Standard 17 Millionaire Review

This is when consumers buy much less of
a product than usual.
A.) Speculation
B.) Hedge Funds
C.) Underconsumption
C.)
Underconsumption
D.) Overproduction
L
F
This resulted when consumers lost buying
power but businesses continued to produce
goods that consumers did not buy?
A.)
A.)Overproduction
Overproduction
B.) Speculation
C.) Underconsumption
D.) Credit
L
F
This is how businesses responded to loss
in profits from overproduction?
A.) Salary increases
C.) Incorporation
B.)
B.)Wage
Wage cuts & layoffs
D.) Increased production
L
F
This was a risky investment with hopes of
Making a quick profit?
A.)
A.)Speculation
Speculation
C.) Underconsumption
B.) Overproduction
D.) Buying on Margin
L
F
This refers to paying a down payment on
stock, then paying installment plans for
the remainder of the price?
A.) Speculation
B.) Overproduction
C.)
C.)Buying
Buyingon
onMargin
Margin
D.) Underconsumption
L
F
An increase in this indicated that people
suffered emotionally or psychologically
in the Great Depression?
A.) Consumerism
B.) Suicides
Suicides
C.) Production
D.) Unions
L
F
This was what October 29, 1929 is known as?
A.) Fat Tuesday
B.) Black Friday
C.) Ash Wednesday
D.)
Black Tuesday
D.) Black
Tuesday
L
F
This is a place where people could go to
get something to eat if they were starving
during the Great Depression?
A.) Dust bowls
B.)
Kitchens
B.)Soup
Soup
Kitchens
C.) Levittowns
D.) Shantytowns
L
F
Environmental disaster that resulted from dry
conditions, high winds, and
crop failures in Oklahoma and surrounding
states?
A.) TVA
B.) Katrina
C.)
C.)Dust
DustBowl
Bowl
D.) Dust mites
L
F
This is how homeless farmers in the plains
responded to losing their homes due to
the Dust bowl?
A.) Drew unemployment
B.) Grew more crops
C.) Volunteered
D.)D.)
Migration
west
Migration
west
L
F
Businesses practice of layoffs and firing led
to a rise in this.
A.) Consumerism
B.) Employment
C.) Economic Boom
D.)
D.)Unemployment
Unemployment
L
F
Increased unemployment led to bank
foreclosures on homes and?
A.) Consumerism
B.) Drought
C.) Economic Boom
D.)
D.)Homelessness
Homelessness
L
F
All of these were Causes of the
Great Depression, EXCEPT?
A.) Speculation
B.)New
NewDeal
Dealprograms
programs
B.)
C.) Overproduction
D.) Underconsumption
L
F
Makeshift tents and other areas where
Homeless people lived during the Great
Depression were called?
A.) Levittowns
B.) Tenement Houses
C.)
C.)Hoovervilles
Hoovervilles
D.) Roosevilles
L
F
This was an indicator that the economy
Was in bad shape on October 1929?
A.) Stock
StockMarket
MarketCrash
Crash
A.)
B.) Rise in Minimum Wage
C.) Wagner Act
D.) Increase in Auto sales
L
F
Congratulations!
Thank-you for playing…