The construction of Hoover Dam illustrated a creative partnership between

private business and the federal government.

During the boom years of the 1920s overall unemployment across the nation

remained low, averaging around three percent.

In the earliest days of the Great Depression, most families who lost jobs

begged, became hoboes, or went without basic necessities.

Why did the Smoot-Hawley Tariff Act backfire?

European nations responded with tariffs of their own.

During the Great Depression, President Hoover came under attack because many Americans believed

he did not grasp how desperate the American people were.

President Hoover downplayed the effects of the crash because

he believed the economy would soon recover.

Why was buying on margin riskier than other ways of investing in the stock market?

stock price dropped, investors had to repay their loans.

In the aftermath of the crash, industrialized nations around the world took measures to

protect themselves by passing high tariffs.

How did dust storms make it difficult to farm in the Great Plains?

They stripped off the topsoil and blew it away.

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Chapter 11 Review

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Great Depression

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Questions 22

Answers

1
____ is the term that describes the devastation of the Great Plains by drought.
The Grapes of Wrath
The Dust Bowl
The Great Depression
Black Tuesday
2
The construction of Hoover Dam illustrated a creative partnership between
state government and private business.
educational institutions and the federal government.
local engineers and local government.
private business and the federal government.
3
During the boom years of the 1920s overall unemployment across the nation
was high, except in rural areas.
remained low, averaging around three percent.
was not measured, since economic times were good.
rose steadily, increasing about two percent each year.
4
Which of the following signaled economic weakness in the 1920s?
purchase of factory goods by families of average income
good times in outdated industries such as coal mining
uneven distribution of wealth
the high salaries of union members
5
In the earliest days of the Great Depression, most families who lost jobs
depended on annuities from richer family members.
begged, became hoboes, or went without basic necessities.
took new jobs serving in soup kitchens and breadlines.
depended on federal government programs for food.
6
The boom economy of the “Roaring Twenties” did not apply to
companies producing new items on the nation’s assembly lines
movie theaters and sporting events.
steel, oil, and rubber industries.
farmers.
7
People who hopped trains to look for work were known as
hoboes.
migrants.
Okies.
train hoppers
8
Why did the Smoot-Hawley Tariff Act backfire?
It benefited only manufacturers.
The tariff rates were too low.
European nations responded with tariffs of their own.
It was limited to helping farmers.
9
The total value of all goods and services produced in a nation is called the
net national product.
gross national product.
margin of growth.
gross national profit.
10
Americans knew they were in a Hooverville when they saw
banks.
dams.
vacuum cleaners.
shacks.
11
During the Great Depression, President Hoover came under attack because many Americans believed
he did not grasp how desperate the American people were.
he put more emphasis on cooperating abroad
he grew rich while the American people suffered.
he lacked business sense.
12
President Hoover downplayed the effects of the crash because
he believed the economy would soon recover.
the crash had little effect on economies overseas.
consumers continued buying stocks at a brisk pace.
margin buyers were not hurt.
13
stock prices dropped, brokers could force investors to repay their loans if the investors were
buying on margin.
members of a cooperative.
Okies.
installment buying.
14
The fall of 1930 more than 6,000 unemployed workers sold ____ on the streets of New York City
their belongings
bananas
their cars
apples
15
The ____ was created by private business and the federal government working together
Hoover Dam
Federal Reserve
Great Depression
Smoot-Hawley Tariff Act
16
Why was buying on margin riskier than other ways of investing in the stock market?
Federal Reserve made it difficult for brokers to lend money.
stock price dropped, the investor makes only a small profit.
stock price dropped, investors had to repay their loans.
Margin calls forced investors to buy more stock.
17
In the aftermath of the crash, industrialized nations around the world took measures to
maintain the current size of their workforce.
protect themselves by passing high tariffs.
increase wages by a total of $4 billion.
decrease tariffs, making it easier to import goods
18
How did many of the unemployed feel about receiving handouts during the Great Depression?
happy and relieved
ashamed and angry
rich
hopeful
19
How did dust storms make it difficult to farm in the Great Plains?
They stripped off the topsoil and blew it away.
They covered up the farmers’ crops.
They covered the rooftops with too much dust.
They made the fields too muddy.
20
On October 24, 1929, investors responded to concerns about the economy by
appealing to the Federal Reserve to halt stock sales.
selling off their stocks.
emptying their bank accounts.
buying up more stocks.
21
Loose-knit communities of rustic shacks and tents were called
Dust Bowls.
Hoovervilles.
Hawleyvilles.
cooperatives.
22
“Black Tuesday” referred to the
the Federal Reserve made it difficult to offer margin loans.
collapse of the stock market.
worst dust storm of 1931.
day voters re-elected Herbert Hoover.

Chapter 11 Review Flashcards | StudBud