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Great Depression History Test Flashcards | StudBud
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Great Depression History Test
Great Depression History Test
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1
The stock market took its steepest dive on October 29 1929 the day now known as
Black Tuesday
Red Thursday
Black Friday
Bloody Sunday
2
What is buying on a margin
Buying a loan from an alley
buying a loan from the mafia
Buying a margin
buying a loan from the bank
3
Perhaps the most important result of President Roosevelt's First New Deal was noticeable change in
the spirit of christmas past
the spirtit of the American peole
The spirt of your moms horn
4
During the early 1930s, dust storms blackened the skies of the Great Plains for hundreds of miles
True
False
5
farmers on the great plains began to lose their crops during the depression beacuse
a terrible drought dried the soil
a fungus depleted the soil of nutrients
the soil lost the fertility
frequent rains eroded the soil
6
The first feature length animated film was
Mr. Smith goes to Washington
Snow White and the seven dwarfs
The Wizard of Oz
Animal crackers
7
A margin call is where the bank calls everyone who owns the money from a loan to pay back that money immediately
True
False
8
The New Deal coalition was made up by Roosevelts supporters in congress, as well as the supreme Court Justices
False
True
9
Which figure in Roosevelt administration was the most active in bringing African Americans AndWomenToTheNewDealCoalition
You mom
Frances Perkins
first Lady Eleanor Roosevelt
10
What is speculation
Assuming that the stock market will increase so you should invest
Assuming that the stock market will decrease so you shouldn't invest
Assuming that the stock market is dumb, and you shouldn't do anything
11
By 1934 senator Huey long of Louisiana began criticizing the new deal from the left and calling for
a pensions of all citizens over the age of 60
the government to balance the budget
Massive redistribution of wealth
The government to stop interfering with business
12
Buying on margin was a method of buying stocks
Without any risk
By pooling money with others
With mostly borrowed money
Without using a broker
13
Social Security act established the principle that the federal government should be responsible for
People who as a result of the depression have lost their jobs
Citizens who through no fault of their own were unable to work
14
afterTheFederal__BoardRefusedToPutMoreMoney IntoCirculationHooverSetUpTheNationalCreditCorp.ToCreateMoneyForTrobledBanks
Money
Bounus Army
Relief
Governemt
15
Roosevelt entered office with no clear agenda or strong political ideaology, but his administration favored gov
involvement in heath care
Promotion by competition
Assistance to small business
intervention in the economy
16
Reconstruction finance corporation was set up in 1932 to allow the government to make loans to businesses
True
False
17
Roosevelt and his advisers did not want to simply give money to the unemployed so they created
Pubic Restrooms
Work programs
18
the term "broker sate" is used to refer to new deal agencies and programs that regulate and police the stock market
True
False
19
The fair Labor Standards act abolished child labor, limited the work week to 44 hours for most workers, and
Provided labor meditation for disputes
Gave workers the right to join a union
Implemented a fair hiring provision
Set the first federal minimum wage
20
What were soap operas in the 1930s
Drama comedy shows that had a lot of money, was the reason the stock market
Drama comedy shows that secretly sold kids behind the scene
Drug dealer places
Drama comedy shows for entertainment
21
Budget deficit is the result when the government spends more than it collects in taxes
True
False
22
When we say the stock market crashed we mean that it immediately went down and everyone lost money
False
True
23
What was the life of a hobo
People who scavenged for bread in their office garbage cans
People who are homeless who got on trains illegally to hide from the police
People who had jobs who liked to break the law for fun
People who are homeless who got on trains legally to hide from the police
24
African American Voters turned away from the republic Party in 1936 to support Roosevelt reelection
False
True
25
Why did so many Americans go to the movies during the Great Depression
To sell their kids
For entertainment
For work
Drugs
26
Stockbrokers who made loans that allowed investors to buy stock markets could use a _____ to protect their loans
Collateral call
Margin call
Credit call
Foreclosure call
27
During the depression charity set up ______ to give poor people meals
Soup kitchens
Communities
Public works
Dust bowls
28
They were called soap operas because laundry businesses sponsored them
False
True
29
The stock market crash impacted businesses because they had to close down because they lost income
True
False
30
Banks were important to businesses because they held all their money
True
False
31
TheDepressionHadDeepRootsInTheEconomyOf the1920s including overproduction high tariffs missteps by theFederalReserve and
