How did critic Francis Townsend want to approach solving the Depression?

He wanted to give citizens over 65 pensions of $200 a month

What was FDR's goal in creating the SEC and FDIC?

Increase gov. tax revenue, Restore the public's faith in financial institutions

Which was a guiding principle of New Deal economic policies?

Gov must assume greater responsibility for helping Americans

Agency that requires companies that sell stock to file annual reports and financial statements

Securities and Exchange Commission

Gov agency that overlooks the stock market to prevent fraud:

Securities and Exchange Commissino

One long-term effect of the GD was that many people

Developed habits of saving and thriftiness

How did New Deal legislation affect the historical role of the government?

Fed gov. assumed a major role in reducing unemployment

Which of the following is an act signed by President Hoover?

Reconstruction Finance Corporation

How did popular attitudes towards the gov. shift during the Great Depression?

Americans came to expect gov. to solve economic problems

How does the FDIC continue to affect the lives of U.S. citizens today?

By guaranteeing deposits in banks up to $250,000

The New Deal changed American political thinking because it was based on principle that

The gov should attempt to solve economic and social problems

A comparison of the plans of Hoover and FDR for ending the GD would show that

FDR believed in direct relief; Hoover relied on charities

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Great Depression Part 2

20 termsStudBud Administration145 plays

A review of the Great Depression

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Questions 20

Answers

1
How did critic Francis Townsend want to approach solving the Depression?
He proposed government ownership of banks and utilities
He wanted to give citizens over 65 pensions of $200 a month
He wanted to decrease federal spending
He promised every American family $5000 a year.
2
What was FDR's goal in creating the SEC and FDIC?
Provide jobs for the unemployed
Increase gov. tax revenue
Restore the public's faith in financial institutions
Stimulate economic growth
3
Which was a guiding principle of New Deal economic policies?
Gov must assume greater responsibility for helping Americans
Rugged Individualism
Pro-business tax breaks would fix the economy
Antitrust legislation must continue
4
___ was not a reason why Americans were buying less in the late 1920s
uneven distribution of income
rising prices
the threat of war in Europe
overbuying on credit
5
During the GD the unemployment rate was at ______% for minorities
97
27
75
57
6
Agency that requires companies that sell stock to file annual reports and financial statements
Social Security Administration
Tennessee Valley Authority
Securities and Exchange Commission
Federal Deposit Insurance Corporation
7
Gov agency that overlooks the stock market to prevent fraud:
Federal Deposit Insurance Corporation
Social Security Administration
Securities and Exchange Commissino
Tennessee Valley Authority
8
One long-term effect of the GD was that many people
Came to believe in a strong central government
Hated Hoover intensely
Developed habits of saving and thriftiness
Became even bigger risk-takers in the stock market
9
_____ is an example of psychological distress commonly seen during the Great Depression
men, women and children in standing in bread lines
increase in suicide rates
malnutrition
women working outside the workplace
10
How did New Deal legislation affect the historical role of the government?
Fed gov. began funding public schools
Fed gov. ordered states to end racial segregation
Fed gov continued laissez-faire approach
Fed gov. assumed a major role in reducing unemployment
11
Which of the following is an act signed by President Hoover?
Reconstruction Finance Corporation
Social Security Act
Federal Deposit Insurance Corporation
National Recovery Administration
12
Which New Deal Agency constructed a series of dams that produced hydroelectricity?
Civilian Conservation Corps
National Labor Relations Board
Tennessee Valley Authority
The National Park Service
13
How did popular attitudes towards the gov. shift during the Great Depression?
people wanted the U.S. to turn towards Socialism
Gov. abandoned its role at regulating trade
Opinion turned against gov. because of increased taxes
Americans came to expect gov. to solve economic problems
14
How does the FDIC continue to affect the lives of U.S. citizens today?
By guaranteeing deposits in banks up to $250,000
By providing retirement pensions and unemployment insurance
By preventing corruption in the Stock Market
By preventing floods and generating electricity
15
Which of the following was a major goal of the New Deal?
increase crop production
Regulate the stock market
deregulate the banking system
decrease farm prices
16
During the Great Depression, there was a notable increase in federal responsibility for
supporting public education
maintaining full employment
keeping up the armed forces
regulating health and safety
17
What problem were both the CCC and WPA trying to fix?
Limited income of senior citizens
High unemployment
Excessive stock market speculation
Increased use of credit
18
The New Deal changed American political thinking because it was based on principle that
States should take leadership role in the government
political parties must work together to solve problems
The economy will fix itself if left alone
The gov should attempt to solve economic and social problems
19
A comparison of the plans of Hoover and FDR for ending the GD would show that
FDR believed in direct relief; Hoover relied on charities
both believed gov should provide direct payments to jobless
Hoover relied on emergency loans to banks; FDR did not
Hoover increased federal spending; FDR did not
20
The _Tariff was the largest in U.S. history. It is the main reasons for decline in world trade
Hawley-Smoot Tariff
Underwood Tariff
Hoover Tariff
Munn-Long Tariff

Great Depression Part 2 Flashcards | StudBud