This U.S. History quiz is called 'USA: 1919-1932 - The Wall Street Crash And The Depression' and it has been written by teachers to help you if you are studying the subject at middle school. Playing educational quizzes is a fabulous way to learn if you are in the 6th, 7th or 8th grade - aged 11 to 14.
It costs only $12.50 per month to play this quiz and over 3,500 others that help you with your school work. You can subscribe on the page at Join Us
Wall Street was the center of finance in the USA but when the New York Stock Exchange spiraled out of control in October 1929, investors saw the price of shares crash to new lows and many small investors were ruined. The immediate effects included bank closures, reduced production and factory closures - leading to a massive rise in unemployment and the start of the Great Depression.
Discover more about the Wall Street crash and the Great Depression in this quiz.
|
|
||||||||||||||||||||||||
|
|
||||||||||||||||||||||||
|
|
||||||||||||||||||||||||
|
|
||||||||||||||||||||||||
|
|
In 1929 share speculation intensified, but at the first sign of mass selling, panic set in. Prices crashed as investors struggled to sell their shares
|
The share index is calculated on a daily basis, and normally it would gain or lose a small figure each day
|
||||||||||||||||||||||||
Hoover believed that it was best to leave well alone, and that things would sort themselves out independently
|
Hoover hoped to discourage foreign exports so that domestic industry could sell to the home market without undue competition
|
||||||||||||||||||||||||
Hoover learned that his name would grace projects whether he was responsible for them or not
|
Few unemployed people had much confidence that their needs would be met
|
||||||||||||||||||||||||
By this time perhaps, Hoover was beginning to realize that the situation was more serious than he had thought
|
Multiply this figure by 4 or 5, and you get some idea of the total number of people caught up in the situation
|
||||||||||||||||||||||||
MacArthur believed that the marches were organized by the American Communist Party, and he cleared their encampments with a certain enthusiasm
|
The farm problem had been a severe one since before the Crash. Here again, Hoover was relenting under great pressure
|