Which was NOT a cause of the Great Depression?

The U.S. abandoning the Gold Standard

Roosevelt believed in Relief programs because

They restored the moral dignity of unemployed workers

How did Roosevelt differ from Hoover in dealing with the Great Depression?

Roosevelt saw it necessary for intervention in the economy

Agricultural Adjustment Act

Reduced crop supplies to stabilize prices and help farmers

What is a lasting effect of the New Deal?

Federal Gov't became larger and took a more active role

Fair Labor Standards Act

Established minimum wage and ended child labor

What was a major criticism of the New Deal?

Gave too much power to the Federal Gov't, Put the country into too much debt

Why is buying on margin risky?

If the stock market crashes, the money borrowed is gone

Why did Roosevelt try to "pack the court?"

So his New Deal policies wouldn't be struck down by the S.C.

How do we remember the New Deal?

It brought relief to some Americans

Which was a cause of the Dust Bowl?

Decades of poor land management resulting in severe erosion

Federal Deposit Insurance Corporation

Protected peoples' bank deposits from bank failures

Why did the Hawley-Smoot tariff backfire?

Europe wouldn't trade with the U.S.

How would Rugged Individualism get the U.S. out of the Great Depression?

Consumers and producers would lead the way with out gov't

Due to the Dust Bowl and massive unemployment people...

Migrated to find work within the U.S.

The Hawley-Smoot Tariff was meant to...

Encourage people to buy American products

Spending more than you are making in revenue

Which of these compounded the losses of the Stock Market crash?

