Great Depression 42

During the 1920 The U.S. moved through which phase of the business cycle? A expansion B peak C contraction D through

expansion

Which group experienced an early depression in the 1920s A farmers B banks C business men D Coach Mincher

farmers

A major cause of the sharp decline in prices in 1929 was A high tariff rates that decreased the popularity of stocks. B corporate failures that made buying stocks unprofitable. C speculation in stocks that made values unstable. D investigations into stock market practices that exposed fraud

speculation in stocks that made values unstable.

What does this photograph show? A bank closures B a Hooverville C the Dust Bowl D the stock market crash

the Dust Bowl

How did the uneven distribution of the nation's wealth lead to the depression? A Farmers had huge surpluses of crops, but demand for them decreased drastically so they went into debt B All of the choices C Wealthy people grew wealthier and had money to spend on consumer products, but this spending was not enough to keep the economy booming. D Acquiring a line of credit was easy, but it caused more debt for people who could not make payments

Acquiring a line of credit was easy, but it caused more debt for people who could not make payments

Which of these factors helped hide the economic problems 1920s? A Investors lost confidence in the markets B farmers sold crop surpluses to pay off their debts C Americans purchased many consumer goods on credit D wages increased at the same pace as worker productivity

Americans purchased many consumer goods on credit

Which of these factors helped hide economic problems in the 1920s? A Investors lost confidence in the market B farmers sold crop surpluses to pay off their debts C Americas purchased many consumer goods on credit D Wages increased at the same pace as worker productivity

Americas purchased many consumer goods on credit

Most Dust Bowl migrants headed to which of the following states? A California B Nevada C Oklahoma D Texas

California

Use the map attached and your knowledge of social studies to answer the following question. What was the destination of most Dust Bowl migrants? A agricultural areas to the north B cities to find work C California's central valley D Kansas City

California's central valley

Use the attached timeline and your knowledge of social studies to answer the following question. What event happened when the veterans group marched in protest on Washington? A Over twenty thousand protestors set up camps and peacefully occupied empty government buildings B Congress ordered General MacArthur to use federal troops to remove the protestors by using force C General MacArthur along with Dwight Eisenhower and George Patton, agreed it was necessary to use force to remove the protestors D Federal troops used tear gas and marched with their bayonets on the protestors; many of the veterans were injured.

Federal troops used tear gas and marched with their bayonets on the protestors; many of the veterans were injured.

Why did the Bonus Army march in Washington DC? A The Federal Reserve refused to pay veterans their bonus B Mac Author attached protestors demanding their bonuses C Hoover vetoed a bill providing early payment of veterans bonuses D just because

Hoover vetoed a bill providing early payment of veterans bonuses

Why did many Americans decide they needed new leadership in 1932? A prices for farm products were rising again B Congress passed a bill given veterans their bonuses C Hoover's volunteerism and trickle-down economics had failed D Hoover denied responsibility of using federal troops on protestors

Hoover's volunteerism and trickle-down economics had failed

What event occurred on Black Tuesday? A Unemployment reached 25% B The Federal Reserve lowered interest rates C Investors sold over 16 million dollars worth of stock D Germany stopped reparations payments to the U.S

Investors sold over 16 million dollars worth of stock

What was one effect of the Smoot-Hawley Tariff Act? A It helped decrease the costs of exported goods. B It increased global economic instability. C It stimulated worldwide manufacturing. D It allowed local banks to buy foreign companies

It increased global economic instability.

Which statement best describes an agricultural practice that led to the decline of the farming industry in the 1930s? A Western farmers constructed elaborate systems of irrigation to bring water to desert regions. B Farmers imported seed and grain from other countries to supplement domestic supplies. C Technology was used to clear large tracts of land, resulting in the overproduction of crops. D Cattle drives were increased to meet the demand from consumers in eastern states

Technology was used to clear large tracts of land, resulting in the overproduction of crops.

