The New Deal balanced competing economic interests, establishing the government as a

the broker or mediator to work out conflicts

After banks lost money in stock market investments, what other issue led to their collapse?

many customers withdrew their savings all at once

What happened when the US raised taxes on imported goods?

Other nations raised their own taxes against US goods

The Agricultural Adjustment Administration

sought to raise crop prices by paying farmers not to plant

Being on an installment plan means that you buy an item

on credit with a monthly plan to pay it off

What was the damaging consequence of the Federal Reserve Board keeping interest rates low?

Banks were more likely to provide risky loans to people

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USH Great Depression and New Deal

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Questions 11

Answers

1
During the Great Depression, Americans faced all of the following severe problems EXCEPT:
religious discrimination
high unemployment
inability to make house payments
losing bank savings from closing banks
2
Demand and prices for goods significantly dropped because of
American products lacking quality
war debt
overproduction of goods
people refused to work farm and factory jobs
3
The New Deal balanced competing economic interests, establishing the government as a
the bystander
the absolute authority for running big businesses
the broker or mediator to work out conflicts
powerless and ineffective
4
After banks lost money in stock market investments, what other issue led to their collapse?
US investors invested into international stock markets
too much government regulation
many customers withdrew their savings all at once
the election of a new president
5
What happened when the US raised taxes on imported goods?
Americans did not change their spending habits
Americans bought MORE imported goods
Other nations raised their own taxes against US goods
Other countries bought MORE American goods
6
Black Tuesday was a significant event when
the US was attacked by Japan
the president was assasinated
the stock market crashed
retail stores offered discounts two days before Thanksgiving
7
Roosevelt's New Deal helped the US recover in all the following areas EXCEPT:
banking
public works
employment
national defense
8
The Agricultural Adjustment Administration
created government warehouses for food storage
encouraged consumers to stop buying produce
provided farmers with free seed and fertilizer
sought to raise crop prices by paying farmers not to plant
9
Being on an installment plan means that you buy an item
on credit with a monthly plan to pay it off
using a trusted family member's bank account
in the full amount in cash
using a coupon
10
What best describes the distribution of wealth between Americans during the late 1920s?
unevenly distributed
completely controlled by the government
all wealth was shared
evenly distubuted
11
What was the damaging consequence of the Federal Reserve Board keeping interest rates low?
Banks were more likely to provide risky loans to people
the poor were not allowed to have bank accounts
there were no significant consequences
the rich were willing to pay higher taxes to help the poor

USH Great Depression and New Deal Flashcards | StudBud