All of the following correctly describe early impacts of the Great Depression EXCEPT:

Bank closures, possibly causing inflation

What was Herbert Hoover's reaction to the "Bonus Army"?

Used Army to assist in clearing out the camp

All of following are reasons lack of diversification in American economy was an issue EXCEPT:

U.S. forced 2 trade lots w/ Europe 4 goods U.S. didn't make

All of the following are true regarding President Warren G. Harding EXCEPT:

Was Puritanical in his personal habits

All of the following are true about radical groups during the Great Depression EXCEPT:

General American pop. despised the left & shunned members

When Roosevelt was unhappy with the Supreme Court's decisions, what was the plan he devised?

He wanted to add new justices to the court

All of following r true about FDR's policies towards following groups/impact of policies XCEPT:

NativeAmericans: policy of assimilation

What is the correct definition of speculation?

Investment in hope of high gain but with high risk of loss

All of the following are correct about what individual critics of the New Deal wanted EXCEPT:

Du Pont Family: redistribution of wealth

Which New Deal programs were created to directly provide jobs?

Civil Works Administration and Civilian Conservation Corps

All of the following are actions taken by Herbert Hoover to combat the GD EXCEPT:

Extensive government spending on projects

All of the following are true regarding the "recession of 1937" EXCEPT:

It led to Roosevelt's defeat in the election of 1940

All of the following are impacts of the GD on Hispanic and Asian Americans EXCEPT:

Jobs were scarce in SW b/c immigration from Mexico increased

All of the following are reasons why the GD hit the African American community hard EXCEPT:

Many African Americans moved to South, where work was scarce

All of following are reasons that the international debt structure contributed to GD EXCEPT:

European goods were not in demand in American markets

All of the following reflect the views of Herbert Hoover's speech EXCEPT:

Gov should not be involved in economy even during war

All of following are true regarding President Herbert Hoover's early economic policies EXCEPT:

Believed the government should be active in the economy

Which New Deal programs were ruled at least partially unconstitutional by the Supreme Court?

Agricultural Adjustment Act & National Recovery Admin

Which New Deal programs are still around in some form today?

Tennessee Valley Authority & Social Security

All following were reasons European demand 4 American goods decline in the late '20s EXCEPT:

German blockade prevented American goods from reading Europe

All of following are reasons Franklin D. Roosevelt was popular in the election of 1932 EXCEPT:

He had completely revived NY economy

What was the goal of the "Bonus Army"?

Demand for $1K bonus they had been promised in 1945

All of the following is a reason why credit structure of the econ was cause of the GD EXCEPT:

Banks didn't participate in lucrative stock market of '20s

All of the following were responses to Roosevelt's Supreme Court Plan EXCEPT:

S.Court redoubled efforts 2 declare ND programs unconst.

True or false: the Stock Market crash was the major cause of the Great Depression

False: the crash was a symptom of the econ problems present

What is the job of the Federal Reserve?

Monetary Policy: control of currency/interest rates

All of the following are impacts of the GD on women EXCEPT:

Married women largely encouraged to get jobs outside home

Why was the maldistribution of wealth/purchasing power a problem that led to the GD?

There wasn't a big enough market for goods being produced

All of the following are true regarding President Calvin Coolidge EXCEPT:

Lost the party nomination to Herbert Hoover

All of the following are actions taken by Roosevelt at the beginning of his presidency EXCEPT:

Agricultural Marketing Act & Hawley-Smoot Tariff

All of the following were major purposes of the arts during the Depression EXCEPT:

Challenge traditional ideas about gender and race

All of the following reflect the views of the La Follette Platform EXCEPT:

Private control of nation's resources

All of the following represent impacts of the Great Depression EXCEPT:

Relief orgs were able to meet the demand, but barely

All of following reflect views expressed by Calvin Coolidge in speech we read EXCEPT:

Founding fathers intended gov and business 2 be intertwined

All of following were signs that the economy wasn't in great shape prior to the crash EXCEPT:

