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Crash and Depression
Crash and Depression
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1
During the 1920s most of the nation's wealth was in the hands of
farmers and workers.
corporations and rich families.
labor unions.
small businesses.
2
A period in which the economy grows, then contracts.
The Great Depression
Roaring Twenties
business cycle
Black Tuesday
3
During the Depression, African Americans, Hispanics, and Asian Americans
were encouraged to start their own businesses.
were less affected than other groups.
often lost jobs to white laborers.
made great strides in equal rights legislation.
4
A major environmental crisis of the 1930s was known as
Black Tuesday.
the Grapes of Wrath.
the Dust Bowl.
the Great Crash.
5
In 1933, the Twenty-first Amendment brought an end to
stock speculation.
the United States Communist Party.
the Depression.
Prohibition.
6
Roosevelt won the 1932 presidential election after promising
lower taxes.
to close the stock market.
a "new deal" for the American people.
an immediate end to the Depression.
7
Black Tuesday occurred on
October 1, 1929
October 29, 1929.
Thanksgiving
October 30, 1930.
8
The stock market crash of 1929 soon affected
nearly all Americans.
just those who had invested heavily in stocks.
only wealthy Americans.
everyone except the rich.
9
Hoover's policy of not taking direct action to try to end the Depression caused
Hoover's reelection
Americans to blame Hoover for their problems.
an increase in Republican popularity.
a rapidly improving economy
10
Which of the following became a symbol of hope during the Depression?
the Dust Bowl
Prohibition
the Empire State building
Hoovervilles
11
During the Depression, how did most Americans view the democratic system?
They thought it was a failure.
They feared it would make things worse.
They continued to trust it.
The preferred Socialism.
12
The stock market crash led directly to
higher farm prices
the Great Depression
prosperity in Europe
a rapid recovery
13
Hard times on the farms in the Dust bowl caused many farm families to
move to California.
move south to become sharecroppers.
move to Canada.
begin growing cash crops.
14
When the Dow Jones Industrial Average began to drop sharply in late October 1929,
investors bought record shares of stock.
bankers pardoned personal loans and mortgages
investors raced to get their money out of the stock market.
President Hoover warned Americans to stop investing.
15
In the late 1920s most Americans felt the economy would
begin to slow down
continue to prosper
continue to decline
soon collapse
16
President Hoover believed that the best strategy for ending the Depression was
lowering import duties.
encouraging voluntary controls in the business sector.
encouraging massive government spending.
setting up federal relief programs.
17
The term "Hooverville" was used to describe
President Hoover's home.
shelters built by homeless people.
housing built by the government.
the stock market.
18
Information about stock prices is reflected here.
Dow Jones Industrial Average
business cycle
Bonus Army
Dust Bowl
19
What did Congress pass to protect domestic industries from foreign imports?
the Twenty-first Amendment
Dow Jones Industrial Average
Hawley-Smoot tariff
the Eighteenth Amendment.
20
Many young people became
rail riders
wealthy
gangsters
a symbol of hope
