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The Great Depression Flashcards | StudBud
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The Great Depression
The Great Depression
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1
Most of the economic growth in the 1920's...
was due to sharecropping
forced working class Americans into debt to make purchases
benefitted the wealthy
closed the gap between the rich and poor
2
Black Tuesday was...
A day in 1929 when the US Stock Market experienced a major collapse
the equivalent to modern day Black Friday
The one and only day Taco Bell ran out of tacos
The beginning of World War 2
3
Laissez Faire is a French term that refers to...
the fact that being lazy is only fair
the government being in total control of the economy
a hands-off approach to economic policy
last year's fair being the best
4
Why was it easier for women to find work than it was for men during the Great Depression?
Men had to work in groups
Women are better at everything
Women did work men could not
Women could be paid lower wages
5
The Primary purpose of Roosevelt's Second New Deal was to...
solve the bank crisis
ensure long-term financial security
Insure cute newborn babies
put people to work right away
6
Conservatives opposed the New Deal because they thought it undermined American self-sufficiency.
False
True
7
The film "Mutiny on the Bounty" is...
an example of escapism in American culture
one of the best Hollywood films ever
the sequel to the movie "Titanic"
an example of socialism in American culture
8
The Indian Reorganization Act led to tribes governing themselves.
False
True
9
The decade of the 1930's is known for...
increasing support for socialism
African Americans returning to the south
rising immigration from Asia
women leaving the American workforce
10
An INDIRECT consequence of the economic problems caused by the Depression was...
a flourishing of culture within the Dust Bowl
alcohol became illegal
increased support for immigration from Mexico
increased discrimination against African Americans
11
Hoovervilles were...
Shanty towns built quickly, where many unemployed citizens lived.
Areas where President Hoover took vacations.
Factories where vacuums are produced.
Where Dr. Seuss characters lived.
12
The Federal Reserve is in charge of the money supply in the U.S.
True
False
13
How did the practice of buying stocks on margin contribute to the Great Depression?
It made people make risky investments they could not afford
it filled the market with cheap products that earned lower profits
merchants in other countries reduced foreign trade
it made the government impose strict regulations on bankers
14
ONE MAJOR cause of the Great Depression was...
way too many different tariffs on the American working class
American self-sufficiency
overall American debt
declining unemployment rates
15
What made Franklin D. Roosevelt most popular as president?
He ended segregation in many parts of the country.
He used a variety of communication strategies to reassure the public.
He created policies that put most unemployed Americans back to work.
He taught Social Studies at the Middle School level.
16
Long & Townsend said that the New Deal should assist ordinary Americans regularly.
True
False
17
What helped struggling Americans find jobs and shelter during these tough times?
The North American Free Trade Agreement
The J. Oliver Foundation
The Great Recession
Hundred Days programs like FERA and the Civil Works Authority.
18
During the 1920s, rising prices in the U.S. stock market made investors...
want more government regulation
borrow money to buy new shares
save for retirement
become traders
19
The Stock Market crash that jump started the Great Depression occurred on...
November 21, 1921
September 11, 1930
March 30, 1927
October 29, 1929
20
President Hoover's answer to the demands of the Bonus Army can be described as...
firm & unmoved
dazed & confused
emotional & violent
happy & sad
