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Great Depression Chapter Review Flashcards | StudBud
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Great Depression Chapter Review
Great Depression Chapter Review
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#greatdepression #hallinghistory #greatdepressionexam
Flashcards
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Answers
1
Who wrote the Grapes of Wrath
John Steinbeck
James Steinboch
John Stinebeck
John Steenbeck
2
Major event that led to the Depression
Share crash
Speculation
Holding Companies
Stock market crash
3
What is an example I gave you for farmers cooperatives?
Simply
Florida's Natural
Minute Maid
Tropicana
4
Who was the “Bonus Army”?
Factory workers looking to get a raise
WWI veterans demanding to be paid for their service
Politicians banning American workers from get raises
5
New way of buying products that started prior to the Depression
Buying on margin
Installment
Layaway
Pay as You Go
6
There was a combination of things that caused the Depression
True
False
7
When the Stock Market began to drop sharply in late October 1929,
investors raced to get their money out of the stock market.
President Hoover warned Americans to stop investing.
bankers pardoned personal loans and mortgages.
investors bought record shares of stock.
8
President Hoover aggressively tried to stop the uneven distribution of wealth in the US
True
False
9
What became of the Dust Bowl farmers who were forced to leave and move out West?
They became tenant farmers; renting land.
they became sharecroppers
They were called Arkies
Migrant farmers; living in cars/tents, looking for work
10
Makeshift communities made out of whatever materials were available
Roosevilles
Camps
Hoovervilles
Hobovilles
11
Hoovervilles were suburban homes built during the Depression
False
True
12
The rise in homelessness mainly resulted from
laid-off workers losing their homes.
increased immigration.
high interest rates.
13
What is the Associative State?
When gov't gives $2 billion to struggling banks
When gov't raises tariffs on imported goods
When gov't & private business work together to build public works
When farmers join together in cooperatives
14
The Hoover Dam is a successful example of the:
Associative State
Volunteer Cooperatives
Smoot-Hawley Tariff Act
Reconstruction Finance Corp
15
One sign that the economy might be weakening in the 1920s was
the collapse of large corporations.
underproduction of consumer goods.
uneven distribution of national wealth.
an increase in personal savings
16
Which of the following was a sign of an unsound economy during the 1920s?
More goods were being produced than consumers could buy.
Wages were keeping pace with production.
The Dow Jones Industrial Average was steady.
Personal debt was decreasing.
17
Throughout most of the 1920s, Americans were generally
worried that the stock market would crash.
concerned with economic danger signs.
confident that business would bring continued prosperity.
delighted that wealth was evenly distributed.
18
Original problem with farming at the onset of the Great Depression
Low Production
Low Consumption
Overproduction
Overconsumption
19
A major environmental crisis of the 1930s was known as
the Dust Bowl.
the Grapes of Wrath.
the Great Crash.
Black Tuesday.
20
Guessing what the price of stock is going to rise to so you buy with intent of selling for more
Speculation
Stock Assessment
Assumption
21
What is it called when you buy stock with a loan?
Foreclosure
Mortgage
Buying on margin
Installment buying
22
How much money did the Reconstruction Finance Corporation (RFC) authorize?
30 dollars.
30,000 dollars
2 million dollars
2 billion dollars
23
Term used for people who traveled the country on trains looking for work in the Depression:
Hoboes
Train Hopping
Ne'er Do Wells
Bums
24
Which of the following best describes the plight of factory workers in during the 1920s?
Rapid increases in immigration
No wages increase; gap in wealth continued to grow
Wages increased dramatically
struggled to find jobs as they were replaced by machines
25
What was the date the stock market crashed? "Black Tuesday"
October 24, 1928
October 29, 1929
Ocotber 24, 1939
October 29, 1939
26
What was one effect of the wage cuts and unemployment of the 1930s?
Banks pardoned thousands of farm mortgages.
The divorce rate nearly tripled.
Hoovervilles sprang up in the nation’s cities.
Most industries gave top jobs to married women.
27
The non-regulation of businesses is:
Lasse' Faire
Laissez Faire
Laissez Fare
Losee Ferros
28
What is the most perfect example of the Associative State?
United States Postal Service
Hoover Dam
Golden Gate Bridge
Lincoln Memorial
29
At the end of the 1920s why did prices for goods continue to decrease?
Government tariffs kept prices low compared to foreign goods
Companies stopped using the assembly line, prices rose
Overproduction: there were more goods than people could buy.
30
What was The Grapes of Wrath
A period piece about a family's struggle to find work
Book about struggles to find work in the Great Depression
Book about farmers from Dust Bowl migrating to California
A book about sour wine
31
What was Black Tuesday
The day the government collapsed
Day the stock market crashed
3 days before Thursday
Record number of shares traded preceding the Depression
32
How did Hoover address the public after the economic crash?
Pretend nothing is happening and go about with their lives
With panic and riot through the streets
Said producers & consumers would fix the economy;don't worry
33
Which group faced hard times during much of the 1920s?
small investors
farmers
owners of large corporations
urban bankers
34
Using installment buying for purchases was popular before the Great Depression
False
True
35
What was the final
major
event that greatly hurt Hoover’s chances of being reelected?
Hoover turning federal troops against the Bonus Army
Hoover signing the Federal Loan Bank Act
Hoover authorizing the construction of the Hoover Dam
36
Black Tuesday was the day the stock market crashed
False
True
37
What was the Dust Bowl?
Collection of dirt samples
Study of dust storms in the midwest
Part of a program to help put farmers back to work
South-west and mid-west that suffered drought and storms
38
Which statement best describes the American economy in the 1920s?
Small businesses dominated American industry.
Wages decreased and the economy appeared weak.
Stock prices rose and the economy appeared healthy.
39
New invention/product everyone wanted in the 1920s; news, info, & entertainment was broadcast.
Word of Mouth
Newspaper
Television
Radio
40
What had Hoover urged farmers to join even before the Great Depression hit to help?
RFC
Voluntary Cooperatives
Smmoth-Hawley-Bueller Act
Associative State
41
What was rugged individualism?
Giving up and becoming a hobo
Succeeding through one's own efforts
Having enough money to provide for your family
42
Why was the Smoot-Hawley Tariff Act a disaster?
all of the above
international trade decreased and further hurt the economy
European countries retaliated with higher tariffs
prices went up on goods
