AnswersMCPSS AL-Grade 6 United States Studies The Industrial Revolution to the Present - Summer School 2026The Beginning of the Great Depression

The Beginning of the Great Depression Answers

10 verified answers
1
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How did overproduction affect farmers in the 1920s?

A
Farmers produced fewer goods.
B
Farmers used new technology.
C
Farmers could not pay their debts.
D
Farmers reacted to increased demand.
2
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Why is strong consumer confidence important to an economy?

A
The quality of products decreases.
B
The government spends fewer tax dollars.
C
People spend more money.
D
Businesses produce fewer goods.
3

The chart shows the gross domestic product of the United States from 1925 to 1939. According to the chart, in which years did the US economy suffer the most?

Question illustration
A
1930–1936
B
1927–1929
C
1929–1932
D
1933–1937
4

How did businesses try to increase demand during the 1920s?

A
by inventing coupons
B
by waiving taxes
C
by producing more goods
D
by using advertising
5

The chart shows the number of bank failures during the Great Depression.

Question illustration
A
Thousands of banks failed every year throughout the 1930s.
B
Thousands of banks failed in the 1930s.
C
By 1933 bank failures had slowed.
D
Bank failures began in 1929.
6

What was an effect of decreased consumer confidence in the late 1920s?

A
undervalued stocks
B
an increase in jobs
C
higher costs of goods
D
rising debt
7

What aided farm production in the 1920s?

A
New technology made crops more plentiful.
B
Exporting goods to Europe became easier after World War I.
C
Better weather increased the quantity of goods produced.
D
The government gave farmers tax incentives to grow more crops.
8

What was an effect of businesses becoming less profitable in the late 1920s?

A
Business stock values decreased.
B
Consumers bought more goods.
C
Farmers bought more machinery.
D
Banks forgave loan debts.
9

How did overproduction affect businesses in the 1920s? Check all that apply.Businesses cut production. Workers were laid off. Demand increased.Businesses closed. Banks lowered rates.

A
Businesses cut production.
B
Workers were laid off.
C
Demand increased.
D
Businesses closed.
E
Banks lowered rates.
10

Why did bank runs increase in the late 1920s?

A
New regulations increased taxes on bank savings.
B
Consumers believed that banks owned failing companies.
C
The government warned people that their money was at risk.
D
People feared that the banks would close permanently.

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