Great Depression and the New Deal Quiz

What is the difference between a recession and a depression?

• An extended recession with years of economic contraction

• A brief decline in economic activity

• A decline in real GDP and real income

• A significant decline in economic activity lasting more than a few months

What were the causes of the Great Depression?

• Overproduction, speculation, buying on margin, and shaky banking methods

• High unemployment, falling prices, and business failures

• Rapid economic expansion and increased consumer spending

• Regulation of the stock market and banking system

What event marked the beginning of the Great Depression?

• The Stock Market Crash on Black Thursday

• The start of the Dust Bowl drought

• The passing of the Immigration Acts of the 1920s

• The signing of the National Industrial Recovery Act

What was the impact of the Dust Bowl on farmers?

• Farmers saw an increase in crop prices

• Farmers experienced a rapid economic expansion

• Farmers migrated to California in search of work

• Farmers received government assistance to overcome the drought

Which New Deal agency aimed to regulate the stock market and prevent fraud?

• Securities and Exchange Commission

• Federal Emergency Relief Administration

• Civilian Conservation Corp.

• National Recovery Administration

What was the purpose of FDR's 'fireside chats'?

• To rally women with her book 'It's Up to the Women'

• To reassure the American public and speak directly to them

• To stimulate demand for goods and increase consumer spending

• To propose a plan to allow the President to add a new appointment to the Supreme Court

Which New Deal agency had the largest effect on education during the 30s?

• Civilian Conservation Corp.

• Works Progress Administration

• Public Works Administration

• Federal Emergency Relief Administration

What was the purpose of the Federal Deposit Insurance Corporation (FDIC)?

• To give young men jobs planting trees and cleaning up parks

• To regulate the stock market and prevent fraud

• To provide workers with unemployment insurance

• To insure savings deposits in banks

What was the impact of the New Deal on labor?

• It prohibited the courts or the government from stopping peaceful union strikes

• It stimulated unionization by giving unions the right to collective bargaining

• It provided workers with unemployment insurance and an old age pension

• It aimed to restore the U.S.A.'s faith in the banking industry

What was the Supreme Court's reaction to FDR's court-packing scheme?

• The Supreme Court approved the plan and allowed FDR to appoint new Justices

• The Supreme Court rejected the plan, but stopped overruling New Deal legislation

• The Supreme Court declared the plan as unconstitutional and removed FDR from office

• The Supreme Court supported the plan and gave FDR control over the Supreme Court