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NAte History 1
NAte History 1
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1
The stock market crash of 1929 was fueled by speculation. What is speculation?
risky & unwise investments that people hoped would make them rich overnight
restructuring labor standards for a minimum wage
government supported prices on agricultural goods
borrowing money to pay for a stock
2
How did over production and over consumption impact the great depression?
it allowed companies to recycle goods that weren't used
it disrupted the equilibrium of supply and demand
my uncle cooked so much broccoli florida entered an eternal
it had a positive impact since everyone had all the goods
3
The Great Depression occurred in the 1930's
only in America
worldwide
only in mid-America
only in the great plains
4
Cause of Stock Market Crash:
Name of condition when production exceeds demand for the product?
Assembly Line
Underconsumption
Dust Bowl
Overproduction
5
what is a cause of stock market crash of 1929
investments were made through buying credit
there were a large number of small investors
there was over speculation of monetary returns on investments
lack of money
6
How was Germany punished after the signing of the Treaty of Versailles?
They lost land.
Were forced to admit they were solely responsible for war.
They had to pay back $33 billion to the Allies.
All of these
7
Agriculture thrived during The Great Depression
True
False
8
Year the Treaty of Versailles was signed
1918
1919
1917
1920
9
Public Transportation, public housing, and public utilities are all examples of...?
privileges
tax resources
municipalities
recreation
10
The Great Depression exposed a major weakness in the Canadian economy. What was the weakness?
Canada’s heavy dependence on the export of primary resources
Canada’s heavy dependence on importing manufactured goods
Canada’s heavy dependence on exporting manufactured goods
Canada’s heavy dependence on the import of primary resources
11
Glass Steagall Act
created the SEC
had FDR close all the banks
Created the FDIC
outlawed labor unions
12
Holding companies
A parent corporation that controls another corporations board of directors
Own all of an industry (or a huge portion).
A small group owns multiple companies and stops competition between them
13
Holding companies…
did not exist
enabled the use of monopolies despite legislation opposing them
controlled political machines
14
What function of government includes stock market regulations?
Maintaining the Economy
Using the Power of Veto
Redistribution of Wealth
Preventing Externalities
15
What was the main cause of The Great Depression?
President Hoover
The 1929 Stock Market Crash
The Election
World War I
16
How many Children in the 1920s had decaying teeth?
5 out of 10
9 out of 10
10 out of 10
4 out of 10
17
What happened in 1929 as a result of stock speculation?
Investors became wealthy & helped to stimulate the economy.
Increased consumer spending led to greater production.
Investors lost expected profits & faced economic devastation
18
How did stockbrokers make money off of margins?
The sale of the margin
Stole their taxes
Ripping the buyers off
Commission of sale + interest
19
What fear caused the drop in the stock market?
Inflation
Bees
Too many people owned stock
The market was too high
20
Socialist Party Views
Free health and education for all
Loose government control
Based on the belief that capitalism will fail
Private businesses of all types will be replaced by state ownership
21
Holding companies were used to help create
Native reservations
Labor equality
Fair trade
Business monopolies
22
Occurred in 1929 due to over speculation
WWI
Stock Market Crash
Dust Bowl
Harlem Renaissance
23
The _______ of the stock market left investors fearful.
enable
integrate
decline
reveal
24
Which of the following was NOT a cause of the Great Depression?
Banks had to close because they did not have enough money
People bought stocks on credit or borrowed money
Many businesses had a surplus of goods that couldn't be sold
The New Deal tried to start too many new programs
25
Over-production of what led to the Great Depression?
consumer goods
farm and consumer goods
26
unequal distribution of wealth
market economy/capitalism
socialism/communism
27
Uneven Distribution of Wealth meant...
The rich got richer while the poor earned less
Farmers made more money
The rich began to lose their money to the poor
The masses shared equally
28
Over-production of _____________ led to the Great Depression.
crops
appliances
crops and consumer goods
automobiles
29
Unequal Distribution of Wealth
The Richer get Poorer
The Poor get Richer
all the above
Richer get Richer and Poorer get Poorer
30
Which value does
capitalism
promote?
Checking punctuation thoroughly
Personal responsibility
Social responsibility
Free market economics
31
Agricultural Underproduction caused the Great Depression
False
True
32
Britain eventually recognized American neutrality thus averting war.
True
False
33
The name of FDR's plans and policies to get America out of the Great Depression?
