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GREAT DEPRESSION (EOC REVIEW) Flashcards | StudBud
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GREAT DEPRESSION (EOC REVIEW)
GREAT DEPRESSION (EOC REVIEW)
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1
During New Deal, how did gov't attempt to improve conditions for farmers?
by supporting formation of farm worker unions
by paying farmers for their crops
by raising tariffs on farm imports
by ending practice of sharecropping
2
FDR is elected Pres. (1932)...he promised American people a "?" to put them back to work
Fireside Chats
New Deal
Brain Trust
Ton of $$
3
Jobs at a minimum, Pres. Hoover authorized the ? sending Mex. Am. back to Mexico during Gr. Dep
Mexican Repatriation Act
New Deal
Jobs for Whites Only Act
Racial Equality Act
4
One difference between FDR & Hoover was that FDR was ---
unwilling to allow gov't agencies to establish jobs programs
more wiling to use gov't intervention to solve econ problems
able to ignore economic issues for most of his 1st term
unable to win congressional support for his econ. programs
5
this insured bank deposits so people would not lose their savings in event of a bank failure
SEC
FDIC
TVA
WPA
6
Roosevelt eliminated the gold standard & wanted people to depend on "____ money" (paper money)
Counterfeit Money
Silver Money
Fiat Money
Money Supply
7
Under this act, Gov't bought farm surplus & stored in warehouses until prices rose
National Recovery Administration
Works Progress Administration
Agricultural Adjustment Act
Public Works Administration
8
this created federal jobs by building public schools, roads, courts , post offices, & bridges
TVA
Public Works Administration
Agricultural Adjustment Acts
National Recovery Administration
9
Built 21 Government-owned dams along TN River, controlling floods & producing hydroelectricity
Tennessee Valley Authority (TVA)
Works Progress Administration
Securities & Exchange Commission
Social Security Act
10
many people bought stocks hoping to"get rich quick"...drove stock prices higher..this is called
Overproduction
Margin Buying
Great Depression
Over Speculation
11
Giving citizens 65 years or older $200/month to spend
Wagner Act
National Industrial Recovery Act
Social Security Act
TVA
12
In 1920's, stocks could be purchased for a 10% down-payment called.......
Speculation
Great Depression
Margin
Overproduction
13
People who lost their $$ in stock market could not repay their loans or rents leading to ?
More Jobs Created
Bank Failures
Overproduction
Margin Buying
14
October 29, 1929 stock prices kept falling and hit an all time low!! This day is called?
Black Thursday
Black Wednesday
Black Tuesday
Back in Black
15
On the plains, a spell of dry weather (1930's) forced many farmers to move to California....
Dust Bowl
Iron Bowl
Super Bowl
Hoovervilles
16
What is primary function of the
Federal Reserve System?
provide stable supply of $$ & credit
insure savings account deposits in member banks
prevent abuses in stock market tradiing
preserve competition in business
17
Which of these was a cause of the Great Depression?
tariff barriers reduced international trade
ALL of THESE ARE CORRECT!!
Manufacturers producing more than people could buy
people speculating in stock market
18
To stabilize banking system & restore consumer confidence in banking system, FDR declared a ?
Piggy Bank
Bank Holiday
Bank Run
Banking Crisis
19
This cartoonist is commenting on President FDR's efforts to.....
win Congressional approval for his court-packing scheme
keep member of Congress off Supreme Court
gain Supreme Court support for his legislative program
set up a retirement plan for court justices
20
What problem were the CCC & Works Progress Administration developed to address?
increased use of credit
excessive stock market speculation
high unemployment
limited income of senior citizens
21
Shanty towns of homeless & unemployed were called this...b/c blamed Pres. for their stuggles
Hoovervilles
Happy Towns
President-villes
FDIC's
22
Manufacturers were producing more goods than they could sell.. this is called?
Speculation
Margin Buying
Stock Market Crash
Overproduction