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Chapter 7 AH

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Federal Deposit Insurance Corporation (FDIC)

a)

Insured deposits in individual bank accounts

b)

Lent money to homeowners to refinance their mortgages

c)

Refinanced loans to keep farmers from losing their land

d)

Gave the executive branch the right to regulate banks

2.

Which of the following not true about the Townsend Plan?

a)

Each retired person over 60 would receive $200 a month

b)

It was a plan to stimulate the economy

c)

They were required to spend money

d)

They were forced to put money in stock market

3.

The famous line “The only thing we have to fear is fear itself” was spoken by

a)

Will Rogers

b)

Eleanor Roosevelt

c)

Franklin D. Roosevelt

d)

Warren G. Harding

4.

The Second New Deal aimed to

a)

Slow down legislative activity

b)

Relax controls over business

c)

Lower taxes on the rich

d)

Do more for ordinary Americans

5.

Roosevelt wanted to reform the Supreme Court because he believed the nine judges of the Court were

a)

Wanted change too fast

b)

Not supportive enough of his New Deal programs

c)

Against older citizens

d)

Too progressive

6.

FDR caused the most opposition when he

a)

Attempted to “pack” the Supreme Court

b)

Refused to use the militia against the General Motors strike

c)

Used WPA funds for the arts

d)

Failed to balance the budget

7.

Roosevelt’s “fireside chats” were

a)

Private meetings

b)

Public rallies

c)

Radio broadcasts

d)

Television broadcasts

8.

During the Depression, many African Americans

a)

Moved back to the south to return to sharecropping

b)

Were the last to be hired, first to be fired

c)

Moved back to Africa

d)

Took high paying jobs in factories

9.

Shantytowns were also called ____________________.

a)

Hoovervilles

b)

Lincolnvilles

c)

Teddyvilles

d)

Harrisonvilles

10.

Throughout most of the 1920's, Americans were generally

a)

delighted the wealth was evenly distributed

b)

worried that the stock market would crash

c)

concerned with the economic danger signs

d)

confident that business would bring continued prosperity

11.

Black Tuesday

a)

Helped people to see that credit was not the best way to purchase goods

b)

Was the day the stock market crashed

c)

Was the day the stock market recovered

d)

Was the day that Martin Luther King Jr. was assassinated

12.

Overproduction in industry and agriculture, war debts, and the stock market crash were all causes of

a)

World War II.

b)

the Dust Bowl.

c)

the Great Depression.

d)

the Smoot Hawley Tariff.

13.

Which of the following was a sign of an unsound economy during the 1920's?

a)

More goods were being produced than consumers could buy

b)

Dow Jones Industrial Average was steady

c)

Personal debt was decreasing

d)

Wages were keeping pace with production

14.

In 1929, the American agricultural sector was

a)

Finally beginning to recover strongly from the recession that had begun in 1920

b)

Suffering from overproduction and surpluses, which caused prices to drop

c)

Was not in good condition, but it didn’t matter because farmers only represented 8 % of the population

d)

in the sixth year of unparalleled prosperity

15.

Many stock market speculators put up as little as 10 percent of the price of stock when they

a)

buying in credit

b)

bought on margin

c)

ad their broker demand cash

d)

expected a merger

16.

The main character in Cinderella man lost his original occupation and found work

a)

on the docks

b)

in the circus

c)

as a butcher

d)

in a bakery

17.

The movie Cinderella Man focused on

a)

the life of a young Franklin D Roosevelt and the challenges he faced as president

b)

the life of the boxer Joe Louis and his famous fight against Max Schmeling

c)

a man and his family ... successful in the 20's and feeling the effects of the depression of the 30's

d)

The 1929 stock market crash in great detail including Black Tuesday

18.

Which fact is the BEST piece of supporting evidence that overproduction and falling prices was a cause of the Great Depression?

a)

In 1930 over 1,350 banks closed and customers lost all their savings.

b)

In 1920 a bushel of wheat sold for $2.94, in 1929 it sold for $1.00 and by 1932 a bushel sold for .30 cents.

c)

The stock market's dow average dropped over 23% over a two day period in October of 1929 and lost 90% of it's value by 1932.

d)

The unemployment rate in 1929 was 3.2% and by 1933 there was a 25% unemployment rate.

19.

The Depression ...

a)

Was caused by many economic issues

b)

Was over quickly

c)

Was the result of only one event

d)

Got Hoover re-elected

20.

Cinderella man was a true story of the life of

a)

James Brown

b)

James Dean

c)

Jimmy Kimmel

d)

Jimmy Braddock