New #05 Great Depression STAAR Review 17-22 - v2

Flashcard
•
History
•
11th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What was one factor that helped turn the Great Plains into the Dust Bowl in the 1930s?
Back
intense drought in the region
Answer explanation
The intense drought in the region was a major factor that turned the Great Plains into the Dust Bowl in the 1930s.
2.
FLASHCARD QUESTION
Front
Which statement best describes how investment in the stock market during the mid to late 1920s contributed to the Great Depression? Options: people weren't able to repay the loans used to purchase stocks, Government taxes on stock transactions made it difficult to repay investors, financial institutions were not required to report earnings to stop investors, foreign countries were not required to immediately pay stockholder earnings
Back
people weren't able to repay the loans used to purchase stocks
Answer explanation
Investors during the 1920s couldn't repay stock purchase loans, leading to the Great Depression.
3.
FLASHCARD QUESTION
Front
How did the Great Depression affect American society?
Back
Businesses were forced to close causing widespread unemployment.
Answer explanation
The Great Depression caused businesses to close, leading to widespread unemployment.
4.
FLASHCARD QUESTION
Front
Which phrase correctly replaces the question mark in this diagram? Options: increase in minimum wage, growth of immigration, increase in unemployment, growth and consumer spending
Back
increase in unemployment
Answer explanation
The correct phrase that replaces the question mark in the diagram is 'increase in unemployment'. This choice accurately reflects the negative correlation between the increase in unemployment and the decrease in consumer spending.
5.
FLASHCARD QUESTION
Front
How did this response to the Great Depression differ from the ideas of Franklin D Roosevelt?
Back
Hoover wanted to limit the role of the Federal Government in managing the crisis.
Answer explanation
Hoover's response to the Great Depression differed from Roosevelt's. Hoover wanted to limit the role of the Federal Government in managing the crisis, while Roosevelt wanted date governments to regulate Private Business activity.
6.
FLASHCARD QUESTION
Front
What is the purpose of the Securities and Exchange Commission?
Back
to maintain Fair markets and increase investor confidence in financial institutions
Answer explanation
The purpose of the Securities and Exchange Commission is to maintain fair markets and increase investor confidence in financial institutions.
7.
FLASHCARD QUESTION
Front
Which New Deal program still in existence today provides an income for retired people?
Back
Social Security Administration
Answer explanation
The Social Security Administration is the New Deal program that provides an income for retired people.
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