THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It was the direct cause of the Great Depression.
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It was the result of a steady decline in demand for stocks in the previous 12 months.
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It was a cause of the underlying problems that led to the Great Depression
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It was caused by the Dust Bowl that wiped out farms in the Midwest.
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Detailed explanation-1: -What can you conclude from the fact that government breadlines were often very long during the great depression? Many people did not have enough to eat during the depression.
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: -Since the late 1930s, conventional wisdom has held that President Franklin D. Roosevelt’s “New Deal” helped bring about the end of the Great Depression. The series of social and government spending programs did get millions of Americans back to work on hundreds of public projects across the country.