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Unit 4: Chapter 14: The Great Depression Flashcards | StudBud
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Unit 4: Chapter 14: The Great Depression
Unit 4: Chapter 14: The Great Depression
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Chapter 14: The Great Depression Coach P
Flashcards
25 cards
F
Practice quiz
P
Host live
L
Questions
25
Answers
1
What was the problem with living on credit?
there was no problem
debt
credit cards were difficult to get
people were not spending enough money
2
What is Coach P's favorite color?
Blue
Purple
Magenta
Lavender
3
Pick the option with
all
factors that lead to the Great Depression
Shantytowns and easy credit
tariffs, war debts, farm problems, and easy credit
tariffs, direct relief, farm problems, and easy credit
tariffs, war debts, farm problems, and easy credit
4
What did the Federal Home Loan Bank Act do?
provided housing
provided aid to people living on the streets
lowered mortgage rates
increased mortgage rates
5
What was Hoover's policy during the Great Depression?
people should depend on the government
the government should foster cooperation between groups
a lot of help should be given to the people suffering
businesses should lay people off
6
What did the Dow Jones Industrial Average do?
tracked the state of the stock market
convinced people to vote for Hoover
stopped people from buying on credit
7
What happened in September of 1929?
stock prices fell, then peaked
the government banned stocks
stock prices peaked, then fell
8
Choose all that apply: The Hoover Dam on the Colorado River created _________?
jobs
wind energy
flood control
electricity
9
What was speculation?
the government watching people work
using a credit card to purchase items
buying on chance of a quick profit
receiving loans
10
What did the Hawley-Smoot Tariff Act do?
set the lowest protective tariff ever in the U.S.
set the highest protective tariff ever in the U.S.
it increased trade
it increased taxes
11
What happened on October 29 or Black Tuesday?
people began to buy more on credit
the stock prices peaked
people received a lot of money
the stock market crashed
12
What were Price Supports?
Government buying surplus crops
Money given to big businesses
Government giving financial aid to allies
Money given to families
13
Which of the following industries began to make profit in the 1920s (After the War)?
Mining
U.S. Grain
Railroads
Coal
14
Which party won the the 1930 Congressional Elections?
Republicans
Democrats
15
What did the Reconstruction Finance Corporation provide?
emergency funds for businesses
funds for the president
funds for the poor
16
How were children impacted by the Great Depression?
they received a lot of money
they spent more time having fun
they had poor diets and health problems
they attended school more than usual
17
Results of the Great Depression were everything EXCEPT?
increase in suicide rates
people giving up on college
more admissions to state mental hospitals
people developed a more positive attitude
18
What was buying on margin?
paying cash
paying with a credit card
paying a small percent of a price and borrowing the rest
buying a house with cash
19
Who won the election of 1928?
Alfred E. Smith
Herbert Hoover
Calvin Coolidge
FDR
20
What were Shantytowns?
settlements consisting of shacks
farms
people's homes before the depression
21
What impact did living on the streets have on men?
they were able to supply for themselves
they were sad
they felt free from their financial problems
they were used to supporting for their families and couldn't
22
What were the main causes of the Dust Bowl?
a tsunami
not enough farming
loose soil through overproduction, drought, and windstorms
23
What was the "run on banks?"
people wanted their money from the banks before they ran out
people invested a lot of money in the bank
all banks closed
24
During the Great Depression, expressions such as
Hoovervilles
and
Hoover blankets
showed?
Hoover was seen as a role model
Hoover was blamed for the suffering of the poor
Hoover aided the unemployed
Hoover provided housing for the poor
25
What was known for "ruining Hoover"?
the Hoover Dam
his denial of The Patman Bill (bonus army)
The Federal Home Loan Bank Act
