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History Chapt. 21
| Question | Answer |
|---|---|
| Which of these factors helped hide economic problems in the 1920s? A. Investors lost confidence in the market B. Famers sold crop surpluses to pay off their debts C. Americans purchased many consumer goods on credit | c. Americans purchases many consumer on credit |
| European countries reacted to the Hawley-Smooth Tariff by A. Increasing global trade B. Taxing American Imports C. Importing more American goods D. Lowering proces on exports | B. Taxing American imports |
| What economic condition did economists John Maynard Keynes believe caused the Great Depression? A. Lack of governemnt intervention B. Strict controls on stock speculations C. Too much oversight of banking D. Limits on production and spending | A. Lack of Government intervention |
| At the onset of the Great Depression, urban unemployment A. Decreased slightly B. Stayed about the same C. Increased slightly D. Increased Dramatically | D. Increased Dramatically |
| Farmers contribute to the problems that led to the Dust Bowl by A. Putting down new layers of topsoil C. Damming western rivers and using irrigation techniques D. Using intensive farming practices that removed protective grasses | D. Using intensive farming practices that removed protective grasses |
| The unemployment rate among African Americans was A. Nearly double the national rate B. Slightly higher than the national rate C. About the same as the national rate D. Slightly lower than the national rate | A. Nearly double the national rate |
| President Hoover responded cautiously to the Great Depression because A. Thought that the business cycle would correct itslef B. Was distracted by the giant dust stroms in the Great Plains C. Had little experience with business methods | A. Thought that the business cycle would correct itself |
| President Hoover urged Congress to institute the (Reconstruction Fiance Corporation) RFC because he believed that the economy suffered from A. A lack of credit B. Over-employment C. Too much regulation D. A concentration of wealth | A. A lack of credit |
| Some Americans blamed the Great depression on A. Facisism B. Socilaism C. Captiatlism D. Communism | C. Capitalism |
| Why did many Americans decide that the country needed new leadership in 1932? A. Prices for farm products were rising again B. Congress. Passed a bill to pay WW I veterans their bonuses early C. President hoover economic policies had flailed | C. President Hoover's economic policies had failed |
| Members of the Taxpayers Protection League resisted evictions by A. Building Hoovervilles B. Staging nonviolent protests C. Moving to cheaper lodgings D. Pooling resources to pay thier rent | B. Staging nonviolent protests |
| Why did so many banks fail at the onset of the Great Depression A. Too many investors tried to open new accounts B. Too many depositors tried to withdraw their money all at once D. The Federal Reserve put too much money into circulation. | B. Too many depositors tried to withdraw their money all at onc |
| A policy committed to solving problems at the local and state levels | Localism |
| A time of economic downturn and high unemployment between 1929 and 1941 | Great Depression |
| Dust Bowl refugees from the Great Plains, called___,headed west to look for work. | Okies |
| The Reconstruction Finance Corporation, instituted by Congress in 1932 to make government loans to railroads, business, and banks to stimulate economic recovery | RFC |
| _____lived in and worked land owned by someone else | Tenant Farmers |
| The peroidc expansion and contraction of the economy | Business Cycle |
| The theory that money pored into the top of the economic pyramid will trickle down to the base | Trickle-Down Economics |
| Unite States President from 1929 to 1933 | Herbert Hoover |
| During the Great Depression many homeless people grouped together to build_____, or makeshift shantytowns of tents and shacks. | Hoovervilles |
| A risky stock purchase intended to turn quick profits | Speculations |
| A large public works project that brought much-needed employment to the Southwest in the early 1930's | Hoover Dam |
| A group of World War I veterans who marched on Washington D.C to demand the bonus money that Congress had promised them for their service | Bonus Army |
| A tax passed in 1930 on foreign products brought in the United States | Hawley- Smooth Tariff |
| Local, State, and federal governments tried to coerce Mexican immigrants to return to Mexico through | Repatriation |
| Impoverished people in the cities often wasted in____to obtain free food from charities and public agencies | Bread Lines |
| The general who ordered federal troops to fire tear gas on protesters in Washington, D.C | Douglas MacArthur |
| The_____caused hundreds of thousands of people to migrate from the Great Plains. | Dust Bowl |
| The time at which the stock market collapsed in the Great Crash | Black Tuesday |
| Marched on Washington because hoover vetoed a bill | Bonus Army |
| This tight monitory policy limited the money in circulation | Federal Reserve |
| First institutions to feel the affects of the stock market when it crashed | Banks |
| Falling prices of crops led to plight of who? | Farmers |
| The policy of volunteerism included what type of programs? | Public Works |
| Investors sold more than $16 million shares of stocks on this day | Black Tuesday |
| THis spread overseas because the U.S. slowed down their investment in Europe | Great Depression |
| This crashed because investors lost confidence | Stock Market |
| The economy went through what phase in the business cycle during the 20s | Expansion |
| This failed because citizens acted in their best interest | Volunteerism |
| Government pressures Mexican immigrants to go back to Mexico | Repatriation |
| Risky stock purchases made by investors with hope of high return | Speculation |
Created by:
scaruso17