US History – Chapters 22 – Flashcards
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Which of the following increased in the 1920s? a) Farmers' debt b)Prices for farm products c)Foreign demand for U.S. farm products d)Domestic demand for U.S. farm products
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a) Farmers' debt
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Which was not a cause of the Great Depression? a)Tariffs of foreign goods b)The availability of easy credit c)A growing number of homeless people d)Growing problems in farming
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c) A growing number of homless people
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Which was NOT a cause of the Dust Bowl? a)Drought b)High winds c)Thick layers of prairie grass d)Overproduction of crops
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c) Thick layers of prairie grass
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After the stock market crash, how did president Hoover try to help the economy? a)By closing banks b)By lowering tariffs c)By funding handouts of food and clothing d)By asking businesses not to lay off employees
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d) By asking businesses not to lay off employees
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Who made up the Bonus Army that marched on Washington? a)WWI veterans and their families b)Farmers forced off thier land by dust storms c)Unemployed industrial workers and their families d)Business and labor leaders who agree to work together
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a) WWI veterans and their families
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What does buying on the margin mean? a)Purchasing stock outside the regular stock market b)Buying the stock for someone else c)Paying less that the market price of the stock d)Borrowing money to help pay for the stock
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d) Borrowing money to help pay for the stock
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Which of the following was NOT an effect of the Great Depression? a)Many children had a poor diet b)Many families became homeless c)Many men became unemployed d)Many people started farming
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d) Many people started farming
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What name was given to the men who rode the rails as they searched for work? a)Bonus Marchers b)Speculators c)Hoboes d)Okies
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c) Hoboes
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Which of the following describes a government system for giving payments or food to the poor? a)Rugged individualism b)Direct relief c)Bonus Army d)Price support
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b) Direct relief
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Buying stocks on the chance of a quick profit without considering risks is known as... a)Buying on margin b)Speculation c)Profit-taking d)Living on credit
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b) Speculation
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In calling shantytowns "Hoovervilles," people conveyed their... a)Patriotism b)Trust in Hoover c)Disgust with Hoover d)Grudging respect for Hoover
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c) Disgust with Hoover
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The aim of the Federal Home Loan Bank Act was to... a)Encourage new construction b)Increase the value of homes and farms c)Make it easier for banks to foreclose on farms and homes d)Prevent farmers and homeowners from losing their property
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d) Prevent farmers and homeowners from losing their property
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An example of the psychological stress caused by the Great Depression was the rise in the number of... a)Children who were malnourished b)People who committed suicide c)Women who worked outside the home d)Men who stood in bread lines
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b) People who committed suicide
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Herbert Hoover's approach to the Depression economy was based on a belief in... a)Voluntary cooperation b)Separation of the church and state c)The golden rule d)Direct government relief
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a) Voluntary cooperation
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During the Great Depression, the overall unemployment rate was about... a)100% b)75% c)25% d)10%
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c) 25%
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One long range effest of the Great Depression was that many people... a)Grew to like President Hoover b)Became risk takers in the stock market c)Developed habits of saving and thriftiness d)Came to believe in small government
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c)Developed habits of saving and thriftiness
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The Hawley-Smoot Tariff Act led to... a)A dramatic drop in world trade b)Hoover's reelection as president c)More demand for American manufactured goods d)An unequal distribution of income in the United States
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a)A dramatic drop in world trade
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All of the following were important causes of the Great Depression EXCEPT... a)Both individuals and businesses built up large debt because of easy credit b)Tariffs on foreign imports were lowered c)The federal government did not insure people's bank accounts d)The stock market crashed
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b)Tariffs on foreign imports were lowered
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Causes of the farming crisis of the 1920's included the fact that... a)Demand for crops fell after WW1 b)Most people did not own electirc refrigerators c)The Dust Bowl took much land out of production d)Federal price supports of corn and wheat were not effective
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a)Demand for crops fell after WW1
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Which of the following reached a new high during Roosevelt's first term as President? a)Tariff rates b)Employment rates c)The National Debt d)Per capita income
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c)The National Debt
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T or F: At first, Hoover supported direct federal aid for the needy
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False
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T or F: Hoover believed that one of the government's chief functions was to foster cooperation between businesses
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True
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T or F: Congress passed the Federal home Loan Act to lower mortgage rates for home owners and allow farmers to refinance their loans at lower rates
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True
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T or F: The Patman Bill was intended to pump new life into the economy by providing emergency funding to small businesses
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False
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T or F: Hoover's image suffered when he ordered the removal of 2,000 hobo farmers who had built a shantytown near the capital
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False
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T or F: During the Depression, charitable organizations tried to help the urban poor by opening soup kitchens
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True
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T or F: The farmers who left the Dust Bowl were known as hoboes
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False
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T or F: One indicator of a weak economy in the 1920's was a decline in housing starts
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True
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T or F: Mexican Americans generally did not support the New Deal
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False
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T or F: The Indian Reorganization restored some reservation lands to tribal ownership
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True
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T or F: Mary McLeod Bethune was appointed head of the Division of Negro Affairs of the National Youth Administration
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True
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T or F: The New Deal Coalition was a group dedicated to supporting the Socialist Party
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False
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T or F: President Roosevelt appointed John Collier as Commissioner of Immigrant Affairs
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False
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T or F: The Congress of Industrial Organization (CIO) was organized in an attempt to unionize workers across the industries
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True
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T or F: Black Tuesday was the day that President Hoover forced the Bonus Army to disband
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False
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The .... is the name of the most widely used measure of the stock market's health
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Dow Jones Industrial Average
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.... refers to paying a small percentage of a stock's price as a down payment, and borrowing the rest
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Buying on margin
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.... refers to making an extremely risky business on the chance of making quick or considerable profits.
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Speculation
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.... reduced the flow of goods into the US and prevented other countries from earning American currency to buy American exports
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Hawley-Smoot Tariff Act
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When people buy on .... , they agree to buy now and pay later
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Credit
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The .... is the period from 1924 to 1940 in which the economy plummeted and unemployment skyrocketed
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Great Depression
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Money to reduce production and even plow under crops was a part of the ....
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Agricultural Adjustment Act
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Almost three million young men to work building roads, developing parks, and helping in soil-erosion projects as part of ....
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Civilian Conservation Corps
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.... requires corporations to provide complete information on all stock offerings
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Federal Security Act
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Created under the Wagner Act, the .... continues to act as a mediator in disputes between unions and employers
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National Labor Relations Board
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The .... was created to provide for old age retirement benefits
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Social Security Act
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As the Roosevelt administration promoted the New Deal programs, the .... continued to grow
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Federal Deficit
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The novel, "Native Son", written by .... , depicts the difficulties face by a young man trying to survive in a racist world
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Richard Wright
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One of the most popular movies of all time, .... depicts life in the South during the Civil War
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Gone With the Wind
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As director of "War of the Worlds", .... caused a stir as people thought the alien invasion was real
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Orson Wells