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The GD & DB
The GD & DB
21 terms
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StudBud Administration
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222 plays
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Flashcards
21 cards
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Practice quiz
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Questions
21
Answers
1
Hoovervilles were?
Make shift towns built and occupied by homeless people.
A house that president Hoover built.
Government housing during the depression.
President Hoover lived there and not the White House
2
Definition of speculation?
A system for buying and selling stocks in corporations.
A specified amount of money.
Persistent demands by a bank's depositors to withdraw money.
Buying stocks at great risk anticipating prices will rise.
3
Who believed in rugged individualism and did not involve the government in the Great Depression
Huey Long
FDR
Herbert Hoover
John Steinbeck
4
What was the Bonus Army?
Veterans who marched to Washington in 1932
The economic crisis and period of low business activity
Group of black leaders who unofficially advised Pres. FDR
The purchasing stock with a little money down
5
What does the FDIC do?
Insures deposit accounts
Makes coins
Sells treasury bonds
Gives loans
6
What is the FDIC?
A government agency created to build public works
A gov. agency created to provide jobs
A government agency created to regulate trade
Gov. agency insures the money people deposit in banks
7
TVA Tennessee Valley Authority
Built power lines to give people electricity.
Caused many people to vacate Tennessee and move out west.
Built dams along rivers to prevent flooding
Was the cause of a major drought in the United States.
8
Black Thursday
Proposed the law that created the Rural Electrification Administration.
due to stock prices falling and declining levels of business activity.
October 24, 1929, the first day of the stock market crash
October 29, 1929, Stock Market Crashed.
9
Which of the Following correctly describes the Securities and Exchange Commission?
A federal agency that maintains fair and efficient markets
An Interest group that lobbies for regulations in economics
A governmental agency hat regulates federal spending
A private commission that exchanges money
10
Social Security does all of the following EXCEPT
aid to homeless Americans not looking for work
unemployment insurance for laid off workers
aid for dependent children, blind and disabled
old age pensions for Americans 65 years older
11
Severe soil erosion in 1930s that destroyed crops and caused people to move
Bill of Rights
Trail of Tears
Irrigation
Dust Bowl
12
What did the Fair Labor Standards Act do?
Helped women find jobs
Banned child labor
Set a national minium wage
Made men work longer days
13
Fireside chats
Theodore Roosevelt talks on television
Established a system for the buying and selling of shares
Herbert Hoover's idea to fix the depression
Informal talks given by FDR over the radio
14
Creation of the Federal Deposit Insurance Commission (FDIC)
Theodore Roosevelt
Lyndon B Johnson
Harry Truman
Franklin D. Roosevelt
15
What did the fair labor standards act do?
Control child labor
Create part time jobs
Create Minimum wage
Create payment for overtime work
16
Buying on margin means
with little money
with borrowed money
buying a small amount of something
with the money you earned
17
What made stock speculation dangerous?
Companies kept all their money to themselves
Companies focused on selling shares instead of self-investment
Who cares about economics?
It relied on continous market growth to turn a profit
18
This program had young unmarried men doing outdoor jobs in the environment.
Civilian Conservation Corps
Tennessee Valley Authority.
Works Progress Admin.
National Youth Admin.
19
A shantytown where homeless people built shacks out of things like scrap wood, cardboard, and tar paper.
Herbertville
Presidentville
Hooverville
Atlanta
20
When was the Dust Bowl
2000’s
1880’s
1940’s
1930’s
21
Buying on Margin is?
Buying stocks with credit.
Buying goods during the depression.
Buying stocks with Monopoly money.
Buying stocks.