USA HISTORY

THE GREAT DEPRESSION 1929 1940

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
One long range effect of the Great Depression was that many people
A
Grew to like President Hoover
B
Became risk takers in the stock market
C
Developed habits of saving and thriftiness
D
Came to believe in small government
Explanation: 

Detailed explanation-1: -One long-range effect of the Great Depression was that many people developed habits of saving and thriftiness. People of the depression had very little and were forced to be thrifty with finances. What was the purpose of the Hawley Smoot Tariff?

Detailed explanation-2: -What were the major causes of the Great Depression? Among the suggested causes of the Great Depression are: the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply.

Detailed explanation-3: -What was not an effect of the Great Depression? Many people did not farm; Causes of the Great Depression: many children had a poor diet, many families became homeless, and many men became unemployed.

Detailed explanation-4: -of the Great Depression had a tremendous social and psychological impact. Some people were so demoralized by hard times that they lost their will to survive. Between 1928 and 1932, the suicide rate rose more than 30 percent. Three times as many people were admitted to state mental hospitals as in normal times.

Detailed explanation-5: -When Japan attacked the U.S. Naval base at Pearl Harbor, Hawaii, on December 7, 1941, the United States found itself in the war it had sought to avoid for more than two years. Mobilizing the economy for world war finally cured the depression.

There is 1 question to complete.