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WorksheetsChs. 9-10: The Great Depression
Total questions: 85
Worksheet time: 43mins
Buying on margin was a method of buying stocks
With mostly borrowed money
Without using a broker
By pooling money with others
Without any risk.
During the Depression, charities set up _____________ to give poor people meals.
Communities
Soup kitchens
Public works
Dust bowl
President Herbert Hoover did not want the government to create as many new jobs as the millions of unemployed people needed because that would require...
Much lower unemployment
Increased government regulation
Reform of federal taxes
Increased government spending
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression, was called the
First New Deal
Second New Deal
Hundred Days
New Nationalism
After the New Deal had been in effect for 2 years, the US economy...
Demonstrated robust growth
Had slipped more deeply into the Depression
Had recovered from the Depression almost completely
Showed only slight improvement
Stockbrokers who made loans that allowed investors to buy stocks could issues a ___________ to protect their loans.
Margin call
Collateral call
Credit call
Foreclosure call
In search of work or a better life, many unemployed people
Moved to big cities
Became farmers
Became homeless
Rode the rails
In 1932 President Hoover asked Conrgess to set up the Reconstruction Finance Corporation to allow the government to
Expand the money supply
Make loans to businesses
Provide relief to the unemployed
Create jobs in public works
The Emergency Banking Relief Act helped solve the banking crisis by
Putting all banks under government operation
Declaring that the gold standard would not be abandoned
Issuing licenses to banks that federal examiners found financially sound
Closing the banks long enough for the Federal Reserve to replenish them
Father Coughlin, a former New Deal supporter with a popular radio show, called for the government to
Nationalize the banking system
Engineer a massive redistribution of wealth
Distribute a pension to elderly citizens
End union and labor organizing
The stock market took its steepest dive on October 29, 1929, the day now known as
Black Tuesday
Red Thursday
Black Friday
Bloody Sunday
During the Depression, many people were able to enjoy which two popular forms of entertainment?
Theater and radio
Theater and sports
Movies and television
Movies and radio
As creditors foreclosed on nearly 1 million farms between 1930 - 1934, some farmers destroyed their crops in a desperate attempt to
Retaliate against their creditors
Raise prices by reducing supply
Call public attention to their plight
Find ways to feed their families
To regulate the stock market, Congress created the
Federal Trade Commission
Securities and Exchange Commission
National Recovery Administration
Federal Deposit Insurance Corporation
As a result of the stock market crash, some banks suffered more losses than they could absorb and
Tried to attract more depositors
Had to approve more loans
Needed to increase interest rates
Were forced to close
At the time of the stock market crash, the government did not insure bank deposits, so
Banks kept only a fraction of depositors' money in reserve
Customers lost their savings if a bank collapsed
Banks had to make money by making loans and investing
Customers turned to their stockbrokers for help
The 1st feature-length animated film was
Animal Crackers
The Wizard of Oz
Snow White and the Seven Dwarfs
Mr. Smith Goes to Washington
When the Senate voted down a bill that promised the immediate payment of the $1,000 bonus to each veteran of WWI, some veterans
Burned down public buildings
Marched to Oregon
Camped in vacant buildings in Washington, D.C.
Demonstrated in front of the White House
President Hoover's image was tarnished by the Bonus Marchers as well as by the
Lingering Depression
Public works funding
Emergency loans to states
Decrease in unemployment
Perhaps the most important result of President Franklin Roosevelt's First New Deal was a noticeable change in
The spirit of the American people
How many Americans remained unemployed
The level of debt carried by most Americans
How Americans viewed the banks
What term is best described as an organized system of buying and selling stock, or shares in a corporation?
Bank
Stock Exchange
Invest
Gamble
By 1932, what ratio of banks had gone out of business?
1 in 4
2 in 4
3 in 4
0 in 4
October 24, 1929 people panicked and almost 13 million shares were sold. This date became known as
Black Thursday
Black Friday
Black Monday
Black Tuesday
What term best describes when a consumer only pays a part of the stock price and borrows the rest of the money from their stockbrokers?
Margin call
On margin
Bull market
Stock exchange
What term is best described when brokers demand repayment of loans?
