Depression Review 1

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

What forced banks to close during the Great Depression?

• Huge amounts of inflation

• War in Europe

• Investors unable to pay loans and bank runs

• Not enough people invested in the Stock Market

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

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 best describes the Dust Bowl?

• When people get a lot of dust in their plates and bowls.

• A period of time where a large part of the US experienced drought and huge dust storms.

• When a dust storm came through Lubbock last year.

• A general term for when objects become dirty.

The Bonus Army

• refers to the people living in makeshift homeless camps that popped up throughout the nation during the Great Depression

• refers to the citizens that organized in support of the New Deal reform programs initiated by President Hoover

• refers to the survivors of towns ravaged by the horrors of the Dust Bowl in the midwest

• refers to the World War I veterans who marched on Washington D.C. to demand immediate payment of their service bonuses

The_____________ was the highest tariff in American History was signed by Hoover

• Melon Tax

• Hawley-Smoot Tariff

• European Crop Tariff

• Hoover Military Tariff