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The Great Depression Flashcards | StudBud
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The Great Depression
The Great Depression
23 terms
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StudBud Administration
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58 plays
Review Game of Great Depression
Flashcards
23 cards
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Practice quiz
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Questions
23
Answers
1
Within a few years, the Hawley-Smoot Tariff Act led to
more demand for American manufactured goods.
Hoover’s reelection as president.
an unequal distribution of income in the United States.
a dramatic drop in world trade.
2
An unintended effect of the Hawley-Smoot Tariff Act was a substantial decrease in U.S. exports.
True
False
3
American industries first began to show signs of economic trouble after 1929
False
True
4
What does buying a stock on margin mean?
borrowing money to help pay for the stock
paying less than the market price of the stock
purchasing the stock outside the regular stock exchange
buying the stock for someone else
5
Black Tuesday was the day that President Hoover forced the Bonus Army to disband.
True
False
6
The purpose of the Reconstruction Finance Corporation was to give emergency help to farmers.
False
True
7
Farmers & sharecroppers who left the Dust Bowl to find work in the west were known as hoboes
True
False
8
After the stock market crash, how did President Hoover try to help the economy?
by asking businesses not to lay off employees
by closing banks
by funding handouts of food and clothing
9
An example of the psychological stress caused by the Depression was the rise in the number of
women who worked outside the home.
people who committed suicide.
children who were malnourished.
men who stood in bread lines
10
Buying stocks on the chance of a quick profit without considering risks is known as
speculation.
living on credit.
profit-taking.
buying on margin.
11
Which of the following was
NOT
an effect of the Great Depression?
Many families became homeless.
Many people started farming.
Many children had a poor diet
Many men became unemployed.
12
During the Depression, charitable organizations helped the urban poor by opening soup kitchens.
True
False
13
Which of the following describes a government system for giving payments or food to the poor?
rugged individualism
Bonus Army
price support
direct relief
14
In calling shantytowns “Hoovervilles,” people conveyed their
trust in Hoover.
...
...
disgust with Hoover.
15
The stock market crash of 1929 was fueled by price supports & unwise investments.
True
False
16
During the Depression, many children suffered from diet related diseases.
True
False
17
What name was given to the men and boys who rode the rails as they searched for work?
hoboes
speculators
Okies
Bonus Marchers
18
Which of the following increased in the 1920's?
farmers' debts
domestic demand for US farm products
foreign demand for US farm products
prices for farm products
19
Which was NOT a cause of the Great Depression?
growing number of homeless people
tariffs on foreign goods
availability of easy credit
crisis in the farm sector
20
Herbert Hoover’s approach to the Depression economy was based on a belief in
the golden rule.
direct government relief.
voluntary cooperation.
separation of church and state.
21
Who made up the Bonus Army that marched on Washington?
farmers forced off their land by dust storms
World War I veterans and their families
business and labor leaders who agreed to work together
unemployed industrial workers and their families
22
One long-range effect of the Great Depression was that many people
grew to like President Hoover.
came to believe in small government.
became risk takers in the stock market.
developed habits of saving and thriftiness.
23
One indicator of a weak economy in the 1920's was a decline in housing starts
False
True
