Great Depression

Critics who thought the New Deal went too far claimed which of the following?

• The government should nationalize the country's wealth and natural resources
• The new laws gave the president too much authority
• The enormous expansion of the federal government was a step toward communism

Businesses were hurt by the stock market crash because they

• lost their savings in failed banks and had to close or cut back
• had lent money to foreign countries and were not paid back
• had no workers to make goods

Which group suffered most in the Dust Bowl?

• unskilled laborers
• industrial workers
• farmers

Americans regained faith in banks after President Roosevelt signed the Emergency Banking Relief Act into law because the act

• allowed only healthy banks to remain open, so people had confidence in banks that passes the act's requirements
• gave people the right to withdraw their money without penalty or waiting period
• required the federal government to pay back in full customers of any bank that failed

Herbert Hoover lost the election in 1932 mainly because Americans

• thought he would raise taxes
• thought he would spend too much government money
• lost confidence in him or blamed him for the Depression

The TVA is significant because it hired people to 

• deliver food to the poverty-stricken Dust Bowl residents
• build dams and generators that provided electricity
• work on farms to help stabilize agriculture

What problems did President Roosevelt have with the Supreme Court?

• The court would not give him adequate funding for the New Deal programs
• The court issued a series of rulings declaring many New Deal programs unconstitutional
• He was not given the chance to nominate new Supreme Court justices

Which of the following is a lasting effect of the New Deal?

• workplace safety
• clean air and water
• the protection of the savings of bank customers

Which of the following best describes Black Tuesday?

• half a million workers lost their jobs
• Hoover lost the election
• The stock market crashed

People who could not afford to buy stocks at full price began _______________, which means they bought the stocks on credit with loans

• buying on margin
• paying back loans
• pooling their money together