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Great Depression
Great Depression
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StudBud Administration
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Great Depression Test Review
Flashcards
20 cards
F
Practice quiz
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Host live
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Questions
20
Answers
1
How much of a product is available?
Demand
Credit
Boom
Supply
2
Used to buy products when a person does not have the money?
Depression
Inflation
Supply
Credit
3
What was President Hoover's way of getting out of the Great Depression?
By temporarily closing banks
By increasing trade w/ foreign countries
With government help
Through hard work and strong character
4
Which did FDR do FIRST?
Cut taxes
Pushed New Deal programs through Congress
called Congress into session on a Sunday
gave his first Fireside Chat
5
Investing money with the anticipation that the price will rise?
Trickle-down economics
Speculation
Credit
Margin buying
6
Which is NOT an effect of the stock market crash?
Tax cuts
Hunger in the cities
Unemployment
Salaries/hours cut
7
Who provided relief to people in need during the Great Depression (New Deal)?
Theodore Roosevelt
Franklin D. Roosevelt
Alfred E. Smith
Herbert Hoover
8
Programs to restart economic growth?
Relief
Reform
Recovery
Broker State
9
Rising stock prices?
Squirrel market
Bull market
Lion market
Bear market
10
Experts who advised the president on programs?
Stock Brokers
Broker state
Fireside chats
Brain Trust
11
Giving money to the wealthy with the intent that it will get to the poor who need it?
Inflation
Margin buying
Trickle-down economics
Recession
12
Programs to ease the suffering of the of the American people?
Reform
Recovery
Relief
Reliable
13
How did people lose money during the stock market crash, even if they didn't invest?
Stolen by people who lost money from stock market
Government took it through high taxes
Savings were lost when banks closed
Lost through New Deal programs
14
Decrease in the value of money?
Inflation
Supply
Recession
Demand
15
The recession of 1937 was caused by...
Another stock market crash
Bank closings across the nation
Cut in New Deal spending
Increase in New Deal spending
16
Programs to stop/prevent the causes of the Great Depression?
Reliable
Recovery
Relief
Reform
17
If economics = baseball, then according to Herbert Hoover, the government = ?
Player
Coach
Spectator
Umpire
18
Which of the following is FALSE about the Hawley-Smoot Tariff?
1,000 economists warned Hoover not to do it
Foreign countries bought less American products
Farmers sold more products because of it
Highest peacetime tariff in history
19
What ended the Great Depression?
World War II
Nothing
Cold War
New Deal
20
What does the man's illness represent?
FDR being upset with the Supreme Court
US being sick with the Great Depression
Congress being sick and tired of FDR
US being tired of the New Deal
