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- 1. Multiple Choice
In the 1920s, people used installment plans to buy consumer goods such asgasoline.food.stocks and bonds.household appliances. - 2. Multiple Choice* World War I ended in 1918
* Wartime industries were no longer needed.
* Large numbers of troops returned home, but there were few jobs for them.
The items listed above led to:the stock market crash of 1929.an economic boom.the outbreak of World War II.a recession that lasted several years - 3. Multiple Choice"Hoovervilles" during the Great Depression consisted ofgroups of makeshift homes in shantytownspoor urban immigrant communitiesdeserted towns filled with foreclosed businessespockets of the country that supported President Hoover
- 4. Multiple ChoiceWhat types of federal aid did President Herbert Hoover offer in order to help those affected by the Great Depression?relief for businesses and individualsloans for businessesaid given directly to individualsincreased military spending
- 5. Multiple ChoiceWhat practice in large part caused the stock market crash, sparking the Great Depression of the 1930's?government investing the taxes it collected in the stock marketpeople buying one stock and selling it the same day, called "day trading"banks purchasing a combination of stocks, bonds, and land investments with depositspeople overspeculating on stocks, using borrowed money that they couldn't repay
- 6. Multiple ChoiceThe picture above was a car used by migrants from Oklahoma, called Okies, during the Dust Bowl of the 1930s. People from Oklahoma migrated mostly to which of the following states?CaliforniaMichiganNorth DakotaTexas
- 7. Multiple ChoiceThe Supreme Court declared many New Deal programs unconstitutional. What did President Roosevelt attempt to do in response to these Supreme Court decisions?amend the Constitution to restrict the Supreme Court's powersign an executive order that nullified Supreme Court decisionsmake a bill that placed more justices on the Supreme Courtpass laws again after they had been declared unconstitutional
- 8. Multiple ChoiceHow did the Great Depression change the role of government in America?The federal government became less involved in the economyState governments became more important than the federal governmentThe role of government greatly expandedThe federal government decreased in size and scope
- 9. Multiple ChoiceWhich of the following statements is true about the New Deal?The New Deal did little to change the stagnant economyThe New Deal quickly ended the Great DepressionThe New Deal made the economic Depression slightly worseThe New Deal helped the economy to slowly recover.
- 10. Multiple ChoiceThe Securities and Exchange Commission, formed in 1934 during the First New Deal, still operates today bydistributing millions of dollars of direct aid to unemployed workers.insuring deposits in bank accountsregulating the stock market and restricting margin buyingproviding work in arts, theater, and literary projects
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