Great Depression Vs. "Great Recession"
10 Questions
| Total Attempts: 93
This will quiz your knowledge of the information you have gleaned from the note sheet, powerpoint, and website. This is a multiple choice quiz, however some answers will include two answers. . . . Good luck
Questions and Answers
- 1.Which of the following is not a cause of the Great Depression?
- A.
The Stock Market Crash of 1929
- B.
Bank Failures
- C.
The Smoot-Hawley Tariff
- D.
Not Purchasing Foreign Goods
- E.
Buying Stocks on Speculation
- 2.The _________ Cycle (Consumers had no money to purchase goods and services so industries responded to lower demand with less supplied services/goods) was also another cause of the Great Depression
- 3.
![What is shown in the above picture? - ProProfs]( "What is shown in the above picture?")
What is shown in the above picture?- A.
Bank Run
- B.
Bank Burning
- C.
Black Friday at Target
- D.
Black Market
- 4.What was the unemployment rate during the Great Depression? It was _____ %
- 5.FDR and Obama both represent, with their hands-on apprached to the economies problems, a shift towards
- A.
Classical Economics
- B.
Keynesian Economics
- 6.Which of the following are causes of the current Recession?
- A.
High Interest Rates
- B.
Escalating Rate of Foreclosure
- C.
George Bush
- D.
Too Many Economics Worksheets stapled together (Not Packets)
- E.
A&B
- 7.One key difference between FDR and Obama was that FDR had to create his own agencies with his New Deal, whereas Obama was only _______ those agencies already set in place by FDR.
- 8.During the Great Depression, speculation was placed merely on stocks, whereas now during the "Great Recession" speculation is placed on __________.
- 9.How many months has the "Great Recession" lasted to date?
- A.
12
- B.
18
- C.
10
- D.
24
- E.
6
- 10.
![What is the name given to the gatherings of shacks and shanty villages strewn across America during the Great Depression?? - ProProfs]( "What is the name given to the gatherings of shacks and shanty villages strewn across America during the Great Depression??")
What is the name given to the gatherings of shacks and shanty villages strewn across America during the Great Depression??
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