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- 1. Multiple ChoiceThis Program helped retireesSocial Security ActSocial Service ActStock Market AdviceCCC
- 2. Multiple ChoiceA _______________ government is a government that basically governs least.DeficitNational DebtLas VegasLaissez Faire
- 3. Multiple ChoiceWhat was created to protect bank deposits up to $5,000?WPACCCTVAFDIC
- 4. Multiple ChoiceThe New Deal Gave Americans hope but it failed to end the Great Depression.TrueFalse
- 5. Multiple ChoiceWhy did Franklin Roosevelt close banks when he became president?to prevent "runs" on the banksto consolidate the assets fo several banksto reduce the number of banks in operationto allow the banks to receive money from the federal government
- 6. Multiple ChoicePresident Hoover's philosophy that Americans must work harder to dig out of the depression.chicken in every potrugged individualismSquare DealNew Deal
- 7. Multiple ChoiceWhat New Deal agency monitors the stock market?FBICCCFDICSEC
- 8. Multiple ChoiceThe TVA generated what for the people of the Tennessee River Valley?electricityoilfresh waternatural gas
- 9. Multiple ChoiceWhat are cash payments or food given by the government straight to the poor?direct reliefprice supportsfiat moneyrugged individualism
- 10. Multiple ChoiceWhat federal policy led to the expansion of the Federal Government?New DealReturn to NormalcyFair DealGreat Deal
- 11. Multiple ChoiceAlso known as Keynesian Economics, it's when the government spends more money than it receives in taxesdeficit spendingspeculationbuying on marginsurplus spending
- 12. Multiple Choice
October 29th, 1929Black MondayBlack TuesdayBlack WednesdayBlack Friday - 13. Multiple ChoiceThe election of Franklin D. Roosevelt to the Presidency in 1932 reflected the desire of many Americans tohave government take an active role in solving economic problemsreturn to a policy of laissez-faire capitalismcontinue the domestic policies of the Hoover administration
- 14. Multiple ChoiceWhat was the name given to President Roosevelt's plan to alter the Supreme Court to increase his power in having his New Deal legislation passed instead of having it struck down on constitutional grounds?The New DealThe Great DepressionCourt PackingSecond New Deal
- 15. Multiple ChoiceWhat were the major goals of the New Deal?no gold standard and free coinage of silverabolition and suffragerelief, recovery, and reformexpanding the size and economic influence of the United States
- 16. Multiple ChoiceWhat New Deal program was an answer to demands for a pension for the elderly as put forward by Dr. Francis Townsend?National Labor RelationsTennessee Valley AuthorityWorks Progress AdministrationSocial Security
- 17. Multiple ChoiceDuring the Great Depression, the overall unemployment rate was about100%75%25%10%
- 18. Multiple ChoiceAll of the following were important causes of the Great Depression exceptboth individuals and businesses built up large debts because of easy credit.tariffs on foreign imports were lowered.the federal government did not insure people's bank accounts.
- 19. Multiple ChoiceThe _____ was created by private business and the federal government working together.Smoot- Hawley Tariff ActFederal ReserveGreat DepressionHoover Dam
- 20. Multiple ChoiceWhat were two key ideas that helped shape Hoover's core beliefs?rugged individualism & associative statebootstraps and pullingindependence & limited governmentSocialism & Communism
- 21. Multiple ChoiceWhy did the Stock Market crash on October 29,1929?Only very wealthy people invested in the Stock MarketPeople distrusted the stock market as a way to make moneyPeople panicked and began selling their stocks when economists warned peopleStock prices were at an all-time high and no one wanted to sell
- 22. Multiple ChoiceWhich of the causes for the Great Depression is shown in the picture?Wealth inequalitiesBuying on creditoverproducationstock market speculation
- 23. Multiple ChoiceWhat did President Roosevelt do during his Fireside Chats?Attacked the critics of the New DealCriticized President Hoover's handling of the Great DepressionExplained the ideas behind his New Deal prgramsStopped the use of government funds to provide jobs
- 24. Multiple ChoiceWho made up the Bonus Army that marched on Washington?WWI vets and their familiesfarmers forced off their land by dust stormsunemployed industrial workers and their familiesbusiness and labor leaders who agreed to work together
- 25. Multiple ChoiceWhat does buying stock on margin mean?purchasing the stock outside the regular stock exchangebuying the stock for someone elsepaying less than the market price of the stockborrowing money to help pay for the stock
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