Review: US History TEST Topic 5 (23-24)

Which action by the federal government was one cause of the Great Depression?

• Failing to decrease the reserve requirement

• Refusing to regulate the stock market

• Abolishing the use of the gold standard

• Eliminating tariffs on foreign trade

Reasons for the Great Depression

* Collapse of the stock market

* Loss of consumer confidence

* ?

Which reason correctly replaces the question mark on this list?

• Decrease in interest rates

• Failure of banks

• Outsourcing of manufacturing jobs

• Outbreak of a global war

Tags

US.16B

Which statement best describes how investment in the stock market during the mid-to-late 1920s contributed to the Great Depression?

• People were unable to repay the loans used to purchase stocks.

• Government taxes on stock transactions made it difficult to repay investors.

• Financial institutions were not required to report earning to stock investors.

• Foreign countries were not required to immediately pay stockholder earnings.

Tags

US.16B

Which statement best explains how bank failures contributed to the Great Depression?

• People lost their savings because the government did not insure bank deposits.

• Business could not be done when President Franklin Roosevelt declared a bank holiday.

• The interest rates on bank loans were too high.

• Foreign investors did not invest enough in U.S. banks.

Tags

US.16B

The economic conditions described in this excerpt contributed to —

• a global economic depression

• an increase in foreign investments in the U.S. market

• the adoption of the gold standard

• an increase in free market activity

Tags

USG.C.16.b

Which phrase correctly replaces the question mark in this diagram?

• Increase in minimum wage.

• Growth of immigration.

• Increase in unemployment.

• Growth in consumer spending.

Which action completes this cause-and-effect diagram?

• Banks lower interest rates

• Elected leaders lower tariff rates

• Companies lay off employees

• Labor unions demand higher wages

Tags

US.16C

What was one factor that helped turn the Great Plains into the Dust Bowl in the 1930s?

• Paying farmers to plant native grasses

• Increased demand for tobacco after World War I

• Numerous tornadoes occurring in the region

• Intense drought in the region

Tags

US.12A

How did the Great Depression affect the American society?

• The price of agricultural goods decreased, causing businesses to concede to labor union demands.

• Manufacturing wages increased, causing an increase in demand for farm labor.

• Demand for luxury goods increased, causing overproduction in manufacturing.

• Businesses were forced to close, causing widespread unemployment

Tags

US.16C

Which situation contributed to the problem described in this excerpt?

• Migration caused by racial discrimination during World War I

• Homelessness caused by unemployment during the Great Depression

• Strict bank regulations made by the federal government during the New Deal

• Rate increases imposed by the railroad industry during the Gilded Age