Great Depression
Test Review
Throughout most of the 1920s,
Americans were generally
 worried that the Stock Market would
crash.
 confident that business would bring
continued prosperity.
 delighted that wealth was evenly
distributed.
 concerned with economic danger signs.
One sign that the economy
might be weakening in the 1920s
was
 uneven distribution of national wealth.
underproduction of consumer goods.
 an increase in personal savings.
 the collapse of large corporations.
When the Dow Jones Industrial
Average began to drop sharply
in late
October 1929,
 investors bought record shares of stock.
 bankers pardoned personal loans and
mortgages.
 President Hoover warned Americans to stop
investing.
 investors raced to get their money out of the
stock market.
European economies were hurt
during the Depression when
 President Hoover pardoned war debts.
 Congress lowered tariffs.
 United States companies stopped
investing in Germany.
 the United States increased its exports.
A major environmental crisis of
the 1930s was known as
 the Dust Bowl.
 the Grapes of Wrath.
 Black Tuesday.
 the Great Crash.
In 1933 the Twenty-first
Amendment brought an end to
 Prohibition.
 stock speculation.
 the Depression.
 the United States Communist party.
The 1932 presidential election
served as a turning point in the
way Americans viewed
 presidential elections.
 the Bill of Rights.
 the responsibilities of the federal
government.
 local relief programs and private
charities.
Which of the following was a sign
of an unsound economy during
the 1920s?
 Personal debt was decreasing.
 Wages were keeping pace with
production.
 More goods were being produced than
consumers could buy.
 The Dow Jones Industrial Average was
steady
How did most investors react to a
sudden fall in stock prices in
1929?
 They called in their loans.
 They raced to sell their stocks.
 They pooled money to buy stock.
 They pledged their stocks as collateral.
Which was one effect of the
wage cuts and
unemployment of the 1930s?
 The divorce rate nearly tripled.
 Banks pardoned thousands of farm
mortgages.
 Hoovervilles sprang up in the nation’s
cities.
 Most industries gave top jobs to married
women.
During the Depression, many
African Americans
 took low-paying jobs previously held by white
workers.
 experienced worsening conditions and
discrimination in job and relief programs.
 returned from northern cities to the South.
 won new civil rights, such as access to
education and health care.
President Hoover believed that
the best strategy for ending the
Depression was
 encouraging massive government
spending.
 lowering import duties.
 setting up federal relief programs.
 encouraging voluntary controls in the
business sector.
A fundamental disagreement
between the candidates in the
1932 presidential election
concerned whether or not
 the Depression existed.
 the federal government should try to fix people’s
problems.
 Americans should offer aid to European economies.
 any relief efforts were necessary to ease the economic
crisis.
Which New Deal agency was
created to help businesses?
 Federal Reserve Board
 Civilian Conservation Corps
 National Recovery Administration
 Home Owners’ Loan Corporation
What was the purpose of the
Federal Deposit Insurance
Corporation?
 make people deposit money in the bank
 raise farm prices
 provide funds to state agencies
 Insured bank deposits up to $5,000
What was the Second New
Deal?
 a series of tax laws that primarily
benefited the rich
 a program designed to balance the
national budget
 a repeal of most New Deal policies
 a wave of legislation including more
social welfare benefits
Which of the following did New
Deal programs fail to address?
 protection of domestic workers
 low prices for agriculture products
 the decline of industrial prices
 Native Americans’ need for schools,
hospitals, and irrigation systems
What criticism did many
Progressives make of the New
Deal?
 It unfairly taxed successful, hardworking
people.
 It promoted a regimented, militaristic society.
 It did not do enough to redistribute wealth.
 Many of its programs smacked of “Bolshevism.”
Why are Huey Long and
Father Charles E. Coughlin
referred to as demagogues?
 They manipulated people with half-truths
and scare tactics.
 They called for state ownership of
factories and farms.
 They planned, but did not receive credit
for, most New Deal programs.
 They resorted to bribery in order to pass
FDR’s programs.
Which of the following aroused
the greatest opposition?
 the Wagner Act
 the Social Security system
 FDR’s attempt to “pack” the Supreme
Court
 government funding of the arts
Why did FDR cut back on
expensive relief programs in
1937?
 He had lost faith in government programs.
 He was worried about the rising national debt.
 He wanted to put the money into weapons
programs instead.
 He wanted to lower the Social Security tax.
Which of the following was
part of the New Deal
legacy?
 guaranteed health insurance for all
citizens
 an end to recessions in the economy
 a restored sense of hope among the
people
 an end to discrimination against African
Americans and women
This major New Deal agency
provided jobs to young,
unmarried men to work on
conservation and resource
development projects
 Agricultural adjustment
 Public Works Administration
 Civilian Conservation Corps
 Federal Emergency Relief Act
This group was founded in
1934 and opposed the New
Deal.
 American Liberty League
 Bonus Army
 Farmers
 Demagogue
What did someone involved
in a sit-down strike do?
 refuse to go to work
 not pay taxes
 stop working but refuse to leave the
workplace
 go to work