Ch. 5

Question 1

What were the Palmer Raids?

Answer 1

Wilson’s Attorney General deported foreigners suspected of being reds without regards to their rights

Question 2

What did governments of the 20’s become known for?

Answer 2

Doing nothing

Question 3

How did the world get drawn into the depression?

Answer 3

They all borrowed money from American banks

Question 4

What was the problem with buying stocks?

Answer 4

It was done on margin… paying 10% and borrowing the rest

Question 5

What was wrong in the farming sector?

Answer 5

There was already a depression caused by reduced demand after the war

Question 6

What did the Hawley-Smoot tariff act do?

Answer 6

Make it impossible to trade with America

Question 7

What drew people into Marxism?

Answer 7

Capitalism’s flaw in the depression

Question 8

What started to try and spread in Europe as a result of the depression?

Answer 8

Socialism

Question 9

What was common among New Deal legislation?

Answer 9

It was inconsistent and sometimes ineffective

Question 10

What did the new deal end up doing?

Answer 10

Help fix the economy by expanding government, but it opened up other issues as well