Within a few years, the Hawley-Smoot Tariff Act led to

a dramatic drop in world trade.

Who made up the Bonus Army that marched on Washington?

WWI veterans and their families

What exactly did the Bonus Army want?

$500 they were promised earlier

What exactly is an installment plan?

monthly payment on a good/service involving an interest rate

Which was not a cause of the Great Depression?

a growing number of homeless people

After the stock market crash, how did President Hoover try to help the economy?

by asking businesses not to lay off employees

What does buying a stock on margin mean?

borrowing money to help pay for the stock

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USH Ch 14 Midterm Review 2019

23 termsStudBud Administration286 plays

1930s Great Depression

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Questions 23

Answers

1
In calling shanty towns "Hoovervilles" , people were expressing their
trust in Hoover.
patriotism.
respect for Hoover.
disgust with Hoover.
2
Four-time elected president.
Franklin D. Roosevelt
Warren G. Harding
Calvin Coolidge
Herbert Hoover
3
President of the United States at the start of the depression.
Franklin D. Roosevelt
Calvin Coolidge
Herbert Hoover
Warren G. Harding
4
Within a few years, the Hawley-Smoot Tariff Act led to
Hoover's reelection as president.
a dramatic drop in world trade.
an unequal distribution of income in the United States.
more demand for American manufactured goods.
5
Buying stocks on the chance of a quick profit without considering risks is known as
living on credit.
buying on margin.
speculation.
profit-taking.
6
How were farmers financially impacted during the 1920s before the Great Depression?
farm income declined from 10 billion to around 4 billion
after WWI, demand for crops declined by 40%
all of the above
farmers couldn't pay off their loans & lost farms/equipment
7
Herbert Hoover's approach to the Depression economy was based on the belief in
rugged individualism.
the golden rule.
direct government relief.
separation of church and state.
8
Who made up the Bonus Army that marched on Washington?
unemployed industrial workers and their families
business and labor leaders who agreed to work together
farmers forced off their land by dust storms
WWI veterans and their families
9
What major public works program did President Hoover approve of and was very successful?
building the Boulder Dam
building trails and roads throughout national parks
building the Alaska Highway
building hundreds of schools across the United States
10
What exactly did the Bonus Army want?
$500 they were promised earlier
government jobs
free public housing vouchers
free college tuition
11
This term specifically refers to the stock market crash of October 29, 1929.
Black Tuesday
Ruby Tuesday
Blue Monday
White Thursday
12
What exactly is an installment plan?
a work program designed to decrease unemployment
monthly aid to women with dependent children
money that banks pay you for borrowing your money
monthly payment on a good/service involving an interest rate
13
Which was not a cause of the Great Depression?
a growing number of homeless people
the availability of easy credit
tariffs on foreign goods
a crisis in the farm sector
14
What name was given to the men and boys who rode the rails as they searched for work?
sheiks
flappers
hobo
bimbo
15
Which of the following increased in the 1920s?
farmers debts
domestic demand for U.S. farm products
foreign demand for U.S. farm products
prices for farm products
16
Which of the following was not an effect of the Great Depression?
many families became homeless
many men became unemployed
many children had a poor diet
many people started farming
17
This is an arrangement in which consumers agree to buy now and pay later for purchases.
debit
cash
barter
credit
18
After the stock market crash, how did President Hoover try to help the economy?
by lowering foreign tariffs
by asking businesses not to lay off employees
by closing banks
by funding handouts of food and clothing
19
Which was not a cause of the Dust Bowl?
high winds
drought
thick layers of prairie grass
overproduction of crops
20
An example of psychological stress caused by the Great Depression was a rise in the number of
children who were malnourished.
women who worked outside the home.
people who committed suicide.
men who stood in bread lines.
21
During the Great Depression, the overall unemployment rate was about
10 percent.
25 percent.
95 percent.
75 percent.
22
Which of the following describes a government system for giving payments of food to the poor?
Bonus Army
direct relief
price support
rugged individualism
23
What does buying a stock on margin mean?
purchasing the stock outside the regular stock exchange
buying the stock for someone else
borrowing money to help pay for the stock
paying less than the market price of the stock

USH Ch 14 Midterm Review 2019 Flashcards | StudBud