The Fair Deal
The Great Society
The Square Deal
The New Deal
34
What is a globalized economy?
An economic system that benefits everyone
It is an economy where superpowers set up colonies and dominate Earth
It's when goods are shipped from all over the world, and everyone is linked
An economy where wealth is distributed across the globe close to equally
35
Federal Reserve Bank
An institution in kahoots with the IRS.
A financial instution that recieves deposits and makes loans.
Conducts monetary policy and supervision and regulation of institutions.
An account that allows for withdrawls and deposits.
36
Results of globalized economy
Higher population growth
Higher economic differences
More available housing
lower economic differences
37
Cause of Stock Market Crash:
Consumer trend of 1920s that later led to an economic disaster.
underproduction
safe investments
savings accounts
buying on credit and with borrowed money
38
The Stock Market Crash caused panic and fear
True
False
39
What was the cause of Stock Market Crash in 1929?
Everyone sold their stocks at once.
Values did not equal what companies were worth.
The President was stealing money.
A new war had started.
40
What level of government regulates the stock market?
Federal
Local
State
41
Which of the following events proved the failure of the appeasement policy?
Germany occupied the Sudetenland.
Germany, Italy and Japan became the Axis Powers.
Germany invaded Poland in 1939.
Germany and the Soviet Union signed the Non-Aggression Pact.
42
In a globalized economy many companies will move factories or businesses to-
Provide better climate for employees
Countries with low labor costs to save money
Industrial capitals of their home nation
Highly skilled labor countries
43
One of the causes of the Great Depression was the lack of international trade?
True
False
44
Federal Reserve Bank
Bank?
Adam Smith
The central bank of the United States
The central bank of Columbia
45
Why was the Great Depression so hard on agriculture in Texas?
the New Deal programs
the introduction of rationing
a severe drought
a bust in the cotton industry
46
Uneven Distribution of wealth:
Maldistribution
Malrepresentation
Maldistortion
Malnutrition
47
Over-speculation is...
Making a profit on the stock market using your own money
Using debit cards on stocks to make a profit
Guessing on stocks using borrowed money then not repaying
Using credit to pay for it later
48
What is globalized economy?
United States economy
International economy
Altoona economy
Pennsylvania economy
49
In response to Axis aggression in the 1930's western democracies followed a policy of --
appeasement
containment
genocide
aggression
50
What is capitalism?
government controls everything
everybody is equal is the government
no government or authority
businesses are controlled privately for profit
51
Federal Reserve Bank
legal process where your mortgage company obtains ownership of your home
Organization that didn't raise interest rates in the 1920s
The federal government supplied funds for the direct relief of the citizens
plowing and cultivation of the Great Plains
52
What is a socialist viewpoint?
Believing that we should care for the vulnerable in society.
Believing that people should have equal opportunities.
53
Uneven distribution of wealth
Socialism
Capitalism
54
The Treaty of Versailles
Shared the burden of the war between all the Central Powers
Put the entire war burden on Germany
Shared the burden of the war between all the Allied Powers
Shared the burden of the war between all combatants
55
What caused the agricultural great depression
No reasources
Dept, overproduction
FDR
Crops dying
56
Why is buying stock on margins dangerous?
if people cant pay the bank, the bank has no money
if the stock falls the person has no money to pay back
people assume the stock will go up in price and buy too much
all of above
57
government policy an example of market failure
True
False
58
Treaty of Versailles
Reparations
Genocide prevention
World peace
Mandatory conscription
59
Why was there SPECULATION in 1929?
Stock prices peaked and then fell
Government did little to discourage or regulate the market
Bought stocks and bonds
Panicked investors to unload their shares
60
American neutrality in the WWI meant that the United States would not trade with either side.
False
True
61
The Great Depression led to
a variety of innovative programs to combat terrorism
a provision allowing the election of Roosevelt for 4 terms
greater adherence to the philosophy of dual federalism
a growth in national government activity
62
Uneven distribution of wealth
Consequences of social inequality
Causes of social inequality
63
The Stock Market crash caused fear leading to
a boom in investment to make money
an increase in bank robberies
individuals from all classes to stop purchasing items.
a decrease in marriages to poor people
64
Treaty of Versailles
Ended WWII
Caused WWII
Rewarded Italy
Punished France
65
Over speculation caused?
