The Great Depression quiz review

Many people during the 1920s bought goods.....

• that were way overpriced. Companies began to lower their prices on products, which led to the beginning of the Great Depression.

• on credit and did not have the money to pay off their debt. This led to the Great Depression.

• on credit and were able today their debts off easily. This led to the U.S economy to boom.

• that were underpriced. Companies began to raise the prices on goods, causing many people to not be able to afford every day items.

This is a term used to describe metal shacks that were built outside of major cities during the Great Depression.

• Roosevelt Towns

• Hoover Cities

• Homeless Shelters

• Hoovervilles

This was a term coined by Herbert Hoover. He suggested that people should be the ones to help themselves out of these economic hard times and the government should offer very little assistance.

• Rugged Personalism

• Rugged Individualism

• Self Help

• Self Motivation

The Civilian Conservation Corps (CCC)....

• helped ease the affects of the Great Depression on the Tennessee Valley by building dams to create jobs.

• helped ease the affects of the Dust Bowl by providing shelter to people trying to escape the massive dust storms.

• helped ease the affects of the Dust Bowl by planting to trees to prevent further soil erosion.

• helped ease the affects of the Great Depression by donating money to the banks to help them reopen.

This is a term used to describe an upward trend in stocks, which signifies the economy is doing great.

• Bull Market economy

• Bear Market economy

• Great Depression economy

• Wolf Market economy

This is a term used to describe a downward trend in stocks, which signifies the economy isn't doing well.

• Bull Market economy

• Bear Market economy

• Great Depression economy

• Wolf Market economy

This is a term used to describe the talks Theodore Roosevelt would have with the American people. He would speak over the radio and inform everyone what was happening in the U.S during the Great Depression. This led people to have more hope and allowed them to feel personally connected the the President.

• Fire side chats

• River side talks

• Hooverville chats

• Radio broadcast shows

This was a group of WWI veterans that wanted Congress to give them their bonus they were promised for fighting in the Great War. Congress could not afford to pay them, so they marched to Washington to protest this "bonus congress".

• The Money Army

• The Bonus Brigade

• The Bonus Veterans

• The Bonus Army

President Franklin Roosevelt declared a bank holiday in his first 100 days in office because....

• he wanted to prevent over investing in the banks. Once people began to keep their money at home, the banks would reopen.

• he wanted to prevent over drafting from the banks. These banks remained closed for the entire Great Depression.

• he wanted to prevent over drafting from the banks. Once a bank was financially able to, they could reopen.

• he wanted to encourage trading stocks. Once people began to invest in the stock market, the banks would reopen.

Which options apply to how the Great Depression effected international trade?

• Nations around the world became isolationists, so they could focus on fixing the problems in their own country.

• Nations around the world began to put high tariffs on foreign imports to encourage their citizens to buy domestic made products

• Nations around the world would start to put quotas on imported goods to limit the amount of foreign products entering their country.

• All options are true