Depression& New Deal

Question 1

Who was the president at the beginning of the Great Depression?
A. Franklin D Roosevelt
B. Herbert Hoover

Answer 1

Herbert Hoover

Herbert Hoover served as the 31st president of the United States from 1929 to 1933.

Question 2

What year did the stock market crash occur?
A. 1928
B. 1929

Answer 2

1929

Question 3

Which state was not a part of the dust bowl?
Colorado or Arkansas

Answer 3

Arkansas

Question 4

Which word means a tax on foreign products?

Answer 4

Tariff

Question 5

Which best describes the Great Depression?
A. Lack of food
B. High unemployment rates

Answer 5

High unemployment rates

Question 6

True or false: by the end of the 1920’s many Americans were used to economic expansion

Answer 6

True

Question 7

Did it seem easy to them to make money by investing in stocks?

Answer 7

Yes

Question 8

For most of the 1920’s the stock market was a bull market, what does that mean?

Answer 8

A market with rising stock values

Question 9

Some people who could not afford stocks full price began what?

Answer 9

Buying on margin purchasing stocks on credit or with borrowed money

Question 10

The stockholders planned to sell stock at high prices, pay back the loan and get what?

Answer 10

A profit for what was left over

Question 11

Did this method work in a bear market?

Answer 11

No, a bear market is one with declining prices.

Question 12

Once stock prices started to fall what did people rush to do?

Answer 12

Sell stocks to pay off loans

Question 13

When was black Tuesday ?

Answer 13

Oct 29th, 1929

Question 14

What was black Tuesday?

Answer 14

The stock market crashed when people wanted to sell their stocks and few wanted to buy , this led to stock prices collapsing

Question 15

What happened to the economy after the stock market crash?

Answer 15

The economy collapsed too

Question 16

What happened to banks?

Answer 16

They closed becuase they had invested heavily in the stock market and made loans to people who bought on margin purchasing stocks

Question 17

What happened to businesses?

Answer 17

Those that had placed their savings in the banks that closed lost their money

Question 18

How many people were unemployed after the stock market crashed

Answer 18

Over 4 million

Question 19

What are 5 events that led to e-commerce depression?

Answer 19

1-buisnesses produced more then they could sell
2- surplus of unsold goods
3- businesses cut
Back on production and laid off workers
4- people bought fewer goods
5- businesses failed

Question 20

Which of the following insured bank deposits? CCC or FDIC?

Answer 20

FDIC

Question 21

What is Buiness cycle?

Answer 21

An up and down pattern of consumer purchasing and production of goods

Question 22

Were many Americans disappointed with Herbert Hoovers reaction to economic conditions?

Answer 22

Yes

Question 23

What did HH believe about the poor?

Answer 23

That private individuals and institutions should assist the poor

Question 24

What corporation loaned money to financial institutions?

Answer 24

The Reconstruction Finance Corporation

Question 25

What was the Bonus Army?

Answer 25

World War 1 veterans came to the capitol to demand early payment of a military bonus

Question 26

Who used force, tanks and tear gas to remove the bonus army?

Answer 26

General Douglas MacArthur

Question 27

Who defeated Hoover in the presidential election in 1932?

Answer 27

Franklin Delano Roosevelt

Question 28

What did FDR establish that gave unemployment assistance to many unemployed workers?

Answer 28

TERA: Temporary Emergency Relief Administration

Question 29

What helped Farmers refinance their mortgages so they could keep their homes?

Answer 29

FCA- Farm Credit Administration

Question 30

What help stabilize agricultural prices?

Answer 30

AAA Agricultural Administration Act

Question 31

What addressed buisness concerns by eliminating unfair competition?

Answer 31

NIRA- National Industrial Recovery Act

Question 32

The National Industrial Recovery Act law was passed by who?

Answer 32

Frances Perkins, the nations first woman cabinet member

Question 33

What act provided financial assistance to the elderly, disabled , children and the unemployed?

Answer 33

SSA- social security Act

Question 34

What guaranteed deposits in individual bank accounts?

Answer 34

FDIC- federal deposit Insurance corporation

Question 35

Critics of the New Deaal had concerns that the Neal Deal would raise what?

Answer 35

Taxes

Question 36

What senator thought the New Deal didn’t do enough so he proposed the Share Our Wealth Program?

Answer 36

Senator Huey Long

Question 37

What employed 8.5 million people to build prisons , tunnels, dams, hospitals and courthouses?

Answer 37

WPA- works Progress Administration

Question 38

What act allowed workers to join labor unions and take part in collective bargaining?

Answer 38

The Wagner Act

Question 39

What organized workers into unions based on industry, not skill?

Answer 39

The CIO- the Congress of Industrial Organizations

Question 40

What is the term for workers who stayed in factories so they could not be replaced with new workers?

Answer 40

Sit down strikes

Question 41

Parts of the Great Plains came to be known as the what when severe drought destroyed the farms?

Answer 41

The Dust Bowl

Question 42

Did American farmers hard times begin well before the Great Depression?

Answer 42

Yes

Question 43

What happened to farmers during the dust bowl?

Answer 43

They were unable to raise crops, they could not pay their mortgages and they lost their farms

Question 44

What did soil conservation experts encourage farmers to do?

Answer 44

Plant grass to hold soil in place and plant trees to help break the wind

Question 45

Where did 2.5 million people head to during the dust bowl times?

Answer 45

California to look for jobs

Question 46

What happened to children during the Great Depression?

Answer 46

They had to leave school and work at low paying jobs

Question 47

What happened to minority groups?

Answer 47

They faced discrimination and had difficulty finding work

Question 48

Who was an educator who was appointed to President Roosevelts cabinet?

Answer 48

Mary McLeod Bethune

Question 49

What helped lift people’s spirits during the Depression?

Answer 49

Depression Era culture

Question 50

Who did the WPA, the New Works Progress Adminstration hire to help preserve American Culture?

Answer 50

Various artists

Question 51

What author was affected by the Great Depression? What was his famous novel vel called?

Answer 51

John Steinbeck, The Grapes of Wrath

Question 52

Who was the photojournalist who became famous for her photos of people surviving the Great Depression and what was her most famous photograph?

Answer 52

Dorothea Lange, Migrant Mother

Question 53

Neal Deal critics pointed out that Roosevelts programs did not end what?

Answer 53

The Great Depression

Question 54

When did full recovery from the Great Depression occur?

Answer 54

Early 1940’s after the US entered WWII

Question 55

What did Roosevelts supporters believe about the New Deal?

Answer 55

They believed it gave Americans help and hope in a time of severe economic crises

Question 56

What were 5 causes of the New Deal?

Answer 56

1- stock market crash 2- banking crises 3- soaring unemployment 4- Farmers troubles 5- widespread poverty

Question 57

What were 3 effects of the New Deal?

Answer 57

1- expanded role of federal government 2- created major programs such as Social Security and the FDIC 3- provided hope and relief to many Americans