People had bought stock on margin

Securities Exchange Commission

Regulates the sales of stocks and bonds in the Stock Market

The Tennessee Valley Authority provided relief by

creating jobs and providing electricity to rural communities

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Great Depression

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Questions 36

Answers

1
Which president believed in Rugged Individualism? (Laissez-Faire)
Herbert Hoover
Calvin Coolidge
Franklin Roosevelt
Theodore Roosevelt
2
Which New Deal program built parks, dams, and focused on outdoor projects?
CCC
AAA
NRA
FEMA
3
Which was NOT a cause of the Great Depression?
Tariff on foreign goods
The U.S. abandoning the Gold Standard
Availability of credit
Stock market crash
4
Roosevelt believed in Relief programs because
Rugged Individualism would save the economy
They restored the moral dignity of unemployed workers
provided safe travel of migrants
restored faith in banks
5
How did Roosevelt differ from Hoover in dealing with the Great Depression?
Roosevelt criticized the wealthy for causing it
Roosevelt wanted to create a Socialist form of government
Roosevelt saw it necessary for intervention in the economy
Roosevelt didn't want to spend as much money as Hoover had
6
Which was not one of the three goals of the New Deal?
Relief
Recovery
Revolution
Reform
7
Agricultural Adjustment Act
Encouraged farmers to sell their crops to Europe
Encouraged farmers to sell their crops at a lower price
Aimed to plant more crops to end the Dust Bowl
Reduced crop supplies to stabilize prices and help farmers
8
Which was NOT a sign of economic weakness in the 1920's?
Slowing of the Housing Market
Uneven distribution of income
Increasing amounts of people defaulting on loans
Unemployment rate dropping
9
Hooverville's symbolized the federal government's failure to provide relief for Americans
True
False
10
Roosevelt's addresses to the nation by radio during the Great Depression?
State of the Union
Fireside Chats
NPR
Twitter
11
What is a lasting effect of the New Deal?
Federal gov't spent more money than it brought in
Fed gov't became smaller and was less involved in economy
Federal gov't started saving money
Federal Gov't became larger and took a more active role
12
What ended the Great Depression?
The rebound of the Stock Market
World War II
Rugged Individualism
The New Deal
13
Fair Labor Standards Act
Protected immigrants
Created the SEC
Established minimum wage and ended child labor
Encouraged child labor and abolished the minimum wage
14
This happens in economic downturns...
Federal government raises taxes
Interest rates for loans increase
Unemployment rises
People leave the country for better opportunity
15
What was a major criticism of the New Deal?
Didn't spend enough money to help Americans
Gave too much power to the Federal Gov't
Put the country into too much debt
Didn't allow the Federal Gov't to do enough
16
Why is buying on margin risky?
If the stock market crashes, the money borrowed is gone
Your stock portfolio won't be diverse enough
Banks won't accept your money
It is illegal in every city except New York
17
Bank or lender takes ownership of a possession due to failure to make payments, this is called?
Foreclosure
Defaulting
Buying on margin
Mortgage
18
Why did Roosevelt try to "pack the court?"
To insure the next president wouldn't undo everything he did
To change to way our government functions in the future
So his New Deal policies wouldn't be struck down by the S.C.
Because he was a tyrannical and wanted to seize power
19
How do we remember the New Deal?
It ended the suffering for all Americans
It ended the Depression
It was completely ineffective
It brought relief to some Americans
20
This regulated competition and production within industries to help promote economic recovery.
National Recovery Act
Glass Steagal Act
TVA
NLRA
21
Which was a cause of the Dust Bowl?
Excessive rains over the Midwest
Decades of poor land management resulting in severe erosion
Migration to California for work and land
The crash of the stock market
22
Federal Deposit Insurance Corporation
Created jobs in the Tennessee River Valley building dams
Protected peoples' bank deposits from bank failures
Ended child labor
Put restrictions on how banks can invest your money
23
Why did the Hawley-Smoot tariff backfire?
Europe wouldn't trade with the U.S.
The tariffs should have been lower
The tariffs weren't high enough
It bolstered other country's economies
24
What was the result of Hoover's response to the Bonus Army protesters?
Protesting became a popular form of voicing opinions
His popularity increased
People stopped protesting because it was useless
His popularity declined
25
How would Rugged Individualism get the U.S. out of the Great Depression?
One wealthy tycoon would spread his wealth to others
People would take up more blue collar jobs
The government would spend money on programs for employment
Consumers and producers would lead the way with out gov't
26
Due to the Dust Bowl and massive unemployment people...
Re-elected Hoover to fix it
Looted and committed crime to make a living
Fled to Mexico for work
Migrated to find work within the U.S.
27
People pay for this with their income taxes and is a pension one receives upon retirement
Stock portfolio
Roth IRA
Social Security
401K
28
FDR's programs to end the Great Depression are called
Big Stick Diplomacy
The New Deal
Rugged Individualism
Return to Normalcy
29
The Hawley-Smoot Tariff was meant to...
Lower taxes on imported goods
Encourage people to buy American products
Cause Europe to stop trading with the U.S.
Make the Great Depression a global phenomenon
30
Allows the president to close banks to stabilize and evaluate for various factors
Glass Steagall Act
WPA
CCC
Emergency Banking Act
31
Deficit Spending
Spending more than you are making in revenue
Spending on stocks that have been performing poorly
Saving more than you spend
Spending less than you are making in revenue
32
Which of these compounded the losses of the Stock Market crash?
People had started to mistrust banks and already had money
People had bought stock on margin
People had savings accounts outside of the stock market
People had bought stock in different cities
33
What happened on Black Tuesday, 1929?
The stock market crashed
Protests in New York led to a massacre
Babe Ruth hit a home run to win the Yankees a World Series
It's the day after Thanksgiving
34
This program most notably created jobs for Americans
AAA
NLRA
Emergency Banking Act
Works Progress Administration
35
Securities Exchange Commission
Boosted funding for National Defense
Regulates banks investing in the stock market
Created the National Guard
Regulates the sales of stocks and bonds in the Stock Market
36
The Tennessee Valley Authority provided relief by
building schools and hospitals
creating jobs and providing electricity to rural communities
built national parks
protecting natural resources

Great Depression Flashcards | StudBud