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Great Depression Review Flashcards | StudBud
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Great Depression Review
Great Depression Review
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A #USHistory review for the test
Flashcards
28 cards
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Practice quiz
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Questions
28
Answers
1
Unpaid debt led to people losing everything they had.
True
False
2
Small towns made up of shacks made out of scrap material were called:
Hoovervilles
Smalltowns
Crash Centers
3
Through most of the 1920s, stock prices ________.
Stayed the same
Increased
Decreased
4
________ were used to buy things on credit when people did not have the money for it.
Installment Plans
Cash
Credit Cards
Checks
5
How many banks failed by 1933?
1,000
700
4,000
11,000
6
What signaled the beginning of The Great Depression?
Families moving to rural areas
Stock Market Crash
Low employment
American Wealth
7
The number of homes being built is referred to as _________.
Housing Tops
Housing Construction
Housing Starts
Housing Builds
8
Buying stocks on the chance of a quick profit is known as ______.
Interest
Buying on Margin
Speculation
9
What was President Hoover's political party?
Democrat
Republican
10
A period of falling stock prices is called a _____ market.
Bear
Falling
Bull
Decreasing
11
What did President Hoover do after the Stock Market crashed?
Go into panic mode
Paid for the country to get back on it's feet
Give up being President
Tell Americans everything would be okay
12
What happened to the suicide rate during The Great Depression?
Rose more than 30%
Rose by 10%
Decreased by 10%
Stayed the same
13
Economists warned Americans about the stock market crash and Americans ________.
Ignored them
Listened to them
Told them they were wrong
Took their word for it
14
What number President was Herbert Hoover?
28
15
31
47
15
How were the living conditions during The Great Depression?
Better than what it used to be
Same as they were before the Stock Market Crash
Worse than ever before
16
Who suffered the most during the 1920s?
Builders
Upperclass Families
Teachers
Farmers
17
The overall health of Americans ______ during The Great Depression.
increased
stayed the same
got better
decreased
18
What was the first mass broadcasting medium in the 1920s?
Radio
Television
iMessage
Streaming
19
How did President Hoover try to combat The Great Depression?
Gave out food stamps to those in need
Increased taxes on businesses and banks
Gave up to $2 billion to businesses and banks
Gave welfare checks to those in need
20
When unemployment hit an all time high, what happened to those who still had jobs?
Nobody had a job anymore
They got paid less
They got paid more
Nothing happened to their pay.
21
What was the unemployment rate in 1933?
10%
50%
3%
25%
22
A period of rising stock prices is called a _______ market.
Steady
Bear
Bull
Rising
23
_______ encouraged suburbanization and allowed American's to take day trips more often.
Credit
Planes
Automobiles
Money
24
Farmers planted more and took out loans to buy more land and equipment during the 1920s
True
False
25
American's seemed to be thriving in the 1920s but they were _________.
Living beyond their means
making more money
26
What convinced Americans to buy things that they did not necessarily need?
Advertisments
Chain Messages
Word of mouth
27
The day the stock market crashed is known as _______ ________.
Black Tuesday
Red Tuesday
Black Friday
Red Wednesday
28
Buying on ____ is paying a small % of a stock's price as a down payment and borrowing the rest.
Loan
Credit
Debt
Margin