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NAte History 1
NAte History 1
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1
What is a globalized economy?
An economy where wealth is distributed across the globe close to equally
It is an economy where superpowers set up colonies and dominate Earth
An economic system that benefits everyone
It's when goods are shipped from all over the world, and everyone is linked
2
Cause of Stock Market Crash:
Consumer trend of 1920s that later led to an economic disaster.
underproduction
savings accounts
safe investments
buying on credit and with borrowed money
3
Why was the Great Depression so hard on agriculture in Texas?
the introduction of rationing
the New Deal programs
a severe drought
a bust in the cotton industry
4
Which treaty agreed to keep the Treaty of Versailles boarders?
Kellogg-Briand Pact
Geneva convention
Locarno Pact
Young Plan
5
What level of government regulates the stock market?
Local
Federal
State
6
What caused the agricultural great depression
FDR
No reasources
Crops dying
Dept, overproduction
7
What was the cause of Stock Market Crash in 1929?
Everyone sold their stocks at once.
Values did not equal what companies were worth.
The President was stealing money.
A new war had started.
8
Which of the following resulted from the banking reforms indicated by the Great Depression?
Second Bank of the United States
National Bank Act
Federal Reserve Act
Glass-Steagall Act
9
Socialist Party Views
Private businesses of all types will be replaced by state ownership
Based on the belief that capitalism will fail
Loose government control
Free health and education for all
10
What Congressional Act officially ended American neutrality before WWII?
Cash-and-Carry
Nye Act
Lend-Lease
The attack on Pearl Harbor
11
How many Children in the 1920s had decaying teeth?
4 out of 10
9 out of 10
10 out of 10
5 out of 10
12
Agriculture thrived during The Great Depression
False
True
13
over production and consumption lead to Great Depression by
leading to more spending than saving
forcing a decrease in mechanization
scaring farmers into growing fewer crops
causing falling prices on goods
14
What government policy during the 20s led to the rapid increase of the stock market?
Social Darwinism
Progressivism
Laissez-faire
Socialism
15
What is capitalism?
businesses are controlled privately for profit
no government or authority
everybody is equal is the government
government controls everything
16
The Stock Market crash caused fear leading to
individuals from all classes to stop purchasing items.
a boom in investment to make money
a decrease in marriages to poor people
an increase in bank robberies
17
STOCK MARKET: 1 reason the Stock Market crashed was because of Laissez Faire Government Policies
False
True
18
Federal Reserve Bank
A financial instution that recieves deposits and makes loans.
An institution in kahoots with the IRS.
An account that allows for withdrawls and deposits.
Conducts monetary policy and supervision and regulation of institutions.
19
Cause of Stock Market Crash:
Name of condition when production exceeds demand for the product?
Overproduction
Assembly Line
Dust Bowl
Underconsumption
20
What fear caused the drop in the stock market?
Inflation
Too many people owned stock
Bees
The market was too high
21
What was the cause of Stock Market Crash in 1929?
People quit their jobs to riot against the new laws.
The President was stealing money.
A new war had started.
Everyone pulled out their stocks, and Overproduction.
22
Holding companies
A parent corporation that controls another corporations board of directors
A small group owns multiple companies and stops competition between them
Own all of an industry (or a huge portion).
23
Margins are loans for investors to purchase stocks
False
True
24
Who was President when the Great Depression began?
Franklin D. Roosevelt
Calvin Coolidge
Herbert Hoover
Millard Fillmore
25
One of the causes of the Great Depression was the lack of international trade?
True
False
26
Why was there SPECULATION in 1929?
Panicked investors to unload their shares
Stock prices peaked and then fell
Bought stocks and bonds
Government did little to discourage or regulate the market
27
Britain eventually recognized American neutrality thus averting war.
False
True
28
Treaty of Versailles
Ended WWII
Punished France
Rewarded Italy
Caused WWII
29
American neutrality in the WWI meant that the United States would not trade with either side.
True
False
30
Over speculation caused?
Dust Bowl
Bank Failures
Stock Market Crash
31
Agricultural Underproduction caused the Great Depression
False
True
32
Cause of Stock Market Crash:
What is it called when people engage in risky stock transactions?
underconsumption
underspeculation
overproduction
overspeculation
33
what is a cause of stock market crash of 1929
there was over speculation of monetary returns on investments
investments were made through buying credit
lack of money
there were a large number of small investors
34
What is globalized economy?
