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Great Depression and New Deal quiz

Total questions: 22

Worksheet time: 19mins

Name
Class
Date
1.

Installment buying

a)

a portion of a corporation giving the holder a share of ownership in a business

b)

Buying products using credit

c)

Borrowing money in order to buy stocks

d)

financial failure caused by a company's, or a persons', inability to pay its debts

2.

Stock

a)

a portion of a corporation giving the holder a share of ownership in a business

b)

Buying products using credit

c)

Borrowing money in order to buy stocks

d)

financial failure caused by a company's, or a persons', inability to pay its debts

3.

Stock Market Crash

a)

a portion of a corporation giving the holder a share of ownership in a business

b)

Situation in which the supply of manufactured goods exceeds the demand

c)

October 29, 1929; Stock values plummeted as many tried to sell their stock quickly

d)

financial failure caused by a company's, or a persons', inability to pay its debts

4.

Hooverville

a)

name given to shack cities that arose as many began to experience homelessness during the Depression

b)

 agency that built dams along the Tennessee River to generate economic growth

c)

Roosevelt's plan to improve the economy during the Depression

d)

financial failure caused by a company's, or a persons', inability to pay its debts

5.

New Deal

a)

Protects individual bank deposits in the event of a financial disaster

b)

 agency that built dams along the Tennessee River to generate economic growth

c)

Roosevelt's plan to improve the economy during the Depression

d)

Retirement payments to older Americans or those determined to be disabled

6.

Dust Bowl

a)

Strike in which workers stay in the factory but stop production to achieve a common goal

b)

Guaranteed the right of workers to organize into unions and prohibited unfair labor practice

c)

Term for the destruction of farmland in the Midwest

d)

 the right of a union to negotiate wages and benefits for all its members

7.

A ​ (a)   is the part of the company that people buy when they invest in the stock market.

Choose from the below words
share
stock
depression
stock market
8.

The massive drought that happened at the same time as the Great Depression was called

a)

The Dust Bowl

b)

The Gold Rush

c)

Exodusters

d)

Reconstruction

9.

Communities, like the one in this picture, where homeless Americans set up shacks to live in were called

a)

Hoovervilles

b)

Roosevelt Islands

c)

Tenements

d)

Levittowns

10.

FDR helped gain peoples trust by reassuring them that he had a plan to help fix the Great Depression. What did he call this program?

a)

The New Deal

b)

The Fair Deal

c)

The Square Deal

d)

The Bad Deal

11.

Most relief programs during the New Deal helped people get _______.

a)

Jobs

b)

Houses

c)

shoes

d)

food

12.

The worst period of economic decline in the United States history, beginning in 1929

a)

The New Deal

b)

The Great Depression

c)

World War II

d)

The Fourteen Points

13.

What is the day the stock market crashed called that marks the beginning of the Great Depression, October 29, 1929?

a)

Black Thursday

b)

Black Francis

c)

Black Tuesday

d)

Black n Blue

14.

What prohibited people from rushing the banks and withdrawing all their money?

a)

The First Hundred Days

b)

Bank Holiday

c)

Black Tuesday

d)

Fireside Chats

15.

Which of the following was NOT a cause of the Great Depression?

a)

People bought stocks on credit or borrowed money

b)

Banks had to close because they did not have enough money

c)

Many businesses had a surplus of goods that couldn't be sold

d)

The New Deal tried to start too many new programs

16.

What caused the stock market crash of 1929?

a)

prices increased and investors purchased more stock

b)

People panicked and quickly sold their stocks

c)

farmers could not produce enough food for the USA

d)

World War I caused the economy to fall

17.

Which of the following was a RESULT of the Civilian Conservation Corps?

a)

Money placed in the banks would be insured up to $2,500.00

b)

Artists produced art for public buildings

c)

Labor unions were guaranteed the right to organize

d)

Young men were paid to build parks and plant trees

18.

Which present day program was created during the Great Depression to provide elderly and disabled citizens income help?

a)

Securities and Exchange Commission

b)

Social Security Administration

c)

Federal Deposit Insurance Corporation

d)

Federal Housing Administration

19.
The day the stock market crashed is known as:
a)
Black Monday
b)
Black Tuesday
c)
Black Wednesday
d)
Black Thursday
20.
During the 1930s, poor land management and severe drought conditions across parts of the Midwest resulted in the
a)
formation of the United States Department of Agriculture
b)
creation of wheat surpluses
c)
growth of the Populist movement
d)
development of Dust Bowl conditions on the Great Plains
21.

What tool - passed during the Hoover Administration to raise the tax on imported goods -  was designed to protect American manufacturers actually ended up creating a worldwide depression?

a)
Reconstruction Finance Committee
b)
Hawley-Smoot Tariff
c)
New Deal
d)
Second New Deal
22.

In 1933, the Federal Deposit Insurance Corporation (FDIC) created_

a)

jobs (art, literacy, drama, projects, etc.) for artists, musicians, etc.

b)

a "safety net" of insurance for unemployed workers

c)

bank deposit insurance for consumers so they would no longer lose money in bank crashes

d)

government jobs (building dams, etc.) By building dams, TVA brought electricity to the Tennessee Valley