Great Depression Test Prep

"You cannot extend the mastery of government over the daily working life of the people without, at the same time, making it the master of the people’s souls and thought." -President Herbert Hoover  The idea expressed in the quotation is a basis for President Hoover’s belief that the problems of the Great Depression could best be solved by

• nationalizing major industries

• requiring business to pay a minimum wage to workers

• 1. relying mostly on private enterprise and individual initiative to improve economic conditions

• creating government job programs for the unemployed

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

Name of FDR's program to spur economic recovery and provide relief in the 1930s

• New Deal
• New Nationalism
• New Freedom
• New Country

What did President Roosevelt introduce to help retirees?

• Federal Securities Act
• Social Security Act
• Second New Deal

• Works Progress Administration

Which of the following greatly harmed FDR's popularity?

• the Wagner Act
• the social security system
• his court-packing reform
• government funding of the arts

Availability of easy credit led to _____________ by many Americans in the 1920's

• Increased savings

• Overspending

• Decreased Spending

• 1. Early Retirement

All of the following were root causes of the Great Depression except

• Falling crop prices for farmers

• A growing imbalance between rising productivity & purchase power

• Unsound banking practices

• Overly generous wage increases in US factories

What did the Bonus Army want

• bonus money early

• Reenlistment in the armed forces

• To overthrow the government

• Stocks

The primary purpose for the creation of the Federal Deposit Insurance Corporation

• oversee a system of pensions for the elderly

• stabilize financial institutions of the United States by protecting bank deposits

• establish relief agencies for the needy

• To guarantee stock purchases

During the Depression, African Americans, Hispanics, and Asian Americans

• often lost jobs to white laborers.

• made great strides in equal rights legislation.

• were less affected than other groups

• were encouraged to start their own businesses