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WorksheetsEconomic Bust - 1929-1939
Total questions: 63
Worksheet time: 3hrs 11mins
Name
Class
Date
1.
The "Forgotten Presidents" of the 1920's put very pro-____________ policies into place that created short term wealth but may have caused the Great Depression.
a)
Life
b)
Europe
c)
Business
d)
Women's Rights
2.
The Great Depression began after the affluence of the Roaring 20s and lasted from ______ to ______.
a)
1914-1918
b)
1939-145
c)
1776-1783
d)
1929-1939
3.
Many Americans experienced complete economic disaster and could not afford the basic essentials during the Great Depression.
a)
True
b)
False
4.
A long period of increasing stock values, called a ______ Market and prices led many to invest in the Stock Market during the 1920s
a)
Bull
b)
Brain
c)
Dog
d)
Cat
5.
Due to the long and successful Bull Market, many American investors began to ________________, hoping to make a fortune overnight.
a)
Take their stocks out of the market
b)
Speculate
c)
Reinvest
d)
Sell High and Buy Low
6.
The Stock Market Crash in ____________________ led to MASSIVE losses for almost everyone with stocks.
a)
December 1909
b)
October, 1929
c)
October 1944
d)
January 1937
7.
The Stock Market Crash weakened the _______________ of the U.S., leading to many closures and loss of deposits.
a)
Fishing Industry
b)
Railroad Industry
c)
U.S. Military
d)
Banking System
8.
Many historians and economists agree that _____________, or the creation of too many consumer items and not enough money to purchase them worsened the Depression.
a)
overstepping
b)
overproduction
c)
overgrazing
d)
overcalculation
9.
Many American consumers who had been paying with credit on _____________ plans, had to reduce spending, hurting the economy overall.
a)
Installment
b)
Pay for play
c)
Loan
d)
Bank Investment
10.
Which New Deal agency provided employment for individuals like the man in the photo?
a)
Agricultural Adjustment Administration(AAA)
b)
Social Security Administration (SSA)
c)
Works Progress Administration (WPA)
d)
Federal Deposit Insurance Corporation(FDIC)
11.
The situation shown in this photograph occurred in which region?
a)
Ohio River valley
b)
Rocky Mountains
c)
Great Plains
d)
Northeast
12.
This 1937 cartoon is criticizing President Franklin D. Roosevelt’s plan to
a)
reduce the number of federal courts.
b)
impeach current Supreme Court justices
c)
give states the power to appoint Supreme Court justices
d)
increase the number of justices on the Supreme Court
13.
One reason President FDR proposed the plan shown in the cartoon was that the Supreme Court had
a)
challenged his right to run for a third term
b)
rejected several important Cabinet appointments
c)
ruled against laws to protect the rights of minorities
d)
declared parts of key New Deal programs unconstitutional
14.
Many members of Congress opposed the plan shown in the cartoon because it would
a)
reduce the power of the president
b)
upset the system of checks and balances
c)
destroy the system of federalism
d)
cost too much to implement
15.
Opponents of the New Deal criticized President Franklin D. Roosevelt for
a)
expanding the role and size of the federal government
b)
permitting banks to operate without government regulation
c)
weakening the executive branch
d)
reducing spending to balance the budget
16.
What was the main reason for the emergence of “Hoovervilles” like the one shown in the photo?
a)
Many Americans had lost jobs during the Great Depression.
b)
Thousands of homes had been destroyed by the Dust Bowl.
c)
Housing projects couldn't keep up with homes needed.
d)
Prep for WW II had created a shortage of building materials.
17.
Passage of the Social Security Act (1935) helped American workers by
a)
creating jobs for the unemployed
b)
guaranteeing a minimum wage
c)
legalizing the right to join labor unions
d)
providing financial assistance after retirement
18.
Which statement most accurately expresses the main idea of the cartoon?
a)
President FDR should limit the powers of Congress.
b)
Actions by President FDR threaten American democracy.
c)
President FDR is more powerful than European dictators.
d)
The Supreme Court is helping FDR reorganize his administration.
19.
