Chapter 25 The Great Depression Flashcards
T or F: Parity, as used in this chapter, refers to farm prices.
True
T or F: In the 1920s, many investors bought stocks on margin—that is, with borrowed funds.
True
In his 1920 campaign for president, Warren G. Harding said the country needed a return to:
normalcy
T or F: While Warren G. Harding presided over what can be argued as the most corrupt administration in American history, he was never personally linked to any official wrongdoing.
True
The 1924 immigration law:
set strict yearly limits on the number of immigrants allowed into the country.
David C. Stephenson:
was the Grand Dragon of the Ku Klux Klan.
Harding’s administration is most remembered for:
the scandals that plagued it.
How many people were out of work in early 1933?
12 million
The Budget and Accounting Act of 1921:
formed a new Bureau of the Budget to streamline the process of preparing an annual federal budget.
T or F: The Smoot-Hawley Tariff raised import duties to an all-time high.
True
Of all the causes of the stock market crash of October 1929, the greatest culprit was:
the weak foundation of the 1920s economy.
Of the following presidents, which one served as vice president?
Calvin Coolidge
During the 1928 presidential election, the Democrats nominated:
Alfred E. Smith
In Texas, the Klan focused on:
imposing its severe view of righteous Protestant morality on others.
William Jennings Bryan:
prosecuted John Scopes for teaching evolution in the Dayton, Tennessee, evolution case.