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Chapter 14 Flashcards | StudBud
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Chapter 14
Chapter 14
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Answers
1
What is the process of borrowing money to purchas stock called?
Dow Jones
Buying on margin
Speculation
Price support
2
Though there was no one cause, what event signaled the beginning of the Great Depression?
World War I
Hoovervilles
Rise of Consumerism
stock market crash
3
What became common in many urban areas for people to get food?
Moonshiners
Direct Relief
Speakeasies
Soup Kitchens
4
During the late 1920s, the gap between the rich and the poor
continued to rise
fell drastically
none of these
saw no difference
5
Which of these authroized $2 billion in emergency federal funding to go to banks and other large businesses?
Federal Farm Board
Dow Jones Industrial Average
Reconstruction Finance Corporation
National Credit Corporation
6
What were the shantytowns called that sprung up during the Great Depression
Coolidge Cabins
Hoovervilles
Roosevelt Ghettos
Hardingvilles
7
How did Hoover initially respond to the Depression?
He did nothing
He immediately closed down banks so they could re-up their cash reserves
Hee immediately passed the Reconstruction Finance Corporation
He immediately signed legislation sending each American money
8
October 29th, 1929
Black Wednesday
Black Monday
Black Tuesday
Black Friday
9
Which of these was a reason for a decline in foregn trade during the Great Depression?
High Tariffs
Germany had to pay reparations
High War Debts
All of these
10
Which of the following was a cause of the Great Depression?
all of the above
crisis in the farming sector
demand for new products was low even though factories were producing more
easy credit and unequal distribution of income
11
Many farmers migrated to ______ and other west coast states.
Nebraska
California
Oklahoma
Ohio
12
Which of these was a cooperative that Hoover backed?
Hawley-Smoot Group
Federal Farm Board
Bonus Army
Dow Jones Industrial Average
13
How did Hoover change as the depression got worse?
He softened up and realized the government had to step in
He resigned the presidency
He stayed strong in his "rugged Individualism" beliefs
He hired Franklin Roosevelt as an advisor
14
After the stock market crash of 1929, Americans
panicked and put all their money in banks
panicked and withdrew their money from banks
remained calm
none of these
15
By the late 1920s, what had changed with American consumers?
They were buying the same
None of these
They were buying more
They were buying less
16
What was the Bonus Army?
The purchasing stock with a little money down
Group of black leaders who unofficially advised Pres. FDR
The economic crisis and period of low business activity
Veterans who marched to Washington in 1932
17
What was the bill called that the Bonus Army supported?
Patman Bill
Patton Bill
Patrick Bill
Patterson Bill
18
What happened to the Bonus Army?
They were awarded their bonuses
They all went home peacefully
They were gassed and assaulted by an army regime
Hoover commended their strength
19
What was the Dust Bowl?
A popular soup in the 1930s
A famous football game that was played in the 1930s
A severe drought in Australia
A severe drought in the Great Plains in the 1930s
20
Which group of people struggled before the Depression, but suffered even more during the Depression?
none of these
farmers
bankers
engineers
21
What is the payment method where you buy now and pay later?
Check
Credit
Cash
Debit