Stock market declined throughout '29 ending with crash

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1920s and Great Depression

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Questions 40

Answers

1
All of the following correctly describe early impacts of the Great Depression EXCEPT:
Reduced prices = reduced production = layoffs
Gross National Product plummeted
Bank closures, possibly causing inflation
Unemployment and underemployment
2
Where did the largest New Deal programs take place?
East
South
West
Alaska!
3
What was Herbert Hoover's reaction to the "Bonus Army"?
He let them stay to avoid conflict
Used Army to assist in clearing out the camp
They had already left after Congress voted down proposal
4
All of following are reasons lack of diversification in American economy was an issue EXCEPT:
U.S. forced 2 trade lots w/ Europe 4 goods U.S. didn't make
Newer industries weren't yet ready to pick up slack
Depression possibly lasted b/c new industries not ready
Too much dependence on a few industries (auto, construction)
5
All of the following are true regarding President Warren G. Harding EXCEPT:
Baffled by responsibilities; dominated by party bosses
His administration was plagued by scandals
Was Puritanical in his personal habits
Won nom. b/c party leaders considered him "good 2nd rater"
6
All of the following are true about radical groups during the Great Depression EXCEPT:
American Communist Party softened attitude towards FDR
Anti-radicalism intense in gov/agriculture areas
General American pop. despised the left & shunned members
Socialist Party attempted to mobilize support of rural poor
7
When Roosevelt was unhappy with the Supreme Court's decisions, what was the plan he devised?
Fire all current justices and appoint his own
He wanted to add new justices to the court
He wanted to dismantle the judicial branch
8
All of following r true about FDR's policies towards following groups/impact of policies XCEPT:
NativeAmericans: policy of assimilation
NativeAmericans: agricltrl $ increasd, still had worse land
Women: supported belief women should leave jobs in hardtimes
AfricanAmericans: ND reinforced existing pttrns of discr.
9
What is the correct definition of speculation?
Increase in prices/fall in purchasing value of $
Buying stocks with borrowed money
Reduction in level of prices in an economy
Investment in hope of high gain but with high risk of loss
10
All of the following are correct about what individual critics of the New Deal wanted EXCEPT:
Townsend: pensions for elderly
Du Pont Family: redistribution of wealth
Huey Long: redistribution of wealth
Coughlin: economic reform + harsher policies on big business
11
Which of the following critics of the New Deal thought Roosevelt had gone too far?
Father Coughlin
Dr. Francis Townsend
American Liberty League
Communist & Socialist Parties
12
Which New Deal programs were created to directly provide jobs?
Federal Emergency Relief Agency
Civil Works Administration and Civilian Conservation Corps
Agricultural Adjustment Act and Social Security
13
All of the following are actions taken by Herbert Hoover to combat the GD EXCEPT:
Ineffective agricultural reforms
RFC: lent $ to mostly businesses that had collateral
Extensive government spending on projects
Encouraging "voluntary cooperation" of businesses
14
All of the following are true regarding the "recession of 1937" EXCEPT:
It led to Roosevelt's defeat in the election of 1940
FDR responds 2 econ progrss by cutting fundng 2 balance budg
Cut funding, along w/ other factors, led 2 dip in productn
FDR asked Congress for EMRGNC funding for public programs
15
All of the following are impacts of the GD on Hispanic and Asian Americans EXCEPT:
Jobs were scarce in SW b/c immigration from Mexico increased
Unemployd whites in S.west demanded jobs of HispanicAmericns
Hard for AsianAmericans to get jobs outside of own community
16
All of the following are reasons why the GD hit the African American community hard EXCEPT:
Collapse of prices for staple crops
Traditional patterns of disenfranchisement made worse by GD
African Americans hadn't shared much in prosperity of 20s
Many African Americans moved to South, where work was scarce
17
All of following are reasons that the international debt structure contributed to GD EXCEPT:
Allies unable to pay debts + Cent. pwrs unable 2 pay rprtns
European goods were not in demand in American markets
American banks loan Europe $ 2 pay earlier loans until crash
American gov refused to forgive/reduce war debts
18
All of the following reflect the views of Herbert Hoover's speech EXCEPT:
Socialism would ruin everything great about U.S.
America is great b/c of decentralized gov + free enterprise
Republican econ policies are why U.S. is in such good shape
Gov should not be involved in economy even during war
19
Which of the following describe ways the Stock Market was manipulated before the Crash?
Journalists were paid to describe stocks attractively
All of these!
Wealthy investors would artificially run up stocks
Wealthy investors would "pool" $ together
20
All of following are true regarding President Herbert Hoover's early economic policies EXCEPT:
