Chapter 14 (The Americans) Flashcards
Which of the following increased in the 1920’s
a. farmer’s debts
b. prices for farm products
c. foreign demand for U.S. farm products
d. domestic demand for U.S. farm products
a. farmers debt
Which was not a cause of the Great Depression?
a. drought
b. the availability of easy credit
c. a growing number of homeless people
d. a crisis in the farm sector
c. a growing number of homeless people
Which was not a cause of the dust bowl?
a. drought
b. high winds
c. thick layers of prairie grass
d. over production of crops
c. thick layers of prairie grass
After the Stock market crash how did President Hoover try to help the economy?
a. by closing banks
b. by lowering foreign tariffs
c. by funding handouts of food and clothing
d. by asking business not to lay off employees
d. by asking businesses not to lay off employees
Who made up the Bonus Army that marched on Washington?
a. WWI veterans and their families
b. farmers forced off their land
c. unemployed industrial workers and their families
d. business and labor leaders who agreed to work together
a. WWI veterans and their families
Which candidates ran for president in 1932?
a. Calvin Coolidge and Herbert Hoover
b. Calvin Coolidge and Franklin D. Roosevelt
c. Herbert Hoover and Alfred E. Smith
d. Herbert Hoover and Franklin D. Roosevelt
d. Herbert Hoover and Franklin D. Roosevelt
What does buying stock on margin mean?
a. purchasing the stock outside the regular stock exchange
b. buying the stock for someone else
c. paying less than market price for the stock
d. borrowing money to help pay for the stock
d. borrowing money to help for the stock
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 become unemployed
d. Many people started farming
d. Many people started farming
What name was given to the men and boys who rode the rails as they searched for work?
a. Bonus marchers
b. speculators
c. hoboes.
d. okies
c. hoboes
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
b.direct relief
Black Tuesday was the day that President Hoover forced the Bonus Army to disband. T/F
False / The bottom fell out of the stock market
An unintended effect of the Hawley-Smoot Tariff Act was a substantial decrease in US exports. T/F
True
American industries first began to show signs of economic trouble after 1929. T/F
False / during the 20’s
The main purpose of the Reconstruction Finance Corporation was to give emergency help to farmers. T/F
False / Large corporations
During the Depression, charitable organizations tried to help the urban poor by opening soup kitchens. T/F
True
President Herbert Hoover supported direct relief. T/F
False / did not support
The farmers and sharecroppers who left the Dust Bowl to find work in the west were known as hoboes. T/F
False / Okies
The stock market crash of 1929 was fueled by price supports, unwise investments that people hoped would make them rich overnight. T/F
False / speculation
During the depression, many children suffered from diet related diseases. T/F
True
One indicator of a weak economy in the 1920’s was a decline in housing starts. T/F
True
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
b. speculation
In calling shantytowns “Hoovervilles” people conveyed their
a. patriotism
b. trust in Hoover
c. disgust with Hoover
d. grudging respect for Hoover
c. Disgust with Hoover
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.
d. prevent farmers and homeowners from losing their property
An example of the psychological stress caused by the Great Depression was the rise in the number of
a. children ho were malnourished
b. people who committed suicide
c. women who worked outside the home
d. men who stood in bread line
b. people who committed suicide
Herbert Hoover’s approach the the Depression economy was based on the belief in
a. voluntary cooperation
b. separation of church and state
c. the golden rule
d. direct relief government
a. voluntary operation
during the Great Depression, the overall unemployment rate was about
a. 100 percent
b. 75 percent
c. 25 percent
d. 10 percent
c. 25 percent
One long range effect of the Great Depression was that many people
a. grew to like President Hoover
b. became risk takers
c. developed habits of saving and thriftiness
d. came to believe in small government
c. developed habits of saving and thriftiness
Within a few years, 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
a. a dramatic drop in world trade
All of the following were important causes of the Great Depression EXCEPT
a. both individuals and businesses built up large debts 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
b. tariffs on foreign imports were lowered
Causes of the farming crisis of the 1920’s included the fact that
a. demand for crops fell after World War I
b. most people did not own electric refrigerators
c. the Dust Bowl took much land out of production
d. federal price supports of corn and wheat were not effective
a. demand for crops fell after WWI
