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Great Depression
Great Depression
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StudBud Administration
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949 plays
The era of the economic slowdown in our country from 1929-to WWII.
Flashcards
35 cards
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Practice quiz
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Questions
35
Answers
1
The economy must take care of itself without government intervention was what principle belief?
22nd Amendment
Liberal
Lassiez Faire (Conservative)
Alphabet Soup of Agencies
2
True or False? A recession is worse than a depression.
True
False
3
Could a Depression ever happen again?
I HOPE NOT!
Nope never again
4
What event ended the Great Depression?
The Dust Bowl
The Stock Market Crash
WWII
The New Deal
5
Which act reduced (wanted to) farming to eliminate a surplus and equalize crop prices?
Security and Exchange Comission
HOLC
FDIC
Agriculture Adjustment Act
6
What era was ended with the passing of the 21st Amendment in 1933?
Enlightenment
Absolutism
Consumer Culture
Prohibition
7
This large program employed millions of citizens for large public works projects.
Securities and Exchange Commission
Social Security Act
Agricultural Adjustment Act
Work Progress Administration
8
Which decade connects itself MOSTLY with the Great Depression?
1940s
2000s
1930s
1920s
9
Why did farmers leave the Dust Bowl states during the 1930s?
Because they were unable to farm the land anymore
Because the New Deal gave everyone a job in the factories
To try farming in the North
To join the bonus Army in Washington D.C.
10
What does buying on margin mean?
Getting a loan for money you currently don't have
Taking everything you have in savings and gambling it
Buying butter
Spending money for only necessary items
11
_____ are government or private social services intended to aid disadvantaged groups of people.
Conservative
Liberal
Radical
Social Welfare
12
Americans fed up with the economy led to a 1932 victory for ____.
Harding
Roosevelt
Taft
Hoover
13
Which of the following was a result of the Civilian Conservation Corps?
Labor unions were guaranteed the right to organize
Money placed in the banks would be insured up to $2,500.00
More trees were planted in the 30's than any decade before
Artists produced art for public buildings
14
Who made up the Bonus Army that marched on Washington?
farmers forced off their land by dust storms
WWI veterans and their families who wanted their pentions paid early
unemployed industrial workers and their families
business and labor leaders who agreed to work togethe
15
What year was the Stock Market Crash?
1932
1934
1929
1926
16
The Dust Bowl was caused by all the following
except
...
droughts
high winds
overproduction of crops
crop rotation
17
What was President Roosevelt's plan for getting the United States out of the Great Depression?
FDR's Deal
The Relief, Recovery and Reform Act
The Alphabet Agencies
The New Deal
18
What New Deal program insured lower mortgage interest rates to allow more home buys?
Works Progress Administration
FDIC
SEC
HOLC
19
What happens if you stop paying the mortgage on your home?
Budget Surplus
Black Tuesday
Relief
Foreclosure
20
One way that Americans escaped their concerns during the 1930s was to _____.
live in the country
invest and follow the stock market
go to theaters and watch movies (picture shows)
avoid watching news on television
21
The purpose of Social Security Act was to
Give jobs to young men under the age of 18
Provide monthly income for the elderly and disabled
Set the lowest amount of money that workers could be paid
Built dams on the Tennessee River
22
Which president was blamed for causing the Great Depression?
President Bush
President Roosevelt
President Coolidge
President Hoover
23
Act passed by Congress in 1930 that raised tariffs (taxes) on imported goods from European countries.
18th Amendment
Hawley-Smoot Tariff Act
19th Amendment
Agriculture Adjustment Act
24
What was a New Deal legacy?
lowered the voting age to 18
restored the demand for jobs, and made the gov. much larger
started World War II
caused the Dust Bowl
25
The term "Hundred Days" refers to ...
The first hundred days of the Great Depression.
The first hundred days of FDR's Presidency.
The hundred days that followed the Stock Market Crash.
The hundred days that followed Black Tuesday.
26
What is happening in the above picture?
The start of WWII
CCC working outdoors
Lobbyists lobbying to change a law
Unemployed Americans waiting in a breadline
27
Which description below best represents underconsumption?
when people over spend on needless things
Buying everything I need on credit
October 29th, 1929
when people are not buying much as the economy is producing
28
This agency regulated the Stock Market and restricted margin buying and insider trading.
Federal Deposit Insurance Corp
Agricultural Adjustment Act
Securities and Exchange Commission
Civilian Conservation Corps
29
To make the Supreme Court receptive to New Deal Programs FDR ____.
didn't interact with the Supreme Court.
tried to disolve the Supreme Court all together
tried to add more justices, "Court Packing Scheme"
became a Supreme Court Jusitce
30
Which New Deal program restored confidence in the banking system and prevented bank panics?
FDIC
AAA
SEC
CCC
31
The ____ put young men to work in soil conservation, flood control and forest projects.
CCC
SEC
FDIC
HOLC
32
Today in 2020, the overall unemployment rate is a little over ____.
25%
45%
3%
10%
33
During the Great Depression, the overall unemployment rate was about____.
75%
25%
10%
90%
34
What were the criticisms of the New Deal?
Reform the government and decrease spending
Gave too much power to the government
Create schools and protected farmers
Increase spending on defense and trading
35
If I have a lot of stock in the Stock Market, which do i prefer, a Bull Market or a Bear Market?
Bear Market
Bull Market
