stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
AH Ch 14 Great Depression Flashcards | StudBud
Explore
/
AH Ch 14 Great Depression
AH Ch 14 Great Depression
34 terms
·
StudBud Administration
·
612 plays
Imported from external platform
Flashcards
34 cards
F
Practice quiz
P
Host live
L
Questions
34
Answers
1
From 1924 to 1940, the economy plummeted and unemployment skyrocketed during
Great Depression
Black Fridays
Black Tuesdays
Great Recession
2
When Hoover forced the Bonus Army to Disband it became known as Black Friday.
True
False
3
Herbert Hoover's response to the Depression Era Economy was based on a belief in
direct government relief
voluntary cooperation
the golden rule
separation of church and state
4
Extremely risky business transactions made with the chance of quick or considerable profits.
A Sure Thing
Safe Bet
Savings Bonds
Speculation
5
This term specifically refer to the stock market crash of October 29, 1929.
Black Monday
Black Friday
Black Tuesday
Red Thursday
6
As a result of the Great Depression many people started farming.
True
False
7
A long term effect of the Great Depression was that many ....
grew to like Hoover
came to desire small government
became risk takers in the stock market
developed a savings habit
8
The Hawley-Smoot Tariff had the effect of a substantial increase in US exports.
False
True
9
The Dow Jones Industrial Average is considered a measure of the stock market's health.
True
False
10
Which of the following increased in the 1920s?
prices for farm products
domestic demand for US farm products
foreign demand for US farm products
farmers debts
11
The Federal Home Loan Bank Act
increase the value of homes and farms
prevent farmers and homeowners from losing their property.
make it easier for banks to foreclose on farms and homes
encourage new construction
12
On indicator of a weak economy in the 1920's was a decline in Housing Starts (New Homes)
False
True
13
Which describes a government system for giving payments or food to the poor?
rugged individualism
direct relief
price support
Bonus Army
14
Which was NOT a cause of the Dust Bowl?
thick layers of prairie grass
overproduction of crops
high winds
drought
15
Reduced the flow of goods into the US & prevented other countries from buying our goods
Price Supports
Stubid Taxes
Equilibrium Price
Hawley-Smoot Tariff Act
16
Farmers and sharecroppers who left the dust bowl to find work in the west were known as Okies
True
False
17
Causes of the farming crisis of the 1920s included the fact that
demand for crops fell after WWI
federal price-supports of corn & wheat were not effective
most people didn't own electronic refrigerators
the Dust Bowl took a lot of land out of production
18
Buying Stocks on the chance of quick profit without understanding the risks is known as
profit-seeking
speculation
buying on margin
living on credit
19
Congress tried to pass the McNary-Haugen bill, Which would have mandated this on key crops.
Equilibrium Price
Stubid Taxes
Price Supports
Artificially Low Prices
20
During the Depression, Charities tried to help the urban poor by holding online fundraisers
True
False
21
Who made up the Bonus Army that marched on Washington?
farmers forced off their land by dust storms
business and labor leaders who agreed to work together
unemployed industrial workers and their families
WWI veterans and their families
22
Buying on Margin means...
buying the stock from someone else
purchasing the stock outside the regular stock excahnge
paying less than the market price for a stock
borrowing money to help pay for a stock
23
President Hoover did NOT support Direct Relief.
False
True
24
After the stock market crash, how did President Hoover try to help the economy?
by asking businesses not to lay off employees
by funding handouts of food and clothing
by closing banks
by lowering foreign tariffs
25
The Reconstruction Finance Corporation existed mainly to give emergency help to large business
False
True
26
The Hawley Smoot Tariff Act led to...
a dramatic drop in world trade
an unequal distribution of income in the United States
Hoover's reelection as president
more demand for American manufactured goods
27
Which was NOT a cause of the Great Depression?
the availability of easy credit
tariffs on foreign goods
a crisis in the farm sector
a growing number of homeless people
28
The Stock Market Crash of 1929 was fueled by Price Supports as unwise investments.
True
False
29
During the Great Depression, overall unemployment was about
10%
60%
25%
50%
30
Which WAS NOT an important cause of the Great Depression?
tariffs on foreign imports were lowered
both individuals & business built large debts due to credit
the stock market crashed
Federal government did not insure people's bank accounts
31
Arrangement where consumers agree to buy now & pay for purchases later often using installments
Credit
Debit
Scamming
Cash Transaction
32
By calling the shantytowns "Hoovervilles" people were conveying
patriotism
respect for Hoover
disgust with Hoover
trust in Hoover
33
This Republican won the presidential election of 1928.
Herbert Hoover
Mitt Romney
George W. Bush
Alfred E. Smith
34
Psychological Stress caused a rise in the # of
Bank Closures
Suicides
Bread Lines
Dust Storms
