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US2 Great Depression Flashcards | StudBud
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US2 Great Depression
US2 Great Depression
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A #socialstudies #blindquiz to discuss the #history of #greatdepression
Flashcards
21 cards
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Practice quiz
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Questions
21
Answers
1
During the Depression, newly homeless people put up communities of shacks called _____.
Brokevilles
Hoovervilles
Troubletowns
Poortowns
2
This is the nickname for the period when a terrible drought affected the Midwest
Dirt Devil
Big Empty
Dust Bowl
Wastelands
3
The stock market took its deepest dive on a day that became known as-
Bloody Sunday
Black Tuesday
Black Friday
Red Thursday
4
Stock prices began to decline in late 1929 because ______.
investors began to sell their stock.
stockbrokers stopped margin loans.
several companies went bankrupt.
company earnings declined.
5
Who painted
American Gothic
?
Grant Wood
James Cameron
Salvador Dali
Jeremy Planter
6
This is a writer who showed what characters were thinking before they spoke.
William Faulkner
Stephen King
Rupert Brooke
F. Scott Fitzgerald
7
When people make investments in hopes that prices will go up making a quick windfall profit
bull market
interest rates
production possibilities
speculation
8
A long period of rising stock prices is known as a
bull market
bear market
bank run
speculation
9
As a result of the crash, some banks suffered more losses than they could absorb and-
were forced to close
had to approve new loans
tried to attract new customers
needed to increase interest rates
10
When many depositors decide to withdraw their money at the same time
margin call
bear market
bank run
overproduction
11
This was set up in 1932 to allow the government to make loans to business.
Reconstruction Finance Corporation
Emergency Relief & Construction Act
Works Progress Administration
Tennessee Valley Authority
12
This was reluctantly signed by Hoover to supply relief funds to states.
Reconstruction Finance Corporation
Works Progress Administration
Emergency Relief & Construction Act
Housing Act
13
This happens when companies make more goods than people can buy
overproduction
bank run
collateral damage
speculation
14
During the crash, the gov't didn't insure bank deposits so-
customers turned to stockbrokers for help
banks kept only a fraction of depositor's money in reserve
only the banks with integrity survived
banks had to make money by making loans & investing
15
This man led the troops that dispersed the Bonus Army.
John Ford
Jared Linklater
Douglas MacArthur
William Westmoreland
16
A name for migrants from the Great Plains heading west in search of better lives.
Railroad Bulls
Hitchhikers
Fellow Travelers
Okies
17
Stockbrokers who made loans that allowed investors to buy stock could issue a __ call
margin
credit
collateral
foreclosure
18
If these remain low, banks tend to make risky loans & companies expand too much
margin call
bull market
interest rates
overproduction
19
Buying on margin was a method of buying stocks-
without any risk
without using a broker
with mostly borrowed money
by pooling money for others
20
These people invested in stocks, betting that the market would climb so they could make a quick profit.
Watchmen
Speculators
Okies
Stockbreakers
21
Painter of the 1930s who was part of the regionalist school; painted
American Gothic.
John Fuller
Robert Hartman
Paul Norman
Grant Wood