Unit 13: The Great Depression & New Deal Test

Which of these contributed to the Crash of 1929 and the Great Depression?

• stock market speculation
• the effects of World War II
• success of the U.S. farm economy
• foreign boycotts of U.S. products

Overproduction and underconsumption factored into causing the Great Depression by…

• causing falling prices on goods
• forcing a decrease in mechanization
• leading to more spending than saving
• scaring farmers into growing fewer crops

Which of these is the BEST description of "Hoovervilles"?

• shantytowns in which homeless families lived during the Great Depression
• housing projects associated with poverty and were constructed in urban areas
• the first planned suburbs which were developed in the period after World War I
• nickname for the department of Housing and Urban Development during the New Deal

During the Great Depression drought and soil erosion contributed to an environmental catastrophe referred to the Dust Bowl. Of the states listed, which was MOST affected by this regional disaster?

• Ohio
• Alabama
• Michigan
• Oklahoma

Following the stock market crash in 1929, President Hoover was criticized for…

• declaring a bank holiday and ordering banks to close.
• waiting for the economy to come out of the Depression
• starting many new programs without Congress' approval.
• his insistence on increasing spending on the military.

During the 1930s, the "New Deal" demonstrated the willingness of the United States government to…

• strictly follow the practices of laissez-faire economics.
• avoid any economic practices that could be labeled as socialistic.
• provide military aid to European nations fighting against fascism.
• become more involved in the direction of the United States' economy.

A major criticism of President Franklin D. Roosevelt's programs to combat the Great Depression was that these programs…

• reduced the power of the federal government.
• provided too much protection for big business.
• ignored the plight of homeowners with mortgages.
• made people dependent on the federal government.

During Roosevelt's New Deal, the Securities and Exchange Commission (SEC) was created. The purpose of this agency was to…

• employ workers in public work projects.
• insure bank deposits in the United States.
• provide retirement income for U.S. workers and payments to disabled Americans.
• regulate the sale of stocks and oversee the disclosure of information on stocks being sold.

After the stock market crash in 1929, thousands of banks in the U.S. closed. Which of the following was a reason that the banks started closing?

• Many bank owners were moving money illegally to overseas accounts.
• Many people lost their trust in banks and started to withdraw their money.
• The federal government revoked bank licenses after the stock market crash.
• Many banks were wisely investing money into stocks.

The Tennessee Valley Authority (TVA) helped supply which of these resources to farmers and residents of Alabama and other states in the Southeast?

• electricity
• food
• laborers
• loans