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Chapters 11 & 12 The Great Depression Flashcards | StudBud
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Chapters 11 & 12 The Great Depression
Chapters 11 & 12 The Great Depression
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The Great Depression. The hard times that our nation faced during the 1930’s.
Flashcards
25 cards
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Practice quiz
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Host live
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Questions
25
Answers
1
Which of the following was
not
a weakness of the economy in the 1920s?
buying stock on margin
uneven distribution of wealth
dependence on credit
labor unions
2
During the early 1920's the mood in America was?
Cynical
Optimistic
Pessimistic
Negative
3
Many farmers lost their farms when banks ___ and seized their property as payment for the debt.
financed
foreclosed
purchased
bankrolled
4
Informal radio conversations Roosevelt had with the people to keep spirits up during Depression
Social Security
New Deal
Fireside Chats
Civilian Conservation Corps
5
Which expression descibes how the depression in the U.S. was felt worldwide.
President Roosevelt signs the Social Security Act.
"The only thing we have to fear, is fear itself."
“If America sneezes the rest of the world catches a cold”
Many Americans withdrew their money from foreign banks
6
How did Americans show their approval of President Roosevelt?
Elected to one term of office
Elected to four terms of office
Elected to two terms of office
limited to ten years in office
7
The hard times that our nation faced during the 1930’s were called?
The hard times of the 1930's
The crash of the stock market
The Great Recession
The Great Depression
8
Aim to control flooding, help conservation & generate electricity for rural areas in the south?
Public Works Administration
New Deal
Tennessee Valley Authority
Social Security
9
The stock market crash triggered a banking crisis. Which of the following was
not
a result?
frightened depositors rushed to withdraw their money
many banks invested in the stock market and lost money
many banks invested wisely in stock market & made a fortune
many banks were forced to close
10
After the stock market crash, what did many Americans do with their money from banks?
bought more stocks
withdrew and reinvested money in another bank
panicked and withdrew money
looked for more stock options
11
What is the name given to FDR's massive plan for relief, recovery, and reform?
Agricultural Adjustment Act
Federal Deposit Insurance Corporation
Social Security
New Deal
12
What impact did the stock market crash have on individuals in America?
many lost savings and went into debt
banks refinanced personal loans
unemployment dropped to 4%
the GNP increased 30%
13
What name was given to the migrants from Oklahoma fleeing the Dust Bowl?
immigrants
refugees
okies
hobos
14
Which of the following was
not
a way Americans escaped from grim realities of the Depression?
sports
enrolled in social security investment classes
movies
radio
15
Purchasing stock with little money down with promise of paying balance sometime in the future
New Deal
Bank loan
Stock Broker
Buying on Margin
16
The negative effects of the Great Depression lasted from 1929 until?
the gold standard rebounded
the collapse of U.S. stock market on October 29, 1929,
Social Security took over
the beginning of World War II
17
Who was our president at the beginning of the hard times our nation faced in the early 1930’s?
Harry S. Truman
Woodrow Wilson
Franklin D Roosevelt
Herbert Hoover
18
Stock market crash revealed __ in economy& ushered in hard times known as the Great Depression.
weaknesses
strengths
assets
resources
19
What event led to the hard times in the 1930’s?
World War II
Inflation
Crash of the Stock Market
The "Roaring 20's"
20
What was the most devastating weather driven event in American history during the 1930's?
Climate change
Melting polar ice-caps
Global warming
The severe drought that lead to the dust bowl.
21
What program did Roosevelt propose that was designed to provide a minimum retirement income?
New Deal
Social Security
Minimum Wage
Minimum Retirement Program
22
October 29, 1929 the day the Stock Market Crashed is also referred to as?
New York Stock Exchange collapse
Black Tuesday
Wall Street bankers crash
the Great Crash
23
Name the group of WWI veterans who marched to Washington DC in 1932 to demand early pensions.
Bonus Army
GI's
Infantrymen
American Expeditionary Force
24
Hoover was blamed for the Great Depression. Shantytowns in American cities were called?
Ghettos
Inner city
Hooversville
Slums
25
The unemployment rate during the Great Depression reached as high as?
25%
unemployment was not really a factor
4%
60%