Margin call
On-margin
Bull market
Stock exchange
Which of the following is NOT a reason that led to the Great Depression?
Overproduction of manufactured goods
Indebted farmers still could not pay back loans and went bankrupt
Consumers were purchasing items on the installment plan
Most families were living fairly wealthy
Which of the following was NOT a mistake make by the Federal Reserve during the early days of the Depression?
It encouraged member banks to make risky loans
Low interest rates led businesses to believe the economy was still expanding
They quickly increased interest rates which tightened credit
The were overproducing paper money
What percentage of families lived in or close to poverty by the end of the 1920s?
25%
30%
50%
75%
By 1933, what percentage of people were unemployed and living in poverty?
10%
15%
20%
25%
Many people were homeless and living in boxes that became nicknamed ______________ because of Hoover's failure to end the suffering.
Hoovertowns
Hoovervilles
Hoovercities
Hooverburgs
True or False: African Americans who worked in Southern cities lost their jobs to white people who had lost theirs.
True
False
True or False: Immigrants were welcome to stay in the US if they had arrived to the US before 1929.
True
False
What was the nickname given to migrant farmers who were moving to California looking for work?
Okies
Calies
Idahoans
Easterners
What was the nickname given to the radio daytime dramas that millions of listeners tuned in to hear?
Soap operas
Soap shows
Soap suds
Soap talks
Who did FDR place in charge of the State Department within his Black Cabinet?
Ralph Bunche
John Collier
John Steinbeck
Mary McLeod Bethune
Who did FDR appoint as the new head of the Bureau of Indian Affairs?
Ralph Bunche
John Collier
John Steinbeck
Mary McLeod Bethune
Who was a famous photographer who captured the plight of migrant workers and homeless people?
John Steinbeck
Dorothea Lange
John Collier
Huey Long
What was Hoover's slogan for the American people at the onset of the Depression?
"Rugged Individualism"
"Return to Normalcy"
"Get over it"
"Pull Yourselves Up by the Bootstraps"
Which of the following was NOT one of Hoover's options to help the American people?
Charities
Churches
Volunteers
Federal government
During the famous Hundred Days, how many of FDR's proposals passed in Congress?
5
10
15
20
FDR's radio talks to the American people were called ___________.
Fireside chats
Living room talks
Snapchats
Nightly news
What New Deal program regulated the sale of stocks and bonds and punished dishonest stockbrokers and speculators?
Securities and Exchange Commission
Federal Deposit Insurance Corporation
National Recovery Administration
Civil Works Administration
What New Deal program provided for regional planning to control flooding, promote, conservation and development, and brought electricity to rural areas?
Tennessee Valley Authority
Civilian Conservation Corps
Federal Emergency Relief Administration
National Recovery Administration
What Neal Deal program employed about 3 million young men to work on public projects?
Civilian Conservation Corps
Tennessee Valley Authority
Civil Works Administration
National Recovery Administration
What New Deal program gives money to state and local agencies to fund relief projects?
Federal Emergency Relief Administration
Tennessee Valley Authority
Civil Works Administration
Agricultural Adjustment Administration
What New Deal program will allow the government to insure our bank deposits up to $250,000 should the bank fail?
Federal Deposit Insurance Corporation
Farm Credit Administration
Securities and Exchange Commission
Federal Emergency Relief Administration
Huey Long, senator from Louisiana, called for the government to
Nationalize the banking system
Engineer a massive redistribution of wealth
Distribute a pension to elderly citizens
End union and labor organizing
Huey Long thought every American home should receive _________.
$1000
$1500
$2000
$2500
Francis Townsend, a California doctor, proposed that the government should
Nationalize the banking system
Engineer a massive redistribution of wealth
Distribute a pension to elderly citizens
End union and labor organizing
Which of the following was NOT part of the Second New Deal?
Revenue Act - raising taxes on the wealthy and corporations
Works Progress Administration - employing people to building bridges and roads
Social Security Act - provided funds for retired and unemployment insurance
Share our Wealth - distribution of a lump sum to all American homes
Who is NOT protected under Social Security?
Elderly
Unemployed
Orphans
Disabled
All of these options are covered
FDR wanted to increase the number of Supreme Court justices from ______ to _______.
