Which BEST describes how financing (buying on credit) lead to TGD?

people overspent and businesses/banks over-loaned

What was a Hooverville?

areas with high unemployment, homelessness, etc.

Leading up to TGD, in the USA it was common to...

over loan, over invest, and overuse credit

Stock Market Speculation was ineffective and a cause of TGD because....

it was largely, only based on speculation

Wealth distribution led to TGD due to...

few rich, few middle class, many poor

Which is NOT part of the Social Security Act?

provide financial support for veterans

Which of the following is NOT true of the farming economy prior to TGD?

the government did not provide support

Government policies and taxes factored into TGD because...

taxes lowered for wealthy; little gov. regulation

Why was the AAA declared unconstitutional?

government had TOO much farming regulation

How did Pres. Hoover and Pres. FDR differ in response to TGD?

FDR immediately put programs into place, while Hoover didn't

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The Great Depression and New Deal

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Questions 17

Answers

1
The nickname of the day the Stock Market crashed was....
CRASH
Black Friday
Black Thursday
Black Tuesday
2
Which BEST describes how financing (buying on credit) lead to TGD?
stores only allowed it for rich people
all of these
monopolies began forming again
people overspent and businesses/banks over-loaned
3
What was a Hooverville?
all of these
places that helped families affected by TGD
a neighborhood Pres. Hoover helped build
areas with high unemployment, homelessness, etc.
4
The event considered the START of the Great Depression was...
outbreak of the influenza
the end of WWI
the closing of banks in large cities
stock market crash
5
Leading up to TGD, in the USA it was common to...
over loan, over invest, not take advantage of credit
over loan, over invest, and overuse credit
over investments in big business monopolies
over spend on luxuries
6
Which New Deal Program helped people trust banks again?
FDIC
CCC
WPA
TVA
7
Stock Market Speculation was ineffective and a cause of TGD because....
there was corruption among stock brokers
it was largely, only based on speculation
the data collected was inaccurate
NO stocks were predictable
8
Wealth distribution led to TGD due to...
lots rich, few poor
few rich, few middle class, many poor
few rich, large middle class, some poor
evenly distributed among social classes
9
Which is NOT part of the Social Security Act?
provide financial support for retired
provide financial support for disabled
funded through citizens' paychecks
provide financial support for veterans
10
The goals of TGD were....
reform, revitalize, recover
refinance, reform, recover
reform, revitalize, relieve
reform, relief, recover
11
Which of the following is NOT true of the farming economy prior to TGD?
there was more international competition
many lost farms due to high interest loans
the government did not provide support
there was severe drought in many areas
12
Government policies and taxes factored into TGD because...
taxes lowered for wealthy; too much gov. regulation
taxes raised for wealthy; little gov. regulation
taxes raised for wealthy; too much gov. regulation
taxes lowered for wealthy; little gov. regulation
13
What New Deal program created jobs to build roadway systems, bridges, etc.?
WPA
FDIC
TVA
CCC
14
The "Dust Bowl" was an ecological situation that took place where?
western US
southeast US
northwest US
northeast US
15
Why was the AAA declared unconstitutional?
farmers were forced to find different jobs
farmland was used to build factories
government had TOO much farming regulation
government did not regulate farming enough
16
How did Pres. Hoover and Pres. FDR differ in response to TGD?
FDR focused on helping everyone; Hoover focused on whites
Hoover immediately put programs into place, while FDR didn't
Hoover focused on helping everyone; FDR focused on whites
FDR immediately put programs into place, while Hoover didn't
17
The Great Depression was a factor in the end of....
WWII
WWI
Jim Crow Laws
Prohibition

The Great Depression and New Deal Flashcards | StudBud