#1
What event is often considered the starting point of the Great Depression?
Stock Market Crash of 1929
ExplanationThe stock market crash of 1929 triggered widespread economic downturn.
#2
Which country experienced hyperinflation during the Great Depression?
Germany
ExplanationGermany experienced hyperinflation due to economic instability.
#3
Which president was in office when the Great Depression began?
Herbert Hoover
ExplanationHerbert Hoover was the US president during the onset of the Great Depression.
#4
What was the name of the program initiated by President Franklin D. Roosevelt to provide relief, recovery, and reform during the Great Depression?
New Deal
ExplanationThe New Deal was a series of programs introduced by FDR to combat the effects of the Great Depression.
#5
During the Great Depression, what was the term used to describe shanty towns built by homeless people?
Hoovervilles
ExplanationHoovervilles were makeshift settlements constructed by homeless individuals during the Great Depression.
#6
What was the name given to the day the stock market crashed, marking the beginning of the Great Depression?
Black Tuesday
ExplanationBlack Tuesday refers to the day when the stock market crashed, signaling the start of the Great Depression.
#7
What was the unemployment rate in the United States at the peak of the Great Depression?
25%
ExplanationUnemployment in the US reached a staggering 25% during the peak of the Great Depression.
#8
Which of the following factors contributed to the Dust Bowl during the Great Depression?
All of the above
ExplanationFactors like drought, over-farming, and poor agricultural practices led to the Dust Bowl.
#9
Which industry was hit particularly hard during the Great Depression due to overproduction and declining demand?
Automobile
ExplanationThe automobile industry faced significant challenges due to overproduction and reduced demand.
#10
What was one effect of the Great Depression on family life in the United States?
Migrant families searching for work
ExplanationMany families were forced to migrate in search of employment opportunities during the Great Depression.
#11
Which of the following was not a major cause of the Great Depression?
Consumer spending
ExplanationConsumer spending was not a major cause but rather a consequence of the Great Depression.
#12
What was the name of the federal agency set up to insure bank deposits during the Great Depression?
Federal Deposit Insurance Corporation
ExplanationThe Federal Deposit Insurance Corporation (FDIC) was established to insure bank deposits and restore confidence in the banking system.
#13
What was one major consequence of the Hawley-Smoot Tariff Act during the Great Depression?
Decreased international trade
ExplanationThe Hawley-Smoot Tariff Act worsened the global economic downturn by reducing international trade.
#14
Which factor contributed to the spread of the Great Depression to countries outside the United States?
Global interconnectedness of economies
ExplanationThe interconnectedness of global economies facilitated the spread of the Great Depression beyond the United States.
#15
What was the term used to describe the period of severe dust storms during the Great Depression?
Dust Bowl
ExplanationThe Dust Bowl refers to the severe dust storms that ravaged the American prairies during the Great Depression.
#16
What was one significant impact of the Great Depression on international politics?
Rise of isolationist policies
ExplanationThe Great Depression led to the rise of isolationist policies as nations focused inwardly to address economic challenges.
#17
What was the name of the legislation that President Hoover signed to protect American agriculture during the Great Depression?
Smoot-Hawley Tariff
ExplanationThe Smoot-Hawley Tariff was signed by Hoover to protect American farmers but ultimately worsened the economic situation.
#18
Which president implemented the 'New Deal' to address the economic challenges of the Great Depression?
Franklin D. Roosevelt
ExplanationPresident Franklin D. Roosevelt implemented the New Deal to tackle the economic crisis of the Great Depression.