1930s

1.  Which statement about Franklin D. Roosevelt’s New Deal program is most accurate? 

• Protective tariff rates increased.
• Social welfare programs were expanded.
• Government regulation of business was reduced.
• Government support of environmental conservation ended.

The Federal Deposit Insurance Corporation (FDIC) and the Securities and Exchange Commission (SEC), established during the New Deal, were important because they

• increased the supply of money in the economy
• guaranteed loans to failing businesses and banks
• attempted to restore public confidence in financial institutions
• provided grants to unemployed workers 

What was one factor that led to the Great Depression?

• government limitations on the amount of money in circulation
• high wages paid by employers
• increases in the tax rate for corporations
• excessive speculation in the stock market

Much of the domestic legislation of the New Deal period was based on the idea that the federal government should

• favor big business over labor and farming
• assume some responsibility for the welfare of people
• own and operate the major industries of the country
• require local communities to be responsible for social welfare programs

A lasting effect of the New Deal has been a belief that government should

• own the principal means of producing goods and services
• allow natural market forces to determine economic conditions
• maintain a balanced federal budget during hard economic times
• assume responsibility for the well-being of its citizens

 In the 1930s, shantytowns, often called “Hoovervilles,” sprang up across the United   States because of President Herbert Hoover’s

• support for federal programs to provide jobs for the unemployed
• refusal to provide direct federal aid to the homeless
• efforts to help the residents return to their farms
• emergency relief program to provide food to the poor

President Franklin D. Roosevelt supported domestic policies that

• favored only one region of the nation
• attempted to increase the wealth of the rich
• led to tax cuts for all Americans
• provided direct help to those in need

Which conditions are most characteristic of an economic depression?

• high unemployment and overproduction
• large business investments and low taxes
• too much money in circulation and high stock prices
• high employment and increased real estate investments

New Deal programs such as the Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA) were primarily intended to help

•  farmers
•  homeowners
• businesses
• unemployed workers

 During the Great Depression, expressions such as Hoovervilles and Hoover blankets   showed that President Hoover

• was seen as a role model
• used the military to aid the unemployed
• was blamed for the suffering of the poor
• supported relief and public housing for the needy