US History
Crash Course: The Great Depression
1. Name five reasons John Green thinks the Great Depression started?
2. List two farm prices fell during the 1920’s.
3. By 1929 what was the unusual position bankers found themselves in?
4. Why was the stock market crash and the Great Depression not the same thing? Explain.
5. Describe margin buying.
6. According to John Green, what was the cause of the Great Depression?
7. Describe how banking worked in the US during the 1920’s.
8. Describe what a frozen credit system is and how it caused the depression.
9. What is the difference between deflation and inflation?
10. Why does John Green think the Federal Reserve could also be a cause of the depression?
11. Describe Keynesian economics.
12. What did Herbert Hoover claim was the cause of the Great Depression? Why?
13. Why did the United States pass the Hawley-Smoot Tariff? How did it effect the Great
Depression?
14. List two things President Hoover and the government did to fight the great depression.
15. List four things Hoover did to cushion the effects of the great depression.
16. What was the Reconstruction Finance Corporation and why did it not help?
17. What effect did the art and literature of the day have on the Great Depression?
18. Identify the Bonus March.