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Great Depression Test Review (Objective Information)

Total questions: 23

Worksheet time: 20mins

Name
Class
Date
1.

At the end of World War I, Germany was forced to pay the war debt of other countries who were involved in the war. This term for this type of payment is...?

(a)  

2.

The Stock Market Crash caused the Great Depression.

a)

True

b)

False

3.

The term for "a share of a company"

(a)  

4.

If I buy a stock for a low price because I'm hoping to sell it next week (or tomorrow) for a higher price, I'm engaged in stock...

(a)  

5.

I borrowed money from a bank in order to buy a stock, in the hopes that I'll sell the stock later for a higher price and pay back the bank loan. This behavior is a huge gamble called...

(a)  

6.

Everyone panics because they think their bank is about to go out of business. We all go down to the bank to get our money out. We call this event a (a)  

7.

I own stock in Apple. Because I'm a part owner of the company, each year Apple sends me some of the profits. Apple is paying me a ...

(a)  

8.

The Great Depression began in which year?

a)

1928

b)

1929

c)

1930

d)

1932

9.

A bunch of World War I veterans came to Washington, D.C. in 1932 to get the pension (payout) they'd been promised in 1919. It turned into a chaotic mess, and several people died. This group of veterans is called the ? Army.

(a)  

10.

The term for the difference in wealth between the richest rich and the poorest poor is ... (2 words)

(a)  

11.

An assumption of this theory is that people with extra cash will almost always spend it on a product or service

a)

Keynesian Economics

b)

Trickle-Down Economics

c)

Laissez-Faire Economics

d)

Macroeconomics

12.

The environmental disaster which was one of the 7 factors leading to the Great Depression.

(a)  

13.

Franklin Delano Roosevelt called his plan to help Americans deal with the Great Depression the ... (2 words)

(a)  

14.

FDR was elected President 4 times. Which answer represents the correct years of his successful elections?

a)

1932, 1936, 1940, 1944

b)

1936, 1940, 1944, 1948

c)

1928, 1932, 1936, 1940

d)

1930, 1934, 1938, 1942

15.

Acronyms! What's the 3-letter acronym for the jobs program which employed millions of Americans during the Great Depression... and built Finney Building (RIP) and John McDonogh Stadium?

(a)  

16.

Acronyms! What's the 3-letter acronym for the New Deal agency which limited the # of hours that people could work? (it also forbade children from working.)

(a)  

17.

Acronyms! What's the 3-letter acronym for the New Deal agency which gave millions of young men work on environmental projects.

(a)  

18.

Acronyms! What's the 4-letter acronym for the New Deal program (still in existence today) which guarantees (via insurance payments) that your money will still be safe even if your bank goes out of business?

(a)  

19.

Acronyms! What's the 3-letter acronym for the New Deal program which built hydroelectric dams across Appalachia and brought wide-spread electrical service to the region?

(a)  

20.

This New Deal "entitlement" program still exists today, and is, essentially, a mandatory pension plan for American workers. You pay a small percentage of your income now, and get that money back when you retire.

(a)  

21.

She was the most famous Depression-era photographer.

(a)  

22.

All those New Deal programs were an example of which economic theory put into practice?

a)

Keynesian economics

b)

Trickle-Down Economics

c)

Laissez-Faire Economics

d)

Macroeconomics

23.

FDR's first "100 Days" in office were meant to bring ?, ?, and ? to the American people and economy (3 words starting with the same letter

(a)