What was Senator Huey Long, who thought rich people had too much money, solution to solve the Great Depression?

Give everyone a house and a car and spread the wealth

What best describes 'bank runs'?

People started quickly withdrawing all their money from the bank

What is the practice of 'buying on margin' in the stock market?

buying stocks on credit / with a loan

During the 1930's what did the CCC, or Civilian Conservation Corps do?

It employed young men doing park and environmental work

Why is the Social Security program considered such an important part of FDR's New Deal?

It provided a modest retirement income for the masses

What is the Dow Jones Industrial Average?

A combined index of 30 large companies' stock value

How did President Roosevelt communicate with the American people during the Depression?

Through fireside chats on the radio

What effect did the economic boom in the stock market in the 1920's have?

Many Americans believed anyone could get rich in the market

What was President Hoover's solution in trying to fix the Great Depression?

Help the banks and insurance companies recover

In economics, what is credit?

A promise to pay someone later for something of value

Why were places such as these called 'Hoovervilles'?

It was done to mock and make fun of a failed presidency

What was the so called 'bonus army' demanding?

Payment of a promised bonus for serving in WWI

studbud

Great Depression

19 termsStudBud Administration1,285 plays

Quiz testing the knowledge of students on what led to, and the reality of, The Great Depression

Flashcards19 cardsFPractice quizPHost liveL

Questions 19

Answers

1
Lincoln High School was founded in what year?
1988
1492
1907
1812
2
What was Senator Huey Long, who thought rich people had too much money, solution to solve the Great Depression?
Issue massive amounts of currency to the banks for trade
Spend less in government!
Give everyone a house and a car and spread the wealth
Nationalize the farms and create savings
3
When the stock market crashed in October of 1929, this day became known as:
Freaky Friday
Red Friday
Black Tuesday
Blue Monday
4
What best describes 'bank runs'?
People started quickly withdrawing all their money from the bank
People took out as many loans as they could
When bank tellers started running everywhere
More people were robbing banks
5
What is the practice of 'buying on margin' in the stock market?
buying stocks on credit / with a loan
buying with the use of bar charts that show you stuff
buying stock that is only traded in small amounts
buying with a New York broker cause, like, they know stuff
6
During the 1930's what did the CCC, or Civilian Conservation Corps do?
It made tents for the American farmers
They conserved civilians
It employed young men doing park and environmental work
It established a national firefighter force
7
Why is the Social Security program considered such an important part of FDR's New Deal?
It provides a permanent number identifier for all Americans
It provided jobs for millions during the 1930's and 1940's
It established local club organizations which people liked
It provided a modest retirement income for the masses
8
What is the Dow Jones Industrial Average?
The combined average of all players on the LA Dodgers
A combined index of 30 large companies' stock value
A big arrow on a screen
The average amount all Americans have in the bank
9
How did President Roosevelt communicate with the American people during the Depression?
Through a series of essays published in the New York Times
Apple Podcasts, duh!
Through movies and film
Through fireside chats on the radio
10
What caused millions to lose their family wealth during The Depression?
Bank closures
All of the these are correct
Foreclosures on their farms
The stock market crash
11
In the story The Grapes of Wrath, what was an 'agitator'?
a field worker
A farm tool
A preacher
a labor organizer
12
What effect did the economic boom in the stock market in the 1920's have?
It educated the masses in the ways of socialism
It stopped the period of unnecessary buying and selling of stocks
Many Americans believed anyone could get rich in the market
It helped end WWI
13
What was President Hoover's solution in trying to fix the Great Depression?
Provide aid to farmers and the working class
Help charities by providing government goods such as food
Help the banks and insurance companies recover
Provide help Okies most affected by the Dust Bowl
14
What powerful group, who has the LAST WORD REGARDING THE LAW, challenged FDR's New Deal?
Congress
The Avengers
The Supreme Court
The media
15
In economics, what is credit?
A score between 300 and 3000
Buying stocks
Speculation on the market in hope of a big payoff
A promise to pay someone later for something of value
16
Which of the following would MOST contribute to people living beyond their means?
cool, expensive things to buy
those evil rich people
credit
government
17
Why were places such as these called 'Hoovervilles'?
It was because all the towns near Pittsburgh voted for him
It was done out of grudging respect for the president
It was done because people believed in Hoover's greatness
It was done to mock and make fun of a failed presidency
18
As far as the environmental disaster known as the Dust Bowl, where was it located?
Sheridan
The Midwest
The Rocky Mountains
The Southeast: Florida, Georgia, and Alabama
19
What was the so called 'bonus army' demanding?
The were demanding Hoover should resign
Payment of a promised bonus for serving in WWI
They were demanding FDR should resign
Better working conditions in Army jobs

Great Depression Flashcards | StudBud