American History Chapter 22

After the stock market crash, how did President Hoover try to help the economy?

• by lowering foreign tariffs
• by asking businesses to not lay off employees
• by funding handouts of food and clothing
• by closing banks

Who made up the Bonus Army that marched on Washington?

• business and labor leaders who agreed to work together
• farmers forced off their land by dust storms
• World War I veterans and their families
• unemployed industrial workers and their famileis

What does buying a stock "on the margin" mean?

• borrowing money to help you pay for the sock
• purchasing the stock outside the regular stock exchange
• paying less money than the market price of the stock
• buying the stock for someone else

What was the name given to the men and boys who rode the rails and they searched for work?

• entrepreneurs
• Okies
• speculators
• hoboes

Herbert Hoover supported direct (governmental) relief.

• true
• false

Racial tensions in the United States decreased during the Great Depression.

• true
• false

One of Hoover's biggest success was

• the Smoot-Hawley Tariff Act
• the creation of the Boulder Dam
• supporting the Bonus Army
• creating the Reconstruction Finance Corporation

Black Tuesday is

• when the worst Dust Storm occurred
• the day the stock market crashed
• the day many African Americans were forced to move out of the South
• the day Herbert Hoover took office

How did World War I contribute to causing the Great Depression?

• Americans had spent their money on war bonds and were unable to buy goods
• American industry was geared for creating weapons and had a difficult time shifting back to consumer goods
• Soldiers returning from teh war were unskilled and had difficulty finding jobs
• Foreign countries had borrowed money to pay for the war so they could not afford to buy American goods
  

Which of the following increased in the 1920's?

• prices for farm products
• foreign demand for U.S. products
• domestic demand for U.S. products
• farmers' debts