Author Question: The severity of the Depression increased in 1931 when the Federal Reserve Board A. weakened the ... (Read 105 times)

rl · **on:** Sep 21, 2019

Question 1

In 1932, the unemployment rate in Toledo, Ohio, was one of the worst in the nation, at

A. 80 percent.

B. 95 percent.

C. 40 percent.

D. 70 percent.

E. 60 percent.

Question 2

All the following factors contributed to the Great Depression EXCEPT

A. weak consumer demand.

B. a lack of diversification in the United States economy.

C. conservative banking policies that restricted the availability of loans.

D. a maldistribution of purchasing power.

E. an unstable European economy.

Question 3

The severity of the Depression increased in 1931 when the Federal Reserve Board

A. weakened the value of the dollar.

B. raised interest rates.

C. closed all financially-ailing banks.

D. declared bankruptcy.

E. expanded the money supply.