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Exam (elaborations)

The Great Depression Practice Test with Complete Solutions(SCORED A+)

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Which group experienced an early depression in the 1920s? - ANSWER-farmers During the 1920s, the United States economy moved through which phase of the business cycle? - ANSWER-expansion In 1929, the stock market crashed because - ANSWER-investors lost confidence in the market and rushed to sell their shares Which factor contributed to the spread of the Great Depression overseas? - ANSWER-The United States curtailed investment in Europe What does this photograph show? - ANSWER-the Dust Bowl People likely abandoned this place because - ANSWER-the land could not be farmed Which of these factors helped hide economic problems in the 1920s? - ANSWER-Americans purchased many consumer goods on credit What event occurred on Black Tuesday? - ANSWER-Investors sold more than 16 million shares of stock European countries reacted to the Hawley-Smoot Tarriff by - ANSWER-passing high protective tarriffs What economic condition did economist John Maynard Keynes believe caused the Great Depression? - ANSWER-lack of government control At the onset of the Great Depression, urban unemployment - ANSWER-increased dramatically Which of these factors contributed to the plight of rural farmers? - ANSWER-falling prices for crops and livestock Farmers contributed to the problems that led to the Dust Bowl by - ANSWER-using intensive farming practices that removed protective grasses The unemployment rate among African Americans was - ANSWER-nearly double the nati

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The Great Depression
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The Great Depression

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