📚 Part 1: Multiple Choice

1. The stock market crash that helped start the Great Depression happened in:

1928

1929

1930

2. What does "buying on margin" mean?

Buying stocks with borrowed money

Buying stocks at a discount

Buying stocks in small amounts

3. Which was a major cause of bank failures during the Great Depression?

Too many people withdrew their money at once

Banks charged too much interest

The government closed all banks

4. Overproduction means:

Making more goods than people can buy

Making goods too expensive

Making goods of poor quality

✏️ Part 2: Fill in the Blanks

5. Complete the sentences using the words below:

Word Bank: unemployment, credit, farmers, tariffs

a) Many _____________ lost money because crop prices fell too low.

b) High _____________ made it harder for other countries to buy American goods.

c) People bought too many things on _____________ and couldn't pay back their debts.

d) _____________ rose to 25% during the worst part of the Great Depression.

6. Name two causes of the Great Depression and explain how each one led to economic problems.

7. Why do you think so many people lost confidence in the economy during this time?