The Great Depression began in 1929. Most common economic belief the Republican Party had was

government did not need to get involved

Which action was taken to address the problems caused by the Great Depression?

Increased government spending to create jobs

Federal Deposit Insurance Corporation & Securities and Exchange Commission were important b/c:

attempted to restore confidence in financial institutions

In the 1920’s, which economic factor led to the Great Depression?

overproduction of farm products and manufactured goods

In the 1930’s the enactment of the New Deal programs demonstrated a belief that:

Fed. Gov. must be involved with people’s economic well-being

Which situation helped cause the stock market crash of 1929?

excessive speculation and buying on the margin

Choose one goal of President FDR's New Deal and the program that attempted to achieve that goal

Restore the nation's confidence in the banks- FDIC

A major result of President Franklin D Roosevelt’s New Deal was:

an expansion of the power of the Federal Government

Which economic trend of the 1920’s helped cause the Great Depression?

widening income gap between the rich and the poor

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American History: Great Depression

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Causes of the Great Depression and the New Deal

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Questions 10

Answers

1
The Great Depression began in 1929. Most common economic belief the Republican Party had was
an increase in defense spending would stimulate the economy
government did not need to get involved
unemployed workers should receive Federal benefits
the government should assume control of industry
2
Which of the following is NOT a contributing cause of the Great Depression?
Excessive lending and consumer debt
elimination of social programs
Speculation and stock market crash
Federal Reserve constricts money supply
3
Which action was taken to address the problems caused by the Great Depression?
Federal Reserve restricts money supply
Increased government spending to create jobs
Excessive lending and consumer debt
Elimination of social programs
4
Federal Deposit Insurance Corporation & Securities and Exchange Commission were important b/c:
guaranteed loans to failing businesses and banks
provide grants to unemployed workers
increased the supply of money in the economy
attempted to restore confidence in financial institutions
5
In the 1920’s, which economic factor led to the Great Depression?
overproduction of farm products and manufactured goods
lack of investment in the stock market
failure to develop new consumer goods industries
attempt by the United States to promote free trade
6
In the 1930’s the enactment of the New Deal programs demonstrated a belief that:
U.S. Constitution was not relevant to 20th- Century life
Fed. Gov. must be involved with people’s economic well-being
Corporations were best left to operate w/o gov. interference
state gov. should reduce control over trade in their states
7
Which situation helped cause the stock market crash of 1929?
increased government spending
excessive speculation and buying on the margin
too much government regulation of business
unwillingness of people to invest in new industries
8
Choose one goal of President FDR's New Deal and the program that attempted to achieve that goal
Return to isolationism- Washington Conference
Restore the nation's confidence in the banks- FDIC
Provide relief for the unemployed- Emergency Banking Act
re-instate installment plans- (SEC)
9
A major result of President Franklin D Roosevelt’s New Deal was:
a decline in the Federal deficit
an expansion of the power of the Federal Government
a change in the voting rights of women
a re-institution of the gold standard for U.S. currency
10
Which economic trend of the 1920’s helped cause the Great Depression?
cost of mass-produced goods went up
increasing income tax rates
widening income gap between the rich and the poor
falling tariff rates

American History: Great Depression Flashcards | StudBud