Quiz 10

Question 1

period of high unemployment and widespread business failure. the depression was caused by an economic system that was out of balance with too much supply and not enough demand

Answer 1

great depression 1929-1941

Question 2

a plummeting of stock prices on wall street that signaled the beginninf of a 10 year depression affecting all industrial societies in the western world

Answer 2

stock market crash 1929

Question 3

the highest U.S. tariff rates in 100 years. the high rates led to a tariff war with other nations that worsened the international depression and cut american exports and imports by more than half.

Answer 3

Smoot- Hawley Tariff 1930

Question 4

president herbert hoover’s plan for economic recovery through emergency financing for banks, life insurance companies, and railroads.

Answer 4

reconsruction finance corporation 1932

Question 5

unemployed veterans from WWI marched to Washington, DC, demanding the payment of bonuses promised to them at a later date (1945). congress didn’t pass the Bonus Bill, and President Hoover ordered the U.S. army to break up their encampment. tanks and tear gas were used to destroy the veerans’ camps.

Answer 5

bonus march 1932

Question 6

Franklin Roosvelt’s plan for getting out of the depression, involving increased federal action to provide economic relief, recovery, and reform.

Answer 6

roosevelt’s new deal, 1933-1945

Question 7

AAA, CCC, NIRA, REA, SEC, TVA, PWA, WPA, NRA, Federal Writer’s Project

Answer 7

new deal programs to stimulate economic activity.

Question 8

law that forbade commercial banks from engaging in excessive speculation. established the federal deposit insurance corporation (FDIC)

Answer 8

glass-steagall act 1933

Question 9

government agency created by president roosevelt that regulates banks and insures bank deposits.

Answer 9

federal deposit insurance corporation (FDIC) 1933

Question 10

agency of the federal government that regulates financial markets and investment companies.

Answer 10

securities and exchange commission (SEC), 1934

Question 11

also known as the national labor relations act, this law protected workers’ rights to organize into labor unions and engage in collective bargaining. the law also created the national labor relations board (NLRB), providing for government investigations of unfair labor practices.

Answer 11

wagner act, 1935

Question 12

provided federal financial assistance to the problems of old age and unemploymnt. social security also provided benefits to windows and fatherless children.

Answer 12

social security act 1935

Question 13

after the supreme court declared new deal programs unconstitutional in such cases as Schecter v. United States (1935) and Butler v. United States(1936), President roosevelt unsuccessfully attempted to add new members to the supreme court.

Answer 13

court- packing plan 1937

Question 14

a period in which the american economy stalled after several years of recovery. the recessions was most likely caused by cuts in government spending introduced by roosevelt in 1937

Answer 14

roosevelt recession 1938

Question 15

labor organization led by john L. Lewis that was created from a group of powerful unions tha left the american federation of labor in an attempt to unionize unskilled industrial.

Answer 15

congress of industrial organizations 1938

Question 16

the alignment of interest groups and voting blocks that supported the new deal and voted for democratic presidential candidates from 1932 until approximately 1968, making the democratic party the majority party during that period.

Answer 16

new deal democratic coalition

Question 17

louisiana govenor and U. S. senator who was a critic of the new deal. long supported a redistribution of wealth from the rich to the poor. long, whom FDR feared politically, was assassinated in 1935

Answer 17

Huey Long

Question 18

Roman Catholic priest who was a critic of the new deal. coughlin used a his national radio program to attack FDR. known for his antisemilism and support of fascism.

Answer 18

charles coughlin

Question 19

the highest U.S. tariff rates in 100 years. the high rates led to a tariff war with other nations that worsened international depression and cut American exports and imports by more than half.

Answer 19

smoot-Hawley tariff 1930

Question 20

president Herbert Hoover’s plan for economic recovery through emergency fincancing for banks, life insurance companies and railroad

Answer 20

reconstruction finance corporation 1932