MCQ Questions
Q.1.
How did consumers weaken the economy in the late 1920s?
  • 0%
    consumers
  • 0%
    Even though prices and demand were falling, production increased.
  • 0%
    Consumers bought too many goods they could not afford.
  • 0%
    farmers could not repay their loans
Q.2.
Which statement best explains how farming affected the economic slowdown that led to the Great Depression?
  • 0%
    They were overproducing goods.
  • 0%
    People spend less, businesses produce less, and unemployment rises.
  • 0%
    Even though prices and demand were falling, production increased.
  • 0%
    had to make up the difference
Q.3.
Which statement best explains how manufacturers contributed to the economic slowdown that led to the Great Depression?
  • 0%
    had to make up the difference
  • 0%
    People spend less, businesses produce less, and unemployment rises.
  • 0%
    They were overproducing goods.
  • 0%
    Even though prices and demand were falling, production increased.
Q.4.
Which of the following best explains what happens when consumers think the economy is struggling?
  • 0%
    They were overproducing goods.
  • 0%
    had to make up the difference
  • 0%
    People spend less, businesses produce less, and unemployment rises.
  • 0%
    Even though prices and demand were falling, production increased.
Q.5.
In the 1920s, many rural banks failed because
  • 0%
    Consumers bought too many goods they could not afford.
  • 0%
    They were overproducing goods.
  • 0%
    farmers could not repay their loans
  • 0%
    had to make up the difference