shanty towns named to blame Hoover for the Depression

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

consumers were buying fewer goods because of inflation

Buying on margin means

buying stock with only 10% down

The Hawley-Smoot Tariff

resulted in a decrease in world trade

During WWI Herbert Hoover had served as

head of the Food Administration

loaned money to banks, railroads and other large companies

was a term for the migrants that left the Dust Bowl

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

The Federal Reserve made the Depression worse by

lessening the money supply and raising interest rates

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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 following is/are true about Black Tuesday?
the Dow Jones Industrial Average reached a record high
it occurred Oct. 29, 1929
on that day bankers were able to stop the crash
it occurred April 14, 1935
2
Hoovervilles were
towns given federal money for construction projects
shanty towns named to blame Hoover for the Depression
emergency housing developments built by the government
deserted towns in the Dust Bowl
3
Who was elected president in 1932
Herbert Hoover
Calvin Coolidge
Theodore Roosevelt
Franklin Roosevelt
4
People believed they could tell where a dust storm started by
the speed of the wind
the color of the dust
the temperature of the air
the direction of the wind
5
Which of the following is/are true about the U.S. economy in 1929?
Many industries like railroads saw record high profits
consumers were buying fewer goods because of inflation
new housing starts were way up
all of the above
6
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
7
President Hoover's fiscal policy involved
a hands-off approach to the economy
all of the above
raising income taxes
balancing the federal budget
8
Which of the folowing states was/were part of the Dust Bowl?
Kansas
California
New York
all of the above
9
The Hawley-Smoot Tariff
resulted in a decrease in world trade
lowered tariffs to an all-time low
resulted in an increase in world trade
helped end the Deporession
10
Which of the following things did Hoover try to solve the problems of the Great Depression?
all of the above
the RFC
public works projects
community chests
11
During WWI Herbert Hoover had served as
head of the Food Administration
Vice President
Secretary of Commerce
a general in the U.S. Army
12
The RFC
gave direct cash relief to hungy and homeless people
gave unemployed people jobs building public facilities
loaned money to banks, railroads and other large companies
all of teh above
13
Okie
was a term for dust storms that began in Oklahoma
was a term for a banker in charge of farm foreclosures
was a term for the migrants that left the Dust Bowl
was a term for the shanty towns that the poor built
14
The Stock Market Crash affected many Americans because
almost all Americans invested in the Stock Market
all of the above
the crash led to many bank failures
the crash caused a drop in unemployment rates
15
By 1933, the nation's unemployment rate was
2%
50%
5%
25%
16
In 1932 Hoover
won a second term as president
granted teh Bonus Army their early bonus
started a vacuum cleaner buisness
ordered the army to get the Bonus Army out of Washington
17
President Hoover was
elected president in 1930
a democrat
a Republican
born wealthy
18
The Federal Reserve made the Depression worse by
increasing teh money supply and lowering interest rates
lessening the money supply and raising interest rates
loaning money directly to needy consumers
helping banks stay open
19
Which of the following increased during the 1920s?
all of the above
the gap between the rich and poor in the U.S.
the use of credit to make purchases
farm foreclosures
20
What animal invaded the Great Plains during the Dust Bowl and had to be killed?
rattle snakes
jack rabbits
deer
wild turkeys

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