Chapter 23 test

Question 1

Bull market

Answer 1

The upward trend in stock prices

Question 2

A downward trend in stock prices is called

Answer 2

A bear market

Question 3

Stock market

Answer 3

Produced enormous profits for investors as prices rose

Question 4

Black Tuesday

Answer 4

October 29, 1929, when investors sold over 16 million shares of stock and caused the market to sink even lower

Question 5

Business cycle

Answer 5

The regular ups and downs of business in a free-enterprise economy

Question 6

The Great Depression was caused by all of the following

Answer 6

1. Worldwide economic problems
2. Debt
3. Overpopulated

Question 7

During the Great Depression, the number of women in the work force grew because

Answer 7

Women could be hired more cheaply than men

Question 8

Breadlines

Answer 8

Organized by local communities to provide food for the hungry

Question 9

Because the federal government provided little help during the depression, urban communities

Answer 9

1. Formed mutual-aid societies
2. Gave food to the hungry
3. Saw the creation of shantytowns

Question 10

During the depression many rural farm workers were

Answer 10

Forced to leave their land

Question 11

Josefina Fierro de Bright

Answer 11

Fought discrimination against migrant workers in the Southwest

Question 12

Movies, radio programs, and escapist novels of the 1930s offers relief from

Answer 12

The hardships of the depression

Question 13

William Faulkner

Answer 13

Author whose novel tragically portrayed life in Mississippi

Question 14

Rugged individualism

Answer 14

Belief that individual effort and private enterprise, not direct federal aid, could best provide for the need of the people

Question 15

The Agricultural Marketing Act established the

Answer 15

Federal Farm Board to buy up surplus crops

Question 16

In the early 1930s, Andrew Mellon advised the government do nothing to

Answer 16

Lesson the effects of the depression

Question 17

A.J. Muste

Answer 17

Socialist leader who gathered the jobless into Unemployment Leagues to demand work

Question 18

The Bonus Army protest resulted in all of the following

Answer 18

1. An increase in public unrest
2. Loss of public support for Hoover
3. Thousands of injured veterans

Question 19

Herbert Hoover

Answer 19

Did too little, too late to end the economic crisis

Question 20

Franklin D. Roosevelt

Answer 20

Candidate who won the 1932 election in part because of voter dissatisfaction with Republican handling of the depression