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Depression Begins part 2 Flashcards | StudBud
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Depression Begins part 2
Depression Begins part 2
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StudBud Administration
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Chapter 9
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Stock brokers issued this to try to protect loans by demanding investors repay the loan at once
all call
market call
margin call
cattle call
2
Which of the following was a major cause of the Great Depression?
Underproduction
Interest Rates
Government Corruption
Low Tariffs
3
The Federal Reserve Board urged Hoover to put more money into circulation to help the economy
True
False
4
Which of the following describes a long period of rising stock prices?
Bull Market
Bear Market
Horse Market
All answers are correct
5
Gave $1.5 billion to public works & $300 million in emergency loans to states for direct relief
National Credit Corporation
Emergency Relief and Construction Act
All answers are correct
Reconstruction Finance Commission
6
What percentage of banks had gone out of business in the U.S. by 1932?
45
75
25
35
7
What term describes the act of buying stocks at great risk anticipating that prices will rise?
prediction
speculation
anticipation
prognostication
8
What entity could have lessened the severity of the Great Depression by responding adequately?
Federal Reserve Board
Interior Dept.
Treasury Dept.
State Dept.
9
How did President Hoover attempt to respond to the Great Depression?
Conferences with business leaders and govt. officials
All answers are correct
Trying to create jobs and rescue banks
Downplaying the public's fears
10
What economic philosophy did the man at the beginning of the game believe in?
Communism
Socialism
Direct Relief
Individualism