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Eighth Grade (Grade 8) Great Depression Questions

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Grade 8 Great Depression
Who was the president at the beginning of the Great Depression?
  1. Calvin Coolidge
  2. Herbert Hoover
  3. Franklin Roosevelt
  4. Woodrow Wilson
Grade 8 Great Depression
Which financial reform act was passed in response to the Wall Street Crash and subsequent Great Depression?
  1. Social Security Act
  2. Securities Exchange Act of 1934
  3. Federal Reserve Act of 1913
  4. Wagner Act
Grade 8 Great Depression
What was one of the major causes of the Wall Street Crash?
  1. Widespread government regulation
  2. A surplus of consumer goods
  3. A lack of speculative trading
  4. Over-speculation in the stock market
Grade 8 Great Depression
What is one term used to describe the practice of buying stocks with borrowed money in the hope of making a quick profit?
  1. What is one term used to describe the practice of buying stocks with borrowed money in the hope of making a quick profit?
  2. Margin trading
  3. Long-term investing
  4. Bear market strategy
Grade 8 Great Depression
What effect did the Wall Street Crash have on the U.S. economy?
  1. It led to a period of economic growth and prosperity.
  2. It triggered the Great Depression, a severe economic downturn.
  3. It had no significant impact on the economy.
  4. It caused a brief recession that quickly recovered.
Grade 8 Great Depression
Which group of people was particularly hard-hit by the Wall Street Crash and its aftermath?
  1. Wealthy investors
  2. Middle-class workers
  3. Farmers
  4. Government officials
Grade 8 Great Depression
The Social Security Act was designed to do what?
  1. provide jobs to the unemployed
  2. protect farms damaged during the Dust Bowl
  3. provide government insurance to bank deposits
  4. provide unemployment insurance and funds for the elderly
Grade 8 Great Depression
When did the Wall Street Crash occur?
  1. 1925
  2. 1927
  3. 1929
  4. 1931
Grade 8 Great Depression
Who was the President of the United States during the Wall Street Crash of 1929?
  1. Franklin D. Roosevelt
  2. Herbert Hoover
  3. Theodore Roosevelt
  4. Woodrow Wilson
Grade 8 Great Depression
Which stock exchange experienced the crash?
  1. London Stock Exchange
  2. Tokyo Stock Exchange
  3. New York Stock Exchange
  4. Frankfurt Stock Exchange
Grade 8 Great Depression
What is another name for the Wall Street Crash of 1929?
  1. Black Tuesday
  2. Red Friday
  3. Blue Monday
  4. White Wednesday
Grade 8 Great Depression
Recovery during the Great Depression began in what year?
  1. 1933
  2. 1936
  3. 1940
  4. 1941
Grade 8 Great Depression
How many shares were traded on Black Tuesday, October 29, 1929?
  1. Over 1 million
  2. Over 10 million
  3. Over 100 million
  4. Over 1 billion
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