US History 2nd Semester Final

During the Great Depression, when a bank collapsed,

• the government stepped in to run the bank.

• the government repaid deposits on insured accounts only.

• depositors lost their savings.

• the government covered the bank’s debts.

The original purpose of the Reconstruction Finance Corporation was to

• administer public assistance programs for the homeless.

• make loans to businesses.

• manage public works projects.

• regulate the stock market.

President Hoover wanted state and city governments rather than the federal government to provide ____, or money given directly to impoverished families.

• loans

• relief

• income

• bonuses

The group of World War I veterans who marched on Washington in 1932 was called the

• Bonus Picketers.

• Bonus Army.

• Bonus Veterans.

• Bonus Rebels.

To fight the Depression, the first thing Roosevelt set out to do was to

• restore confidence in the banks.

• provide direct relief to people.

• provide relief for farmers.

• set up public works programs.

To regulate the stock market, Congress created the

• National Recovery Administration.

• Federal Trade Commission.

• Social Security Administration.

• Securities and Exchange Commission.

In the case Schechter Poultry Company v. United States, the Supreme Court struck down

• the first New Deal.

• deficit spending.

• the Glass-Steagall Act.

• the authority of the NRA.

The Nazi-Soviet nonaggression treaty contained a secret deal to

• divide France between them.

• divide Poland between them.

• fight France and Britain.

• not fight each other.

The Lend-Lease Act was Roosevelt’s way of getting arms to Britain without Britain having to

• take out loans to pay for them.

• pick them up.

• return them after the war.

• pay cash.

Liberty ships could be produced quickly because they were

• made with thick hulls.

• riveted rather than welded.

• made of steel rather than iron.

• assembled from prefabricated parts.