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Unit 7 Great Depression Test Review Flashcards | StudBud
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Unit 7 Great Depression Test Review
Unit 7 Great Depression Test Review
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Answers
1
These, along with breadlines, fed millions of starving Americans
New Deal
Hooverville
FranklinDelano Roosevelt
Soupkitchen
2
The Great Depression was a period of ____ _____ in the US & worldwide following the Roaring 20s
laissez-faire
extreme happiness
economic downfall
economic prosperity
3
Thesingle event that led the United States out of the Great Depression was
Nothing, we are still depressed
Roaring 20's
World War II
Vietnam War
4
To gain support for New Deal policies & boost morale Franklin Delano Roosevelt(FDR) used
fireside chats
TV updates
Nothing,he didn't care
home visits
5
More products were made available to Americansthan there were people to buy them, known as
Overproduction
Underproduction
Advertisements
profit loss
6
Provided jobs to build roads,parks, bridges, as well as artists as part of FederalArts Project
SocialSecurity Act (SSA)
WorksProgress Administration (WPA)
FederalHousing Act (FHA)
TennesseeValley Authority (TVA)
7
Republicans advocated a system that provided a tax break for the wealthy, otherwise known as
Reaganomics
Trickle-down economics
laissez-faire
Keynesian economics
8
TheDust Bowl is
The tariff President FDR put on foreign products
The central office of President FDR’s New DealProgram in NY
A poor and unclean New York city neighborhood
Time of drought, dust storm & high winds on Great Plains
9
Many investors in 20s made risky investments in hopes of getting rich quick, otherwise called:
good ideas
speculation
inflation
investing
10
Millions of Americans raced to the bank to take outtheir money after the stock crash, known as:
withdrawals
investing
bank runs
deposits
11
Promised Americans to do whatevernecessary to fix the economy of Depression with a “new deal”
Franklin Delano Roosevelt
First Hundred Days
Hooverville
Herbert Hoover
12
Built hydroelectric plants and dams aimed atimproving Southern states & attracting industry
WorksProgress Administration (WPA)
SocialSecurity Act (SSA)
TennesseeValley Authority (TVA)
FederalHousing Act (FHA)
13
Because of frustration with Herbert Hooverduring the Depression, Hooverville became the name of
Groupsof farmers who burned their crops
Groupsof hobos who lived on trains
Groups of shacks and shanties that poor peoplelived in
Groupsof angry workers protesting at banks
14
Nickname given to shantytowns during the GreatDepression where poor Americans lived in shacks.
Hooverville
Soup kitchen
New Deal
Okies
15
The stock market in the 1920s experienced a period of rising stock prices, known as
laissez-faire
bear market
profit margin
bull market
16
Nickname given to farmers from Dust Bowl region who moved elsewhere in hopes of finding work.
Hooverville
Okies
Soupkitchen
FranklinDelano Roosevelt
17
For some banks, the losses from the stock market were so great they were forced to:
approve more loans
increase interest rates
close
ask other banks for help
18
Main components of FDR’s New Deal were
R
elieffor the unemployed, Economic
R
epair, &:
Reformof the financial sector to prevent another Depression
Representationof a new America
Respect for bankersand stockbrokers
Recognitionof those lost to starvation
19
In 1929, the top 1% of the population owned 59%of the nation’s wealth, which is known as
a recession
uneven distribution of wealth
Supply side economics
a bull market
20
Covered people’s savings in banks against loss.
WorksProgress Administration (WPA)
ederalDeposit Insurance Corporation (FDIC)
FederalHousing Act (FHA)
SocialSecurity Act (SSA)
21
What term best describes what you see in theimage below
New Deal
breadline
Dust Bowl
Hooverville
22
What term best describes what you see in theimage below
Hoovervile
Stock Crash
New Deal
Dust Bowl
23
Millions of Americans bought stock on ______, or with a loan from brokers
IOU
margin
debit
gold standard
24
Roosevelt’splan to pull the United States out of the Great Depression was called
Fair Deal
supply side economics
bull market
New Deal
25
What were Hoover & other conservatives’views on how the government should run the economy?
Build Hoovervilles
Tax everyone all the time
It will fix itself, let it be
Make a lot of changes
26
Helped repair, rebuild, and insure older homes.
FederalHousing Act (FHA)
TennesseeValley Authority (TVA)
FederalDeposit Insurance Corporation (FDIC)
WorksProgress Administration (WPA)
27
Provided financial aid & security to theunemployed, elderly, dependent, & physically challenged
FederalDeposit Insurance Corporation (FDIC)
WorksProgress Administration (WPA)
SocialSecurity Act (SSA)
FederalHousing Act (FHA)
28
The period of FDR’s presidency where a record number of bills were passed.
Hoovervilles
New Deal
First Hundred Days
Okies
29
October29
th
, 1929 is known as what?
Black Tuesday
Wonderful Wednesday
Gray Friday
Crash day