Chapter 10 Heritage Studies Test Flashcards

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1
Q

Roosevelt declared this in order to stop runs on the bank

A

bank holiday

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2
Q

Americans thought the economy would keep growing after Black Tuesday because

A

new inventions were being sold

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3
Q

Roosevelt gave his supporters this in exchange for their votes

A

work projects

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4
Q

This sometimes happens when the economy struggles and stock market prices rise higher than what companies are worth

A

stock market crashes

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5
Q

This caused landowners to no longer need sharecroppers

A

the Farm Bill

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6
Q

A house that is pieced together with scraps of metal, wood, and cardboard

A

shanty

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7
Q

To buy stocks and then sell them as soon as the price goes up

A

Speculate

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8
Q

The condition of wanting and needing a job but being unable to find one

A

unemployment

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9
Q

A tax against goods that are shipped into a country

A

tariff

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10
Q

A person who checks business records

A

auditor

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11
Q

Overproduction can hurt the economy when prices drop, leading to higher sales but lower profits for __________

A

farmers

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12
Q

Hoover headed efforts to provide _______ for people in Belgium during World War I

A

food

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13
Q

Banks make money by receiving interest from loans and by __________ in the stock market

A

investing

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14
Q

The biggest crash in American history happened on ____________ in 1929

A

Black Tuesday

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15
Q

Roosevelt asked Congress to pass a bill that paid farmers to plant ___________

A

less

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16
Q

Hoover’s plan to raise taxes did not help to overcome the _____________

A
  • Great Depression
17
Q

A group of people who control how a city is run is called a city ________

A
  • machine
18
Q

Roosevelt promised the American people a ________

A
  • New Deal
19
Q

In a welfare state the responsibility for people’s well-being belongs to the

A

*government

20
Q

ESSAY

Explain why Americans thought the economy would keep growing after Black Tuesday

A
  • Many new inventions were being sold.
  • Companies were making money.
    _ Electricity had become available.