Unit 7: Roaring Twenties and Great Depression Review

Which of the following was NOT an economic weakness that led to the Great Depression?

• Underconsumption

• Stock market speculation

• Income inequality

• Lowered tariff rates

How did buying on margin lead to economic problems with the stock market?

• People invested money that they had borrowed from banks

• Lack of demand caused stock prices to crash

• The government failed to invest in stocks, leading to market failure

• High demand for stocks meant there was not enough to purchase

Failing to regulate the stock market was a problem that led to the Great Depression. Who was responsible for this issue?

• The states

• The federal government

• The Securities and Exchange Commission

• The stock market itself

Which of the following was NOT a cause of the Dust Bowl?

• Extended drought on the Great Plains

• Soil erosion caused by the plowing of prairie grass

• Migration of small farmers from rural to urban areas

• Poor farming methods

Which of the following is the best title for the list below:

-Too much land farmed

-Native grasses removed

-Drought and erosion plague the area

• Causes of the Great Depression

• Goals of the AAA

• Agricultural innovations

• Causes of the Dust Bowl

Scenes like the one in the image were caused by...

• Migration from rural to urban areas

• Increase in the cost of homes

• Unemployment leading to foreclosures on homes

• American involvement in WWI

The need for breadlines and soup kitchens established by charities in the US was caused by...

• Relief efforts of the New Deal

• Failure of the federal government to respond to the Great Depression

• Increased migration to cities caused by unemployment and the Dust Bowl

• Unemployment caused by increasing mechanization

Which of the following is best described by the statement below?

"These times call for policies that will achieve three things: reform of capitalism, recovery for the economy, and improvement of policies that regulate the economy." -Franklin Roosevelt

• The First Red Scare

• The New Deal

• The Harlem Renaissance

• Packing the Supreme Court

What was the major reason for the decline in unemployment between 1933 and 1937?

• The "Share our Wealth" program was passed by Congress

• Banks increased lending to new businesses

• Public works programs were created by the New Deal

• The federal government began to nationalize businesses

Which New Deal program provided relief for this man's concerns?

• The Securities and Exchange Commission

• Works Progress Administration

• Agricultural Adjustment Act

• Social Security Act