Which of the following did the rise in homelessness result in?

laid-off workers losing their homes.

What is disposable income?

Money to spend on consumer goods

Why did FDR declare a “bank holiday” early in his administration?

to inspect the financial health of the banks

Which of the following was a fundamental disagreement between Hoover and FDR during the 1932 Presidential election?

Whether or not the federal government should try to fix people’s problems.

During the Great Depression, what did expressions such as Hoovervilles suggest about President Hoover?

He was blamed for the suffering of the poor

How did most people react to a sudden fall in stock prices in 1929?

They raced to pull their money out of banks

What was the general mood in America throughout most of the 1920s?

confident that business would bring continued prosperity.

What did President Roosevelt do in his first 100 days in office?

called in a “Brain Trust” of professors to discuss how to help the economy.

What was the purpose of President Roosevelt’s fireside chats?

radio programs used to explain his programs & policies to Americans

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Great Depression & New Deal Review #2

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Questions 15

Answers

1
How did the collapse of the American economic system impact the world?
affected only the German economy.
boosted American investment in Europe.
increased demand for American-made goods
led to a worldwide depression.
2
What did the Twenty-first Amendment bring an end to in 1933?
Prohibition.
stock speculation.
the Depression.
the United States Communist Party.
3
Where was the Dust Bowl?
along the East Coast
in the Southwest
in the Northwest
in the Great Plains
4
Which of the following did the rise in homelessness result in?
laid-off workers losing their homes.
high interest rates.
a decline in housing construction.
increased immigration.
5
What is disposable income?
Money borrowed from a bank
Money lost in the stock market
Money to spend on consumer goods
Money paid in federal taxes
6
Why did FDR declare a “bank holiday” early in his administration?
to weaken the banking industry
to inspect the financial health of the banks
to cut off the use of cash
to give people in the banking industry a well-earned vacation
7
Which New Deal act provided pension for retired workers, aided people w/ disabilities & created unemployment insurance?
Fair Labor Standards Act
Social Security Act
National Labor Relations Act
Public Works Administration
8
Which of the following was a fundamental disagreement between Hoover and FDR during the 1932 Presidential election?
Whether or not Americans should offer aid to European economies.
Whether or not the federal government should try to fix people’s problems.
Whether or not the U.S. should join the League of Nations.
Whether or not the Depression existed.
9
During the Great Depression, what did expressions such as Hoovervilles suggest about President Hoover?
He used the military to aid the unemployed
He was blamed for the suffering of the poor
He supported relief and public housing for the needy
He was seen as a role model
10
What did FDR promise to Americans during the 1932 election?
a New Deal for Americans.
to lower taxes.
a White House conference on business.
to repeal of the Hawley-Smoot Tariff.
11
How did most people react to a sudden fall in stock prices in 1929?
They pledged their stocks as collateral.
They raced to pull their money out of banks
They called in their loans.
They pooled money to buy stock.
12
What practice did many Americans participate in before the stock market crashed in October 1929?
Selling stocks shortly after purchasing them
Selling homes and cars to purchase stocks
Buying stocks on credit
Buying stocks only in oil companies
13
What was the general mood in America throughout most of the 1920s?
confident that business would bring continued prosperity.
concerned with economic danger signs.
worried that the stock market would crash.
delighted that wealth was evenly distributed.
14
What did President Roosevelt do in his first 100 days in office?
avoided direct action and sent problems to committees for study.
called in a “Brain Trust” of professors to discuss how to help the economy.
abolished the banking system and government building projects.
concentrated on programs that strengthened big business.
15
What was the purpose of President Roosevelt’s fireside chats?
radio chat about FDR’s life used to convince people he was not crippled
radio announcements used to persuade the world to support his plan
private chats used to convince major critics to change their minds
radio programs used to explain his programs & policies to Americans

Great Depression & New Deal Review #2 Flashcards | StudBud