United States economy
International economy
Pennsylvania economy
Altoona economy
35
What caused the rise of totalitarian states?
economic collapse
democracy
Russian Revolution
Treaty of Versailles
36
Uneven Distribution of wealth:
Malnutrition
Malrepresentation
Maldistribution
Maldistortion
37
What happened in 1929 as a result of stock speculation?
Investors lost expected profits & faced economic devastation
Increased consumer spending led to greater production.
Investors became wealthy & helped to stimulate the economy.
38
Over-production of what led to the Great Depression?
consumer goods
farm and consumer goods
39
In response to Axis aggression in the 1930's western democracies followed a policy of --
appeasement
containment
aggression
genocide
40
This includes the destruction of public utilities or similar critical infrastructure vital to public health or safety
National Defense Area
Vital Statistics
Critical Assets
National Critical Infrastructure
41
Which is NOT a cause of Stock Market crash of 1929?
Stock Market was not regulated by the govt.
Stock brokers were stealing money from their clients.
Many people bought stocks on credit.
Companies lied about their profits.
42
Uneven Distribution of wealth:
Malnutrition
Maldistortion
Maldistribution
Malrepresentation
43
Treaty of Versailles
It ended WW2
It ended WW1
44
Which of the following was NOT a cause of the Great Depression?
The New Deal tried to start too many new programs
People bought stocks on credit or borrowed money
Banks had to close because they did not have enough money
Many businesses had a surplus of goods that couldn't be sold
45
Holding companies were used to help create
Business monopolies
Labor equality
Native reservations
Fair trade
46
To buy stock on margins means that the buyer..
Buys stock at a low price and sells it at a profit
Buys stock high and sells it at a loss
Borrows part of the purchase price of the stock
Agrees to split any potential gain with the stockbroker
47
What did not contributed to the Great Depression?
Overproduction
Unemployment
Hoovervilles
Stock Market Crash
48
Uneven distribution of wealth
Capitalism
Socialism
49
The stock Market is driven by _______ and Fear
money
greed
surprise
brokers
50
How did stockbrokers make money off of margins?
Commission of sale + interest
Stole their taxes
Ripping the buyers off
The sale of the margin
51
Which value does
capitalism
promote?
Checking punctuation thoroughly
Social responsibility
Personal responsibility
Free market economics
52
Over-speculation is...
Using credit to pay for it later
Making a profit on the stock market using your own money
Using debit cards on stocks to make a profit
Guessing on stocks using borrowed money then not repaying
53
unequal distribution of wealth
market economy/capitalism
socialism/communism
54
What is Capitalism?
The name of a government
Farms and businesses should be owned by the workers
A name of a political party
An economic system based on private ownership and businesses
55
The Great Depression occurred in the 1930's
only in America
only in mid-America
worldwide
only in the great plains
56
The name of FDR's plans and policies to get America out of the Great Depression?
The Great Society
The Square Deal
The Fair Deal
The New Deal
57
Which president was blamed for causing the Great Depression
President Coolidge
President Bush
President Hoover
President Roosevelt
58
Public utilities
organization that supplies service or product to all people
Makes food
Supplies people
Helps a buisness
59
Results of globalized economy
Higher population growth
More available housing
lower economic differences
Higher economic differences
60
Over Speculation
buying socks
buying books
buying stocks for more than what their worth
61
Federal Reserve Bank
Where you should go to deposit or pull out money
12 banks housed for the Federal Reserve
Make coins for the US and other countries
The banks that design money every 7 years
62
What general government policy is seen as one of the causes of the stock market crash in 1929?
Inflation
Deregulation
Deduction
Consumerism
63
Which of the following events proved the failure of the appeasement policy?
Germany and the Soviet Union signed the Non-Aggression Pact.
Germany occupied the Sudetenland.
Germany invaded Poland in 1939.
Germany, Italy and Japan became the Axis Powers.
64
What was the main cause of The Great Depression?
World War I
The 1929 Stock Market Crash
The Election
President Hoover
65
Treaty of Versailles
Reparations
World peace
Genocide prevention
Mandatory conscription
66
Which weakness contributed to the Great Depression?
