The Federal Reserve made the Depression worse by

lessening the money supply and raising interest rates

The Stock Market Crash affected many Americans because

the crash led to many bank failures

ordered the army to get the Bonus Army out of Washington

Which of the following is/are true about the U.S. economy in 1929?

consumers were buying fewer goods because of inflation

shanty towns named to blame Hoover for the Depression

The Hawley-Smoot Tariff

resulted in a decrease in world trade

Buying on margin means

buying stock with only 10% down

was a term for the migrants that left the Dust Bowl

loaned money to banks, railroads and other large companies

During WWI Herbert Hoover had served as

head of the Food Administration

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Ch. 14 (Causes of the Depression) quiz

20 termsStudBud Administration705 plays

A short quiz over the causes of the Depression, the Dust Bowl and Hoover's response.

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Questions 20

Answers

1
Which of the folowing states was/were part of the Dust Bowl?
California
all of the above
Kansas
New York
2
The Federal Reserve made the Depression worse by
increasing teh money supply and lowering interest rates
helping banks stay open
lessening the money supply and raising interest rates
loaning money directly to needy consumers
3
The Stock Market Crash affected many Americans because
all of the above
almost all Americans invested in the Stock Market
the crash led to many bank failures
the crash caused a drop in unemployment rates
4
By 1933, the nation's unemployment rate was
5%
50%
25%
2%
5
In 1932 Hoover
started a vacuum cleaner buisness
granted teh Bonus Army their early bonus
ordered the army to get the Bonus Army out of Washington
won a second term as president
6
Which of the following is/are true about the U.S. economy in 1929?
all of the above
consumers were buying fewer goods because of inflation
Many industries like railroads saw record high profits
new housing starts were way up
7
Which of the following things did Hoover try to solve the problems of the Great Depression?
the RFC
all of the above
public works projects
community chests
8
What animal invaded the Great Plains during the Dust Bowl and had to be killed?
deer
wild turkeys
jack rabbits
rattle snakes
9
Hoovervilles were
deserted towns in the Dust Bowl
shanty towns named to blame Hoover for the Depression
emergency housing developments built by the government
towns given federal money for construction projects
10
The Hawley-Smoot Tariff
lowered tariffs to an all-time low
helped end the Deporession
resulted in an increase in world trade
resulted in a decrease in world trade
11
President Hoover's fiscal policy involved
a hands-off approach to the economy
all of the above
raising income taxes
balancing the federal budget
12
President Hoover was
born wealthy
a Republican
elected president in 1930
a democrat
13
Who was elected president in 1932
Herbert Hoover
Theodore Roosevelt
Franklin Roosevelt
Calvin Coolidge
14
Which of the following is/are true about Black Tuesday?
on that day bankers were able to stop the crash
it occurred April 14, 1935
it occurred Oct. 29, 1929
the Dow Jones Industrial Average reached a record high
15
Buying on margin means
buying stock with only 10% down
manipulating the price of stock through insider trading
buying stock at a high price and selling it at a low price
buying stock without using a stock broker
16
People believed they could tell where a dust storm started by
the speed of the wind
the color of the dust
the direction of the wind
the temperature of the air
17
Okie
was a term for the migrants that left the Dust Bowl
was a term for the shanty towns that the poor built
was a term for dust storms that began in Oklahoma
was a term for a banker in charge of farm foreclosures
18
Which of the following increased during the 1920s?
the gap between the rich and poor in the U.S.
all of the above
farm foreclosures
the use of credit to make purchases
19
The RFC
gave unemployed people jobs building public facilities
all of teh above
gave direct cash relief to hungy and homeless people
loaned money to banks, railroads and other large companies
20
During WWI Herbert Hoover had served as
Secretary of Commerce
a general in the U.S. Army
Vice President
head of the Food Administration

Ch. 14 (Causes of the Depression) quiz Flashcards | StudBud