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Great Depression Review
Great Depression Review
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A review of the Great Depression
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Which of the following was
NOT
a cause of the Depression?
Unequal distribution of wealth
Decline in foreign trade
Consumer debt
Underproduction of crops
2
Recovery
was intended to:
provide immediate aid to the economy and people
prevent another depression from happening
stimulate the economy
provide jobs
3
True or False: Buying on margin means buying stocks with borrowed money
False
True
4
Reform
was intended to:
provide immediate aid to people
prevent another depression from happening
provide jobs
stimulate the economy
5
Social Security:
Created a pension for the elderly
Helped all minority groups
Insured banks across the U.S.
Helped all needy people
6
Which best describes Hoover's response to the Depression?
Large involvement of government in the economy
Hands-off, let states and charities help the people
Creation of the New Deal programs
Creation of breadlines
7
Why was their an increase in investment in the stock market in the 1920s?
Stock prices were cheap
People were losing on their investments in the market
Stock prices were expensive
People were profiting on their investments in the market
8
Dr. Francis Townsend wanted to protect:
Bankers
Farmers
Elderly
Children
9
Huey Long wanted to use money from who to redistribute to other Americans?
Wealthy
Republicans
Bankers
Politicians
10
True or False: FDR tried to eliminate the Supreme Court with his court packing plan
False
True
11
Which of the following intended to stop the bank crisis and calm people down?
WPA
Social Security
Bank Holiday
FDIC
12
What helped to create jobs for millions of Americans?
Social Security
WPA
PWA
FDIC
13
True or False: The New Deal reduced the size and role of the federal government
False
True
14
Relief
was intended to:
prevent a depression from happening again
provide jobs
provide immediate aid to the people and the economy
stimulate the economy
15
Father Charles Coughlin blamed who for the Depression?
Bankers
Wealthy
Republicans
All of the above