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MCQ Questions for CBSE Class 12 with Answers
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Causes (5)
1.
What event is generally considered to be the start of the Great Depression?
Stock market crash
Dust bowl
Prohibition
New Deal
2.
What month did the stock market crash?
April
January
October
March
3.
What law passed in 1930 hurt trade with other countries?
Homestead Act
Sherman Antitrust Act
Smoot-Hawley Tariff Act
Stamp Act
4.
According to the article, what happened in the Midwest during the Great Depression to cause many farmers to lose their crops?
Tornadoes
Fires
Drought
Floods
5.
What caused prices to drop for farmers?
All of the above
High demand
Undersupply
Oversupply
6.
True or False: Many people went into debt buying new products like washing machines and cars.
TRUE
FALSE
7.
What major industry failed, helping to cause the Great Depression?
Construction
Entertainment
Oil
Banking
8.
Before the Great Depression, the United States loaned out money to help its allies from what war?
War of Independence
War of 1812
Civil War
World War I
9.
What type of credit did people use to buy items in the 1920s?
Debit Card
Installment plan
Student loans
Mortgages
10.
According to the article, how many banks failed over the first few years of the Great Depression?
Over 10,000
50
200
500
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