TEST 4 REVIEW 24

Front

What type of action did Herbert Hoover promote to solve the Great Depression? Rugged Individualism, Volunteerism and local charity, Nationalizing industries, Increased government spending, Tax cuts and deregulation

Back

Rugged Individualism, Volunteerism and local charity

Front

Why did Americans not approve of Herbert Hoover?

Back

Herbert Hoover was president during the Great Depression, and his policies were seen as ineffective in addressing the economic crisis.

Front

How did low agricultural prices, availability of credit and speculation in the stock market cause the Great Depression?

Back

they created a false sense of prosperity

Front

Which New Deal program was designed to provide jobs through public works projects?

Back

Civilian Conservation Corps (CCC)

Front

What was the main cause of the Great Depression?

Back

The collapse of the stock market in 1929

Front

During the Great Depression, what was the unemployment rate at its peak in the United States?

Back

About 25%

Front

What was the Dust Bowl?

Back

A severe drought that affected the Great Plains during the 1930s

Front

What contributed most to the cause of the Great Depression? Options: Expansion of international trade, Rise in wages, Increase in government spending, excessive buying and overspeculation in the stock market

Back

excessive buying and overspeculation in the stock market

Front

Why do historians consider the New Deal to be a turning point for the federal government?

Back

The New Deal marked a significant expansion of the government's role in the economy and social welfare.

Front

What is the purpose of the FDIC?

Back

To insure deposits in banks and thrift institutions in case of bank failures.