What was one economic consequence of President Franklin D. Roosevelt’s New Deal?
a)
Bank deregulation encouraged investment.
b)
Major industries were nationalized.
c)
Balanced budgets became the model for economic stability.
d)
The role of the federal government in the economy expanded.
20.
Senator Huey Long, Dr. Francis Townsend, and Father Charles Coughlin are best known as
a)
members of President Franklin D. Roosevelt’s cabinet
b)
outspoken critics of President FDRs New Deal
c)
supporters of President FDR reelection campaign in 1940
d)
members of the Supreme Court nominated by President FDR
21.
The conditions shown in the photograph were
a)
government subsidies to increase crop
b)
migrations from farms to cities
c)
poor farming methods and sustained drought
d)
reduced tariffs on farm machinery and crops
22.
What was a major cause of the Great Depression?
a)
overproduction and underconsumption
b)
a decrease in the supply of consumer goods
c)
an increase in demand for imported products
d)
an increase in the price of wheat on the worldmarket
23.
The New Deal changed American political thinking because it was based on the principle that the
a)
economy will fix itself if left alone
b)
federal government should solve social and economic problems
c)
political parties must work together to deal with problems
d)
states should solve social issues
24.
The (CCC) and the (WPA) were both New Deal programs developed to address the problem of
a)
excessive stock market speculation
b)
high unemployment
c)
increased use of credit
d)
limited income of senior citizens
25.
What was the goal of President Roosevelt's policies of the First New Deal?
a)
health care and immigration reform
b)
economic relief and social reform
c)
restoration of international trade and cooperation
d)
WINNING!!!!
26.
Why did Americans turn to the federal govt for aid after the 1st year or so of the Depression?
a)
Govt was held responsible
b)
private charities could not meet the demand
c)
Amricans were too proud to accept charity
d)
Hoover promised to deliver federal aid
27.
Buying on margin means buying stocks
a)
buying a bull market at inflated price
b)
during a bear market in hopes of selling at a higher price
c)
with borrowed mone, which must be repaid with interest
d)
directly from the stock market
28.
How did the stock market crash cause a business crisis?
a)
Businesses lost their savings in failed banks and had to close or cut back
b)
businesses that lent money to foreign countries were not paid back
c)
businesses could afford supplies but had no workers
d)
businesses were forced to cut back production
29.
Who did Hoover believe should lead the relief effort during the Great Depression?
a)
federal govt
b)
foreign allies
c)
state and local govt
d)
private institutions and individuals
30.
The Dust Bowl stretched from
a)
North Dakota to Texas
b)
Texas to Florida
c)
Tennessee to Arizona
d)
North Dakota to Kansas
31.
What created the Dust Bowl?
a)
loose topsoil
b)
severe drought
c)
severe rains
d)
irrigation problems
32.
Which group suffered most in the Dust Bowl?
a)
scientist
b)
farmers
c)
industrial workers
d)
unskilled laborers
33.
Which of the following was not a cause of the Dust Bowl?
a)
The Great Plains suffered a drought.
b)
The invention of the tractor resulted in fields that were much too large.
c)
Powerful tornadoes ripped through the area.
d)
Over plowing left the ground vulnerable to erosion causing massive storms.
34.
Hundreds of thousands of people couldn’tfind jobs during the great depression. Many people who couldn’t find work couldn’t affordto buy food so they had to go to____________________.
a)
homeless shelters
b)
TVA
c)
food stamps
d)
soup kitchens
35.
This president thought the federal government should not get involved in the economy. As a result, many Americans blamed him for the Great Depression. This caused him to lose the election in 1932.
a)
Franklin Delano Roosevelt
b)
Theodore Rooselvelt
c)
Herbert Hoover
d)
Calvin Coolidge
36.
The stock market crashed on a date known as Black Tuesday. What is the date?
a)
October 28, 1929
b)
October 29, 1929
c)
October 29, 1928
d)
October 31, 1929
37.
____________ was the President when the stock market crashed.
a)
Franklin D. Roosevelt
b)
Herbert Hoover
c)
Theodore Roosevelt
d)
none of the above
38.
