Chapter 22 Flashcards
During the Great Depression, when a bank collapsed -
a) the government stepped in to run the bank
b) the government covered the bank’s debts
c) the government repaid deposits on insured accounts only
d) depositors lost their savings
d) depositors lost their savings
A major reason for Herbert Hoover’s landslide victory in the 1928 election was -
a) the prosperity of the 1920s
b) his tax relief plan
c) his promise to end Prohibition
d) his plan to support farm prices
a) the prosperity of the 1920s
During the Depression, many unemployed people -
a) destroyed “Hoovervilles”
b) lived in federal housing
c) collected unemployment
d) road the rails
d) road the rails
The first feature-length animated film was -
a) Animal Crackers
b) The Wizard of Oz
c) Snow White and the Seven Dwarfs
d) Mr. Smith Goes to Washington
c) Snow White and the Seven Dwarfs
The purpose of the Reconstruction Finance Corporation was to -
a) regulate the stock market
b) manage public works projects
c) make loans to banks, railroads, and agricultural institutions
d) administer public assistance programs for the unemployed and the homeless
c) make loans to banks, railroads, and agricultural institutions
What severely dampened commerce on both sides of the Atlantic and intensified the Depression in the United States -
a) the bull market
b) the Federal Reserve
c) Black Thursday
d) the Hawley-Smoot Tariff
d) the Hawley-Smoot Tariff
October 29, 1929, the day when stock prices took the steepest dive of that time, is known as -
a) Black Thursday
b) Black Tuesday
c) Bloody Monday
d) Panic Tuesday
b) Black Tuesday
Beginning in 1932, America’s pastures and wheat fields form the Dakotas to Texas became a vast -
a) “Bread Basket”
b) “Dust Bowl”
c) mud basin
d) prairie
b) “Dust Bowl”
Many families on the Great Plains packed their belongings into old cars or trucks and headed west, hoping for a better life in -
a) the cities
b) the mountains
c) California
d) New Mexico
c) California
Most people during the Depression were able to enjoy two popular forms of entertainment: the movies and -
a) sailing
b) television
c) travel
d) radio
d) radio
Daytime radio dramas were sponsored by makers of laundry soap and nicknamed -
a) soap operas
b) laundry stories
c) guiding lights
d) detergent dramas
a) soap operas
Hoover believed that only state city governments should dole out -
a) loans
b) relief
c) work programs
d) soup kitchens
b) relief
People who moved West from the Great Plains to find jobs were called -
a) tenant farmers
b) Okies
c) homeless
d) immigrants
b) Okies
During the 1920s, many people bought expensive items using -
a) credit cards
b) bank loans
c) cash
d) the installment plan
d) the installment plan
The National Credit Corporation tried to rescue troubled banks using -
a) tax money
b) money from New York bankers
c) deficit spending
d) money borrowed from foreign banks
b) money from New York bankers
_______ invested in stocks, betting that the market would continue to climb so that they could make a quick profit
speculators
A long period of rising stock prices is known as a ________
bull market
A period of falling stock prices and sales is called a _____ market.
bear market
During the Depression, charities set up ________ to give poor people a meal.
soup kitchens
Newly homeless people put up communities of shacks that they called “____________”, blaming the president for their plight.
Hoovervilles
During the Depression, people who moved around the country by slipping into open boxcars on freight trains for a ride were called ______.
hobos
Many people lost their farms through __________
foreclosure
Made photographs of Depression Era scenes and people
Dorothea Lang
Made the first non-stop flight across the Atlantic
Charles Lindberg