9-15
6-9
12-15
8-11
Why did FDR want to add more Supreme Court justices?
The Court thought FDR wasn't doing enough to resolve the Depression.
The Court thought the New Deal was unconstitutional.
The Court was full of Republicans and FDR wanted more Democrats.
The Court did not support Congress or FDR.
True or False: Some of FDR's New Deal programs are still around today.
True
False
What is a broker state?
The government works out conflicts among different interests.
The government intervenes during a time of economic stress.
The government becomes responsible for the welfare of its citzens.
The government distributes fund to help individuals in times of crisis.
What eventually ended the Great Depression?
Actions on the part of FDR
The beginning of World War II
The First and Second New Deals
None of these ended the Depression
What is the best term to describe persistent and heavy demands by a bank's depositors, creditors, or customers to withdraw money?
Bank run
Bull market
Margin call
On-margin
What is the best term for a long period of rising stock prices?
Bull market
Bear market
Stock exchange
Market call
In order to receive a monthly pension of $200 under Francis Townsend's plan, what did individuals have to do? Check all that apply.
Retire
Spend the entire $200 check every month
Be over 60 years old
Be a single individual or widower
Who did Herbert Hoover send into Washington D.C. to remove the Bonus Army marchers?
General Douglas MacArthur
General Dwight D. Eisenhower
Lieutenant Colonel James Doolittle
Admiral Chester Nimitz
What was the name given to homeless individuals who rode the rails looking for work?
Okies
Callies
Hoboes
Railers
What is the best term to describe when a bank takes possession of a property because of defaults on loan payments?
Foreclosure
Bank run
Margin call
Installment plan
What is the best term to describe projects such as highways, parks, and libraries that were built the American people?
Public works
Public projects
Civil rights
Civil engineering
What disease had FDR suffered from that left him paralyzed from the waist down?
Polio
Pneumonia
Measles
Small pox
What is the best term to describe the government practice of spending borrowed money rather than raising taxes, usually in an attempt to boost the economy?
Deficit spending
Binding arbitration
Bank holiday
Recession
True or False: FDR's court-packing plan would have added 5 new justices.
True
False
What was the benefits of the Wagner Act?
Guaranteed industrial workers the right to unionize and bargain collectively.
Guaranteed social security benefits to laid-off workers.
Provided a retirement fund workers could contribute to throughout their career.
Provided workers annual benefits should they not miss a day of work and make progress benchmarks according to their supervisor.
To what political party did FDR identify?
Democrat
Republican
Independent
What term best describes and temporary economic slowdown?
Stagnation
Recession
Depression
Scarcity
What term best describes a prolonged downturn in economic activity that can last 3 years or more?
Stagnation
Recession
Depression
Scarcity
How many New Deals were there?
1
2
9
15
True or False: FDR had 60% of the country's support by the time the 1936 elections rolled around.
True
False
How much with the FDIC insure in our bank accounts today?
$250,000
$100,000
$150,000
$500,000
What of the following was NOT part of Francis Townsend's plan?
Citizens had to be over 60 years old
Citizens would have to retire
Citizens would have to spend the entire check by the end of the month
Citizens would have to deposit the check in a bank and save half of it by the end of the month
What was one way FDR tried to reassure the American public?
Fireside chats
Television advertisements
Newspaper interviews
What is the capital of Florida?
Tallahassee
Columbia
Raliegh
Dover
What is the capital of Texas?
Austin
Annapolis
Charleston
Montgomery
What is the capital of Mississippi?
Jackson
Little Rock
Frankfort
Austin
What is the capital of Louisiana?
Baton Rouge
Nashville
Richmond
Columbia
What is the abbreviation for Delaware?
DE
DW
DA
DL
What is the abbreviation for Kentucky?
KY
KN
KT
KC
What is the abbreviation for Tennessee?
TN
TE
TS
What is the abbreviation for Arkansas?
AR
AK
AS
AN
What is the abbreviation for Alabama?
AL
AB
AM
AA
What is our nation's capital?
Washington D.C.
Philadelphia, PA
Richmond, VA
Annapolis, MD