Deficient spending by the government
That uneven distribution of income
Excessive reliance on export taxes
The inadequate money supply
32
Grant Wood was a painter of the 1930s who was part of the regionalist school
True
False
33
The federal Emergency __Administration attempted to help unemployed americans byChannelingMoney to stateAndLocalAgencies
Delief
Belief
Relief
felief
34
Roosevelts programs succeeded in creating a safety net for average Americans
False
True
35
to regulate the stock market, congress created the
federal Trade Commission
National Recovery Admission
Everyone sleeps with your mom act
Securities and Exchange commission
36
to fight the depression, the first thing Roosevelt set out to do was to
Provide direct relief to the unemployed
Set up massive public work programs
Restore confidence in the nation's banking system
Provide mortgage assistance for farmers
37
president hoover hoped that increasing funding for public works and projects would
provide jobs lost in the private sector
reduce the buget deficit
help reduce farm foreclosures
spur the construction of the industry
38
if interest rates remained too low banks would make risky loans and companies would expand too much
False
True
39
as creditors foreclosed on nearly 1 mil farms between 1930-1934, some farmers ruined their crops in desperate attempt to
retalitate against their ceditors
call public attention to their plight
raise prices by reducing supply
find was to feed their families
40
what did the bold series of programs and reforms that president Roosevelt launched in 1935 come to be called
american liberty plan
The Townshend plan
The winger act
The second new deal
41
Emergency relief and construction act reluctantly was signed by president Hoover to supply relief funds to states
False
True
42
In schechter poultry corporation versus United States the Supreme Court struck down
The authority of the NRA
The glass steagall act
Roosevelts deficient spending
Most new deal programs
43
In search for work or a better life many unemployed people
Rode the rails
Moved to big cities
Became homeless
Became farmers
44
Why did banks make margin calls
To get money so they can give it to the people who are in the mafia
To get loans to the rich people
To get money so they can give it to the people who are making bank runs
45
Who is a bailiff
A law officer who overseas what goes on in a courtroom
A law officer who doesn't oversee what goes on in court
A police officer who often goes to your house to see your mom
A police officer on the street catching drug addicts
46
presidant Hoover's image was tarnished by the rout of the bonus Marchers As well as by the
emergency loans to staes
lingering depression
National Credit Program
public works funding
47
The group of WW1 vets who Marched on Washington in 1932 was called the
bonus army
jonas Army
cronus army
domas army
48
_____ invested in stocks betting that the market would continue to climb so they could make quick profit
Stockbrokers
Bailiffs
Speculators
Okies
49
How did speculation cause the stock market to crash
People speculated it was decreasing so nobody boughtAnything and it crashed
People speculated that it would increase constantly so they bought too much
50
The farmers are to blame for the Dust Bowl because they over planted corn
True
False
51
Speculation can be dangerous because it can lead to a stock market crashing
False
True
52
The Great Depression improved steadily during president Hoover 's administration
False
True
53
The Dust Bowl happened because farmers planted wheat which took up the nutrients and topsoil andThatCreatedDustTornadoes
True
False
54
during the 1930s many americans prefeferred movies, radio programs, and other forms of popular entertainment that
evoked indignation at social injustice
provided release from daily worries
created thrills with new special effects
focused on the homeless and unemployed
55
President Roosevelt launched the bold new programs that came to be known as the second new deal primarily because
It's about face strong criticism for the right over the new deal
The Supreme Court struck down the key elements of the new deal program
56
Stock prices first began to decline in late 1929 because
Company earnings declined
Several companies went bankrupt
Investors began to sell their stock
Stock brokers stopped margin loans
57
overproduction is where companies make more goods than people can buy causing a decrease in sales
False
True
58
president hoover did not want the gov to create new jobs that people needed because that would require
Increased government regulation
much lower payment
reform federal taxes
increased government spending
59
During the depression many people were able to enjoy which two popular forms of entertainment
Movies and radio
Theater and radio
Theater and sports
Movies and television
60
the period between March 9-June 9,1933, when congress passed 15 major acts to meet the economicCrisisOfTheDepression,was
Hundred Days
First New Deal
New Freedom
New Nationalism
61
the reconstruction finance corp. marked the first time the Federal Gov. Created anAgencyToStimulateThe___DuringPeaceTime
