Boom And Bust - Online US History

What role did consumers play in slowing the economy down in the 1920s? Consumers demanded fewer goods. Consumers demanded more goods. Consumer demanded less expensive goods. Consumer demanded better-made goods.

How did many banks fail consumers in the stock market crash of 1929? Banks had invested customer savings in the stock market, losing depositors' money in the crash. Banks refused to pass on profits made in the stock market to depositors, keeping the money. Banks refused to issue loans to help investors pay for their financial losses in the crash. Banks only paid a small portion of insurance owed to depositors for their financial losses.

During which decade did an economic boom and bust occur in the United States? 1900s 1910s 1920s 1930s

In 1929, unresolved economic issues led to an increase in consumer demand. a stock market crash. a stock market boom. an increase in the production of goods.

During the 1920s, buying stock on credit was called buying on speculation. buying on a gamble. buying on margin. buying on margin call.

During the 1920s, economic growth in the United States occurred rapidly and then slowed down. slowly and then became faster. rapidly throughout the decade. slowly throughout the decade.

Which best explains why people failed to make their promised payments on items during the 1920s? They bought too little. They bought too much. They bought on margin. They speculated.

To meet demand in the early 1920s, businesses and industries produced fewer goods that were more expensive. more goods that were less expensive. fewer goods with less government regulation. more goods with more government regulation.

In the 1920s, what did businesses and industries do that caused the economy to slow down? They hired more workers. They speculated in the stock market. They bought stocks on margin. They overproduced goods.

What effect did the use of credit have on the economy in the 1920s? It made the economy stronger. It made the economy weaker. It made parts of the economy stronger. It solved the problem of overproduction.

Which is an example of using credit? A consumer buys an item and pays by check. A consumer buys an item and promises to pay later. A consumer buys a share in a company. A consumer buys an item and argues over the price.

How did consumers weaken the economy in the late 1920s? Consumers only bought a limited number of products. Consumers bought too many goods they could not afford. Consumers refused to pay high prices for agricultural goods. Consumers increased their spending and only used cash.

Businesses and industries in the 1920s most closely followed the buying demands of the government. farmers. consumers. manufacturers.

When banks closed as a result of the financial crisis of the Great Depression, depositors were given stock shares instead of cash in compensation. could retrieve the money from their accounts before closure. lost any savings they had kept at a closed bank. could recover their savings from the government.

Which best explains how the overproduction of goods in the 1920s affected consumer prices and the economy? Prices fell as consumer demand increased, and the economy grew. Prices increased along with consumer demand, and businesses prospered. Prices fell as consumer demand decreased, and the economy slowed down. Prices increased but consumer demand decreased, and the economy grew.

Which best explains what had happened by October 31, 1929, in the stock market? The market had a rally. The market had lost much of its value. The market had totally collapsed. The market had slowly inched upward.

A strong stock market depends on many investors speculating. many investors buying on margin. most consumers buying on credit. overall confidence in the economy.