The bonus army marchers wanted...

Early payment of their World War I bonuses

The Reconstruction Finance Corporation was the first Federal agency to...

Stimulate the economy during peacetime

The Reconstruction Finance Corporation failed because it-

Was too cautious and did not lend enough money.

A foreclosure is when...

Creditors reclaim ownership of property

During FDR's first hundred days, Congress attempted to help the economy by passing-

15 pieces of legislation and programs

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US History: Great Depression 1

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Questions 12

Answers

1
Trivia: what is a Hooverville?
A shanty town
An amusement park
President Hoover's birth birth place
A gated community
2
The bonus army marchers wanted...
Better pay for soldiers
To retire early from the military
Early payment of their World War I bonuses
3
The stock market crash occurred on...
Black Friday, 1929
October 27, 1929
October 21, 1927
October 29, 1929
4
The Reconstruction Finance Corporation was the first Federal agency to...
Leave people to fend for themselves
Stimulate the economy during peacetime
5
Which of the following was meant to prevent bank runs?
Bank closures
Bank holidays
Armed guards
6
Trivia: what is a "Hoover flag"?
A torn American flag
A newspaper
An ad for a breadline
An empty pocket
7
The Reconstruction Finance Corporation failed because it-
Was too frivolous and lent out too much money.
Didn't lend money to anyone earning less than $5000/ year.
Was too cautious and did not lend enough money.
Was a dumb idea and never would've worked in the first place
8
Trivia: what was a "Hoover blanket"?
A shanty town
Toilet paper
A moldy quilt
Newspaper
9
A foreclosure is when...
Creditors reclaim ownership of property
Borrowers are given a second chance to pay back a loan
10
Government funded building projects designed to create jobs are known as...
Boondoggles
Volunteerism
Make work projects
Public works
11
The _______________ was the highest in American history. It reduced exports significantly.
"Voodoo" economic plan
North American Free Trade Agreement
Laffer curve
Hawley-Smoot Tariff
12
During FDR's first hundred days, Congress attempted to help the economy by passing-
A resolution to oppose FDR
All responsibility onto former president Hoover
Universal healthcare
15 pieces of legislation and programs

US History: Great Depression 1 Flashcards | StudBud