#1
Which of the following was a major cause of the Great Depression?
Stock market crash of 1929
ExplanationThe collapse of the stock market in 1929 triggered the Great Depression.
#2
During the Great Depression, what happened to unemployment rates in the United States?
Unemployment increased significantly
ExplanationThe Great Depression saw a substantial rise in unemployment rates.
#3
Which industry was hit the hardest during the Great Depression?
Agriculture
ExplanationThe agriculture industry faced severe challenges during the Great Depression.
#4
What was the name of the shanty towns that emerged during the Great Depression?
Hoovervilles
ExplanationImpoverished settlements during the Great Depression were known as Hoovervilles.
#5
Which of the following was not a characteristic of the Great Depression?
Rapid economic growth
ExplanationThe Great Depression was marked by economic contraction, not growth.
#6
Which President of the United States was in office when the Great Depression began?
Herbert Hoover
ExplanationHerbert Hoover was the U.S. President at the onset of the Great Depression.
#7
What was the primary focus of Franklin D. Roosevelt's New Deal programs during the Great Depression?
Economic relief and recovery
ExplanationFDR's New Deal aimed at providing economic relief and promoting recovery.
#8
What economic policy did many countries adopt during the Great Depression to protect domestic industries?
Protectionism
ExplanationMany countries adopted protectionism to safeguard their domestic industries during the Great Depression.
#9
Which country was the first to recover from the Great Depression?
Germany
ExplanationGermany was the first to recover from the economic downturn of the Great Depression.
#10
Which of the following was a notable effect of the Great Depression on families?
Rise in divorce rates
ExplanationThe Great Depression saw an increase in divorce rates among families.
#11
How did the Great Depression impact global trade?
Global trade declined significantly
ExplanationGlobal trade witnessed a substantial decline during the Great Depression.
#12
What role did the gold standard play in exacerbating the Great Depression?
It limited the ability of governments to implement monetary policies
ExplanationThe gold standard constrained governments' monetary policy flexibility during the Great Depression.
#13
Which economic theory was popular during the Great Depression and advocated for limited government intervention in the economy?
Classical economics
ExplanationClassical economics, favoring minimal government intervention, was popular during the Great Depression.
#14
Which of the following sectors experienced growth during the Great Depression?
Entertainment
ExplanationThe entertainment sector saw growth amid the economic challenges of the Great Depression.
#15
Which of the following was not a key component of Franklin D. Roosevelt's New Deal?
Universal healthcare
ExplanationUniversal healthcare was not a key component of FDR's New Deal during the Great Depression.