Great Depression Review

Which of the following caused the Great Depression?

• overspeculation in the stock market

• decrease in military spending

• increased consumer spending

• government subsidization of farming

What is the main function of the Federal Deposit Insurance Corporation?

• It regulates interest rates for loans.

• It protects personal savings in the event of bank failure.

• It manages the national currency supply.

• It oversees the stock market operations.

How was entertainment affected by the Great Depression?

• Art and literature reflected the common sufferings of people.

• Entertainment became more extravagant and luxurious.

• People turned to sports and outdoor activities for enjoyment.

• Movies and radio shows became less popular.

Which of these most caused the Dust Bowl?

• flooding and deforestation

• severe heat and suburban development

• high winds and railroad construction

• drought and poor farming techniques

Which is a characteristic of the 1930s?

• time of increased power to states

• time of interventionist foreign policies

• time of economic depression

• time of the Civil Rights Movement

What is the main function of the Securities and Exchange Commission (SEC)?

• It regulates the banking industry.

• It protects investors from stock market fraud.

• It manages the national debt.

• It oversees the Federal Reserve.

What is the outcome of the Hawley-Smoot Tariff?

• It led to a decrease in worldwide trade

• It increased international cooperation

• It boosted global economic growth

• It had no significant impact on trade

Why were Mexicans deported under repatriation?

• to reduce job competition

• to promote cultural assimilation

• to increase agricultural production

• to enhance national security

What is an effect of the Great Depression?

• high unemployment and home foreclosures

• increased job opportunities

• rising stock market

• decreased consumer spending

Which of the following is an argument against FDR's plan to pack the Supreme Court?

• The plan gave the executive branch too much power

• The plan threatened popular sovereignty

• The plan interfered with the Senate's powers

• The plan took too much power away from the states