Which of the following was a cause of the Depression?
a)
Overproduction
b)
Easy Credit
c)
Unequal Distribution of Wealth
d)
All of the above
39.
Buying on margin means you are buying _____ with borrowed money.
a)
Cars
b)
Homes
c)
Stocks
d)
Food
40.
The term for when those who invest in the stock market take great risk, buying stocks and bonds in hopes of earning a quick profit:
a)
Brokers
b)
Speculation
c)
Bear Market
d)
Buying on Margin
41.
Period of falling stock prices
a)
Black Tuesday
b)
Bear Market
c)
Depression
d)
Recession
42.
Which of the following best represents the impact of the Great Depression on African Americans?
a)
They lost their jobs, but were able to get help through the New Deal
b)
They lost their jobs, but were able to get help from government breadlines.
c)
They were the 1st to lose their jobs, and unemployment was up to 50%.
d)
They weren't impacted by the Depression very much.
43.
Which of the following best represents the impact of the Great Depression on migrant farmers?
a)
They faced hostility from CA landowners.
b)
They were able to find stable jobs in CA.
c)
They moved to the Great Plains to find better land and jobs.
d)
They were able to buy more land and crops because so many people were starving
44.
(DOK 2) The runs on banks during the Great Depression worsened the country's economic situation because the bank runs ____.
a)
caused banking institutions to collect funds from the government.
b)
caused overseas investors to worry about giving money to America.
c)
caused the government to stop reimbursing currency for gold bullion.
d)
caused many banks to close and created an even greater shortage of money.
45.
A time when business activity is very slow and people are out of work is known as a _____________.
a)
crash
b)
depression
c)
party
d)
low time
46.
Which of these New Deal programs helped bring electricity to rural areas in SC?
a)
Civilian Conservation Corps
b)
Works Progress Administration
c)
Rural Electrification Act
d)
Social Security Act
47.
Which of these generates electricity from the energy of flowing river water.
a)
Windmill
b)
Hydroelectric Dam
c)
Neither
48.
What event is being described in the following story?
'The wind howled and the air and land were so dry. The family was worried that they would never be able to farm again because the land was so bad. '
'The wind howled and the air and land were so dry. The family was worried that they would never be able to farm again because the land was so bad. '
a)
The Crash of the Stock Market
b)
The Polio Epidemic
c)
The Dust Bowl
d)
The Hundred Days
49.
What term is being described in the following story?
FDR had a lot of work to do and he pushed and pushed Congress to get things going right after his election. Several laws were passed in record time. FDR was determined to solve the nation's problems.
FDR had a lot of work to do and he pushed and pushed Congress to get things going right after his election. Several laws were passed in record time. FDR was determined to solve the nation's problems.
a)
The Court Packing Scheme
b)
The Crash of the Stock Market
c)
The Tennessee Valley Authority
d)
The Hundred Days
50.
What place is being described in the following story?
Our new living quarters were nothing like I've ever lived in before. The walls were made of disposable items. There wasn't any running water. And all my 'neighbors' are roaming around like ghosts. How could I go from a beautiful home to this?
Our new living quarters were nothing like I've ever lived in before. The walls were made of disposable items. There wasn't any running water. And all my 'neighbors' are roaming around like ghosts. How could I go from a beautiful home to this?
a)
Dust Bowl shacks
b)
Hoovervilles
c)
Labor Camps
d)
The Civilian Conservation Corps
51.
Who is being described in the following story?
She was determined. She wanted to be the eyes and ears of her husband. She wanted to let him know how Americans were really living and how they were feeling. She wanted to fix all the injustices across the states whether people loved or hated her.
She was determined. She wanted to be the eyes and ears of her husband. She wanted to let him know how Americans were really living and how they were feeling. She wanted to fix all the injustices across the states whether people loved or hated her.
a)
FDR getting polio
b)
Jane Addams
c)
Eleanor Roosevelt
d)
The Forgotten Man
52.
What event is being described in the following story?
Everyone was in a hurry and I couldn't figure out why. There was so much panic! I overheard someone shouting 'The bank is closing for good!' I couldn't resist after I heard that, I had to go and I had to go quickly.
