great depression

All of the following were causes of the depression except

• buying stock on margin

• increased foreign demand for US products

• overproduction of manufactured goods

• large amounts of consumer debt

What happened on black Tuesday?

• a record number of banks closed

• a record number of people tried to sell their stocks

• a record number of people declared bankruptcy

• The New York Stock exchange went out of business

The Dust Bowl created a migration of people moving mainly

• east

• north

• south

• west

The phrase "buying on margin" refers to a way of purchasing

• stock

• land

• consumer goods

• food

Why did the Bonus Army march on Washington D.C.?

• Its members wanted the government to give them jobs

• to keep unemployed people busy and out of trouble

• It wanted the government to replace the money lost during bank failures

• It wanted the government to pay WWI veterans a bonus early

To rebuild public confidence during the Great Depression, FDR gave a series of radio talks that were known as

• the New Deal

• fireside chats

• the Square Deal

• Wagner Acts

The practice of using borrowed money to fund programs that the government does not have enough income from taxes is called

• deficit spending

• buying on margin

• social security

• bank holidays

Which government agency established during the New Deal to restore public's confidence in banks still operates today?

• The Federal Reserve Board

• The Securities and Exchange Commission (SEC)

• The Social Security Act (SSA)

• The Federal Deposit Insurance Corporation (FDIC)

What percentage of Americans were unemployed in 1933?

• 25%
• 35%
• 50%
• 2%

The President who was mostly blamed for worsening the Great Depression 

• Roosevelt 
• Eisenhower
• Hoover
• Jefferson

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