Chapter 11

Why was Alfred E. Smith attacked during the 1928 election campaign?

• He was a democrat

• He was Catholic

• He was a crook

• He was a republican

Why did stock prices begin to fall in 1929?

• Investors began to sell their stocks

• It was a bull market

• Banks closed

• Hoover was president

What happen when a bank collapsed during the Great Depression?

• The Government borrowed it money

• The bank had insurance from the government

• The stock market improved

• People lost their savings

How did the Federal Reserve contribute to the weaknesses in the stock market?

• Keeping interest rates high

• Keeping interest rates low

• They put more money in circulation

• They put less money in circulation

Why did farmers start to lose their crops during the Depression?

• The government restricted what they could plant

• There was a strike

• The farmers were sent to war

• A drought dried the soil

What was Hoover's hopes regarding public works?

• The government would be able to tax the project for more money

• They would fix our roads

• Provide jobs lost in the private sector

• It would eliminate debt

How did the National Credit Corporation try to rescue banks?

• Continue lending money to their communities

• Continue lending money to banks

• Continue lending money to the government

• Continue lending money to the stock market

Why did Hoover oppose direct federal aid for the unemployed?

• He believed in survival of the fittest

• Only state and city governments should give relief

• He thought only democrats give relief

• all of the above

Why did WWI veterans go to Washington in 1932?

• To volunteer to go to war

• To boycott the stock market

• To encourage legislation to give vets their promised bonuses early

• to overthrow the government

What contributed to Hoover’s victory in the 1928 election?

• He was a war hero

• The prosperity of the 1920s

• Hoover's father was a famous politician

• He ran unoppossed