How did President Hoover initially respond to the stock market crash?

by being optimistic/downplaying severity of the situation

farmers from Oklahoma who lost their land and headed west

What are "public works"?

government-funded building projects

What is one reason people destroyed crops in the 1930s?

To limit the supply and increase demands of crops

What was the purpose of the National Credit Corporation?

to increase the amount of currency in circulation

What was a breadline?

a long line of poor people waiting for free food

What led to a bull stock market in 1928?

economic prosperity and optimism

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American History Chapter 9

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#GreatDepression

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Questions 15

Answers

1
How did President Hoover initially respond to the stock market crash?
by immediately addressing Congress for relief for the needy
by extending loans to farmers & families about to lose homes
by shutting down stock market & setting out a recovery plan
by being optimistic/downplaying severity of the situation
2
Raised tariffs significantly
National Credit Corporation
Hawley-Smoot Tariff
Excise Expenditure (1934)
Stock market crash
3
Which of the following was a root cause of the Great Depression?
uneven distribution of income
woman suffrage
prohibiting the sale of alcohol
the end of federal control of banks
4
Who was president when the Great Depression began?
Franklin D. Roosevelt
Alfred E. Smith
Calvin Coolidge
Herbert Hoover
5
What were "Okies"?
sports teams who put on free games for the poor
farmers from Oklahoma who lost their land and headed west
bankers who lost everything in the market crash/homeless
people who visited homeless camps and gave away free food
6
An example of public works
White house
Consumerism
Roads
Bread line
7
What are "public works"?
acts of charity by private organizations
government-funded building projects
loans to banks to prop them up during the crisis
programs to get companies to start hiring
8
Young men and boys who rode railways from one place to another in search of a better life
hoboes
wanderers
migrants
bailiffs
9
What principle did Hoover originally cling to as the solution to nation's economic troubles?
government intervention
modified socialism
rugged individualism
social security
10
What is one reason people destroyed crops in the 1930s?
To counteract high tariffs
Because it has rotted as a result of the Dust Bowl
To limit the supply and increase demands of crops
To protest the Bonus Army
11
What was the purpose of the National Credit Corporation?
to lend money to companies to stimulate hiring
to extend credit to people in order to secure them homes
to begin borrowing money to spend in a deficit
to increase the amount of currency in circulation
12
In which month did the stock market crash and usher in the Great Depression?
October
November
September
December
13
What was a breadline?
term for eviction of a person who defaulted on mortgage
a line of credit extended to out-of-work families
a long line of poor people waiting for free food
line of people rushing to get into a bank to get their money
14
What led to a bull stock market in 1928?
Calvin Coolidge's decision not to run for reelection
economic prosperity and optimism
Herbert Hoover's election
the final repayment of Europe's war debt
15
When too many people attempt to withdraw money from a bank in fear that it will collapse
investment ladder
bank run
withdrawal panic
margin call

American History Chapter 9 Flashcards | StudBud