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Great Depression

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  • Herbert Hoover had conservative fiscal beliefs.
    True
  • The Stock Market Crashed due to:
    prices inflated due to over speculation, a stock sell-off that got out of control, investors buying on margin
  • The purpose of the TVA was to--
    Provide flood control, electricity generation, economic development, and new jobs.
  • What was one effect of the Smoot-Hawley Tariff Act?
    Global trade plummeted, contributing to the ill effects of the Great Depression and more poverty.
  • The October 1929 collapse of stock prices as investors rushed to sell off shares causing stock prices to drop dramatically was called the--
    Stock Market Crash
  • FDR was elected President in 1932
    True
  • What was a "Fireside Chat"
    speeches given over the radio by FDR during the Great Depression
  • Mexican Repatriation of the 1930s involved
    Movement based on ethnicity not citizenship and providing jobs for white Americans
  • FDR enacted the New Deal
    True
  • The purpose of the AAA was to--
    Pay farmers subsidies to not plant on part of their land in order to raise the value of crops.
  • What were Hoovervilles?
    The nickname for tent villages filled with people who had lost their homes or jobs during the Great Depression.
  • One main cause of the Great Depression was:
    surplus of farm crops due to over production since WWI
  • The purpose of the WPA was to--
    Build Roads and public buildings
  • The purpose of the FDIC was to--
    Provide deposit insurance to customers of U.S. banks to restore trust in the banking system.
  • FDR believed strongly in reform
    True
  • The WPA, FDIC, and TVA were all-
    New Deal agencies established by Franklin D. Roosevelt's administration to help alleviate the suffering caused by the Great Depression
  • FDR was elected to 5 terms in office
    False
  • Herbert Hoover was the great "hero" of the Depression.
    False
  • What percent of deported Mexicans were American citizens?
    60%
  • The ultimate purpose of the New Deal was to--
    End the Great Depression
  • Herbert Hoover did little to combat the effects of the economic collapse.
    True
  • The Dust Bowl was--
    The region of the Midwest that experienced extremely arid conditions and long, destructive dust storms which destroyed crops and farmland.
  • What percentage of black men were unemployed during the Great Depression?
    50%
  • The legacy of the New Deal included--
    The U.S. government taking a larger role in people's lives.
  • Bonnie and Clyde were:
    Bank robbers, glamorized by the public, and killed by law enforcement
  • Herbert Hoover did not think the government should get involved in the economy.
    True
  • Which of the following was a cause of bank failures in the early 1930s?
    People who feared that the banks would close rushed to withdraw their money.
  • The purpose of FDR's Social Security program was to--
    Provide benefits for retired people and the unemployed through a payroll tax
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