Jeopardy LeadershipMoneyThe 20’sFarming Depression Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy

$100 Question from H1 Who was the president that was Unfortunate enough to be elected right Before the beginning of the Great Depression?

$100 Answer from H1 Herbert Hoover

$200 Question from H1 Shantytowns that were created As housing by the homeless from Scraps were known as:

$200 Answer from H1 Hoovervilles

$300 Question from H1 True or False: Hoover believed In a hands-on relationship between The government and the business World.

$300 Answer from H1 False. He believed in a hands off Approach.

$400 Question from H1 Hoover’s administration passed the Hawley-Smoot Tariff. What did this Tariff do?

$400 Answer from H1 Raised taxes on imports by as Much as 50%.

$500 Question from H1 What was the result of the Hawley- Smoot Tariff?

$500 Answer from H1 An international trade war in which Foreign countries refused to buy U.S. Goods. If you won’t buy my goods, I won’t buy yours!

$100 Question from H2 The Great Depression is known as The greatest ____________ crisis In U.S. history.

$100 Answer from H2 Economic

$200 Question from H2 What is speculation?

$200 Answer from H2 Buying at high risk in an effort to Make large amounts of profit.

$300 Question from H2 Explain the concept of buying on the margin.

$300 Answer from H2 Shares were bought at 10% of their Value, with the additional 90% being Paid once the shares were sold for high Profits.

$400 Question from H2 Prior to the 1920’s, credit Was only available for what Group? During the 1920’s Credit was extended to What group?

$400 Answer from H2 Businesses; consumers

$500 Question from H2 Explain the difference between Inflation and deflation.

$500 Answer from H2 Inflation: lowered value of money Deflation: lowered demand Coupled with falling prices of goods

$100 Question from H3 What is the nickname given to The 1920’s?

$100 Answer from H3 The Roaring 20’s

$200 Question from H3 Overproduction in the 1920’s Led to what consequence?

$200 Answer from H3 Falling prices of goods

$300 Question from H3 The increase in consumer goods Led to spending in the 1920’s. What are some examples of those Consumer goods?

$300 Answer from H3 Automobiles, radios, Small home appliances

$400 Question from H3 What role did uneven distribution Of wealth play in the economic Situation of the 20’s?

$400 Answer from H3 While only a few were wealthy, Many wanted to purchase the Consumer goods the rich could afford. This led to buying on credit and The growth of personal debt.

$500 Question from H3 What two practices led to the Booming economic times in The 1920’s?

$500 Answer from H3 Speculation and buying on the margin

$100 Question from H4 What led to U.S. farmers increasing Production during the 20’s?

$100 Answer from H4 Demand from Europe following WWI

$200 Question from H4 Overfarming and drought Combined to cause what?

$200 Answer from H4 The Dust Bowl

$300 Question from H4 What did many people do to escape The Dust Bowl?

$300 Answer from H4 Move west from the Great Plains, Often to California

$400 Question from H4 Farmers greatly benefitted from Subsidies. What is a subsidy?

$400 Answer from H4 Grant given from the government To farmers, often for growing Specific crops

$500 Question from H4 Explain what happened to U.S. Farmers when Europe recoverd From WWI.

$500 Answer from H4 As Europeans recovered demand For U.S. farm goods was reduced. Farmers did not lessen the amount They produced to meet the lower Demand, thus leading to overproduction

$100 Question from H5 What is considered to be the Official beginning date of The Great Depression?

$100 Answer from H5 October 29, 1929 (Black Tuesday)

$200 Question from H5 What finally ended the Great Depression?

$200 Answer from H5 World War II

$300 Question from H5 How high did unemployment Rates climb during the Depression?

$300 Answer from H5 25% or greater in some areas

$400 Question from H5 In addition to the Smoot-Hawley Tariff, what did the government increase during the Great Depression That hurt U.S. citizens?

$400 Answer from H5 Increased income taxes

$500 Question from H5 List three causes of the Great Depression

$500 Answer from H5 1.Overproduction 2.Banking/Money Policies 3.Stock Market Practices 4.Political Decisions

Final Jeopardy

Final Jeopardy Answer