One main purpose of the Townsend plan was to

free up jobs for the unemployed

In 1932 farmers on the Great Plains began to lose their crops because

the soil dried up due to a lack of rain and poor farming methods

Franklin Roosevelt's "court-packing plan" was a serious mistake because

it appeared to interfere with the Constitution's balance of power

To regulate the stock market, the Roosevelt Administration created the

Securities and Exchange Commission

The Home Owners' Loan Corporation

lengthened the mortgage repayment term and lowered rates for the employed

The purpose of the Reconstruction Finance Corporation was to

make loans to banks, railroads, and agricultural institutions

Stock prices first began to decline in late 1929 because

investors began to sell their stock rapidly

When the Senate voted the new bonus bill down, many veterans waiting outside the capitol building

refused to leave, remaining on the capitol

During the Depression, many state governors declared "bank holidays" to

prevent bank runs and give time for banks to recover

Thousands of World War I veterans came to Washington in 1932 to lobby Congress to

pass legislation giving veterans their promised bonus early

President Hoover hoped that public works would

provide jobs lost in the private sector

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Unit 5 Review

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Questions 16

Answers

1
The Agricultural Adjustment Administration tried to help farmers by
paying them not to grow crops
buring farm surpluses
requiring more acres to be farmed
paying them to grow more crops
2
One main purpose of the Townsend plan was to
nationalize the banking system
end public works programs
end pensions for retired people
free up jobs for the unemployed
3
Most economists agree that one key cause of the Depression was
overproduction
inflation
deflation
overconsumption
4
FDR triggered a new economic downturn in 1937 by
increasing taxes
decreasing government spending
decreasing taxes
increasing government spending
5
In 1932 farmers on the Great Plains began to lose their crops because
the soil was too heavy
frequent rains eroded the soil
the soil dried up due to a lack of rain and poor farming methods
a wheat fungus devastated the fields
6
Who was the Catholic priest who encouraged more drastic reforms than those of the New Deal
Francis Townsend
Huey Long
Charles Coughlin
Harry Hopkins
7
Franklin Roosevelt's "court-packing plan" was a serious mistake because
it appeared to interfere with the Constitution's balance of power
the angry judges reacted by striking down much of the New Deal plan
the angry judges struck down the plan as unconstitutional
many Americans opposed the idea of forced retirement
8
To regulate the stock market, the Roosevelt Administration created the
Federal Trade Commision
Social Security Administration
Securities and Exchange Commission
National Recovery Administration
9
The Home Owners' Loan Corporation
provided money to help the unemployed pay their mortgages
provided low-cost loans to help homeless people buy a home
lowered mortgage rates when people lost their jobs and could no longer pay
lengthened the mortgage repayment term and lowered rates for the employed
10
The purpose of the Reconstruction Finance Corporation was to
administer public assistance programs for the unemployed and the homless
manage public works projects
regulate the stock market
make loans to banks, railroads, and agricultural institutions
11
Stock prices first began to decline in late 1929 because
Stockbrokers stopped margin loans
company earning declined
investors began to sell their stock rapidly
several companies went bankrupt
12
When the Senate voted the new bonus bill down, many veterans waiting outside the capitol building
rioted and burnded several public buildings
refused to leave, remaining on the capitol
fixed bayonets on their service rifles and prepared to fight
left peacefully
13
During the Depression, many state governors declared "bank holidays" to
give bank employees a break
prevent bank runs and give time for banks to recover
help the Federal Reserve
reduce the value of the dollar
14
During the Great Depression, when a bank collapsed,
the government covered the bank's debt
the government stepped in to run the bank
the government repaid deposits on insured accounts only
depositors lost their savings
15
Thousands of World War I veterans came to Washington in 1932 to lobby Congress to
pass legislation giving veterans their promised bonus early
enact a bonus for war veterans
provide public works jobs for unemployed veterans
provide military jobs for unemployed veterans
16
President Hoover hoped that public works would
spur the construction industry
solve the budget deficit
help the stock market
provide jobs lost in the private sector

Unit 5 Review Flashcards | StudBud