American Journey 25-1

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    The big event of 1929 was:

    • Herbert Hoover's election
    • The stock market crash
    • March of the bonus army
    • Franklin D. Roosevelt's campaign for presidency
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About This Quiz

A quiz based on Chapter 25, section 1 of the book "The American Journey" by Appleby, Brinkley, and McPherson (2003), published by McGraw- Hill.

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  • 2. 

    The growing gap between _______ people and ________ people fueled the Great Depression

    • Smart; stupid

    • Rich; poor

    • Religious; worldly

    • Civilized; savage

    • Black; white

    Correct Answer
    A. Rich; poor
  • 3. 

    What is the name given to October 24th, 1929?

    • Black October

    • Bloody Saturday

    • Black Friday

    • Manic Monday

    • Black Thursday

    Correct Answer
    A. Black Thursday
  • 4. 

    Aid for the needy is called ___________, according to the chapter.

    • Relief

    • Alms

    • Charity

    • St. Vincent de Paul

    • A hand-out

    Correct Answer
    A. Relief
  • 5. 

    "In every pot he said a chicken, but Herbert Hoover, he forgot. Not only don't we have a chicken, we ain't got a pot!" This line from Little Orphan Annie exemplifies the type of hardship faced by people living in sub-par housing, often called _________ or Hoovervilles.

    • Shady towns

    • Sailor shantys

    • Shanty-towns

    • Slums

    • Poorvilles

    Correct Answer
    A. Shanty-towns
  • 6. 

    What was the average American response to Hoover?

    • Admiration

    • Anger

    • Hope

    • Praise

    • Satisfaction

    Correct Answer
    A. Anger
  • 7. 

    The ____________________ was a group of World War I veterans who were promised $1,000 and marched to Washington seeking it.

    • Bogus army

    • Veteran affairs

    • Bonus army

    • Hoover's army

    • WWI Survivors Team

    Correct Answer
    A. Bonus army
  • 8. 

    In what year was Herbert Hoover elected president?

    • 1929

    • 1935

    • 1928

    • 2010

    • 1909

    Correct Answer
    A. 1928
  • 9. 

    The time when the nation's total economic output dropped _____ percent in 3 years is known as the Great Depression

    • 45

    • 50

    • 74

    • 34

    • 43

    Correct Answer
    A. 43
  • 10. 

    Many banks suffered when people (especially farmers) did what?

    • Failed

    • Went bankrupt

    • Overcharged their credit cards

    • Defaulted

    • Failed to meet mortgage payments

    Correct Answer
    A. Defaulted
    Explanation
    This was partially caused by the high taxes on the railroad system which had become a monopoly making it impossible for farmers to make a profit

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  • 11. 

    Public Works includes all the following except:

    • Highways

    • Libraries

    • Parks

    • Bridges

    • Churches

    Correct Answer
    A. Churches
  • 12. 

    Reconstruction Finance Corporation (RFC) was created to:

    • Make Herbert Hoover richer

    • Give money to businesses

    • Give money to needy people

    • Bail out the banks

    • Pay the World War I veterans

    Correct Answer
    A. Give money to businesses
  • 13. 

    What happened on October 24th, 1929?

    • The value of stocks rose significantly

    • Prices began to decline steadily

    • 13 million shares were sold

    • 16 million shares were exchanged

    • There was a period of readjustment

    Correct Answer
    A. 13 million shares were sold
  • 14. 

    "A challenge to the authority of the United States government has been met" said Herbert Hoover. What did he mean by this?

    • We won World War I

    • The current army burned the camps of the veterans

    • The economy stabilized

    • Giant corporations were shut down

    • America was once again a superpower

    Correct Answer
    A. The current army burned the camps of the veterans
  • 15. 

    What does it mean to buy on margin?

    • To pay a fraction of the real price, and borrow the rest from a bank who borrows from a broker

    • To pay full price but sell for fractions of it

    • Buying stocks in small quantities at a time

    • To pay a fraction of the real price and borrow the rest from family and friends

    • To pay a fraction of the real price and borrow the rest from a broker who borrows it from a bank

    Correct Answer
    A. To pay a fraction of the real price and borrow the rest from a broker who borrows it from a bank
  • 16. 

    What is a share?

    • A percentage of money

    • Being kind to other people

    • Sharing is caring!

    • Block of investments in corporations

    • An amount of money invested in a determined stable amount

    Correct Answer
    A. Block of investments in corporations

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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Jan 10, 2013
    Quiz Edited by
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  • Mar 22, 2010
    Quiz Created by
    Emilieansay
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