Our Great Depression quiz is designed to make even the saddest history buff smile. From the stock market crash to the New Deal, pull yourself out of the dumps with a little trivia from a time when things were really bad.
When did the Great Depression start?
Businesses made a 65 percent leap in gains during the 1920s, but worker's salaries only increased by what percentage?
In summer 1929, the Depression was simply a recession. What's a recession, again?
businesses start going bankrupt
economic activity slows
Interest rates go way up
Between 1921 and 1929, prices swelled four times larger in what economic area?
Because interest rates were raised, what happened?
banks began closing
people and businesses slowed spending on loans
everyone started buying more stocks in a panic
Before the Great Depression, the government traditionally took what role in an economic downturn:
It monitored closely.
an extremely heavy-handed role
a very limited role
October 24, 1929 is commonly referred to as what?
What happened on Black Thursday?
People began panicking and selling off stocks at enormous rates.
The New York Bank declared bankruptcy.
The Fed raised interest rates once again.
How many shares were traded on Black Thursday?
How many points down did the Dow close on Black Thursday?
Black Thursday was followed by:
The Gold Standard is defined as what?
how much gold it would take to pay off the country's debt
the best economy rating
Countries set their currency by the value of gold.
How do some people believe the Gold Standard played a part in the Depression and economic downturn?
It caused the Depression to spread internationally, because the price and flow of gold shifted dramatically.
It made the cost of silver plummet, causing panic.
Everyone bought gold and wouldn't trade with paper money.
Who does the Civilian Conservation Corps, established in 1933, employ?
When did President Roosevelt order the nation off the Gold Standard?
By devaluing currency from the Gold Standard, many countries:
saw growth in their economy.
spiraled into bankruptcy.
had revolutions and riots.
Why would abandoning the Gold Standard make a difference?
Countries could expand their currency supplies without tying it to gold flows.
People just felt better knowing their paper was a symbol and didn't represent a metal.
It's a mystery.
How much of the American labor force was out of work during the early 1930s?
almost a fourth
The drought and subsequent Dust Bowl hit America in what year?
About how many Americans fled the Plains states to find work in other areas?
The Works Progress Administration employed how many Americans from 1935-1943?
Along with construction and building, what other industry sector received WPA support?
What was the name of the tariff passed to help domestic farming in the U.S.?
the Boot-Pauley tariff
the Smoot-Hawley tariff
the Loot-Falley tariff
How did the Smoot-Hawley tariff possibly hurt U.S. trade during the Depression?
It banned foreign rice.
It caused a shortage of wheat.
It made it harder for other countries to import agriculture products to the U.S.
What photographer's series featuring farm workers gave us lasting images of the Depression's toll?
What Oklahoman became famous for his songs of protest during the Depression?
In 1930, what percentage of African Americans were unemployed?
What was one argument against employing women during the Depression?
Men couldn't cook dinner, even if their wives were working.
Women would be stealing jobs from men.
Women should be growing vegetables for food banks.
From its lowest point during the Depression, how much had industrial production declined?