apus chapter 24
apus chapter 24
Study online at https://quizlet.com/_gefm3u
1. Beginning in February 1928 and lasting through most saw the number of shares
of 1929, the American stock market traded daily soar.
A. saw the number of shares traded daily soar.
B. saw the average price of stocks rise slightly.
C. had slowly been declining in value.
D. had rapidly been losing in value.
E. saw brokerage firms restrict credit to those buying
stocks.
2. On Oct. 29, 1929, the American stock market lost all the gains of the pre-
A. saw fewer than one million shares of stock traded. vious year.
B. lost all the gains of the previous year.
C. experienced its first sharp decline in values since the
War.
D. was forced to suspend business because of stagger-
ing declines in values.
E. rebounded slightly from the tremendous losses of
"Black Thursday.
3. All of the following factors were causes of the Great conservative banking poli-
Depression EXCEPT cies that restricted the
A. an unstable European economy. availability of loans.
B. a lack of diversification in the United States econo-
my.
C. a misdistribution of purchasing power.
D. conservative banking policies that restricted the
availability of loans.
E. weak consumer demand.
4. In the late 1920s, the European demand for agriculture declining.
and manufacturing goods from the United States was
A. rising.
, apus chapter 24
apus chapter 24
Study online at https://quizlet.com/_gefm3u
B. steady.
C. declining.
D. chronically unstable.
E. essentially nonexistent.
5. After 1929, in the face of the worsening global eco- refused to alter the pay-
nomic crisis, the United States ment schedule of debts
A. reduced the debts owed by European nations to owed by European nations
America. to America.
B. forgave the debts owed by European nations to
America.
C. demanded immediate payment of all debts owed by
European nations to America.
D. refused to alter the payment schedule of debts
owed by European nations to America.
E. forgave the debts owed by former allies during the
War, and reduced the debts of other nations.
6. The severity of the Depression in 1931 increased when raised interest rates.
the Federal Reserve Board
A. closed all financially-ailing banks.
B. declared bankruptcy.
C. weakened the value of the dollar.
D. expanded the money supply.
E. raised interest rates.
7. During the Great Depression, unemployment in the 25 percent.
United States peaked at an estimated
A. 10 percent.
B. 25 percent.
C. 40 percent.
apus chapter 24
Study online at https://quizlet.com/_gefm3u
1. Beginning in February 1928 and lasting through most saw the number of shares
of 1929, the American stock market traded daily soar.
A. saw the number of shares traded daily soar.
B. saw the average price of stocks rise slightly.
C. had slowly been declining in value.
D. had rapidly been losing in value.
E. saw brokerage firms restrict credit to those buying
stocks.
2. On Oct. 29, 1929, the American stock market lost all the gains of the pre-
A. saw fewer than one million shares of stock traded. vious year.
B. lost all the gains of the previous year.
C. experienced its first sharp decline in values since the
War.
D. was forced to suspend business because of stagger-
ing declines in values.
E. rebounded slightly from the tremendous losses of
"Black Thursday.
3. All of the following factors were causes of the Great conservative banking poli-
Depression EXCEPT cies that restricted the
A. an unstable European economy. availability of loans.
B. a lack of diversification in the United States econo-
my.
C. a misdistribution of purchasing power.
D. conservative banking policies that restricted the
availability of loans.
E. weak consumer demand.
4. In the late 1920s, the European demand for agriculture declining.
and manufacturing goods from the United States was
A. rising.
, apus chapter 24
apus chapter 24
Study online at https://quizlet.com/_gefm3u
B. steady.
C. declining.
D. chronically unstable.
E. essentially nonexistent.
5. After 1929, in the face of the worsening global eco- refused to alter the pay-
nomic crisis, the United States ment schedule of debts
A. reduced the debts owed by European nations to owed by European nations
America. to America.
B. forgave the debts owed by European nations to
America.
C. demanded immediate payment of all debts owed by
European nations to America.
D. refused to alter the payment schedule of debts
owed by European nations to America.
E. forgave the debts owed by former allies during the
War, and reduced the debts of other nations.
6. The severity of the Depression in 1931 increased when raised interest rates.
the Federal Reserve Board
A. closed all financially-ailing banks.
B. declared bankruptcy.
C. weakened the value of the dollar.
D. expanded the money supply.
E. raised interest rates.
7. During the Great Depression, unemployment in the 25 percent.
United States peaked at an estimated
A. 10 percent.
B. 25 percent.
C. 40 percent.
