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Zody The Great Depression and The New Deal Flashcards | StudBud
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Zody The Great Depression and The New Deal
Zody The Great Depression and The New Deal
20 terms
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StudBud Administration
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Unit 6
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
What was the first major action Roosevelt took as president?
He proposed adding 6 more justices to the Supreme Court.
He declared a bank holiday and closed all national banks.
He fired his cabinet.
He kicked the Browns and Steelers out of the NFL.
2
In
Schechter Poultry Corporation v. United States
, the Supreme Court Struck down
the authority of the NRA
Roosevelt's deficit spending
the Glass-Steagall Act
clear and present danger
3
One long range effect of the Great Depression was that many people
became Republicans
became risk takers in the stock market
grew to like President Hoover
developed habits of savings and thriftiness
4
The stock market took its deepest dive on October 29, 1929, the day known as
Black Friday
Bloody Sunday
Red Thursday
Black Tuesday
5
During the Depression, charities created these to give poor people meals
communities
dust bowls
soup kitchens
Salvation Army bell ringers
6
Thousands of World War I veterans came to Washington D.C. in 1932 to lobby Congress to
hire more veterans.
pass legislation giving veterans promised bonuses early.
provide military jobs for family members of veterans
provide public works jobs for unemployed veterans.
7
Which is NOT a cause of the Great Depression?
All Americans shared in the prosperity of the 1920s
Stock prices rose too high too quickly
Farmers received low prices for products during the 1920s
8
Buying on the margin was a method of buying stocks
with cash
without using a broker
with mostly borrowed money
without any risk
9
As a result of the stock market crash, some banks suffered severe losses and
needed to increase interest rates.
tried to attract more depositors.
were forced to close.
opened new branches.
10
Roosevelt's desire to change the political balance on the Supreme Court was called
Keynesian economics.
court-packing plan.
trickle down theory.
recession of 1937.
11
Describes a government system for giving payments or food to the poor?
direct relief
soup kitchen
price Support
Bonus Army
12
During the Great Depression, the overall unemployment rate was about
100%
75%
25%
50%
13
President Roosevelt's policies for ending the Depression became known as the
Square Deal
New Deal
fireside chats
Share our wealth programs
14
Roosevelt's administration favored government
promotion of competition
control of the stock market
involvement in health care
intervention in the economy
15
Which was NOT a cause of the Dust Bowl of the 1930s?
drought
poor farming techniques/farming overproduction
thick layers of prairie grass
high winds
16
Buying stocks on the chance of a quick profit without considering risks is known as
living on credit
speculation
buying on the margin
profit-taking
17
During the Depression, newly homeless people put up communities of shacks they called
Hoovervilles
Bonus Armies
Okie Towns
Bengal Land
18
What does the U.S. officially recognize as getting our country out of the Depression?
the first 100 days
President Roosevelt
first New Deal
World War II
19
A major difference between speculation and investment is that
speculation is illegal while investment is legal
speculation makes money and investment doesn't.
speculation is short term and investment is long term
speculation produces a dividend while investment doesn’t
20
The most important change brought to the United States by the New Deal was
the idea of state's rights gaining influence.
the relationship between Congress and the Supreme Court.
change in relationship between people and national gov't.
the removal of checks and balances.