1930s - The Great Depression
Study Guide
Number the events in the order in which they occurred.
1. Installment buying makes it easy to purchase cars, refrigerators,
and washing machines.
2. When customers cannot pay monthly installments, storekeepers
repossess (take back) the items. Production of consumer
goods is cut.
3. People go into debt as they buy the latest technology.
4. After the stock market crash, people are unable to pay off their
loans.
1. People lose confidence and take their money out of banks.
2. The stock market crashes.
3. More than 5000 banks fail.
4. Banks demand that people repay money borrowed to buy stock.
1. Workers are laid off as factory orders decline.
2. During the Roaring Twenties, the U.S. raises taxes on imports.
3. The U.S. export market declines.
4. Other nations raise their taxes.
From the list below, choose the term that best completes each sentence. Write your
answer in the blank. One term will not be used.