Great Depression Quiz 2

During the Stock Market crasch of 1929,

• investors quickly bought more stocks to ensure a profit.

• stock prices fell, causing billions of dollars to be lost.

• stores hired more employees to capitalize on consumer demand.

• banks loaned money to homeowners to cover their mortgages.

Which of the following accurately describes how foreign policy contributed to the Great Depression?

• German aggression threatened war, causing massive military buildups and draining treasuries

• European factories produced automobiles, challenging American manufacturing dominance.

• American tariffs slowed global trade by reducing exports, harming worldwide economies.

• South American sugar producers slowed production, straining worldwide supply chains.

What was the goal of the Bonus Army in 1932?

• to set up Hoovervilles

• to participate in an antiwar protest

• to lobby for legislation to get bonus pay early

• to gather for a World War I veterans’ reunion

Which TWO answers best describe President Herbert Hoover's presidency during the Great Depression?

• A very hands-on government

• Mostly hands-off government

• Largely unable to better economic conditions

• Created many New Deal programs

Who was president when the stock market crashed?

• Theodore Roosevelt

• Woodrow Wilson

• Herbert Hoover

• Franklin Delano Roosevelt

What was one of the biggest reasons why the American economy boomed in the 1920s?

• mass production led to goods being made faster and an increase in supply

• the arrest of criminals who wouldn't stop killing people

• the banning of alcohol

• giving women the right to vote

People who could no longer afford their homes were forced to live in cardboard shacks that they built in public parks. What were these shacks called?

• Shantyshacks
• Town Homes
• Tenement Housing
• Hoovervilles

After the Stock Market Crash, many people lost their life savings because _______________.

• banks closed
• banks gave away their money
• they couldn't remember where they put it
• someone stole it

Which of the following is a term for buying something now and paying for it later?

• Credit 
• Debit
• Speculation 
• Investment 

The purpose of the TVA (Tennessee Valley Authority) was

• to insure bank deposits in the United States.

• to provide job opportunities in national parks.

• to reduce farm surpluses and raise agricultural profits.

• provide electrical power to an underdeveloped region of the U.S.