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Great Depression Flashcards | StudBud
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Great Depression
Great Depression
20 terms
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StudBud Administration
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Chapter 8 review
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
John Maynard Keynes believed what caused the Great Depression?
The Stock Market
Lack of Government Intervention in the economy
Easy Credit
President Hoover
2
Declining need for farmers' crops in the 1920's was a factor in causing the Great Depression?
True
False
3
What do you buy on margin
Houses
Stocks
Businesses
Cars
4
The Hawley-Smoot Tariff?
Raised taxes on exported goods
Reduced taxes on imported goods
Raised taxes on imported goods
Reduced taxes on imported goods
5
For the first time people did not have to pay for goods all up front because of?
Loans
Speculation
Tariffs
Easy credit payments
6
The crash of the Stock Market caused a run on what institution?
Banks
Courts
Schools
Businesses
7
Time period with great drought, high winds, and blowing soil?
Dirt Buster
Sand Box
Dust Bowl
8
Farmers who lived on the land they worked but did not own it?
Farmhands
Tenant Farmers
Aggies
Rent-a-Farmer
9
What was the Bonus Army?
WWI vets who marched on Washington to collect a bonus
Soldiers going to fight in WWII
Civil War vets who marched on Washington to collect a bonus
Extra soldiers not needed in the Army
10
Trickle Down Economics failed because?
There was no money for the Federal Government to give
Banks and businesses hung onto money stopping the trickle
The Federal Government did not give out the money
Workers wasted the money
11
Okies were rural people trying to get away from the Great Depression
False
True
12
Before the Great Depression wealth distribution in America was even?
True
False
13
One of the causes of the Dust Bowl?
Overwatering
Overfarming
Under producing
Undercutting
14
What region did the Dust Bowl happen?
Southeast
South
West
Midwest
15
Issues that led to the Stock Market Crash include?
Easy pay credit and buying on speculation
Driving a Model T
Farm surplus
16
The Federal Government provides the help in localism?
False
True
17
What happened to the Bonus Army?
Nothing
They were attacked and run off by the U.S. Army
They got the bonus early
The all reenlisted in the U.S. Army
18
October 29, 1929 is known as?
Black Friday
Good Friday
Normal Tuesday
Black Tuesday
19
What did the RFC do?
Fixed corporations
Loaned Federal money to individuals
Loaned Federal money to banks to help businesses
Lowered taxes
20
Businesses were asked to participate in volunteerism by?
Hiring more people
Donating 10% of their profit
Raising wages
Keeping jobs, wages, and hours the same
