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Duplicate of GREAT DEPRESSION Flashcards | StudBud
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Duplicate of GREAT DEPRESSION
Duplicate of GREAT DEPRESSION
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1
Hoover was able to win the 1928 election because...
Decade of Republican Prosperity after WWI
he ran a smear campaign against his opponent Alfred E. Smith
His political experience
isolationism
2
The Stock Market Crash of 1929 had all of the following effects except...
banks received direct relief
loans to customers could not be paid and banks collapsed
banks used money to buy stock instead of conventional loans
banks went out of business
3
A bank holiday is...
close the bank to prevent the bank from running out of $$$
employees get the day off
help the federal reserve adjust interest rates
reduce the value of the dollar
4
The purpose of the New Deal was...
Reform the banking system and stock market
All the above
Help people recover
Give relief to the people
5
Deficit Spending...
Reduce spending to limit the size and influence of the gov..
create a surplus of federal funds
spend tax dollars on social and welfare programs
spend more than the gov. makes on taxes
6
The political program FDR implemented as a way to start solving the Great Depression.
New Votes
New Deal
New Plan
New Economy
7
The nickname given to the day the stock market crashed in October 1929.
Black Tuesday
Black Friday
Black Thursday
Black Monday
8
Money granted to retired people, the disabled, and children of deceased parents.
Social Security
Old Age Pension
Social Service
Social Assistance
9
A period of rapid rising stock prices
Donkey Market
Bull Market
Bear Market
Horse Market
10
Buying stock betting that the price will keep rising to cover the cost of the the loan
Buying on Margin
Mortgage rates
401k retirement funds
Speculation
11
The method of buy now, pay later
bankruptcy
credit
payment
checking
12
This agency protected bank depositors with insurance, raising confidence in the nation's banks.
FRA
TVA
FDIC
FMA
13
An event that occurred in the Great Plains as a result of drought and abuse of the land.
Dust Bowl
Dust Party
Dust Event
Dust Waste
14
Who was the President at the onset of the Great Depression?
Herbert Hoover
Teddy Roosevelt
FDR
Calvin Coolidge
15
The name given to WWI Veterans who were demanding early payment for their service.
Depression Group
Bonus Army
Hoover Marchers
Bonus Team
16
The President who ran against Hoover in 1932, and WON!
Teddy Roosevelt
Al Smith
Harry S. Truman
FDR
17
The name given to a community of cardboard shacks, associated with the Great Depression.
Hooverblankets
Tenements
Hooverflags
Hoovervilles
18
Roosevelt's first step in the New Deal was to ...
direct relief
restore America's confidence and trust in the banks
relief for farmers
public works
19
What event became the solution to the Great Depression?
World War I
Cold War
Korean War
World War II
20
Why did FDR pass the Agricultural Adjustment Act (AAA)?
to produce more crops for farmers to sell
to lower mortgage rates so farmers didn't lose farms
to prevent the Dust Bowl
to help raise the price of crops by limiting supply
21
A massive building project to fix and build new dams, provide flood control, and provide jobs.
Tennessee Valley Authority
Works Progress Administration
Civilian Conservation Corps
Hoover Dam
22
Closing of the nation's banks, to review failing banks.
Bank crash
Bank holiday
Bank call
23
What is the permanent effect of the New Deal?
Reduced the size and influence of the fed. gov.
Eliminated unemployment
Permanently weakened the republican party
Expanded the size and influence of the fed. gov.
24
Why did Hoover oppose direct relief from the federal government?
Direct Relief was just what the country needed
leave it to the local governments
his political supporters would lose faith in him
he didn't think taxpayers should have to contribute to it
25
Regulated the Stock Market
FDIC
SEC
Federal Securities Act
Bank Holiday
26
FDR used the radio as a tool to reach the American people, these speeches were called?
State of the Union Address
Talkies
Depression Talks
Fireside Chats