Dust Bowl
Bank Failures
Stock Market Crash
66
Which weakness contributed to the Great Depression?
High taxation
Easy access to credit
Businesses were unable to find enough skilled workers
Speculation by the richest people in the country
67
What was the cause of Stock Market Crash in 1929?
The President was stealing money.
People quit their jobs to riot against the new laws.
Everyone pulled out their stocks, and Overproduction.
A new war had started.
68
STOCK MARKET: 1 reason the Stock Market crashed was because of Laissez Faire Government Policies
True
False
69
What two empires were broken up after the signing of the Treaty of Versailles?
United States and France
Austria-Hungary and the Ottoman Empire
None of these
Japan and Ottoman Empire
70
Who was President when the Great Depression began?
Millard Fillmore
Franklin D. Roosevelt
Calvin Coolidge
Herbert Hoover
71
Over Speculation
buying stocks for more than what their worth
buying books
buying socks
72
Federal Reserve Bank
12 banks housed for the Federal Reserve
Where you should go to deposit or pull out money
Make coins for the US and other countries
The banks that design money every 7 years
73
Cause of Stock Market Crash:
What is it called when people engage in risky stock transactions?
underspeculation
overspeculation
overproduction
underconsumption
74
What government policy during the 20s led to the rapid increase of the stock market?
Laissez-faire
Progressivism
Social Darwinism
Socialism
75
What are public utilities?
Hospitals, Public transport& education etc
Restaurants, parks & lighting etc
Private roads, hospitals & schools etc
76
To buy stock on margins means that the buyer..
Buys stock high and sells it at a loss
Borrows part of the purchase price of the stock
Agrees to split any potential gain with the stockbroker
Buys stock at a low price and sells it at a profit
77
What general government policy is seen as one of the causes of the stock market crash in 1929?
Inflation
Deduction
Consumerism
Deregulation
78
This includes the destruction of public utilities or similar critical infrastructure vital to public health or safety
Critical Assets
National Defense Area
National Critical Infrastructure
Vital Statistics
79
Which of the following resulted from the banking reforms indicated by the Great Depression?
Federal Reserve Act
National Bank Act
Second Bank of the United States
Glass-Steagall Act
80
Uneven Distribution of wealth:
Maldistortion
Malnutrition
Maldistribution
Malrepresentation
81
over production and consumption lead to Great Depression by
scaring farmers into growing fewer crops
causing falling prices on goods
forcing a decrease in mechanization
leading to more spending than saving
82
All of these happened during the Great Depression except
prosperity
unemployment
Dust Bowl
Stock Market crash
83
Which president was blamed for causing the Great Depression
President Roosevelt
President Hoover
President Coolidge
President Bush
84
The Treaty of Versailles -
maintained German economic superiority
punished Germany economically and militarily
was a balanced, fair peace treaty
Punished France and Britain
85
What caused the rise of totalitarian states?
economic collapse
Russian Revolution
democracy
Treaty of Versailles
86
Treaty of Versailles
It ended WW1
It ended WW2
87
Which treaty agreed to keep the Treaty of Versailles boarders?
Locarno Pact
Geneva convention
Kellogg-Briand Pact
Young Plan
88
What is generally a Socialist view?
The economy is best under free-market economics
Government should be VERY involved in regulating the economy
Government should be involved in deciding society's morals
Healthcare should be privatized
89
What did not contributed to the Great Depression?
Stock Market Crash
Unemployment
Overproduction
Hoovervilles
90
The stock Market is driven by _______ and Fear
surprise
greed
brokers
money
91
What is Capitalism?
The name of a government
An economic system based on private ownership and businesses
A name of a political party
Farms and businesses should be owned by the workers
92
Public utilities
Makes food
Helps a buisness
organization that supplies service or product to all people
Supplies people
93
Margins are loans for investors to purchase stocks
False
True
94
What is Capitalism?
When you need to put a capital letter for proper nouns
There is no Government
Trade and industry are privately owned, not by State
The Government has full control over the citizens
95
What Congressional Act officially ended American neutrality before WWII?
Cash-and-Carry
The attack on Pearl Harbor
Nye Act
Lend-Lease
96
Which is NOT a cause of Stock Market crash of 1929?
Stock brokers were stealing money from their clients.
Companies lied about their profits.
Stock Market was not regulated by the govt.
Many people bought stocks on credit.
