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Mr. States- Chapter 18: The Great Depression Review Flashcards | StudBud
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Mr. States- Chapter 18: The Great Depression Review
Mr. States- Chapter 18: The Great Depression Review
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#greatdepression #causes #Hoover
Flashcards
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Questions
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Answers
1
Along with movies, this form of entertainment became very popular. Known for soap operas and news.
Satellite Television
Radio
Newspapers
Cable Television
2
What did bussinesses do to save money?
they increased production
There were no consequences
they gave up
they cut production and laid off employees
3
What was the flaw in each of Hoovers attempts to stop the Depression?
It spent too much money
it was too much, too quickly
There was no flaw
They were too little, too late
4
This was caused by a massive Drought and improper farming methods which led to dry soil.
The Dust Cleaner
The Dust Bowl
The Cereal Bowl
The Cheese Bowl
5
What did the Bonus Army want?
They demanded free money for life
They wanted Bonus points on the test from Mr. States
They wanted to overthrow the government
Early Payment of their bonus earned during WW1
6
What was Black Tuesday?
A shopping Holiday
Just another day
The Day of the Stock Market Crash
Everybody wore Black
7
A bank always has all of the money in your savings on hand, at the bank.
True
False
8
Act of buying stocks at great risk, betting that the prices will rise . . .
Speculation
Stock Market
Margin
Margin Call
9
What is a bank run?
people run in protest for bank closures
banks run away from the problems of the depression
people go to the bank and demand their money
people go to the government and get help for their bank
10
Demand by a broker that investors pay back loans made for stocks purchased on margin . . .
Margin Dial
Margin Call
Margin Text
Margin Ring
11
When banks closed people were insured and did not loose their money.
True
False
12
People fleeing the Dust Bowl, to California, were known as what? Hint: Many came from Oklahoma
Okies
The Oakland Raiders
Hoboes
Migrants
13
Why did the entertainment industry grow during the Great Depression?
It wasn't affected by the Stock Market crash
The unemployed liked to see famous people
People sought an escape from their troubles
More people could afford entertainment
14
How did Hoover handle the Bonus Army?
He told Congress to pay their bonus
He paid their bonus out of his own pocket
He asked them politely to leave
Sent in the Army
15
Buying a stock by paying only a fraction of the stock price and borrowing the rest . . .
Medium
Mango
Buying on Margin
Margin Call
16
By the election of 1932, Hoover was a pretty popular guy.
False
True
17
Who won the election of 1928, and served until 1932?
Calvin Coolidge
Herbert Hoover
Alfred E. Smith
FDR
18
What does the Bank do with your money
Save it for you
Give it all away to hobos
Invest in the Stock Market
They wont take your money
19
Overproduction is . . .
Producing More Than You Can Sell
When Your Bussiness Sells Everything
Not Producing Enough
when people don't use the assembly line
20
What principle did President Hoover originally cling to as the solution to the nation's economic troubles?
Government Intervention
Social Security
Modified Socialism
Rugged Individualism
21
What was the purpose of the series of conferences President Hoover conducted in 1930 in response to the economy?
to convince business leaders to retain workers and maintain wages
to discuss social improvement projects with members of Congress
to force companies to rehire the workers they had laid off
to tell Americans about how the government was handling the crisis
22
Which of the following is a cause (or root) of the great depression?
High Tariffs
Overproduction
Poor Distribution of Wealth
Speculation
23
How did President Hoover initially respond to the stock market crash?
He Laughed
Gave money to Individuals
Tried to inspire Optimism
Took Direct Control of the Economy
24
The Hawley-Smoot Tariff . . .
did not change the tariff
lowered the tariff
raised tariffs
stopped the tariff
25
A system for buying and selling stocks in corporations . . .
Bear Market
Bull Market
Margin Call
Stock Market
26
What was the name given to the shantytowns of homeless people?
Erie
Homelessvilles
Hoovervilles
Hobovilles
27
People who decided to become nomads and travel across the country, by train, to find work.
Migrant
Bailiff
Hoboes
Wanderer
