Causes of the Great Depression Quiz
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Questions and Answers

Which of the following was NOT a cause of the Great Depression?

  • Tariff barriers reducing international trade
  • Overspeculation in the stock market and real estate
  • Overproduction in the manufacturing sector (correct)
  • Americans buying on margin

    • What event triggered the chain reaction leading to the Great Depression?

  • Overproduction in the manufacturing sector
  • The New York Stock Market crash (correct)
  • Widespread bank failures
  • Tariff barriers reducing international trade

    • Why did many Americans lose their life savings during the Great Depression?

  • Banks could not repay the depositors (correct)
  • Investors lost their savings
  • Companies could not sell stocks
  • Manufacturers closed factories

    • What was the unemployment rate during the Great Depression?

    <p>Nearly 25%</p> Signup and view all the answers

    How did the Great Depression affect manufacturing?

    <p>Manufacturers closed factories</p> Signup and view all the answers

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