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The Great Depression Flashcards | StudBud
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The Great Depression
The Great Depression
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235 plays
Great Depression
Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
What was the purpose of the New Deal?
Provide crops to the agriculture industry
Help Hoover get re-elected
Aid the economy during the Great Depression
Help Roosevelt raise campaign money
2
Some people criticized the New Deal for giving ________ too much power.
Roosevelt
State Governments
Congress
None of the above
3
If you are a risk taker and want the possibility of a big return then you'd want a ____ market.
Bull
Bear
Rhino
Lion
4
Individuals borrowing money from the bank to then invest was called?
The stock market
buying on margin
buying on credit
overproduction
5
Who came up with the New Deal?
Roosevelt
Uncle Sam
Hoover
Congress
6
What was the NRA during the New Deal?
Nuclear Response Act
National Republican Authority
National Recovery Act
New Rifle Association
7
The only part of the GD that couldn't happen today is?
Buying on Margin
Banks losing their customer's money
Stock Market Crashing
Overproduction of Goods
8
In the cartoon, Congress plays the role of the?
Nurse
Patient
Doctor
Uncle Sam
9
Some people thought the New Deal programs helped businesses more than individuals.
False
True
10
The stock market crash of 1929 created the Great Depression.
False
True
11
Why was overproduction a problem?
Anyone who could afford the items already had them
Too many goods & not enough buyers
All of the above
US couldn't ship them overseas as exports
12
What does it mean to 'Buy on Credit'?
banks taking customer's savings to invest in the market
a 'bull' vs. 'bear' market
Making too many goods to sell
Investing in a bear market
13
What 2 industries were saved by the New Deal?
Ranching & Farming
Farming & Banking
Banking & Exports
Stock Market & Banking
14
How do you know Roosevelt is the one holding the New Deal Remedies bag?
He is holding a hat that says FDR on it
Both Red & Blue are correct
Congress trusted Roosevelt to be a doctor
Roosevelt is the one who came up with the New Deal
15
A loss of revenue and forced layoffs were a direct result of?
Buying on Margin
Bank Forclosures
Overproduction
The Great Depression
16
The illness portrayed in the cartoon is symbolic of?
Roosevelt
New Deal
Congress
Great Depression
17
The whole political cartoon centers around the?
New Deal
President Roosevelt
Stock Market Crash
Great Depression
18
The day the stock market crashed is known as?
Black Thursday
Cyber Monday
Black Tuesday
Black Friday
19
Uncle Sam is symbolic of?
America
The nurse in the cartoon
The Great Depression
The New Deal
20
What are 2 New Deal programs still in effect today?
CCC & LOL
SSA & FDIC
NIRA & NRA
WPA & IDK