Encouraged "voluntary cooperation" of businesses
Believed nation was close to ending poverty
Believed the government should be active in the economy
"Associationalism"--national organizations of businessmen
21
Which New Deal programs were ruled at least partially unconstitutional by the Supreme Court?
Agricultural Adjustment Act & National Recovery Admin
Tennessee Valley Authority & Social Security Act
Civil Works Administration & Civilian Conservation Corps
22
Which New Deal programs are still around in some form today?
Tennessee Valley Authority & Social Security
Civil Works Admin & Civilian Conservation Corps
23
All following were reasons European demand 4 American goods decline in the late '20s EXCEPT:
Some European countries having own financial difficulties
Some European industry/agriculture becoming more productive
Europe destabilized by post-WWI debt structure
German blockade prevented American goods from reading Europe
24
All of following are reasons Franklin D. Roosevelt was popular in the election of 1932 EXCEPT:
He had completely revived NY economy
Avoided divisive issues/emphasized shared issues
Herbert Hoover's UNpopularity
Energetic;people thought he'd be more active in combating GD
25
What was the goal of the "Bonus Army"?
Removal of Herbert Hoover from office
Reform of the broken financial system
Back pay they were due from WWI service
Demand for $1K bonus they had been promised in 1945
26
All of the following is a reason why credit structure of the econ was cause of the GD EXCEPT:
Small banks in trouble as customers defaulted
Banks didn't participate in lucrative stock market of '20s
Farmers in debt/crop prices too low to pay
After crash: banks called in loans borrowers couldn't pay
27
All of the following were responses to Roosevelt's Supreme Court Plan EXCEPT:
The American people were split on the plan
Political damage 2 his admin;made harder 2 get legisl. passd
S.Court redoubled efforts 2 declare ND programs unconst.
28
True or false: the Stock Market crash was the major cause of the Great Depression
False: the crash was a symptom of the econ problems present
True: there were no signs of economic distress until crash
29
What is the job of the Federal Reserve?
Fiscal policy: way gov manages econ thru tax, spending, etc
Monetary Policy: control of currency/interest rates
30
All of the following are impacts of the GD on women EXCEPT:
Female industrial workers more likely to lose job/wages
Women had to raise families alone as some men deserted them
Married women largely encouraged to get jobs outside home
African American women more likely to lose jobs
31
Why was the maldistribution of wealth/purchasing power a problem that led to the GD?
There wasn't a big enough market for goods being produced
Goods sold in foreign markets b/c Americans couldn't afford
It wasn't; the $ spent by the wealthy "trickled down" 2 poor
32
All of the following are true regarding President Calvin Coolidge EXCEPT:
Succeeded Harding after the latter's death
Very inactive as president
Believed gvmnt should interfere little as possible in econ
Lost the party nomination to Herbert Hoover
33
All of the following are actions taken by Roosevelt at the beginning of his presidency EXCEPT:
Truth in Securities Act + Established SEC
Economy Act and Glass-Steagall Act
Agricultural Marketing Act & Hawley-Smoot Tariff
"Bank Holiday" and Emergency Banking Act
34
All of the following were major purposes of the arts during the Depression EXCEPT:
Show devastation of rural poverty
Challenge traditional ideas about gender and race
Document the social conditions of the Depression
Provide an escape from reality of Depression
35
All of the following are important impacts of the New Deal EXCEPT:
Turned Democratic party into mighty coalition
Increased gov. reg. of economy + helped stabilize industries
Reversing the Great Depression
Created programs like Social Security
36
All of the following reflect the views of the La Follette Platform EXCEPT:
Monopolies have reps who act against Const/people's rights
Farms are failing b/c of the focus on business
Cutting taxes for individuals/legit businesses
Private control of nation's resources
37
All of the following represent impacts of the Great Depression EXCEPT:
Many farmers left their homes due to GD + Dust Bowl
Relief orgs were able to meet the demand, but barely
Cities virtually paralyzed by unemployment
38
All of following reflect views expressed by Calvin Coolidge in speech we read EXCEPT:
U.S. revived Europe economically after WWI
Gov and business should be separate
America has the "duty" to "help" the world economically
Founding fathers intended gov and business 2 be intertwined
39
What action did the Federal Reserve board take after the stock market crash?
Lowered interest rates
Lowered taxes
Raised interest rates
Raised taxes
40
All of following were signs that the economy wasn't in great shape prior to the crash EXCEPT:
Drop in farmers' incomes due to surplus
Market dips in March of '29 that forced bailout
Stock market declined throughout '29 ending with crash
Key industries weren't doing well

1920s and Great Depression Flashcards | StudBud