Great Depression EOC review

Which economic trend of the 1920s helped cause the Great Depression?

• rising cost of mass-produced goods

• increasing income tax rates

• falling tariff rates

• buying on Credit

Based on the cartoon, economic recovery would require

• fewer regulations by the federal government

• increased taxes on the working class

• more money in the hands of lower-income families

• protective tariffs on foreign goods

Which factor contributed to the stock market crash of 1929?

• Overspeculation

• Government regulation of big business

• Decreased investment in business

• Increased agricultural prices

What did Roosevelt call his program for relief?

• Good Deal

• Big Deal

• My Deal

• New Deal

Which economic policy did President Franklin D. Roosevelt use to respond to the Great Depression?

• supply-side

• laissez-faire

• deficit spending

• global interdependence

Which statement about Franklin D. Roosevelt’s New Deal program is most accurate?

• protective tariff rates increased

• social welfare programs were expanded

• government regulation of business was reduced

• government support of environmental conservation ended

During the Great Depression, expressions such as Hoovervilles and Hoover blankets showed that President Hoover

• was seen as a role model

• used the military to aid the unemployed

• was blamed for the suffering of the poor

• supported relief and public housing for the needy

A major reason for creating the Tennessee Valley Authority (TVA) in 1933 was to

• build and manage a turnpike in the valley

• provide health care benefits for southerners

• encourage African Americans to settle in the valley

• improve economic conditions in a poor rural region

The New Deal tried to solve many problems of the Great Depression by

• providing federal aid to many sectors of the economy

• reducing taxes on big business to stimulate job creation

• lowering federal spending to maintain a balanced budget

• decreasing foreign competition by raising tariffs

How did popular attitudes towards the federal government shift during the Great Depression?

• Public opinion turned against new federal programs because of increased taxes.

• People concluded that state governments were better at promoting economic growth.

• Voters grew distrustful of the federal government because they felt it favored the wealthy.

• Americans came to expect the federal government to help them solve their economic problems.