The Beginning of the Great Depression

Question 1

How did overproduction affect farmers in the 1920s?

Revolt · Accepted Answer

C: Farmers could not pay their debts.

Question 2

Why is strong consumer confidence important to an economy?

Revolt · Accepted Answer

C: People spend more money.

Question 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?

Revolt · Accepted Answer

C: 1929–1932

Question 4

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

Revolt · Accepted Answer

D: by using advertising

Question 5

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

Revolt · Accepted Answer

B: Thousands of banks failed in the 1930s.

Question 6

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

Revolt · Accepted Answer

D: rising debt

Question 7

What aided farm production in the 1920s?

Revolt · Accepted Answer

A: New technology made crops more plentiful.

Question 8

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

Revolt · Accepted Answer

A: Business stock values decreased.

Question 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.

Revolt · Accepted Answer

A: Businesses cut production.; B: Workers were laid off.; D: Businesses closed.

Question 10

Why did bank runs increase in the late 1920s?

Revolt · Accepted Answer

D: People feared that the banks would close permanently.

The Beginning of the Great Depression Answers

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