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Test #3- Great Depression & New Deal Flashcards | StudBud
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Test #3- Great Depression & New Deal
Test #3- Great Depression & New Deal
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1
What was the unemployment rate at the height of the Great Depression?
32%
14%
10%
25%
2
What was the name of the drought in the Mid West that made many farmers move in search of jobs?
Great Drought
Dust Bowl
Hoover Drought
Dust Storm
3
What were the shanty towns called that housed the homeless of the Great Depression?
Shantyvilles
skid row
Hoovervilles
Herbertvilles
4
What is the FDIC?
protects individual bank deposits
only applies to big business
a failed attempt to restore the banking system in the US
protects the stock market
5
This program provides payments to people who cannot support themselves
Social Security
National Recovery Act
Food stamps
Children's Fund
6
Who was Roosevelt's critic that created the Share Our Wealth Program?
Jerry Lewis
Herbert Hoover
Huey Long
Woodrow Wilson
7
What are the defining characteristics of the Great Depression?
decline in trade, bank failures, over speculation
only bank failures
flappers
only the Stock Market crashed
8
How did the New Deal change the size of the government?
reduced the power of government
it enlarged the size of government
gave FDR too much power like Hitler and Stalin
it decreased the federal government's responsibility
9
Increased incentives to produce, by rebuilding purchasing power
Recovery
Belief
Reform
Relief
10
How is the New Deal similar to the policies of the Progressive Era?
more restrictions on trade and travel
Laissez Faire economics
Government regulation of business
both communist governments
11
Hoover believed that people should rely on themselves which he called
laissez-faire
"No Fear"
resourcefulness
"rugged individualism"
12
What did Hoover think of the Great Depression?
he would start the New Deal
people needed to "work harder"
he would start construction projects
He thought things would take care of themselves
13
Migrant farmers escaping the Dust Bowl fled to this state...
Michigan
Oklahoma
Texas
California
14
What can you do to be ready for Thursday's test?
Look at class notes, handouts & textbook
Study
all of the above
Complete study guide and study it
15
This put millions to work building things like airports, roads, and public buildings.
National Youth Administration
Works Progress Administration
New Deal
Wagner Act
16
One long-range effect of the Great Depression was that many people?
came to believe in limited government
developed habits of saving and thriftiness
became risk takers
continued to buy goods on credit
17
Who was elected president in 1932?
Herbert Hoover
Huey Long
Franklin D. Roosevelt
Theodore Roosevelt
18
A measure that that gives the people hope in the American government again (FDIC)
Belief
Reform
Recovery
Relief
19
New Deal Legislation that hired single men to plant trees and establish national parks
CCC
WPA
NIRA
AAA
20
Which was NOT an effect of the Great Depression?
many families became homeless
people started farming
many men became unemployed
children had poor diets
21
What was one result of the Tennessee Valley Authority?
generation of affordable electricity for rural areas
improvement in communication
restoration of the environment
construction of nuclear power plants
22
What did the Federal Housing Administration do?
assisted people with bank loans for homes
helped people sell their homes
gave direct relief to farmers
cleaned up neighborhoods
23
What is the economic situation where people do not have money to purchase items?
buying on margin
speculation
underconsumption
over production
24
What were two causes of debt?
Gambling and speculation
Buying with credit and installment buying
installment buying and speculation
car loans and student loans
25
This was the most widely used barometer of the stock market's health.
S&P 500
Nasdaq
Dow Jones Industrial Average
J.P. Morgan & Chase
26
Economic measures passed to help with reform during the Great Depression.
Tennessee Valley Authority
New Deal
CCC
Fireside Chats
27
What was the first major action that FDR took as president?
Started his Fireside Chats
He proposed to reorganize the Supreme Court
He closed all of the nation’s banks and ordered inspections
He established the Civil Works Administration
28
This legislation/law expanded the Great Depression worldwide
Second New Deal
Hawley-Smoot Tariff Act
Emergency Bank Act
National Recovery Act
29
What DID not happen to the people after the Great Crash?
