Semester Exam

Question 1

Buying on margin was a method of buying stocks

Answer 1

With borrowed money

Question 2

As a result of the stock market crash, some bankers suffered more losses than they could absorb and

Answer 2

Closed

Question 3

During the Depression, charities set up ______ to give poor people meals

Answer 3

Soup Kitchens

Question 4

During the Depression, most people were able to enjoy which two popular forms of entertainment

Answer 4

Radio and Movies

Question 5

As creditors foreclosed on neurally one million farms between 1930 and 1934, some farmers destroyed their crops in a desperate attempt to

Answer 5

Raises Prices

Question 6

When the senate voted won a bill that promised an immediate $1000 bonus to each veteran of World War I, some veterans

Answer 6

Marched on Washington

Question 7

Stock prices first began to decline in the late 1929 because

Answer 7

Overproduction/Less Profits

Question 8

During the Depression, newly homeless people put up communities of shack that they called

Answer 8

Hoovervilles

Question 9

During the 1930’s, many Americans preferred movies, radio programs, and other forms of popular entertainment that

Answer 9

Helped them to escape

Question 10

The period between March 0 and June 16 1993, when congress passed 15 major acts to meet the economic crisis of the Depression, was called

Answer 10

The New Deal

Question 11

The Emergency Banking relief Act helped solve the banking crisis by

Answer 11

Shutting down banks to see who were solvent

Question 12

To regulate the stock market, Congress created the

Answer 12

SEC

Question 13

The stock market took its steepest dive on October 29,1929 the day now known as

Answer 13

Black Tuesday

Question 14

By the time of the stock market crash, the government did not insure bank deposits so

Answer 14

People lost their savings

Question 15

In search of work or a better life, many unemployed

Answer 15

Headed to california

Question 16

The first feature-length animated film was

Answer 16

Snow White

Question 17

To portray life around them, artists and writers of the 1930’s often used ____ as subjects in their work

Answer 17

Real Life

Question 18

President Hoover’s image was tarnished by the rout of the Bonus marchers as well as by the

Answer 18

Laissez Faire/Farm board

Question 19

____ invested in stock betting that the market would to climb so that they could make a quick profit

Answer 19

Speculators

Question 20

the Stock market crash weakened the nation’s banks because

Answer 20

Invested in stock market

Question 21

The Depression had deep roots in the economy of the 1920’s including overproduction, high tariffs, missteps by the Federal reserve, and

Answer 21

Uneven distribution of wealth

Question 22

Farmers on the Great Plains began to lose their crops during the Depression because

Answer 22

The Drought

Question 23

President Hoover hoped that increasing government funding for public works projects would

Answer 23

Alleviate Depression

Question 24

Thousands of World War I veterans came to Washington D.C in 1932 to lobby congress to

Answer 24

Demand Bonus

Question 25

Which program paid farmers not to grow certain crops, such as cotton, corn, wheat and tobacco

Answer 25

AAA

Question 26

Perhaps the most important result of President Franklin Roosevelt's First new deal was noticeable in

Answer 26

Mood of Country

Question 27

After the new deal had been in effect for two years the U.S. economy

Answer 27

Only slightly improved

Question 28

President Roosevelt's desire to change ht sd balance on the Supreme Court led to the

Answer 28

Court Packing

Question 29

President Roosevelt's desire to change the political balance of the Supreme Court led to the ____ which proved to be Roosevelt first serious political mistake

Answer 29

Court Packing

Question 30

The Fair Labor Standards Act abolished Child labor limited the workweek to 44 hours for the most workers, and

Answer 30

Raised minimum wage

Question 31

President Roosevelt's policies for ending the Depression became known as the

Answer 31

New Deal

Question 32

The Social Security Act established the principle that the federal government should be responsible for

Answer 32

Taking care of people who couldn't care for themselves

Question 33

What did the bold Series of programs and reforms that president Franklin Roosevelt launched in 1935 come to be called

Answer 33

2nd New Deal

Question 34

Which figure in the Roosevelt administration was most active in bringing African Americans and Women into the New deal coalition

Answer 34

Mary McLeod in Bethune

Question 35

In terms its main goal of ending the Depression the new deal was only a limited success but it

Answer 35

Built up confidence

Question 36

InPresident FDR entered office with no clear agenda or strong political ideology but his administration favored government

Answer 36

Intervention in Economy

Question 37

To fight the depression the first thing President Roosevelt set out to do was

Answer 37

Provide Relief

Question 38

In 1934 Senator Huey Long of Louisiana began criticizing the New Deal from the left calling for

Answer 38

Sharing of Wealth