Governemt
Money
Relief
bonus army
62
Why did okies migrate to California during the Great Depression and what happened to them once they got there
Because of the Dust Bowl, then they were welcomed
because of the dust bowl, then they were discriminated against
because of the election of trump, then they were discrimated against
63
in 1932 president hoover asked congress to create the Recontruction Finance corporation to allow the government to
ecpand the money supply
provid relief to the unemployed
make loans to businesses
create jobs in public works
64
Okies were usually farmers who sold their land to use the profits to travel to Carolina and begin new lives
True
False
65
ThoHooverWasReluctantToSign,congressPassedThe Emergency___Act,ThisGave$1.5bilForPublicWorksAnd$300MilToStateDirectRelief
Bonus Army
Government
Relief
Money
66
William Falconer was a writer who showed that characters what thinking before they spoke
False
True
67
What are interest rates
Money you have to pay back if you have interest in another loan
A % of the money that you got from a loan that you haveToPayBackWithTheLoan
The money that you have to pay back, the loan
68
What is the stock market
Apiece or share of a car that you can loan out to others
A piece or share of a company that you can buy and sell for money
Piece or share of a pizza that you can buy and sell for money
A piece or share of a home that you can buy and sell for
69
Blaming the president for their plights, newly homeless people establish shantytowns they called hoovervilles
True
False
70
At the time of the stock market crash, there was no safety withdeposits, soCustomersLostAllTheirSavingsIfTheBankShutDown
False
True
71
In terms of its main goal of ending the depression, the new deal was only a limited success, but it
Gave many Americans a sense of security and stability
Protected the cords from inference of the exec
Enabled more Americans to have their own homes
Limited the role of the government in economic life
72
The Emergency Banking Relief Act helped solve the banking crisis by
declaring that gold standard would not be abandoned
issuing licenses to banks that federal examiners found financially sound
putting all banks under governemt operation
73
The new deal helped establish a new voting collation for president Roosevelt and the Democratic Party
Creating safeguards/releif Programs Americans from economic disaster
Addressing the needs of groups such as women African Americans and laborers
74
Douglas MacArthur led the troops that dispersed the bonus army
True
False
75
Roosevelt 's policies for ending the depression became known as the
gold standard
fireside chats
glass-steagall Act
New Deal
76
The stock market crash impacted banks because they lost their form of income
True
False
77
BEAR MARKET IS WHERE THE MARKET STAYS AT A STEADY PLACE NEVER INCREASING OR DECREASING. (sorry caps)
False
True
78
Roosevelts energy, serenity, confidence, and ______ gave many Americans hope despite the tough times i n the depression
much
optimism
wokr
relief
79
The AAA that roosevelt asked congress to pass was based onTheIdeaThatPricesOfFarmGoodsWereLowBecauseFarmersGrewToo__Food
Relief
Little
opamisum
Much
80
when senate voted down a bill that promised the immediate payment of the $1,000 bounus to each vet of WW1, some vets
marched Oregon
burned down public buildinga
camped in vacant buildings in Washington, DC
demonstrated in front of the white house
81
What's a bull market
When it increases at a rapid rate and it stops after one minute
where it increases at a rapid rate, and we don't know when it will stop
Where it stays steady not increasing or decreasing
Where it declines at a rapid rate
82
The Dust Bowl occurred primarily because plowed land was left uncultivated and there was a terrible drought
True
False
83
Bank runs are where people run to the banks to get the savings
False
True
84
President Roosevelt 's desire to change the political balance of theSupremeCourtLedToThe__whichWasRoosveltsFirstMistake
court packing plan
eating solenes Ear
court-planting plan
cheating on his wife
85
woman and African Americans Made modest gains of the support because of Eleanor roosevelt
False
True
86
Father Coughlin a former new deal supporter with a popular radio show called for the government to
Engineer a massive redistribution of wealth
nationalize the banking system
And union and labor organizing
87
The stock market crash weakened the nations banks because
Banks had invested their deposits in the stock market
Investors no longer had money to deposit in banks
Investors could no longer afford to take out loans from banks
Banks depended on their stock for operating funds
88
After the new deal had been in effect for two years the US economy
Had slipped more deeply into the depression
Demonstrated robustness growth
Showed only slight improvement
Had recovered from the depression almost completely
89
As a result of the stock market crash, some banks suffered more losses than they could afford and
Were forced to close
Tried to attract more depositors
Needed to increase interest rates
How to approve more loans
