The Depression and New Deal Test

Today, the individual investor is protected by the Securities and Exchange Commission because the commission

• insures bank deposits

• recommends stock purchases

• regulates the stock market

The quotation above MOST likely refers to which of the following?

• passage of the Immigration Reform Act

• support for emergency economic actions

• support for the Selective Service Act

Since the Social Security Act was passed in 1935, it has been effective in -

• granting subsidies to farmers

• sponsoring immigrants from overseas

• providing people with retirement income

• investing in the education of children

What is the BEST way to complete the cause-and-effect graphic organizer above?

• Buying on margin

• Land speculation

• Scarcity of goods

• Government regulation

President Herbert Hoover's administration contributed to the Depression because it-

• did too little to create jobs

• lowered interest rates too much

• loaned too much money to banks

• imposed too many regulations on business

This excerpt describes an instance of deportation during the 1930s as part of a repatriation effort. Why did the federal government implement repatriation?

• To protect national security

• To fulfill the terms of a global peace treaty

• To reduce competition for jobs

• To prevent communist influence on labor unions

The Federal Deposit Insurance Corporation was created in 1933, as part of the New Deal. It was designed to -

• protect the availability of cash in banks

• monitor the frequency of stock purchases

• protect the benefits of retired citizens

• determine the amount of employee wages

Under the leadership of Franklin D. Roosevelt, the U.S. government reacted to the Great Depression by -

• recruiting additional immigrant workers

• reducing the number of federal employees

• restricting the movement of farm workers

• implementing new government programs