Causes of the Great Depression - Chapter 4 Quiz

📉 Causes of the Great Depression

Chapter 4 Economic Analysis Quiz

1
Multiple Choice
What date is known as "Black Tuesday" when the stock market crashed?
2
True/False
Canada has a pure market economy where the government has no involvement in economic activities.
3
Multiple Choice
What percentage of Canada's production from farms, forests, and mines was exported during this period?
4
True/False
When buying stocks "on margin" during the 1920s, investors typically paid only 10 percent down and borrowed the remaining 90 percent.
5
Multiple Choice
Which two exports made Canada extremely vulnerable to changes in world markets?
6
True/False
U.S. protectionism helped Canadian exports by reducing competition from other countries.
7
Multiple Choice
Between 1922 and 1926, how much money worth of new shares did Canadian companies issue?
8
Short Answer
Explain the relationship between supply and demand, and provide the wheat example from the text to illustrate this economic principle.
9
Short Answer
Describe the cycle of overproduction during the 1920s and explain how it contributed to the Great Depression. Include specific steps in the process.
10
Short Answer
Analyze how World War One debt problems created a chain reaction that affected the global economy. Include the roles of Germany, Britain, France, and the United States in your explanation.

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