Businesses were unable to find enough skilled workers
Speculation by the richest people in the country
High taxation
Easy access to credit
67
Over-production of _____________ led to the Great Depression.
automobiles
appliances
crops
crops and consumer goods
68
All of these happened during the Great Depression except
prosperity
Dust Bowl
unemployment
Stock Market crash
69
Public Transportation, public housing, and public utilities are all examples of...?
municipalities
tax resources
privileges
recreation
70
Uneven distribution of wealth
Causes of social inequality
Consequences of social inequality
71
What is a socialist viewpoint?
Believing that we should care for the vulnerable in society.
Believing that people should have equal opportunities.
72
The Treaty of Versailles
Put the entire war burden on Germany
Shared the burden of the war between all combatants
Shared the burden of the war between all the Central Powers
Shared the burden of the war between all the Allied Powers
73
Federal Reserve Bank
The central bank of the United States
Adam Smith
The central bank of Columbia
Bank?
74
Why is buying stock on margins dangerous?
if the stock falls the person has no money to pay back
if people cant pay the bank, the bank has no money
people assume the stock will go up in price and buy too much
all of above
75
What function of government includes stock market regulations?
Redistribution of Wealth
Maintaining the Economy
Preventing Externalities
Using the Power of Veto
76
Occurred in 1929 due to over speculation
Harlem Renaissance
WWI
Stock Market Crash
Dust Bowl
77
What is Capitalism?
When you need to put a capital letter for proper nouns
There is no Government
Trade and industry are privately owned, not by State
The Government has full control over the citizens
78
In a globalized economy many companies will move factories or businesses to-
Industrial capitals of their home nation
Provide better climate for employees
Countries with low labor costs to save money
Highly skilled labor countries
79
What two empires were broken up after the signing of the Treaty of Versailles?
United States and France
Japan and Ottoman Empire
None of these
Austria-Hungary and the Ottoman Empire
80
How was Germany punished after the signing of the Treaty of Versailles?
Were forced to admit they were solely responsible for war.
They had to pay back $33 billion to the Allies.
All of these
They lost land.
81
Uneven Distribution of Wealth meant...
Farmers made more money
The masses shared equally
The rich got richer while the poor earned less
The rich began to lose their money to the poor
82
What are public utilities?
Restaurants, parks & lighting etc
Hospitals, Public transport& education etc
Private roads, hospitals & schools etc
83
Unequal Distribution of Wealth
all the above
Richer get Richer and Poorer get Poorer
The Richer get Poorer
The Poor get Richer
84
Year the Treaty of Versailles was signed
1917
1920
1919
1918
85
Glass Steagall Act
created the SEC
Created the FDIC
had FDR close all the banks
outlawed labor unions
86
What is generally a Socialist view?
Government should be VERY involved in regulating the economy
Government should be involved in deciding society's morals
Healthcare should be privatized
The economy is best under free-market economics
87
The _______ of the stock market left investors fearful.
integrate
reveal
enable
decline
88
Federal Reserve Bank
Organization that didn't raise interest rates in the 1920s
legal process where your mortgage company obtains ownership of your home
The federal government supplied funds for the direct relief of the citizens
plowing and cultivation of the Great Plains
89
government policy an example of market failure
False
True
90
How did over production and over consumption impact the great depression?
it had a positive impact since everyone had all the goods
my uncle cooked so much broccoli florida entered an eternal
it disrupted the equilibrium of supply and demand
it allowed companies to recycle goods that weren't used
91
The Great Depression led to
greater adherence to the philosophy of dual federalism
a variety of innovative programs to combat terrorism
a growth in national government activity
a provision allowing the election of Roosevelt for 4 terms
92
The Stock Market Crash caused panic and fear
True
False
93
The Great Depression exposed a major weakness in the Canadian economy. What was the weakness?
Canada’s heavy dependence on importing manufactured goods
Canada’s heavy dependence on exporting manufactured goods
Canada’s heavy dependence on the export of primary resources
Canada’s heavy dependence on the import of primary resources
94
The Treaty of Versailles -
Punished France and Britain
maintained German economic superiority
punished Germany economically and militarily
was a balanced, fair peace treaty
95
The stock market crash of 1929 was fueled by speculation. What is speculation?
risky & unwise investments that people hoped would make them rich overnight
government supported prices on agricultural goods
restructuring labor standards for a minimum wage
borrowing money to pay for a stock
96
Holding companies…
enabled the use of monopolies despite legislation opposing them
controlled political machines
did not exist
