Which of these factors helped hide economic problems in the 1920's?

Americans purchased many consumer goods on credit

President Hoover responded cautiously to the Great Depression because he

thought that the business cycle would correct itself

Why were banks one of the first institutions to feel the effects of the stock market crash?

people began to lose confidence in economy

What was the chief complaint of conservatives against the New Deal?

made the government too powerful

How did the Indian New Deal reverse the conditions that resulted from the Dawes Act?

Collier helped get laws passed that restored control

Congress instituted the RFC to loan money to

banks so they could lend money to businesses

Which of these factors contributed to the plight of rural farmers?

falling prices for crops and livestock

In 1929, the stock market crashed because

investors lost confidence in the market

What event occurred on Black Tuesday?

Investors sold more than 16million shares of stock

What were the goals of the New Deal?

provide relief, recovery and reform

Farmers contributed to the problems that led to the Dust Bowl by

using intensive farming practices that removed grasses

Which factor contributed to the spread of the Great Depression overseas?

The United States curtailed investment in Europe

The Agricultural Adjustment Act helped farmers because it

sought to end overproduction and raise crop prices

European countries reacted to the Hawley-Smoot Tariff by

passing high protective tariffs

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The Great Depression and New Deal

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Questions 24

Answers

1
Which of these factors helped hide economic problems in the 1920's?
Americans purchased many consumer goods on credit
Farmers sold crop surpluses to pay off their debts
Investors lost confidence in the market
Wages increased at the same pace as worker productivity
2
Which group experienced an early depression in the 1920's
industrial workers
farmers
stock market investors
bank owners
3
How many terms did Roosevelt serve as President?
1
4
2
3
4
What was the destination of most Dust Bowl migrants?
agricultural areas to the north
California's central valley
Kansas City
cities to find work
5
President Hoover responded cautiously to the Great Depression because he
the federal gov't needed to approach recovery
was distracted by the giant dust storms in the Plains
did not have any experience with business methods
thought that the business cycle would correct itself
6
What did President Roosevelt introduce to help retirees?
Works progress Administration
Fair Labor Standards Act
Second New Deal
Social Security Act
7
Why were banks one of the first institutions to feel the effects of the stock market crash?
the Federal Reserve increased interest rates
banks gave out too many loans in the early 20's
After stock market crash, people went to banks
people began to lose confidence in economy
8
What was the chief complaint of conservatives against the New Deal?
brought changes that were too radical for most Americans
promoted free enterprise adn individualism
made the government too powerful
concerned only with saving the banking system
9
How did the Indian New Deal reverse the conditions that resulted from the Dawes Act?
Collier was appointed but did very little
Collier helped get laws passed that restored control
Discouraged practice of Indian religions and customs
It gave Native Americans more plots of tribal land
10
Congress instituted the RFC to loan money to
European nations so that they could pay off debts
banks so they could lend money to businesses
investors could engage in more stock speculation
depostitors could withdraw their savings from banks
11
Which of these factors contributed to the plight of rural farmers?
falling prices for crops and livestock
decreased debt burden
a long rainy season
increased demand for agricultural products
12
In 1929, the stock market crashed because
investors lost confidence in the market
Germany ceased reparation payments to the US
depositors lost their investment and withdrew all savings
the Federal Reserve increased the money supply
13
At the onset of the Great Depression, urban employment
increased slightly
decreased slightly
stayed about the same
increased dramatically
14
What event occurred on Black Tuesday?
Unemployment reached nearly 25 %
The Federal Reserve lowered interest rates
Germany stopped reparation payments to the United States
Investors sold more than 16million shares of stock
15
People likely abandoned this place because
the banks and businesses had closed
the land could not be farmed
they had lost their investments
too many homeless people had moved there
16
What were the goals of the New Deal?
provide relief, recovery and reform
reform the gov't and decrease spending
create schools and protect farmers
increase spending on defense and trade
17
Farmers contributed to the problems that led to the Dust Bowl by
putting down new layers of topsoil
using intensive farming practices that removed grasses
moving off of the plains to find new farmland
damming western rivers and using irrigation techniques
18
President Hoover urged Congress to institute the RFC because the economy suffered from
too much government regulation
over-employment
concentration of wealth in large businesses
a lack of credit
19
How did the uneven distribution of wealth lead to the depression?
Farmers had huge surplus of crops but little demand
Line of credit was easy, caused more debt
wealthy people grew wealthier and had money to spend
all of the above
20
Which factor contributed to the spread of the Great Depression overseas?
American industry reduced production levels
The United States curtailed investment in Europe
Europe increased trade to the United States
Congress lowered tariffs on foreign imports
21
Some Americans blamed the Great Depression on
Facism
Communism
Capitalism
Socialism
22
The Agricultural Adjustment Act helped farmers because it
regulated the stock market and made investments safer
sought to end overproduction and raise crop prices
attracted industry with the promise of cheap power
created jobs for over 2 million U.S. citizens
23
During the 1920's, the United States economy moved through which phase of the business cycle?
peak
contraction
trough
expansion
24
European countries reacted to the Hawley-Smoot Tariff by
passing high protective tariffs
lowering prices on European goods
increasing global trade
importing more American goods

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