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Great Depression Section 1 Review Flashcards | StudBud

Explore/Great Depression Section 1 Review

Great Depression Section 1 Review

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Great Depression Section 1 Review

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Questions 10

Answers

1
What is an organized system of buying and selling shares in corporations?
merger
market boom
consolidation
stock exchange
2
What did Pres. Hoover authorize to help provide jobs?
The Welfare Program
encouraging business owners to hire jobless people
public works like improving roads
Social Security
3
What was the name of the most severe economic crisis America has had to date?
The Great Economic Crisis
The Great Depression
The Stock Market Crash
The American Recession
4
Which was NOT a cause of the Great Depression?
the amount of borrowed money
the loss of farms
stock market crash
government relief programs
5
What year did the stock market crash?
1929
1920
1931
1927
6
What were apple sellers?
people who sold apples on the weekends
a slang term for those who didn't like fruit
people who couldn't find regular jobs
slang term for farmers who defaulted
7
What was the Bonus Army?
additional soldiers
those who demanded their bonus pay from the government
an army that worked for the benefits
those who specialized in certain skills
8
What happened when farmers could not pay back their loans?
they gave the bank their possessions
they defaulted on their payments
they gave the money back
they borrowed from another bank
9
What was it called when 13 million shares were sold causing the economic crisis?
Black Thursday
The Great Depression
Bloody Sunday
Black Tuesday
10
What was the name of the shantytowns that were caused by the Great Depression?
Slum Town
Hoovervilles
Whoville
Homelessville