Name: _________________________ U.S. History Matching Quiz Causes of the Great Depression Instructions: Match the causes of the Great Depression with their definition by placing the letter of the definition in the blank. ______ 1. The Stock Market Crash ______ 2. Bank Failures ______ 3. Reduction in Purchasing ______ 4. Foreign Trade Problems ______ 5. Farming Crisis A. A years-long drought coupled with poor farming practices created a vast region from southeast Colorado to the Texas panhandle that came to be called the Dust Bowl. B. Congress passed the Tariff Act of 1930, better known as the Smoot-Hawley Tariff. The measure imposed near-record tax rates on a wide range of imported goods. A number of American trading partners retaliated by imposing tariffs on U.S.-made goods. As a result, world trade fell by two-thirds between 1929 and 1934. C. Although it was neither the sole cause of the Great Depression nor the first crash that month, this market, which had reached record highs that very summer, had begun to decline in September. D. Surviving institutions, unsure of the economic situation and concerned for their own survival, became unwilling to lend money. This exacerbated the situation, leading to less and less spending. E. With their investments worthless, their savings diminished or depleted, and credit tight to nonexistent, spending by consumers and companies alike ground to a standstill.