PMHS Exam #3

Select FOUR causes of the Great Depression.

• Hawley-Smoot Tariff decreased international trade

• stock market speculation

• bank failures

• monetary policy mistakes of the Federal Reserve

• deportation and repatriation of Mexican-Americans

Buying stock without knowing the risks, assuming it will just go up is known as

• speculation

• buying on margin

• market capitalization

• hammering the market

Paying a small % of a stock's price & borrowing the rest is known as what?

• buying on margin

• speculation

• fiat money

• price supports

Select TWO causes of the 1929 Stock Market crash.

• speculation

• buying on margin

• increases in government spending

• Federal Reserve lowering interested rates

Select THREE effects of the Great Depression.

• widespread unemployment

• homelessness

• Mexican repatriation & deportation

• increased income taxes

• higher tariff

What were the villages full of shacks located in cities filled with unemployed Americans called?

• Hoovervilles

• Okies

• Bonus Army Bases

• Rooseveltowns

What was the purpose of the Mexican Repatriation Act?

• create more jobs for Mexican agricultural workers

• grant Mexican immigrants U.S. citizenship

• deport Mexican workers to open up jobs for white Americans

• encourage Mexican settlement in the southwest

Select THREE causes of the Dust Bowl.

• over-planting & no crop rotation

• windstorms

• years of continued drought

• unemployment

• stock market crash

What was one major effect of the Dust Bowl?

• increased nativist sentiment in the Midwest

• creation of the Environmental Protection Agency

• demands made by the Populist Movement

• migration of agricultural laborers to California

She recorded the misery of people in the depression through her photography

• Ida Tarbell

• Dorothea Lange

• Frances Perkins

• Eleanor Roosevelt