Everyone was in a hurry and I couldn't figure out why. There was so much panic! I overheard someone shouting 'The bank is closing for good!' I couldn't resist after I heard that, I had to go and I had to go quickly.
a)
Bank Run
b)
The Crash of Wall Street
c)
The Hundred Days
d)
Bank Holiday
53.
What term is being described in the following story.
It was cold outside and all that sounded good was a cup of warm milk and sitting by the fireplace. Though the wind was loud outside and you could hear the wood crackle in the fireplace, the sound of his voice on the radio brought me comfort and faith that everything was going to be ok. I was convinced that he knew how he was gonna fix all our problems.
It was cold outside and all that sounded good was a cup of warm milk and sitting by the fireplace. Though the wind was loud outside and you could hear the wood crackle in the fireplace, the sound of his voice on the radio brought me comfort and faith that everything was going to be ok. I was convinced that he knew how he was gonna fix all our problems.
a)
Fireside Chats
b)
The Crash of the Stock Market
c)
The Dust Bowl
d)
The New Deal
54.
What event is being described in the following story?
It was chaotic. People shouting 'SELL' over and over, but nobody was buying. In all my years on Wall St., I've never seen anything like this. Not a single broker wanted to buy and everyone wanted to sell. It was mass hysteria.
It was chaotic. People shouting 'SELL' over and over, but nobody was buying. In all my years on Wall St., I've never seen anything like this. Not a single broker wanted to buy and everyone wanted to sell. It was mass hysteria.
a)
The Crash of the Stock Market
b)
The New Deal
c)
Bank Run
d)
The Hundred Days
55.
What event is being described in the following story?
I had to go to the store and needed cash. I stopped by the bank but when I arrived, there was a sign on the door that said 'CLOSED FOR A WEEK'. I had forgotten that the president announced on the radio that the banks would be closed for a brief to ensure the safety of our money.
I had to go to the store and needed cash. I stopped by the bank but when I arrived, there was a sign on the door that said 'CLOSED FOR A WEEK'. I had forgotten that the president announced on the radio that the banks would be closed for a brief to ensure the safety of our money.
a)
The New Deal
b)
Bank Run
c)
Bank Holiday
d)
The Crash of the Stock Market
56.
Who is being described in the following story?
He screamed from on stage, " now listen here ladies and gentlemen! There is plenty of wealth in our country to solve the Great Depression. The problem is that money is not being distributed the way it should. We need to tax the rich and scatter all the funds amongst every family"
He screamed from on stage, " now listen here ladies and gentlemen! There is plenty of wealth in our country to solve the Great Depression. The problem is that money is not being distributed the way it should. We need to tax the rich and scatter all the funds amongst every family"
a)
Herbert Hoover
b)
Huey Long
c)
FDR
d)
Father Coughlin
57.
The Great Depression began in
a)
1925
b)
1929
c)
1932
d)
1940
58.
What effect did the Dust Bowl storms have on the Great Depression?
a)
Many farmers were forced to leave the Great Plains.
b)
Unemployment decreased gradually.
c)
Many homes long the Mississippi River were flooded.
d)
Hoover was re-elected as president.
59.
Roosevelt's collection of laws and programs to help the nation deal with the Depression was known as
a)
the New Deal.
b)
the Square Deal.
c)
the Hundred Days.
d)
Public Works.
60.
Recovery from the Great Depression was accomplished by
a)
public works programs.
b)
the Social Security Act.
c)
The National Recovery Administration.
d)
the outbreak of World War II.
61.
Which of the following New Deal laws/agencies regulated the buying and selling of stocks?
a)
Securities and Exchange Commission
b)
Federal Deposit Insurance Corporation
c)
Emergency Banking Act
d)
Home Owners Insurance Corporation
62.
What were the major goals of the New Deal?
a)
no gold standard and free coinage of silver
b)
abolition and suffrage
c)
relief, recovery, and reform
d)
expanding the size and economic influence of the United States
63.
During the 1930s, the conditions shown in this photograph occurred mainly
a)
on the Atlantic Coast
b)
on the Great Plains
c)
in the Rocky Mountains
d)
in the Pacific Northwest
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