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20 questions
Which of the following is NOT a cause of the Great Depression?
Overproduction and underconsumption
High tariffs restricting trade
buying stocks on the margin
high income taxes
What was President Herbert Hoover's response to the Great Depression?
He believed "rugged individualism" would solve the economy
He created mass welfare
He increased infrastructure to create jobs
He violated his policy of laissez-faire
Why did many midwestern farmers migrate from the Great Plains to California?
There was no unemployment on the West Coast
California was experiencing a gold rush
The Dust Bowl pushed farmers out of the Great Plains
The Stock Market crash led farmers to lose their homes on the Great Plains
How did Americans feel about Hoover's approach to the Great Depression?
They accepted his "hands-off" approach and policy of "rugged individualism"
They were glad that Hoover did not increase federal programs and therefore increase taxes
They expected Hoover and the federal government to help them, and nicknamed shantytowns "Hoovervilles" in anger
They began promoting radical communism in an attempt to overthrow Hoover's capitalist policies
Which of the following did NOT cause the Dust Bowl?
drought
lack (not there) of crop rotation
overproduction
reduction (less) of farming
Which event marked the end of the Roaring 20's and the started of the Great Depression in the 1930s?
The election of Herbert Hoover
The Stock Market Crash
The Dust Bowl
The Election of Franklin D. Roosevelt
What caused the stock market to crash?
Germany discontinued reparation payments
Investors lost confidence (did not trust) in the market
The Federal Reserve increased the money supply
Russian hackers were to blame
The cautious response to the Great Depression by President Hoover was because
Was distracted by giant dust storms in the Great Plains
Believed the Great Depression was good for America
He believed the business cycle (economy) would correct itself
He did not have enough knowledge of business to fix it
Why did Americans feel the need for new leadership in 1932?
Hoover's volunteerism and economic policies failed
Prices on farm products were rising
Hoover moved to California because of the Dust Bowl
Hoover gave WWI veterans their bonuses early
Why did the Bonus Army march on Washington D.C.?
Government attacked veterans at home and stole their bonuses
Government refused to give their bonus payments early
Congress failed to pass a bill promising to pay veterans
President Hoover made a vulgar remark on Twitter
Black Tuesday involved
Germany stopping reparation payments
Interest rates lowering
Unemployment reaching nearly 25%
Investors selling more than 16 million shares of stock
What was the government response to the Bonus Army's marching on Washington D.C.?
The government gave them an immediate payment
They peacefully occupied empty government buildings
They tried to deport them
Tear gas and tanks were used against veterans
Buying on margin means
Using an installment plan to buy a car
Buying a house with cash
Buying stock on credit
Promising to pay back a friend money you loaned from them
Hoovervilles were
The name given to soup kitchens
Hastily built lodgings for unemployed people
Towns where everyone was named Hoover
Factories where vacuum cleaners were built
The day the stock market crashed is also known as
Yellow Wednesday
Brown Monday
Red Thursday
Black Tuesday
Who is elected president in 1932?
Harry S. Truman
Herbert Hoover
Dwight D. Eisenhower
Franklin D. Roosevelt
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