Great Depression Review

Question 1

Who invested in stocks, betting that the price would continue to increase?

Accepted Answer

Speculators

Question 2

A money system in which an ounce of gold can be traded for a set number of dollars is called:

Accepted Answer

gold standard

Question 3

Which New Deal program prevented discrimination against African Americans?

Accepted Answer

Public Works Administration

Question 4

To pay for New Deal programs, FDR used

Accepted Answer

deficit spending

Question 5

Money given directly to help impoverished families is called:

Accepted Answer

relief

Question 6

Most experts agree that a key cause of the Great Depression was

Accepted Answer

overproduction

Question 7

FDR's direct radio addresses to the country were called:

Accepted Answer

fireside chats

Question 8

In search of jobs and a better life, many homeless people

Accepted Answer

rode the rails

Question 9

Thousand of WWI veterans came to Washington, DC in 1932 to lobby Congress to

Accepted Answer

pass legislation giving veterans their bonus early

Question 10

FDR's policies for ending the Great Depression were called:

Accepted Answer

the New Deal

Question 11

What were the communities of homeless people living outside cities called?

Accepted Answer

Hoovervilles

Question 12

The Home Owners Loan Corporation helped employed people pay their

Accepted Answer

mortgage

Question 13

The stock market crash weakened the countries banking system because banks had

Accepted Answer

invested deposits in the stock market

Question 14

By taking on the role of mediation, the New Deal established the government as a

Accepted Answer

broker state

Question 15

What did charities set up to help feed the poor?

Accepted Answer

soup kitchens

Question 16

Farmers on the Great Plains began losing their crops during the Depression due to

Accepted Answer

a terrible drought

Question 17

To pay for public works, the government had to raise taxes or

Accepted Answer

borrow money

Question 18

The first thing Roosevelt focused on the help get out of the Depression was restoring

Accepted Answer

confidence in banks

Question 19

Stock Prices first began to decline in late 1929 because:

Accepted Answer

investors began to sell their stock

Question 20

During the Great Depression, when a bank collapsed, the government

Accepted Answer

nothing, depositors lost their savings

Question 21

During the Depression, bank holidays were declared to

Accepted Answer

prevent bank runs

Question 22

Child labor was abolished by the

Accepted Answer

Fair Labor Standards Act

Question 23

The Agricultural Adjustment Act tried to help farmers by

Accepted Answer

paying them to not grow crops

Question 24

President Hoover opposed direct federal relief to the unemployed because he believed that

Accepted Answer

state and local governments should provide relief

Question 25

In the 1920s, the Federal Reserve contributed to weaknesses in the stock market by

Accepted Answer

keeping interest rates low

Great Depression Review

Questions 25

Great Depression Review

Questions 25