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Review Great Depression and the New Deal
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Why is Tuesday, October 29, 1929 called Black Tuesday. A
Why is Tuesday, October 29, called Black Tuesday? A. Congress enacted tariffs to push Americans to buy only goods in the U.S. B. Stock prices fell so sharply that people said the market had “crashed” C. Many men lost their jobs D. The banks closed their doors B
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Why was the agricultural industry suffering so much during this time? A. Overproduction of goods B. Farmers took out loans and couldn’t repay them C. Dust Bowl D. All of the above D
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What invention hurt the Railroad business and caused it to decline. A
What invention hurt the Railroad business and caused it to decline? A. Washing machine B. Radio C. Model T D. Electricity C
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When Americans lost their homes, they lived in communities called A
When Americans lost their homes, they lived in communities called A. Lost Towns B. Hanky Towns C. Poor Towns D. Shanty Towns D
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What does buying a stock on margin mean. A
What does buying a stock on margin mean? A. Purchasing the stock outside the regular stock market B. Buying the stock for someone else C. paying less than market price of the stock D. Borrowing money to pay for the stock. D
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Who made up the Bonus Army that marched to Washington and demanded their bonuses? A. World War I veterans and their families B. Farmers forced off the land by dust storms C. Unemployed industrial workers and their families D. Business and labor leaders who agreed to work together. A
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Which was NOT the cause of the Dust Bowl. A. Drought B
Which was NOT the cause of the Dust Bowl? A. Drought B. Thick layers of prairie grass C. High winds D. Overproduction of crops B
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The primary purpose of the National Labor Relations Act of 1935 (Wagner Act) was to A. allow factory owners to use court injunctions against workers B. guarantee collective bargaining rights C. establish social security D. ban the use of strikes by unions B
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President Hoover believed in this type of approach when it came to the Great Depression. A. Conservatism B. Liberalism C. Radicalism D. Communism A
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President Hoover was committed to balancing the budget
President Hoover was committed to balancing the budget. Which statement is NOT in agreements to his beliefs? A. Americans will make it through hard work and perseverance B. Increasing the business prosperity will provide more jobs C. The government will start direct relief to the poor D. The economic problems were just part of the “natural business cycle” C
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This is when the government spends more than it receives. A
This is when the government spends more than it receives. A. Conservative spending B. Deficit spending C. Securities spending D. Widespread spending B
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Why were the conservatives angered by FDR’s new programs. A
Why were the conservatives angered by FDR’s new programs? A. Gave the federal government too much control B. Interfered with the free market economy C. Too much control over businesses D. All of the above D
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Which of the following was most directly responsible for creating new jobs and putting people to work? A. Social Security Act B. Works Progress Administration C. National Labor Relations Act D. Fair standards Act B
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This program aided farmers and regulated crop production A
This program aided farmers and regulated crop production A. Agricultural Adjustment Administration B. National Recovery Administration C. Rural Electrification Administration D. Federal Emergency Relief A
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What policy did FDR put into place to gain the trust of Americans to put their money back in the banks? A. Federal Securities Act (FSA) B. National Securities Act (NSA) C. Federal Deposit Insurance Corporation (FDIC) D. United States Act (USA) C
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What was the primary motive behind President Roosevelt’s 1937 proposal to add members to the Supreme Court? A. removal of Republican justices from the Court B. ending the Court’s use of judicial review C. assuring United States neutrality at the start of WWII D. protection of New Deal programs from unfavorable Court decisions D
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Who was the first woman to serve in the cabinet. A. Arlene Francis B
Who was the first woman to serve in the cabinet? A. Arlene Francis B. Francis Perkins C. Eleanor Roosevelt D. Mary McLeod Bethune B
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A major reason for creating the Tennessee Valley Authority (TVA) in 1933 was to A. Build and manage a turnpike in the Valley B. Provide health care benefits for the rural community C. Encourage Americans to settle in the Valley D. Improve economic conditions in the rural region D
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Which federal agency, created during the New Deal, was intended to prevent serious problems in the stock market? A. Social Security Act B. Works Progress Administration C. Securities and Exchange Commission D. Fair Financial Standards Act C
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What was the purpose of the Glass-Steagall Act of 1933. A
What was the purpose of the Glass-Steagall Act of 1933? A. To lower unemployment B. To provide home mortgage loans to poor Americans C. To assist farmers get out of debt D. To regulate the banking system D
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