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- 1. Multiple Choice
the total value of all goods and services produced in a nation
Gross national product
Buying on margin
Cooperative
Subsidy
- 2. Multiple Choice
31st President of the United States; he helped save Europe from starvation after WWI but as president failed to deal effectively with the Great Depression
Herbert Hoover
Franklin D. Roosevelt
Calvin Coolidge
Harry S. Truman
- 3. Multiple Choice
Buying stocks with loans from a broker
Speculation
Foreclosure
Buying on a margin
Deficit
- 4. Multiple Choice
the nation's central bank
Associative State
Federal Reserve System
Gross National Product
Reconstruction Finance Cooperation
- 5. Multiple Choice
Tuesday, October 29, 1929, the day the stock market crashed
Black Tuesday
The Great Crash
Great Depression
Hoover Day
- 6. Multiple Choice
The most severe economic downturn in the history of the United States
The Great Crash
Black Tuesday
The Great Depression
The Great Recession
- 7. Multiple Choice
When a lender takes over ownership of a property from an owner who has failed to make loan payments
Foreclosure
Cooperative
Speculation
Buying on a margin
- 8. Multiple Choice
Makeshift shanty towns that sprung up during the Great Depression; named for President Hoover
Herbert Homes
Hoovervilles
New Hoovershires
Hooverstown
- 9. Multiple Choice
a period of very dry weather
Chronic desertation
Drought
Dry spell
Non-drought
- 10. Multiple Choice
A nickname for the Great Plains region hit by drought and dust storms in the early 1930s
Dust Dome
Dusty Plains
Dust Bowl
Gulf of Dust
- 11. Multiple Choice
the term for President Hoover’s vision of voluntary partnerships between business associations and the government.
Cooperative
Reconstruction Finance Cooperation
Associative State
Hooverville
- 12. Multiple Choice
an organization that is owned and controlled by its members, who work together for a common goal
Associative State
Cooperative
Public Works
New Deal
- 13. Multiple Choice
a program that provided $2 billion in direct government aid to struggling banks and other institutions during the Great Depression
Associative State
Cooperative
Public Works
Reconstruction Finance Cooperation
- 14. Multiple Choice
high tariff law that contributed to a global economic downturn in the 1930
Hoover Tariff Act
Smoot-Hawley Tariff Act
Roosevelt Tariff Act
Roosevelt-Truman Tariff Act
- 15. Multiple Choice
location where most of stock trading takes place
Wall Street
Hooverville
Black Tuesday
Dust Bowl
- 16. Multiple Choice
a period during the thirties of severe dust storms that caused major agricultural damage to the U.S.
Dust Storm
Dust Weather
Dust Bowl
Dust Front
- 17. Multiple Choicea person, government, or bank who has loaned you money or sold you something on margincreditorinvestorbankerrich person
- 18. Multiple Choice
the condition of being out of work, began to grow.stock marketunemploymentcreditHerbert Hoover - 19. Multiple ChoiceThe President of the United States that did not know how to handle the Great Depression.Franklin D. RooseveltBill ClintonWoodrow WilsonHerbert Hoover
- 20. Multiple Choice
What is an economic depression?
a loss of 20% or more in the stock market value
a period of severely declining economic activity
an unemployment rate above 25%
when you check your bank balance and get sad :(
- Answer choicesTagsAnswer choicesTags