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
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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.2
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The chart shows the number of bank failures during the Great Depression.
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 1929.3
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.4
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?
A
1930–1936B
1927–1929C
1929–1932D
1933–19375
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.6
How did businesses try to increase demand during the 1920s?
A
by inventing couponsB
by waiving taxesC
by producing more goodsD
by using advertising7
What is a problem that consumers faced in the 1920s?
A
Businesses invested in advertising to increase demand.B
Businesses offered credit for people to easily buy goods.C
Consumers had to pay higher taxes on goods.D
Consumers became dependent on borrowing.8
What effect did increased credit have on businesses?
A
Families budgeted carefully based on their loan payments.B
Businesses struggled to get their money back.C
Consumers continued to have confidence in banks.D
Small businesses and families stopped using credit.9
In the timeline of the causes of the Great Depression, which event came last?
A
the overproduction of goodsB
speculation in the stock marketC
the overvaluing of stocksD
the stock market crash10
What was an effect of decreased consumer confidence in the late 1920s?
A
undervalued stocksB
an increase in jobsC
higher costs of goodsD
rising debtDid you find these answers helpful?
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