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China Spring Great Depression Review Flashcards | StudBud
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China Spring Great Depression Review
China Spring Great Depression Review
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1
A major reason for creating the TVA was to
Improve economic conditions in poor rural areas
Provide health care benefits for southerners
Build and manage a turnpike
2
In the 1930's , what influenced thousand to move from southern Great Plains?
Extended drought in farming areas
Excessive flooding of Mississippi
Destructive hurricanes in the Gulf of Mexico
Serious earthquakes in Pacific areas
3
Senator Huey Long wanted the government to
Stop interfering with business
Share the wealth of the rich
Pay citizens over 60 a monthly pension
Balance the budget
4
During the Great Depression, when a bank collapsed,
The government repaid deposits
The government covered bank's debts
Depositors lost their savings
The government ran the bank
5
Critics charged that FDR's plan to increase # of Supreme Court Justices was in conflict with
Efforts to restrict the number of terms for a President
The constitutional principle of checks and balances
The Supreme Court's practice of judicial restraint
Attempts of Congress to limit judicial responsibilities
6
The main purpose of New Deal measures such as the SEC and FDIC was to
Provide immediate employment opportunities
Enable the Federal government to take over
Develop rules to limit speculation and safeguard savings
Assure a guaranteed income to American families
7
The Agricultural Adjustment Administration tried to help farmers by
Paying them to grow more crops
Making land available for farming
Buying farm surpluses
Paying them not to grow crops
8
The purpose of the Reconstruction Finance Corporation was to
Make loans to banks, railroads and Ag institutions
Administer public assistance programs
Regulate the stock market
Manage public works projects
9
Who did most people blame the Great Depression on?
Coolidge
Roosevelt
Hoover
10
In 1932 farmers on the Great Plains began to lose their crops because
The soil dried up
The soil lost its fertility
Frequent rains eroded the soil
A wheat fungus destroyed the fields
11
In the 1930's, the enactment of New Deal programs demonstrated a belief that
State government should give up control over commerce
Corporations were best left to operate without government
The Fed Govt must concern itself with people's economics
The US Constitution was not relevant to 20th century life
12
Effectiveness of the New Deal in ending the Great Depression is difficult to measure because
Later presidents failed to support New Deal
The Supreme Court declared New Deal unconstitutional
U.S. involvement in WWII
FDR died in his 4th term
13
"Only through personal effort can wealth and success be achieved." This statement expresses
Idea of Govt intervention
Idea of Rugged Individualism
14
FDR administration was different than Hoover's because it was
More willing to use Govt intervention to solve economy
Less willing to use Govt intervention to solve economy
15
What generalization can be made about Prohibition?
Morality can be legislated successfully
Social attitudes can make laws difficult to enforce
16
The Supreme Court declared some New Deal laws unconstitutional because these laws
Ignored the rights of minority groups and women
Overextended the power of the federal government
Forced the federal government into debt
17
One main purpose of the Townsend plan was to
Free up jobs for the unemployed
Redistribute wealth
End public works programs
Nationalize the banking system
18
To fight the Depression, Roosevelt believed the first thing to do was
Provide relief for farmers
Set up public works programs
Restore confidence in the banks
Provide direct relief to people
19
The stock market crash weakened the nation's banks because
Banks had invested their deposits in the stock market
Investors no longer had money to deposit in banks
Banks depended on income from the sale of stocks
Investors could no longer afford to take out loans
20
The Federal Number One program employed
Displaced tenant farmers
People in the arts
Young men ages 18 to 25
Workers in the construction industry
21
Thousands of WWI veterans came to Washington in 1932 to lobby Congress to
Enact a bonus for war veterans
Provide military jobs for veterans
Pass legislation giving veterans bonus early
Provide public works jobs
22
To regulate the stock market, the Roosevelt Administration created the
Federal Trade Commission
Social Security Administration
National Recovery Administration
Securities and Exchange Commission
23
Critics charged the New Deal policies favored socialism because the Federal government
Favored farmers over workers
Declined to prosecute monopolies
Took ownership of most major industries
Increased it's responsibility for the welfare of economy
24
During the Depression, many state governors declared "Bank Holidays" to
Help the Federal Reserve
Give bank employees a break
Prevent bank runs
Reduce the value of the dollar
25
The National Industrial Recovery Act set up
Laws banning unions
Trusts to promote competition
Codes of fair competition
Three work shifts per day