US History 4.1 Review Quiz

What year is considered the start of the Great Depression?

• 1920

• 1933

• 1914

• 1929

Who was President of the USA from 1923 - 1929 and vetoed bills that would help farmers overcome their economic recession?

• Calvin Coolidge

• Herbert Hoover

• Warren Harding

• Franklin D. Roosevelt

Who was the President of the United States at the start of the Great Depression?

• Calvin Coolidge

• Franklin D. Roosevelt

• Thomas Edison

• Herbert Hoover

What was the impact of World War I on the US economy?

• Boosted the economy tremendously

• Caused a decline in the economy

• Led to high unemployment

• Had no impact on the economy

What was the major cause of the Great Depression?

• Overproduction and underconsumption

• Laissez-faire capitalism

• Growth of consumerism

• High tariffs in other countries

Which industry saw a huge growth period in the 1920s before the stock market crash?

• Automobile industry

• Agriculture industry

• Steel industry

• Electricity industry

Which of these governmental policies did the US perform in relation to international trade after World War I?

• Intervened in the direction of the economy

• Imposed high tariffs on goods imported into the USA

• Encouraged foreign competition

• Promoted laissez-faire capitalism

What was the main reason for the growth of consumerism in the 1920s?

• Decrease in middle-class incomes

• Rise of labor unions

• Decrease in industrial output

• Availability of electricity in households

What was the impact of the stock market crash on the Great Depression? (3 correct answer choices)

• Led to banks collapsing

• Had no impact on the Depression

• Was a major cause of the Depression itself

• Made the Great Depression happen more quickly

What was a warning sign of the impending Crash in the 1920s?

• High wages compared to the cost of living

• Stable monetary system based on the gold standard

• Decrease in poverty in the poorest areas

• Wealth becoming concentrated in fewer hands