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USH2 Depression/New Deal Review Flashcards | StudBud
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USH2 Depression/New Deal Review
USH2 Depression/New Deal Review
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1
Wiped out by the Depression and by drought, many penniless families left the Dust Bowl and headed to
California.
the South.
the Midwest.
Washington, D.C.
2
During the Great Depression, many farmers were forced to turn their farms over to...
government agencies.
nonpaying tenants.
banks that held their mortgages.
court officers.
3
In 1929, the top 5% of all US households earned 30% of the nation’s income. This is an example of...
overproduction.
a bull market.
a recession.
an uneven distribution of income/wealth
4
During the '32 presidential campaign, FDR’s confidence that he could make things better contrasted sharply with Hoover's
apparent failure to do anything effective about the Depression.
criticism of Democratic laissez-faire economic policies.
willingness to increase government spending on a massive scale.
limited but real success in addressing problems of the Depression.
5
Hoover didn't want the govt to create as many new jobs as the millions of people needed because that would require...
increased government spending.
reform of federal taxes.
much lower unemployment.
increased government regulation.
6
Although Social Security helped millions, it left out many of the neediest Americans, including about 65% of all...
union members.
African American workers.
immigrants and their children.
elderly Americans.
7
To pay for New Deal programs, President Roosevelt abandoned a balanced budget and began using
direct relief.
deficit spending.
binding arbitration.
the gold standard.
8
During the Depression, newly homeless people put up communities of shacks that they called...
Bonus Armies.
Okie towns.
hobo towns.
Hoovervilles.
9
Under the New Deal, programs and projects stretched from coast to coast. True or false?
False
True
10
Which federal agency provided benefits specific to the South?
Agricultural Adjustment Act (AAA)
Civilian Conservation Corps (CCC)
Tennessee Valley Authority (TVA)
Civil Works Administration (CWA)
11
Buying on margin was a method of buying stocks...
by pooling money with others.
with mostly borrowed money.
without any risk.
without using a broker.
12
Thousands of World War I veterans came to Washington, D.C., in 1932 to lobby Congress to...
provide military jobs for unemployed veterans.
provide public works jobs for unemployed veterans.
enact a bonus for war veterans and their families.
pass legislation giving veterans their promised bonuses early.
13
According to the graph, in what year was the gap between the annual high and the annual low in the stock market largest?
1932
1926
1929
1920
14
The period of March 9-June 16, 1933, when Congress passed 15 major acts to try and end the Depression, was called...
New Nationalism.
First New Deal.
New Freedom.
Hundred Days.
15
The stock market crash weakened the nation’s banks because...
banks depended on their stock for operating funds.
banks had invested their deposits in the stock market.
investors no longer had money to deposit in banks.
investors could no longer afford to take out loans from banks.
16
One legacy of the New Deal is a continuing debate over how much the government should...
address citizens directly through radio and other media.
protect American industries with high tariffs.
intervene in the economy or support the disadvantaged.
provide funding for the visual and performing arts.
17
By 1934 Senator Huey Long of Louisiana began criticizing the New Deal from the left and calling for...
the government to stop interfering with business.
a pension for all citizens over the age of 60.
a massive redistribution of wealth.
the government to balance the budget.
18
Which federal agency provided state and local governments funds for the unemployed?
Civil Works Administration (CWA)
Civilian Conservation Corps (CCC)
Federal Emergency Relief Agency (FERA)
Public Works Administration (PWA)
19
The cartoon above portrays President Roosevelt as a doctor and Uncle Sam as a patient who...
is beginning to recover from a long illness.
remains ill despite many different “remedies.”
does not want the “remedies” the doctor offers.
refuses to follow the doctor’s advice.
20
The cartoon above satirizes (criticizes) which of the following characteristics of the New Deal?
disagreement about what to do among President Roosevelt’s advisers
the examination of banks by federal examiners
the many agencies and programs established under the New Deal
President Roosevelt’s energy and optimism