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Great Depression Chapter Review Flashcards | StudBud
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Great Depression Chapter Review
Great Depression Chapter Review
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#greatdepression #hallinghistory #greatdepressionexam
Flashcards
42 cards
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Questions
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Answers
1
What was the final
major
event that greatly hurt Hoover’s chances of being reelected?
Hoover signing the Federal Loan Bank Act
Hoover authorizing the construction of the Hoover Dam
Hoover turning federal troops against the Bonus Army
2
What was one effect of the wage cuts and unemployment of the 1930s?
Banks pardoned thousands of farm mortgages.
The divorce rate nearly tripled.
Most industries gave top jobs to married women.
Hoovervilles sprang up in the nation’s cities.
3
A major environmental crisis of the 1930s was known as
the Dust Bowl.
Black Tuesday.
the Great Crash.
the Grapes of Wrath.
4
When the Stock Market began to drop sharply in late October 1929,
bankers pardoned personal loans and mortgages.
President Hoover warned Americans to stop investing.
investors bought record shares of stock.
investors raced to get their money out of the stock market.
5
What is the Associative State?
When gov't & private business work together to build public works
When gov't raises tariffs on imported goods
When farmers join together in cooperatives
When gov't gives $2 billion to struggling banks
6
Throughout most of the 1920s, Americans were generally
confident that business would bring continued prosperity.
delighted that wealth was evenly distributed.
concerned with economic danger signs.
worried that the stock market would crash.
7
How much money did the Reconstruction Finance Corporation (RFC) authorize?
30 dollars.
2 million dollars
30,000 dollars
2 billion dollars
8
New way of buying products that started prior to the Depression
Buying on margin
Pay as You Go
Layaway
Installment
9
What had Hoover urged farmers to join even before the Great Depression hit to help?
Voluntary Cooperatives
Associative State
Smmoth-Hawley-Bueller Act
RFC
10
What was Black Tuesday
The day the government collapsed
3 days before Thursday
Day the stock market crashed
Record number of shares traded preceding the Depression
11
What became of the Dust Bowl farmers who were forced to leave and move out West?
Migrant farmers; living in cars/tents, looking for work
they became sharecroppers
They became tenant farmers; renting land.
They were called Arkies
12
What was The Grapes of Wrath
A book about sour wine
A period piece about a family's struggle to find work
Book about farmers from Dust Bowl migrating to California
Book about struggles to find work in the Great Depression
13
Black Tuesday was the day the stock market crashed
False
True
14
Who was the “Bonus Army”?
Factory workers looking to get a raise
Politicians banning American workers from get raises
WWI veterans demanding to be paid for their service
15
Which statement best describes the American economy in the 1920s?
Wages decreased and the economy appeared weak.
Small businesses dominated American industry.
Stock prices rose and the economy appeared healthy.
16
What is an example I gave you for farmers cooperatives?
Simply
Florida's Natural
Tropicana
Minute Maid
17
How did Hoover address the public after the economic crash?
Said producers & consumers would fix the economy;don't worry
Pretend nothing is happening and go about with their lives
With panic and riot through the streets
18
What was the Dust Bowl?
South-west and mid-west that suffered drought and storms
Study of dust storms in the midwest
Part of a program to help put farmers back to work
Collection of dirt samples
19
There was a combination of things that caused the Depression
False
True
20
Which of the following best describes the plight of factory workers in during the 1920s?
Rapid increases in immigration
struggled to find jobs as they were replaced by machines
No wages increase; gap in wealth continued to grow
Wages increased dramatically
21
Who wrote the Grapes of Wrath
John Steinbeck
James Steinboch
John Steenbeck
John Stinebeck
22
Using installment buying for purchases was popular before the Great Depression
False
True
23
New invention/product everyone wanted in the 1920s; news, info, & entertainment was broadcast.
Word of Mouth
Newspaper
Radio
Television
24
Guessing what the price of stock is going to rise to so you buy with intent of selling for more
Speculation
Stock Assessment
Assumption
25
Which of the following was a sign of an unsound economy during the 1920s?
Wages were keeping pace with production.
The Dow Jones Industrial Average was steady.
Personal debt was decreasing.
More goods were being produced than consumers could buy.
26
Hoovervilles were suburban homes built during the Depression
True
False
27
What is it called when you buy stock with a loan?
Foreclosure
Buying on margin
Installment buying
Mortgage
28
What was rugged individualism?
Succeeding through one's own efforts
Giving up and becoming a hobo
Having enough money to provide for your family
29
At the end of the 1920s why did prices for goods continue to decrease?
Companies stopped using the assembly line, prices rose
Overproduction: there were more goods than people could buy.
Government tariffs kept prices low compared to foreign goods
30
The rise in homelessness mainly resulted from
laid-off workers losing their homes.
high interest rates.
increased immigration.
31
The non-regulation of businesses is:
Laissez Fare
Laissez Faire
Losee Ferros
Lasse' Faire
32
Term used for people who traveled the country on trains looking for work in the Depression:
Train Hopping
Hoboes
Ne'er Do Wells
Bums
33
Which group faced hard times during much of the 1920s?
farmers
urban bankers
small investors
owners of large corporations
34
Major event that led to the Depression
Holding Companies
Stock market crash
Speculation
Share crash
35
Why was the Smoot-Hawley Tariff Act a disaster?
all of the above
European countries retaliated with higher tariffs
international trade decreased and further hurt the economy
prices went up on goods
36
President Hoover aggressively tried to stop the uneven distribution of wealth in the US
True
False
37
What was the date the stock market crashed? "Black Tuesday"
October 29, 1939
October 29, 1929
October 24, 1928
Ocotber 24, 1939
38
Makeshift communities made out of whatever materials were available
Hoovervilles
Roosevilles
Hobovilles
Camps
39
What is the most perfect example of the Associative State?
United States Postal Service
Lincoln Memorial
Golden Gate Bridge
Hoover Dam
40
One sign that the economy might be weakening in the 1920s was
uneven distribution of national wealth.
underproduction of consumer goods.
the collapse of large corporations.
an increase in personal savings
41
The Hoover Dam is a successful example of the:
Associative State
Volunteer Cooperatives
Reconstruction Finance Corp
Smoot-Hawley Tariff Act
42
Original problem with farming at the onset of the Great Depression
Overconsumption
Overproduction
Low Consumption
Low Production
