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WorksheetsUnit 6: Boom & Bust
Total questions: 65
Worksheet time: 22mins
Prejudice against foreign-born people
Isolationism
Xenophobia
Nativism
Communism
What was the problem with installment plans?
They were not available to most people
President Hoover disliked them
People did not want to buy things on credit
People could not pay back their loans
Unreasoned fear of things or people seen as foreign or strange
Prejudice
Xenophobia
Segregation
Nativism
A group of close friends & political supporters whom Harding appointed to his cabinet
Illinois gang
Oregon gang
Ohio gang
Washington gang
What was a major weakness of the automobile?
They sometimes suddenly burst into flames
People still preferred to travel-by-horse
They were very expensive and hard to make
It became a status symbol
A daring woman who defied social norms in the 20s
Damsel
Flapper
Suffragette
Radical
What was the biggest problem with President Harding’s administration?
They did not support Harding’s policies
They had no experience in their positions
Some illegally tried to become rich from their jobs
Many of them did nothing while in office
What was a significant flaw of the Dawes Plan?
Germany refused to pay any reparations at all
It violated the Treaty of Versailles
The U.S. arranged to be repaid with its own money
President Harding did not support the plan
How did Congress protect the American economy during the 1920s?
Banned all foreign imports
Raised taxes on working Americans
Sold more goods on foreign markets
Raised tariffs on imports
Improperly using a political office to become wealthy
Bribery
Graft
Corruption
Loophole
The panic that started in the U.S. in 1919 after the Bolshevik Revolution
The Red Scare
The Socialist Scare
The Communist Scare
The Radical Scare
How were President Harding & President Coolidge similar?
They both had corrupt cabinet members
They both died in office
They both enjoyed playing poker
They supported the same policies
All of the following are TRUE about the Teapot Dome scandal EXCEPT:
The oil-rich land was originally for navy use
Secretary Fall pocketed $400k from the lease deal
Secretary Fall had permission to lease the reserves
President Harding had no idea about the scandal
The purchase of goods in ever-greater amounts
Installment plan
Consumerism
Scientific management
Mass production
Which substance powered much of America's economic boom?
Coal
Steel
Uranium
Gasoline
Why did most farms lack electricity in the 1920s?
It was too distant & too expensive to hook farms up to the electric grid
The government did not want to electrify rural areas
Farms had generators
Farmers did not want to use electricity
System of credit which enabled people to buy goods over an extended period without having to pay a down payment
Consumerism
Lease
Installment plan
Credit
Which industry was one of the biggest business successes in the 1920s?
Automobile
Agriculture
Coal
Railroad
The movement of cities in all directions due to workers being able to live miles from their jobs
Urban crawl
Relocation
Urban sprawl
Immigration
What happened with Pan-American Airways in 1927?
One of their planes exploded mid-flight
Filed bankruptcy because flying was unpopular
A plane had to land in the Atlantic Ocean
Launched the first transatlantic passenger flight
A policy of pulling away from involvement in world affairs
Isolationism
Imperialism
Militarism
Communism
An economic and political system based on a single-party government ruled by a dictatorship
Anarchy
Communism
Democracy
Capitalism
A system where no form of government exists
Democracy
Capitalism
Communism
Anarchy
What was the problem with A. Mitchell Palmer's raids?
The Supreme Court ruled they were unconstitutional
Palmer was a Communist himself
He didn't find any evidence for his claims
The raids were politically motivated
A system which establishes a maximum number of people who can enter the US from each foreign country
Asylum system
Quota system
Immigration
Conscription/draft
What was one problem with the Indian Citizenship Act of 1924?
It did not include voting rights
Natives did not support it
It did not go into effect immediately
It only granted citizenship to 50k Natives
What was one of the main priorities of the NAACP in the 1920s?
Helping Natives gain the right to vote
Boycotting white businesses
Outlawing segregation
Passing antilynching laws
Where did the 1920s literary and artistic movement that celebrated African American culture take place?
San Francisco, California
New Orleans, Louisiana
Chicago, Illinois
Harlem, New York
Which type of economic policies were threatening economic prosperity in the 1920s and 1930s?
Balanced budget
Tax-and-spend
Deficit spending
Laissez-faire
How were consumers and farmers steadily going deeper into debt?
They were quickly losing their jobs due to the Depression
They had to pay more taxes to the federal government
They overspent with installment plans
The cost of living increased while incomes remained the same
A decrease in the general price level of goods and services
Deflation
Inflation
Recession
Speculation
Which sector suffered the most from the economic troubles of the 1920s?
Real estate
Railroad
Agriculture
Mining & lumber
Why did President Coolidge oppose price supports to help farmers?
He believed their troubles would end soon
It required the federal government to get involved in the economy
He did not believe they would give farmers the help they needed
The federal government could not afford to help
An arrangement in which consumers agreed to buy now and pay later for purchases
Buying on margin
Speculation
Deflation
Credit
The most widely used measure of the stock market's health
Dow Jones Industrial Average
Gross National Product
Consumer Price Index
Gross Domestic Product
When President Hoover was first elected in 1928, how did Americans feel about the nation's economic health?
