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The Great Depression Flashcards | StudBud
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The Great Depression
The Great Depression
20 terms
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StudBud Administration
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177 plays
Review of the Great Depression and the New Deal #greatdepression #newdeal
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Not interfering with growth of business is called
deja vu
cafe au lait
laissez faire
États Unis
2
Which is a long term effect of the Great Depression?
increased presidential power
all are true
Long-term gov’t programs
Fear of the future by Americans
3
the production of one or just a few goods and services
incentive
specialization
productivity
income
4
an excess of production or supply over demand
tariff
productivity
scarcity
surplus
5
the state of in short supply
scarcity
surplus
tariff
advantage
6
What event finally ended the Great Depression?
The end of the recession
The Election of FDR
The Second New Deal
World War II
7
Radio broadcasts made by FDR to the US were called
Live from Washington, DC
Swimming pool chats
All points bulletins
Fireside chats
8
a decrease in the supply of money or financial instruments redeemable in money
deflation
standard of living
inflation
sources of wealth
9
Risk of loss is offset by the possibility of a huge gain
speculation
tradeoffs
productivity
specialization
10
What were two causes of debt?
Gambling and speculation
installment buying and speculation
Buying with credit and installment buying
paying for college education and home loans
11
Hoover believed that people should rely on themselves which he called
having faith
resourcefulness
"not being lame"
rugged individualism
12
After WWI, US labor unions were associated with
Veterans
Conservatism
Communism
Democracy
13
Buying stocks with a down payment and with the use of credit is known as
foreclosure
laissez faire
speculation
buying on margin
14
Where an individual can do a particular economic activity more efficiently than another
factors of production
specialization
profit motive
comparative advantage
15
After WWI, over production led farmers to experience
defaulting on loans
loss of revenue
all are true
reduction in prices
16
Which was a goal of the New Deal?
Relief
all are true
Reform
Recovery
17
What percentage of the population was unemployed during the Great Depression?
50
75
25
15
18
Shantytowns that homeless people built during the Great Depression were nicknamed
Levittown
Hoovervilles
Bouldervilles
Hobo Towns
19
Sacco and Vanzetti were convicted of murder in part because of
All evidence pointed to them
Their sworn confession
Eyewitness testimony that put them at scene
Anti-immigrant sentiment
20
belief that increased government spending and lower taxes to stimulate demand
Coolidge economics
Hoover economics
Keynesian economics
Harding economics
