US History: Great Depression, New Deal, WW2 Flashcards
Before the stock market crashed in 1929, many Americans were buying stocks on margin, which was
a. waiting until the end of the day to buy and get the best price
b. putting 5% down and getting a lean for the balance of the stock
c. buying the first stocks available on the market
d. paying for the entire stock at once
b
Speculation
a. helping others choose stocks based on ethical practices of corporations
b. buying stocks with special circumstances
c. buying stocks on margin and hoping to sell within a period of time and make quick profits
d. none of the above
c
The following caused the dust bowl
a. farmers overused land and left soil depleted of nutrients
b. huge winds blew topsoil away and created large dust storms
c. seven years of drought in the midwest
d. all of the above
d
Which state was affected by the dust bowl?
a. oregon
b. florida
c. texas
d. ohio
c
All of the following were causes of the great Depression except
a. the election of president hoover
b. the overproduction of farm products and industrial products
c. high tariffs on foreign goods
d. the crash of the stock market
a
The day of the stock market crashed has been remembered as
a. black monday
b. black wednesday
c. black tuesday
d. black friday
c
Why did banks close after the crash of the stock market
a. all the money was spent on upgrades on the white house
b. banks have been ordered to close by the president
c. banks were now only open for corporations
d. bans had used customer’s accounts to give loans for stocks and now it was lost in the crash
d
The bonus army
a. marched on washington demanding their WWI bonus check
b. marched on paris demanding their WWI bonus check
c. marched on Washington praising president hoover for his help of veterans
d. marched on paris in remembrance of the fall of the bastille
a
This person was elected president, during the great depression, because people had lost faith in president hoover
a. theodore roosevelt
b. franklin roosevelt
c. elenor roosevelt
d. edward roosevelt
b
The first 100 days of FDRs first term are known as the
a. square deal
b. new deal
c. straight deal
d. renewed deal
b
All of these except one are parts of FDRs three R’s
a. relief
b. reform
c. recovery
d. rebuild
d
relief was
a. the governments plan to administrate the constitution of public infrastructure
b. the governments plan to fix the problems within the stock market
c. the governments plan to get people back on their feet by providing food, shelter, and jobs
d. none of the above
c
FDR tried to pick up the spirits of the American People during the great depression by
a. giving radio addressed that were known as fireside chats that were informational
b. giving out free tickets to baseball games providing free access to broadway musicals
d. giving weekly speeches on broadcast
a
The purpose of social security is
a. to protect peoples retirement plans
b. provide citizens with affordable housing
c. to provide for the retired and the disabled
d, to protect people access to higher education
c
Huey Long believed
a. the money for social security should be collected equally from Americans
b. the money for social security should be collected from the richest Americans
c. the money for social security should be collected through sales taxes
d. the money for social security should be collected through property taxes
b