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Chapter 22 The Great Depression Flashcards | StudBud
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Chapter 22 The Great Depression
Chapter 22 The Great Depression
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Chapter 22 The Great Depression Begins
Flashcards
41 cards
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Questions
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Answers
1
All of the following were important causes of the Great Depression
except
tariffs on foreign imports were lowered.
Individuals & businesses had debts because of easy credit.
the stock market crashed.
Federal government did not insure people's bank accounts.
2
Black Tuesday was?
The busiest shopping day of the year
The day the stock market crashed
President Hoover forced the Bonus Army to disband.
The day after black Monday
3
The stock market crash of 1929 was fueled by price supports, and unwise investments.
Neither True or False
Both True and False
True
False
4
This term specifically refers to the stock market crash of October 29, 1929.
Black Tuesday
Black Friday
Cyber Monday
Blue Sunday
5
Causes of the farming crisis of the 1920s included the fact that
federal price-supports of corn and wheat were not effective.
most people did not own electric refrigerators.
the Dust Bowl took much land out of production.
demand for crops fell after World War I.
6
The Patman Bill provided emergency financing to various types of small businesses.
True
False
Neither True or False
Both True and False
7
During the Great Depression, the overall unemployment rate was about?
100 percent.
75 percent.
25 percent.
10 percent.
8
Which of the following increased in the 1920s?
farmers' debts
domestic demand for U.S. farm products
foreign demand for U.S. farm products
prices for farm products
9
The main purpose of the Reconstruction Finance Corporation was to give emergency help to?
Banks
Life Insurance Companies
All of the Above
Railroads
10
Who made up the Bonus Army that marched on Washington?
farmers forced off their land by dust storms
World War I veterans and their families
business and labor leaders who agreed to work together
unemployed industrial workers and their families
11
American industries first began to show signs of economic trouble after 1929.
False
True
Both True and False
Neither True or False
12
Which of the following describes a government system for giving payments or food to the poor?
rugged individualism
price support
Bonus Army
direct relief
13
An example of the psychological stress caused by the Great Depression was the rise in?
people who committed suicide.
women who worked outside the home.
children who were malnourished.
men who stood in bread lines.
14
Which candidates ran for president in 1932?
Calvin Coolidge and Franklin D. Roosevelt
Calvin Coolidge and Herbert Hoover
Herbert Hoover and Franklin D. Roosevelt
Herbert Hoover and Alfred E. Smith
15
What does buying a stock on margin mean?
purchasing the stock outside the regular stock exchange
buying the stock for someone else
borrowing money to help pay for the stock
paying less than the market price of the stock
16
During the Depression, many children suffered from?
all of these answers
decrease in health care
a slash of child welfare programs
diet-related diseases
17
Hoover's ordered the forced removal of 2, 000 members of the?
National Guard
French Foreign Legion
Bonus Army
Civil War Veterans
18
Which was
NOT
a cause of the Great Depression?
the availability of easy credit
a growing number of homeless people
tariffs on foreign goods
a crisis in the farm sector
19
Which was
NOT
a cause of the Dust Bowl?
overproduction of crops
thick layers of prairie grasses
high winds
drought
20
Which of the following was
NOT
an effect of the Great Depression?
Many families became homeless.
Many children had a poor diet.
Many people started farming
Many men became unemployed.
21
One long-range effect of the Great Depression was that many people?
developed habits of saving and thriftiness.
grew to like President Hoover.
became risk takers in the stock market.
came to believe in small government.
22
This Republican won the presidential election of 1928.
Calvin Coolidge
Herbert Hoover
Franklin D. Roosevelt
Alfred E. Smith
23
In calling shantytowns "Hoovervilles, " people conveyed their
trust in Hoover.
patriotism.
grudging respect for Hoover.
disgust with Hoover.
24
President Herbert Hoover supported direct relief.
False
True
Both True and False
Neither True or False
25
The aim of the Federal Home Loan Bank Act was to
encourage new construction.
prevent farmers and homeowners from losing their property.
make it easier for banks to foreclose on farms and homes.
increase the value of homes and farms.
26
After the stock market crash, how did President Hoover try to help the economy?
by lowering foreign tariffs
by closing banks
by funding handouts of food and clothing
by asking businesses not to lay off employees
27
This is the period from 1924 to 1940 which the economy plummeted and unemployment skyrocketed
Roaring 20's
Great Recession
Great Deprerssion
The Harlem Renaissance
28
This reduced the flow of goods into the US & prevented other countries from earning American $
Chinese tire tariffs
United States steel tariff
Hawley-Smoot Tariff Act
Wilson–Gorman Tariff Act
29
Buying stocks on the chance of a quick profit without considering risks is known as
speculation.
living on credit.
buying on margin.
profit-taking.
30
An unintended effect of the Hawley-Smoot Tariff Act was
a decrease in U.S. exports.
protected farmers and manufacturers from foreign competition
an increase in employment
increased stock prices
31
The aim of the Federal Home Loan Bank Act was to
encourage new construction.
increase the value of homes and farms.
prevent farmers and homeowners from losing their property.
make it easier for banks to foreclose on farms and homes.
32
During the Depression, charitable organizations tried to help the urban poor by?
offering jobs
opening soup kitchens.
distributing food stamps
providing welfare
33
This Democrat lost the presidential election of 1928.
Herbert Hoover
Alfred E. Smith
Franklin D. Roosevelt
Calvin Coolidge
34
This term is the name of the most widely used measure of the stock market's health.
Deutsche Börse
Dow Jones Industrial Average
Tōshō
NASDAQ
35
The farmers and sharecroppers who left the Dust Bowl to find work in the west were known as?
Hoboes
Wanderes
Okies
Nomads
36
This American landmark built in the 1930's?
Hoover Dam
Mount Rushmore
Grand Canyon
Statue of Liberty
37
Buy now & pay later for purchases, often on an installment plan that includes interest charges
Recall
Buying on margin
Debit
Credit
38
Herbert Hoover's approach to the Depression economy was based on a belief in?
the golden rule.
separation of church and state.
voluntary cooperation.
direct government relief.
39
What name was given to the men and boys who rode the rails as they searched for work?
speculators
Bonus Marchers
hoboes
Okies
40
Within a few years, the Hawley-Smoot Tariff Act led to?
Hoover's reelection as president.
more demand for American manufactured goods.
a dramatic drop in world trade.
an unequal distribution of income in the United States.
41
One indicator of a weak economy in the 1920s was a decline in housing starts.
Neither True or False
True
Both True and False
False
