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Great Depression
Great Depression
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Questions
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Answers
1
an uninteded effect of the Hawley Smoot Tariff was a substanital increase in US producs
False
True
2
Hoover's approach to the Depression econmy was based on a belief in (CHOOSE 2)
separation of church and state
direct government relief
voluntary cooperation
the golden rule
3
after the stock market crash, how did POTUS Hoover try to help the economy?
by funding handouts of food and clothing
by lowering foeign tariffs
by asking businesses not to lay off empolyees
by closing banks
4
buying stocks on the chance of a quick profit without considering the risks is known as
speculation
lvining on credit
buying on margin
profit taking
5
one indicator of a weak economy in the 1920s was a decline in housing stats
True
False
6
Who made up the bonus army that marched on washington
veterans
families
homeless
unemployeed
7
One longrange effect of the Great Depression was that many people
came to believe in small government
developed habits of saving and thriftiness
became risk takers in the stock market
Grew to like POTUS Hoover
8
In calling shangtowns "Hoovervilles," people conveyed their
trust in Hoover
Grudging respect for Hooever
disgust with Hoover
patriotism
9
Which is NOT a cause of the Dust Bowl
drought
overproduction of crops
thick layers of prairie grasses
high winds
10
Which candidates ran for POTUS in 1932
Hooever and FDR
Hoover and Smith
Coolidage and Hoover
Coolidge and FDR
11
which of the follwoing increased in the 1920s
farmers' debt
prices for farm products
foreign demand for US farm products
domesstic demand for US farm products
12
this term means putting some money down, but not all of it - price support
True
False
13
Which was NOT a cause of the Great Depression
a crisis in the farm sector
tariffs on foreign goods
a growing number of homeless preople
the availability of easy credit
14
During the Great Depression the oeverall unemployment rate was about
100%
75%
25%
10%
15
The Democrat lost the POTUS in 1928 was Hoover
True
False
16
Which of the following was NOT an effect of the Great Depression
many men became unemployeed
many families become homeless
many children had porrt diet
many people started farming
17
Which of the follwing descirbes a gpvernment system for giving payments or food to the poor
rugged individualism
price support
moral fiber
direct relief
18
American industiries first began to show signs of economic trouble after 1929
True
False
19
President Hoover supported direct releif
True
False
20
the main purpose of the Reconstruction FInance Corporation was to give emegerncy help farmers
True
False
21
What does buying stock on margin mean?
buying the stock for soeone else
purchasing the stock outside the regular stock exchanage
borrowing money to help pay for the stock
paying less than the market price of the stock
22
Black Tuesday was the day that Hoover forced the Bonus Army to disband
False
True
