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USH CHAPTER 11 GREAT DEPRESSION Tatro Flashcards | StudBud
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USH CHAPTER 11 GREAT DEPRESSION Tatro
USH CHAPTER 11 GREAT DEPRESSION Tatro
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Flashcards
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Questions
20
Answers
1
You lost your
savings
during the Great Depression when a ...
bank failed.
tariff raised the cost of a product.
stock lost value.
business went bankrupt.
2
What author wrote of the displaced Oklahoma farm family in the Grapes of Wrath?
Ernest Hemingway
John Steinbeck
Langston Hughes
Dorthea Lange
3
Another negative effect of the Great Depression, besides the foreclosure of homes, was ___.
unemployment
breadlines
charities & missions
high ticket prices at the Chicago World's Fair
4
An incorrect assumption was that the ___ was the primary cause of the Great Depression.
Loss of exports sales due to tariffs
Overproduction of products by farmers and industry
Stock Market Crash
Mistakes by the Federal Reserve lowering interest rates
5
When a minority of people own the majority of wealth it is an example of...
uneven distribution of income
Tragedy of the commons
Real options theory
Adaptive expectations
6
Who has the authority to raise and lower national interest rates?
Secretary of the Treasury
Congress
Federal Reserve Bank
President
7
Who believed that rugged American individualism was the opposite of European state socialism?
Alfred Smith
Mark Twain
FDR
Herbert Hoover
8
What was the highest stock price in 1929?
$375
$300
$100
$200
9
Due to foreign countries also raising their tariffs ______ failed to help American businesses.
the Garner-Curtis tariff
the Federal Reserve
Hoover's Executive Order
the Hawley-Smoot tariff
10
Those who felt we needed to protect American industries from foreign competition believed in...
free markets
tariffs
consumerism
competition
11
Because banks loaned money to ______, banks were hit hard when the stock market crashed.
the government
speculators
foreign countries
farmers
12
Drought, unused fields and removing wild grasses ultimately contributed to the ____.
availability of free land to immigrants
dust bowl
building of oil wells
idea of paving over the farm lands
13
1930s movies and radio were two popular forms of entertainment that...
provided jobs for immigrants.
let people temporarily forget their worries.
an effective means of anti-Nazi propaganda
helped raise funds for works programs.
14
Jobs lost in the ____ could be replace by public works projects according to President Hoover.
private sector
stock market
dust bowl
military
15
Hobos often wandered the country on ____ in a struggle for survival.
bicycles
boats
railroad cars
horses
16
The Bonus Army, a group of ___, marched in Washington D.C. seeking an early payment of money.
coal miners
WWI veterans
striking railroad workers
farmers
17
Which of the following is
NOT
considered a cause of the Great Depression? *Be able to explain 3
risky bank loans
Overproduction
consumer credit abuse
WWI
18
Who did Americans believe should solve their economic problems during WWI?
uniona
the government
the wealthy
socialists
19
According to the chart, if car sales fell than less demand would also impact...
gas stations
restaurants
motels
movie theaters
20
President Hoover believed that only state or local government should provide welfare or ___.
tax cuts
relief
free land
prohibition enforcement