Why did the bonus army march on Washington D.C?

Hoover vetoed a bill providing for early payment of dues.

Which of these factors contributed to the plight (Tough times) of farmers?

falling prices for crops and livestock

Some opponents of the New Deal believed that it

threatened individual freedom and was a step towards socialism

This line comes directly from FDR's First Inauguration.

"The Only thing we have to Fear is Fear Itself"

Why did so many banks collapse at the beginning of the Great Depression?

Too many depositors tried to withdraw their money at once.

Why did many Americans decide that the country needed new leadership in 1932?

Preident Hoover's volunteerism and trickle-down economic policies failed.

Which of the factors below helped hide economic problems in the 1920s

Americans purchased many consumer goods on credit.

The Agricultural Adjustment Act helped farmers because it

sought to end overproduction and raise crop prices

Critics disapproved the TVA beacuse it

gave government direct control of business

Why did the Stock Market crash?

investors lost confidence in the marked and rushed to sell their shares

What were the goals of the New Deal?

provide Relief, Recovery and Reform

Farmers contributed to the problem that led to the Dust Bowl by

using intensive farming practices that removed protective grasses.

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Review: Great Depression / New Deal

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Questions 30

Answers

1
During most of the 1920s, the US Economy moved through which phase of the business cycle.
Bust (Total Decline)
Stability
Decline
Steady Expansion
2
At the onset of the depression urban (City) unemployment
decreased slightly
increased slightly
stayed about the same
increased dramatically
3
Why did the bonus army march on Washington D.C?
The FED refused to pay veterans their bonuses
Hoover vetoed a bill providing for early payment of dues.
General MacArthur attacked protestors demanding their bonuses.
Congress passed a bill promising veterans their bonuses early
4
Which of these factors contributed to the plight (Tough times) of farmers?
falling prices for crops and livestock
decreased debt burden
a long rainy season
increased demand for agricultural products.
5
Which term refers to making risky business transactions on the chance of making a quick profit.
speculation
pooling
buying on margin
painting the tape
6
Hoover urged Congress to institute the Reconstruction Finance Corporation because he though the economy sufferd from
A concentration of wealth in large businesses
over-employment
Too much government regulation
a lack of credit
7
One cause of the Depression made it more difficult for foreign countries to buy American goods, this cause refers to
uneven distribution of income
speculation
increase in protective tariffs
easy credit
8
Who was president when the Stock Market Crashed?
Lincoln
FDR
Wilson
Hoover
9
Some opponents of the New Deal believed that it
threatened individual freedom and was a step towards socialism
gave too much power to the people
harmed home owners
benefitted only foreign nations
10
This line comes directly from FDR's First Inauguration.
"There will be a chicken in everyone's pot"
"We will win, We will Conquer"
"Let them Eat Cake"
"The Only thing we have to Fear is Fear Itself"
11
What was the destination of most dust bowl migrants?
agricultural areas to the North
St. Louis
Cities to find work
Montana's Central Valley
12
What was FDRs plan to deal with the Depression called?
Decent Deal
New Deal
Square Deal
Fair Deal
13
Why did so many banks collapse at the beginning of the Great Depression?
Too many depositors tried to withdraw their money at once.
The stock market collapsed too slowly to collect on debts.
The Federal Reserve put too much money into circulation
Too many investors tried to open new accounts.
14
James Braddock's life mirrored the life of the country. What movie depicted this prize fighter's plight(tough times)?
Cinderella Man
The Thrilla in Manila
Ragin Bull
American Fighter
15
Why did many Americans decide that the country needed new leadership in 1932?
Prices for farm products were rising
Preident Hoover's volunteerism and trickle-down economic policies failed.
Congress had passed a bill to pay WWI veterans their bonuses early
Hoover denied responsibiltiy for the use of troops against protestors.
16
Which of the factors below helped hide economic problems in the 1920s
Americans purchased many consumer goods on credit.
Wages increased at the same time as worker productivity.
Investors lost confidence in the market.
Farmers sold crop surpluses to pay off debt.
17
What president believed in Voluntarism and Rugged Individualism as an answer to the Great Depression?
FDR
Hoover
Taft
Wilson
18
FDR created the Securities and Exchange Commission (SEC) to
give banks a chance to organize
pay farmers to destroy their livestock
regulate the stock market
insure bank deposits
19
The Agricultural Adjustment Act helped farmers because it
sought to end overproduction and raise crop prices
created jobs for over 2 million U .S. Citizens
attract industry with the promise of cheap power
regulate the stock market and made investments safer
20
Which group of Americans experienced and early depression in the 1920s?
Industrial Workers
Bank Owners
Farmers
Stock Market Investors
21
What was the day the stock market collapsed called?
Moody Monday
Freaky Friday
Black Tuesday
Tumultuous Thursday
22
Critics disapproved the TVA beacuse it
gave government direct control of business
paid farmers to kill off excess livestock
distributed money to people outside of the Tennessee Valley
built dams to control flood waters
23
What was buying on margin?
Trading valuable items for stocks
None of the Above
Buying Stocks with Cash
Buying stocks with Credit
24
Who was elected President in 1932?
Taft
Hoover
Franklin Delano Roosevelt
Wilson
25
What condition was the stock market in just a month before the crash?
Fair to midland!
At an all time low
same as in the beginning of the year
At an all time high
26
Why did the Stock Market crash?
the FED increased the money supply
Germany ceased reparation payments.
depositors lost their investments & tried to withdraw all of their savings
investors lost confidence in the marked and rushed to sell their shares
27
What were the goals of the New Deal?
create schools and protect farms
increase spending on defense and trade
provide Relief, Recovery and Reform
reform the government and reduce spending
28
What did FDR introduce to help retirees?
Social Security Act
Fair Labor Standards Act
Works Progress Administration
Agricultural Adjustment Act
29
Who was the First female appointed to a presidential cabinet? (FDRs secretary of labor)
Francis Perkins
Ida B. Wells
Susan B. Anthony
Florence Thompson
30
Farmers contributed to the problem that led to the Dust Bowl by
damming western rivers and using irrigation techniques
putting down layers of top soil
moving off the plains to find new farmland
using intensive farming practices that removed protective grasses.

Review: Great Depression / New Deal Flashcards | StudBud