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US History Chapter 18: The great Depression Flashcards | StudBud
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US History Chapter 18: The great Depression
US History Chapter 18: The great Depression
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1
Definition of margin call?
Buying stock by borrowing some of the money.
To put money into a company to gain future financial reward.
A long period of rising stock prices.
Demand by a broker that investors pay back loans.
2
In 1929 the top 5% of all American households earned 30% of the nation’s income, which is
a recession.
an uneven distribution of wealth.
a bull market.
supply-side economics.
3
Hoovervilles were?
Places where president Hoover lived.
Make shift towns built and occupied by homeless people.
A house that president Hoover built.
Government housing during the depression.
4
What did the Hawley-Smoot tariff do?
Raised average tariff rate to highest in history.
Decreased the tariff rate to the lowest in history.
Lowered the tariff rate on goods imported only from China.
Increased the tariff rate on goods imported from England.
5
Daytime radio dramas such as Guiding Light were often sponsored by...
advertising companies
Hollywood movie studios
makers of laundry soaps
automobile manufactures
6
Buying on a margin meant...
Withdrawing all money from a bank
Taking a loan to buy stocks
Using credit to buy household goods
Buying stocks whose value had changed wildly
7
The Dust Bowl occurred because plowed land was left uncultivated and there was a terrible
increase of wild grasses
drought
winter
insect infestation
8
What was black Tuesday
It was a day when everything was on sale
The stock market cashed
It was a protest by the black people
9
During the Great Depression, when a bank collapsed,
The government ran the bank
The government covered bank's debts
Depositors lost their savings
The government repaid deposits
10
Who controlled most of the soup kitchens?
The Government
Charities
Poor people
Rich people
11
What is Direct Relief?
Provided jobs instead of handouts to the public
Non-profit organization used to help farmers from bankruptcy
A legislation resulting to the creation of medicare
Non-profit organization used to help citizens with poverty
12
What are hobos?
Women who rejected Victorian morals
People traveling to California during the Dust Bowl
Homeless people
Unemployed people of the Great Depression
13
what were Okies?
Women in the 1930s who became so desperate they did anything
Oklahoma drug dealers.
Oklahoma farmers.
Oklahoma farmers moved to California for more opportunities.
14
Why did Al Smith have such a hard election
he was racist
he was against prohibition
he was catholic
his platform seemed communist
15
Who was Grant Wood ?
An artist
An arist
A doctor
An inventor
16
In the 1920s, the Federal Reserve contributed to weaknesses in the stock market by
speculating on market interest rates.
lending to foreign companies.
lending to speculators.
keeping interest rates low.
17
What caused the Dust Bowl
Plants
Animal
Weather , Farming , Economy
People
18
Who was John Steinbeck
I wrote about strength of poor migrant workers in the 30s
I wrote about rich people in the 30s
filler*
I was a pianist in the 20s
19
Stock prices first began to decline in late 1929 because
several companies went bankrupt.
investors began to sell their stock.
company earnings declined.
stockbrokers stopped margin loans.
20
What was the Bonus Army
It was a special
A Army to help out with wars
A protest in DC what wär world 1 veterans
21
Definition of installment?
A sudden loss of force, value, or effect.
A specified amount of money.
Regular periodic payment of debt.
Demand by a broker that an investor pay back loans.
22
Hoover believed that only state and city governments should dole out...
soup kitchens
loans
relief
work programs
23
Hoover did not want the government to create many new jobs because it would mean increased
government spending.
government regulation.
government unemployment.
government taxes.
24
6 Last name of the man in 1928 who was nominated by Republicans to be president.
Harding
Coolidge
Hoover
25
Definition of speculation?
Buying stocks at great risk anticipating prices will rise.
Persistent demands by a bank's depositors to withdraw money.
A specified amount of money.
A system for buying and selling stocks in corporations.
26
The Reconstruction Finance Corporation was
instituted by Roosevelt to help farmers and the poor
instituted by Hoover to help big businesses and banks
instituted by Hoover to help farmers and the poor
instituted by Roosevelt to help big businesses and banks
27
Define Bank Run
People who run to banks
Regular periodic payment
Someone who robs bank
Demands by a banks customers to withdraw money
28
bull market
a store that sells bulls
A period of falling stock prices
Running into a problem
a period of increasing stock price