Which factor contributed to the Great Depression over seas? A Europe increased trade to the U.S. B Congress lowered tariffs on foreign imports C American industry reduced production levels D The US curtailed investments in Europe

The US curtailed investments in Europe

The policy of volunteerism called for which of the following A higher taxes B The policy of volunteerism called for which of the following D less reliance on charitable contributions

The policy of volunteerism called for which of the following

President Hoover urged Congress to institute the (Reconstruction Finance Corporation) RFC because he believed that the economy suffered from A a lack of credit B over-employment C too much government regulation D a concentration of wealth in large businesses

a lack of credit

All of the following contributed to the bank failures of the late 1920s except A unpaid farm loans. B the stock market crash. C overextension of credit. D bank holidays

bank holidays

Congress instituted the Reconstruction Finance Corporation (RFC) to loan money to A European nations so that they could pay off their war debts B Investors so that they could engage in more stock speculation C Depositors so that they could withdraw their savings from banks D banks so that they could lend money to businesses to stimulate economic activity

banks so that they could lend money to businesses to stimulate economic activity

Why did volunteerism fail? A Banks made too many loans to struggling businesses B businesses and citizens acted in their individual best interest C Hoover supported more government intervention D it was a bad idea in the first place

businesses and citizens acted in their individual best interest

Use the attachment to answer the question How did farmers such as Lawrence Svobida respond to the conditions described in this excerpt? A by adopting new agricultural techniques B by establishing farm unions to demand relief C by organizing new sharecropping agreements D by moving west to seek alternative employment

by moving west to seek alternative employment

Some Americans blamed the Great Depression on A socialism B communism C capitalism D Katie M.

capitalism

Which factor aided the growth of the U.S. economy during the 1920s? A increase in monopolistic business practices B decreased government restrictions on businesses C shift in population from rural areas to cities D decreased participation in foreign markets

decreased government restrictions on businesses

Both African Americans and Mexican Americans had an especially difficult time during the Great Depression because they A had little community and family support upon which to rely B were forced to migrate from the South to find work in northern cities C had to fight repatriation efforts by local, sate, and federal government officials D faced discrimination when competing with White Americans for a limited number of jobs

faced discrimination when competing with White Americans for a limited number of jobs

Which of these factors contributed to the plight of rural farmers A a long rainy season B decreased debt burden C falling prices for crops and livestock D increased demand for agricultural products

falling prices for crops and livestock

What was the main cause for the need for soup kitchens during the 1930s? A increase in food prices B decrease in crop production C high rate of unemployment D exchange rate of the dollar

high rate of unemployment

Which factor best explains the increased production of U.S. factories during the 1920s? A higher wages for skilled laborers B reduced tax rates on income and property C improved innovations in manufacturing D fewer accidents and safety issues in factories

improved innovations in manufacturing

On the onset of the Great Depression urban unemployment A decreased slightly B stayed about the same C increased slightly D increased dramatically

increased dramatically

In 1929, the stock market crashed because... A the FED increased the money supply B Germany ceased reparation payments to the US C investors lost confidence in the market and rushed to sell their shares D depositors lost their investments and tried to withdraw all their savings from banks

investors lost confidence in the market and rushed to sell their shares

President Hoover urged Congress to institute RFC because he believed the economy suffered from A lack of credit B over employment C too much government regulation D a concentration of wealth in large businesses

lack of credit

What was one major result of the event shown in the illustration? A increased nativist sentiment in the Midwest B creation of the Environmental Protection Agency C demands made by the Populist Movement D migration of agricultural laborers to California

migration of agricultural laborers to California

The unemployment rate of African Americans was A nearly double the national rate B slightly higher than the national rate C slightly lower than the national rate D about the same as the national rate

nearly double the national rate

European countries reacted to the Hawley-Smoot Tariff by A increasing global trade B passing high protective tariffs C importing more American goods D lowering prices on European goods

passing high protective tariffs

Why were banks one of the first institutions to feel the effects of the stock market crash? A people began to lose confidence in the economy and frightened depositors began to remove their deposits from banks B Banks gave out too many loans in the 1920s, so there was a great deal of money in circulation C The Federal Reserve increased interest rates in the 1920s to stimulate economic growth, but then limited the money supply to discourage lending D After the stock market crash people went to banks to secure their hard money so they could circulate it back into the economy

people began to lose confidence in the economy and frightened depositors began to remove their deposits from banks

Use the photograph attached to answer the question. People likely abandoned this place because... A the land could not be farmed B They had lost their investments C the banks and businesses had closed D too many homeless people had moved there

the land could not be farmed

The Dust Bowl in the 1930s resulted from A the over-use of farmland. B the introduction of new crops. C work programs. D increased pollution.

the over-use of farmland

President Hoover responded cautiously to the Great Depression because he A thought the business cycle would correct itself B Was distracted by the giant dust storms on the Great Plains C did not have any experience with economic theory D believed that the federal government needed to take an active approach to recovery

thought the business cycle would correct itself

Farmers contributed to the conditions that led to the Dust Bowl by A putting down new layers of top soil B moving off the plains to find new farmland C damning western rivers D using intensive farming practices that removed protective grasses

using intensive farming practices that removed protective grasses