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His 102 - Review 2 (Depression) Flashcards | StudBud

Explore/His 102 - Review 2 (Depression)

What was President Herbert Hoovers response to the outbreak of the Great Depression in 1929?

Franklin Delano Roosevelt was elected to the presidency of the U.S.

His 102 - Review 2 (Depression)

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Answers

1
Franklin Delano Roosevelt was elected to the presidency of the U.S.
For two terms between 1920 and 1928
for four terms between 1933 and 1945
for one term between 1945 and 1949
For three terms between 1924 and 1934
2
What was President Herbert Hoovers response to the outbreak of the Great Depression in 1929?
Provided direct relief to victims of poverty
Refused to regulate the U.S. economy
Full-blown Socialism
Jubilation
3
The Stock Market crash on Wall Street was part of a much larger
desire to increase federal involvement in the U.S. economy
Communist conspiracy
concerted reliance on Keynesian economic policy
depression in Europe, particularly in England and Germany
4
FDR's New Deal Program
all of the above
decreased government spending
reversed Hoover's previous consumer capitalism policy
enacted more laws than any other administration in history
5
How did the U.S. help European economies stay afloat in the aftermath of WW1?
The U.S. forgave all English and French debts
The Dawes Plan sent billions in loans to Germany
The Marshall Plan offered aid to all democratic countries
The U.S. did not help Europe recover after the Great War
6
British economist John Maynard Keynes advised governments that
depressions are unavoidable
the best way to get out of depression is deficit spending
recovery is quicker when the government doesn't get involved
the key to economic success is hard money