Which of the following increased in the 1920'sa. farmer's debtsb. prices for farm productsc. foreign demand for U.S. farm productsd. domestic demand for U.S. farm products
A
which was NOT a cause of the Great Depression?a. tariffs on foreign goodsb. the availability of asy creditc. a growing number of homeless peopled. a crisis in the farm sector
C
Which was not a cause of the dust bowl?a. droughtb. high windsc. thick layers of prairie grassd. over production of crops
C
After the Stock market crash how did President Hoover try to help the economy?a. by closing banksb. by lowering foreign tariffsc. by funding handouts of food and clothingd. by asking business not to lay off employees
D
Who made up the Bonus Army that marched on Washington?a. WWI veterans and their familiesb. farmers forced off their landc. unemployed industrial workers and their familiesd. business and labor leaders who agreed to work together
A
Which candidates ran for president in 1932?a. Calvin Coolidge and Herbert Hooverb. Calvin Coolidge and Franklin D. Rooseveltc. Herbert Hoover and Alfred E. Smithd. Herbert Hoover and Franklin D. Roosevelt
D
What does buying stock on margin mean?a. purchasing the stock outside the regular stock exchangeb. buying the stock for someone elsec. paying less than market price for the stockd. borrowing money to help pay for the stock
D
which of the following was NOT an effect of the Great Depression?a. many childern became homelessb. many families became homelessc. many men became unemployedd. many people started farming
D
What name was given to the men and boys who rode the rails as they searched for work?a. Bonus marchersb. speculatorsc. hoboes.d. okies
C
which of the following describes a government system for giving payments or food to the poor?a. rugged individualismb. direct reliefc. Bonus Armyd. price support
B
t/fBlack Tuesday was the day that -President Hoover forced the Bonus Army to disband-
the stock market crashed
t/fan unintended effect of the Hawley-Smoot Tariff Act was a substantial -decrease in U.S. exports-
TRUE
t/fAmerican industries first began to show signs of economic trouble -after 1929-
during the 1920s
t/fthe main purpose of the Reconstruction Finance Corporation was to give emergency help to -farmers-
large businessess
t/fduring the Depression, charitable organizations tried to help the urban poor by opening -soup kitchens-
TRUE
t/fPresident Herbert Hoover -supported- direct relief
did not support
t/fthe farmers and sharecroppers who mleft the Dust Bowl to find work in the west were known as -hoboes-
okies
t/f the stock market crash of 1929 was fueled by -price supports-, unwise investments that people hoped would make them rich overnight
sepculation
t/fduring the Depression, many children suffered from -diet-related diseases-
TRUE
t/fone indicator of a weak economy in the 1920s was a decline in -housing starts-
TRUE
Buying stocks on the chance of a quick profit without considering risks is known asa. buying on marginb. speculationc. profit-takingd. living on credit
B
In calling shantytowns "Hoovervilles" people conveyed theira.patriotismb. trust in Hooverc. disgust with Hooverd. grudging respect for Hoover
C
The aim of the Federal Home Loan Bank Act was toa. encourage new constructionb. increase the value of homes and farmsc. make it easier for banks to foreclose on farms and homesd. prevent farmers and homeowners from losing their property.
D
An example of the psychological stress caused by the Great Depression was the rise in the number ofa. children who were malnourishedb. people who committed suicidec. women who worked outside the homed. men who stood in bread line
B
Herbert Hoover's approach the the Depression economy was based on the belief ina. voluntary cooperationb. separation of church and statec. the golden ruled. direct relief government
A
During the Great Depression, the overall unemployment rate was abouta. 100 percentb. 75 percentc. 25 percentd. 10 percent
C
One long range effect of the Great Depression was that many peoplea. grew to like President Hooverb. became risk takersc. developed habits of saving and thriftinessd. came to believe in small government
C
Within a few years, the Hawley-Smoot Tariff Act led toa. a dramatic drop in world tradeb. Hoover's reelection as presidentc. more demand for American manufactured goodsd. an unequal distribution of income in the United States
A
All of the following were important causes of the Great Depression EXCEPT:a. both individuals and businesses built up large debts because of easy creditb. tariffs on foreign imports were loweredc. the federal government did nit insure people's bank accountsd. the stock market crashed
B
Causes of the farming crisis of the 1920's included the fact thata. demand for crops fell after World War Ib. most people did not own electric refrigeratorsc. the Dust Bowl took much land out of productiond. federal price supports of corn and wheat were not effective
A