Scared
Uncertain
Confident
Upset
Buying stocks and bonds on the chance of quick profit while ignoring the risks
Buying on margin
Installment plan
Refinancing
Speculation
October 29th, 1929 - the day the bottom fell out of the market and the nation's confidence
Black Friday
Black Monday
Black Tuesday
Black Thursday
Paying a down payment of a stock's price and borrowing the rest
Speculation
Buying on margin
Installment plan
Refinancing
The period from 1929 through the 1930s in which the economy crashed and unemployment skyrocketed
The Roaring Twenties
Black Tuesday
Boom and Bust
The Great Depression
What did people begin to do once the stock market began to crash?
They rushed to the banks to withdraw their money
They took out more loans to stay afloat & pay their bills
They bought more stocks & bonds
They sold everything they had for extra money
What did businesses begin to do once the stock market began crashing?
They increased their investments at home & abroad
They began to relocate outside out of the United States
They sharply reduced their investments & reduced their work forces
They hired more workers
Why did millions of people lose their savings during the Great Depression?
They used them to catch up on bills & debt
The government taxed it all to stop the Depression
Too many people withdrew their money & banks ran out of it
Many banks were robbed during this time in history
The highest protective tariff in U.S. history
Fordney-McCumber Tariff
Federal Home Loan Bank Act
Reconstruction Finance Corporation
Hawley-Smoot Tariff
Why did much of Europe suffer because of the Great Depression?
The US stopped giving European countries foreign aid
America was not able to import European goods or sell abroad
Banks in Europe began to fail as they did in the U.S.
European economies were dependent on the American economy
Why did Hoover oppose any form of federal welfare?
The government did not have enough money to help
Hoover believed that outside actors should pitch in to help
He believed the government could help in other ways
It required the government to raise taxes substantially
Law that lowered mortgage rates for homeowners & allowed farmers to refinance their farm loans to avoid foreclosure
Federal Home Loan Bank Act
Reconstruction Finance Corporation
Hawley-Smoot Tariff
Patman Bill
Agency that authorized up to $2B in emergency financing for banks, life insurance companies, railroads & other large businesses
Hawley-Smoot Tariff
The New Deal
Reconstruction Finance Corporation
Federal Home Loan Bank Act
Why did many of President Hoover's programs fail?
They did not address the root problem of the Depression
They helped the rich more than the poor
He was too careful & cautious with them
Americans did not have confidence that they would truly help
Why were members of the Bonus Army protesting in Washington, DC?
They were outraged by the conditions of the Depression
They wanted President Hoover to resign
They were asked to pay more in taxes to the federal government
They wanted an immediate payout of their war benefits
What did President Hoover think of the Bonus Army marchers?
He believed they were protesting for a good cause
He agreed with them but did not believe they should be protesting
He believed they were Communists & criminals
He invited protest leaders to discuss matters with him out of respect
Why did President Hoover order soldiers to disband the Bonus Army marchers?
He feared they would become violent
He believed they were illegally protesting
He did not agree with the reason why they were protesting
The Senate approved the Patman Bill & there was no reason to remain
What was the main reason why President Hoover lost re-election?
He was always an unpopular president
The economic downturn & his inadequate response to the Depression
The Bonus Army Incident
He was accused of being a Communist
The largest architectural achievement of Herbert Hoover's presidency
Hoover Dam
Route 66
Panama Canal
Empire State Building
What was President Hoover's preferred economic policy?
States, not the federal government, should control the economy
Government should bail out companies when financial crises happen
Government should play a limited role in the economy
Government should control the entire economy
Which Asian country was included in the Emergency Quota Act of 1921 that limited their immigration to the United States, creating harsh feelings between the two?
Japan
China
The Philippines
Ireland
Why did the United States again embrace isolationism during the 1920s?
Americans feared how aggressive Germany became during WWI
European countries were unhappy with the U.S. postwar recovery
European countries owed the U.S. billions of dollars in war debt
The war & Progressive Era left Americans exhausted & divided
How did consumerism improve/boost the American economy?
People began to purchase what they wanted instead of only what they needed
Goods were being produced at faster rates for the cheapest cost possible
It prevented foreign countries from selling their goods in American markets
The money was used to pay off war debt
The idea that people should succeed through their own efforts
Meritocracy
Rugged individualism
Communism
Exceptionalism
29th POTUS; elected on a "return to normalcy" but failed due to corruption & dying
Calvin Coolidge
Woodrow Wilson
Herbert Hoover
Warren Harding
30th POTUS; known for being quiet; liked little business regulation
Calvin Coolidge
Woodrow Wilson
Herbert Hoover
Warren Harding
31st POTUS; led the Food Administration during World War I; oversaw much of the "bust"
Calvin Coolidge
Woodrow Wilson
Herbert Hoover
Warren Harding
During the "centralization of government," which level of government becomes enriched with power?
State
Local
Federal
International
What was dangerous about how Americans bought stock?
They purchased their stocks in cash
They used loans to purchase the stock
They purchased stocks and also invested in real estate
They bought stock at a very high price
What was unique about the construction of the Boulder Dam?
It was the first government-funded dam in U.S. history
It was financed using future profits from selling hydroelectric power to customers
A private corporation took control of the dam after construction was completed
The dam only took one year to build
