#1
Which year did the Great Depression begin?
1929
ExplanationThe Great Depression began in 1929 with the stock market crash.
#2
Which country was most affected by the Great Depression?
United States
ExplanationThe United States was most affected by the Great Depression due to the severity of its economic downturn.
#3
Which industry was hit the hardest during the Great Depression?
Agriculture
ExplanationAgriculture was hit the hardest during the Great Depression due to falling prices and widespread crop failures.
#4
What was the nickname for the makeshift communities of homeless people during the Great Depression?
Shantytowns
ExplanationShantytowns were makeshift communities of homeless people that sprang up during the Great Depression.
#5
During the Great Depression, what was the unemployment rate in the United States at its peak?
25%
ExplanationThe unemployment rate in the United States reached 25% at the peak of the Great Depression.
#6
Which American city saw the construction of the Hoover Dam during the Great Depression?
Las Vegas
ExplanationLas Vegas saw the construction of the Hoover Dam during the Great Depression, providing jobs and infrastructure.
#7
Which event is often considered the catalyst for the Great Depression?
The Wall Street Crash of 1929
ExplanationThe Wall Street Crash of 1929 is often considered the catalyst for the Great Depression, triggering a worldwide economic downturn.
#8
Which U.S. President was in office when the Great Depression began?
Herbert Hoover
ExplanationHerbert Hoover was the U.S. President when the Great Depression began, overseeing initial responses to the crisis.
#9
Which famous novel by John Steinbeck depicts the struggles of migrant workers during the Great Depression?
The Grapes of Wrath
ExplanationThe Grapes of Wrath by John Steinbeck depicts the struggles of migrant workers during the Great Depression.
#10
What was the name of the New Deal program that provided jobs for young men during the Great Depression?
CCC (Civilian Conservation Corps)
ExplanationCCC (Civilian Conservation Corps) was a New Deal program that provided jobs for young men during the Great Depression, focusing on conservation work.
#11
Which country experienced hyperinflation during the Great Depression, leading to the collapse of its currency?
Germany
ExplanationGermany experienced hyperinflation during the Great Depression, leading to the collapse of its currency.
#12
What was the name of the legislation passed by the U.S. Congress in 1933 that aimed to reform the financial system and prevent future economic crises?
Glass-Steagall Act
ExplanationThe Glass-Steagall Act was passed by the U.S. Congress in 1933 to reform the financial system and prevent future economic crises.
#13
What economic theory dominated policy responses to the Great Depression?
Keynesianism
ExplanationKeynesianism dominated policy responses to the Great Depression, emphasizing government intervention to stimulate demand.
#14
Who wrote the influential book 'The General Theory of Employment, Interest and Money', which proposed policies to combat economic downturns like the Great Depression?
John Maynard Keynes
ExplanationJohn Maynard Keynes wrote 'The General Theory of Employment, Interest and Money,' proposing policies to combat economic downturns like the Great Depression.
#15
Which country was the first to recover from the Great Depression?
Canada
ExplanationCanada was the first to recover from the Great Depression, aided by its natural resource industries.
#16
Which country did not experience a significant impact from the Great Depression?
Soviet Union
ExplanationThe Soviet Union did not experience a significant impact from the Great Depression due to its socialist economic system.
#17
What was the name of the group of economists who criticized the government's interventionist policies during the Great Depression, advocating for laissez-faire economics?
Austrians
ExplanationAustrians were a group of economists who criticized the government's interventionist policies during the Great Depression, advocating for laissez-faire economics instead.