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Great Depression Brinkmeyer Flashcards | StudBud
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Great Depression Brinkmeyer
Great Depression Brinkmeyer
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1
Causes of Great Depression
income inequality
shaky banking practices
all of the above
overproduction
2
What is the purpose of the FDIC?
Protects the bank buildings
Protects home values
Protects money put in banks
Protects money given to workers
3
Law of Supply & Demand
When supplies becomes scarcer, prices rise
when supplies become plentiful, prices tend to drop.
Neither
Both
4
The name of FDR's plans and policies to get America out of the Great Depression?
The New Deal
The Fair Deal
The Square Deal
The Great Society
5
Dorthea Lange
photojournalist of the 1930's
Wrote Gone With the Wind
Wrote The Grapes of Wrath
Produced a play about the Depression-era worker
6
Fireside Chats were
when Eleanor Roosevelt would go to the Hoovervilles
talks that Okies and hoboes had around their campfires
President Hoover's speeches to the people
President roosevelt's weekly radio speeches
7
Breadlines/Soup Kitchens were
speakeasies in the 1920's
Places for those to find food
8
What caused the Dust Bowl?
A drought along with too much farming
The people did not farm the land enough
Not enough people lived in that area
Too much rain caused flooding
9
In what ways did the New Deal help Americans?
It provided jobs, food, and shelter for those in need
It helped people pay taxes
It protected people from discrimination
It improved education for all citizens
10
What happened on "Black Tuesday"?
The worst stock-market crash in US history occurred
A huge fire destroyed most of the city
A huge Civil War battle was fought in Manhattan
11
Speculation (stock market) is when you try to make a quick profit
True
False
12
Public work projects were
Government funded projects to employ people
Community outreach programs that taught lift skills
Art projects done by unemployed school teachers
None of the above
13
The Hoover Dam was originally called
Colorado Dam.
Roosevelt Dam.
Boulder Dam.
Beaver Dam.
14
"Buying on margin" refers to...
buying expensive consumer items on credit
borrowing money to pay for stocks
offering commission-based jobs
using relief money to repay debts
15
The "banking holiday" meant that
the day the SEC was formed
All banks had to close temporarily to prevent further panics
Every banker got a free vacation
Everyone got a day off from work
16
Who was President when the Great Depression began?
Calvin Coolidge
Herbert Hoover
Millard Fillmore
Franklin D. Roosevelt
17
What did the Bonus Army want?
jobs working for the U.S. military
loans to help pay off their mortgages
Early payment of money owed from WWI
to avoid WWII
18
Social Security Act
A program to give retirement pensions and aid to blind and disabled people
A program to build cheap housing for homeless Americans
A job program to pout Americans back to work
a program to feed unemployed Americans
19
I was known as "The New Deal President" in the 1930's.
Franklin D. Roosevelt
Herbert Hoover
Harry S. Truman
Dwight D. Eisenhower
20
Which of the following best describes First Lady Eleanor Roosevelt?
she followed traditional, more passive, role of First Lady
she made sure to decorate White House for every holiday
she served as a US Senator
she took an active role as First Lady
21
Agricultural Adjustment Act
brought electricity to the country for a good price
hired unemployed men to work on public service projects
offered benefits to the old or unemployed
paid farmers not to grow certain crops to raise the prices
22
Which of the following was NOT a cause of the Great Depression?
People bought stocks on credit or borrowed money
Many businesses had a surplus of goods that couldn't be sold
The New Deal tried to start too many new programs
Banks had to close because they did not have enough money
