Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
22 hoover study guid
22 hoover study guide
| Question | Answer |
|---|---|
| Why was the population unable to create the demand for the increase in production of consumer goods? | The unequal distribution of income |
| What was one of the causes of the farming crisis of the 1920s? | demand for crops fell after WW1 |
| What were the most important causes of the Great Depression? | Both individual and businesses built up large debts because of easy credit and the federal government did not insure people’s band accounts |
| What was one long range effect of the Great Depression? | People developed habits of saving and thriftiness |
| Why did stock prices rise during the 1920s? | investors who held stock in companies refused to sell it |
| What was Herbert Hoover’s approach to the Depression economy base on? | The belief in voluntary cooperation |
| Give an example of the psychological stress caused by the Depression. | The rise in people who committed suicide |
| What region did most of the damage from the Dust Bowl occur? | The Great Plains |
| What was the government system that gave payments or food to the poor? | Direct relief |
| What were the men called who rode the rails as they searched for work? | Hoboes |
| How did President Hoover try to help the economy after the stock market crash? | By asking businesses not to lay off employees |
| What were two of the causes of the Dust Bowl? | Drought and high winds |
| Put the following in order as they occurred: the start of the Great Depression, a decline in new home construction, the election of Herbert Hoover | A decline in new home construction, the election of Herbert Hoover and the start of the Great Depression |
| What kind of government activity was Herbert Hoover opposed to? | Any government activity he considered socialistic or communistic. |
| Why were Hoover’s policies dealing with the depression criticized? | He postponed action in the belief prosperity was just around the corner and he deprecated the domestic causes of the depression |
| What did the Hawley Smoot Tariff Act lead to within a few years? | More demand for American manufactured goods |
| What was the overall unemployment rate during the Great Depression? | 25% |
| What was the aim of the Federal Home Loan Bank Act? | Make it easier for banks to foreclose on homes |
| Why did people call the shantytown “Hoovervilles”? | to convey their disgust with Hoover |
| What is buying stocks on the chance of a quick profit without considering risks known as? | Speculation |
| Which of the following was not an effect of the Great Depression: many people started to farm, many families became homeless, many men became unemployed? | Many men became unemployed |
| What does buying a stock on margin mean? | Borrowing money to help pay for the stock |
| Who were the candidates who ran for president in the 1932 election? | Hoover and Al Smith |
| Who made up the Bonus Army that marched on Washington? | WW1 veterans and their families |
| Which of the following is NOT a cause of the Great Depression: a growing number of homeless people, the availability of easy credit, tariffs on foreign goods. | growing number of homeless people |
| What increased in the 1920s? | farmers debt |
| If you were wealthy during before the depression, what kind of life did you have during the depression? | a conformable life |
| What did the nation’s five leading bankers do a few days before the stock market crash of 1929? | make the stock prices rise |
| Before the stock market crash of 1929, what did the economists and politicians of the late 1920s believe about the US? | everybody could be rich |
| What were farming conditions like during the 1920s? | more crops were produced than can be sold. |
| Why was the stock market an attractive gamble for thousands of American during the late 1920s? | there was a dramatic difference between the return on a savings account and the return on stocks. |
| Who were the candidates in the 1928 presidential election? | Hoover and Alfred Smith |
| What was the final blow to Hoover’s political career? | Routing of the bonus army |
| What was the goal of the Reconstruction Finance Corporation? | Stimulate industry and create jobs |
| How was Herbert Hoover’s handling of the bonus viewed by Americans? | Excessively cruel |
| Where were the shantytowns located during the Great Depression? | outskirts of cities |
| Explain what soup kitchens provide. | Free or low cost food |
| What year was the worst year of the depression? | 1932 |
| When was Black Tuesday and what happened? | 10/29/29, the day the market crashed |
| What tool is the “barometer” for the current condition of the stock market? | Down Jones |
| Why were people who did not invest in the stock market made poor by the crash? | Because they although they did not invest in the market, their customers had lost everything and began pulling out their money from the banks so there was a “run on the bank”. There was panic. |
Created by:
2018ijs1