9-4: Economics of the Great Depression

Economics of the Great Depression

Part 1 of 1: Watch Crash Course The Great Depression and answer the questions that follow.


  1. Much of the consumer consumption of the 1920’s was fueled by what system of payment?
  2. What sector of Americans suffered throughout the 1920’s despite new technological innovations?
  3. By 1929, bankers were in the unusual position of loaning more money for stock market investments than commercial investment. What does this mean?
  4. When did we find ourselves in a similar situation to question #3?
  5. What is deflation? Why is it worse than inflation?
  6. What is the Hawley-Smoot Tariff? And why was it so bad for America?
  7. By early 1932 what percent of the labor force was out of work?
  8. Who is Dorothea Lange and what is her connection to the great depression?
  9. What are Hoovervilles? Who were they named after?
  10. Why are questions about the Great Depression still controversial?


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