Many earned more money that day
Lost all their savings
Many committed suicide
Lost homes
30
How much money was lost in a week initiating the stock market crash?
$30 billion
$30 million
$2 billion
$40 billion
31
One of the major causes of the stock market crash of 1929 was
low prices of stocks and bonds
excessive buying of stocks on margin
overconsumption of goods and services
failure of international banking systems
32
New Deal policy that created jobs and hydroelectricity in underdeveloped areas.
Works Progress Act
Hoover Dam
Tennessee Valley Authority
CCC
33
Hoover differed from Roosevelt in his response to the Great Depression because Hoover believed?
it was the role of the govt to provide direct relief
the government needed to completely take over the economy
the economy was not in bad shape
it was not the role of the govt to provide direct relief
34
What was the nickname of the day the Stock Market Crashed? October 29, 1929
Black Friday
Black Sunday
Black Monday
Black Tuesday
35
Which of the following was NOT a main cause of the Great Depression?
stock market crash
bank failures
over production of goods
Dust Bowl
36
Which Second New Deal policy states that government could not intervene in efforts to unionize?
New Deal
Wagner Act
Social Security Act
CCC
37
Who was the President when the Great Depression began?
Coolidge
FDR
Harding
Hoover
38
Which was most directly responsible for creating jobs and putting people back to work?
National Labor Relations Act
Social Security
Works Progress Administration
Fair Labor Standards Act
39
This provided direct relief in the form of food and clothing to the neediest people...
Civilian Conservation Corps
Emergency Banking Relief Act
Federal Emergency Relief Administration
Agricultural Adjustment Act
40
What is it called to engaged in risky stock transactions?
credit
buying on margin
over production
speculation
41
This program tried to help farmers
Social Security Act
Tennessee Valley Authority
Agricultural Adjustment Act
National Recovery Act
42
Spending more money than the government receives is known as this.
deficit spending
inflation
price supports
subsidies
43
Which is a long term effect of the Great Depression?
Long-term gov’t programs
increased presidential power
all true
government regulation of business
44
What is the condition in which the production of goods exceeds the demand for them?
underconsumption
dust bowl
overproduction
assembly line
45
What was the New Deal Policy that helped bring prices in agriculture back up?
NIRA
AAA
Wagner Act
CCC
46
How does the U.S. government respond to the Great Depression?
took a principal role in protecting economic stability
The government created only a few programs to help Americans
Hoover did not respond to the Great Depression
decreased the size of the federal government
47
What event would eventually end the Great Depression?
WWI
Second New Deal
Rise of Hitler
WWII
48
Paying a small amount of a stock price and borrowing the rest.
buying on margin
stock insurance
credit
speculation
49
What was one effect of the Wagner Act?
Support shifted from the Democratic to the Republican Party
The number of factory workers declined
Employers could not interfere with efforts to unionize
Laborers were prohibited from striking
50
During the Great Depression, high ____ discouraged international trade.
exports
tariffs
imports
unemployment
51
Short term actions to tide people over
Regulation
Relief
Reform
Recovery
52
What is Bankruptcy?
bank failure
when you can't pay the bank any money
when you lose all your money from the bank
when you can't pay for your stocks
53
Which of the following is NOT one of FDR's new deal Programs.
Social Security Act
Tennessee Valley Authority
Federal Bureau of Investigation
Works Progress Administration
54
Relief, Recovery, and Reform were the goals of which President to help people during the GD
Roosevelt
Coolidge
Hoover
Harding
55
Which of these was the primary cause of the Dust Bowl?
a decrease in the demand of agricultural goods
the Great Depression
low dairy prices in the Midwest
the overworking of land in the Great Plains
56
These were places where many would go during the depression to receive free food.
soup kitchens
cafe
diner
churches
57
What was the name of WWI vets that marched on DC to demand payment of their war bonuses?
Wounded Warriors Army
Bonus Army
Civilian Conservation Corps
Veteran Army