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Great Depression Flashcards | StudBud
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Great Depression
Great Depression
10 terms
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StudBud Administration
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Flashcards
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Questions
10
Answers
1
What was a sign that our economy was weakening in the 1920's?
The rich were getting richer
Under production of consumer goods
Many rural banks were failing
African Americans were losing jobs
2
Hawley-Smoot Tariff was...
the highest import tax in history
the lowest export tax in history
the lowest import tax in history
the highest export tax in history
3
Day of the Stock Market crash
Black Tuesday
Black Friday
Black Wednesday
Black Thursday
4
Who do we blame for the Great Depression
Herbert Hoover
WWI
Father Coughlin
FDR
5
When Hoover first took office the Stock Market was...
It wasn't changing
Crashing
Doing Average
Booming
6
During the Great Depression discrimination...
Stayed the Same
Increased
Decreased
7
Allowed investors buy stock for fraction of price to attract less-wealthy
Buying on margin
Buying for half
Buying on credit
Buying on percentage
8
Hoover believed the best strategy for ending the Depression was...
Setting up federal relief programs
Encouraging massive gov't spending
Lowering import duties
Encouraging voluntary controls in the business sector
9
Where did the Dust Bowl occur?
Great Plains
Out West
Northeast
Midwest
10
Dow Jones Industrial Average = an average price of stock in major industries.
False
True