The Great Depression Begins - Overla

26 Questions

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Depression Quizzes & Trivia

This test covers Chapter 14 from the textbook. It spans from the Stock Market Crash of 1929 to the Presidential Election of 1932.


Questions and Answers
  • 1. 
    Which of the following increased in the 1920's:
    • A. 

      Farmers' debts

    • B. 

      Prices for farm products

    • C. 

      Foreign demand for US farm products

    • D. 

      Domestic demand for US farm products

  • 2. 
    Which of the following was not a cause of the Great Depression:
    • A. 

      Tariffs on foreign goods

    • B. 

      The availability of easy credit

    • C. 

      The number of homeless people who made bad investment choices

    • D. 

      A crisis in the farm industry

  • 3. 
    Which of the following was not a cause of the Dust Bowl:
    • A. 

      Drought

    • B. 

      Excessive high winds

    • C. 

      Thick layers of prairie grass that retained moisture in the soil

    • D. 

      Overproduction of crops

  • 4. 
    After the Stock Market Crash, how did President Hoover try to help:
    • A. 

      By closing banks so that they couldn't lend money

    • B. 

      By lowering tariffs on foreign goods

    • C. 

      By giving out food, clothing and money to those who needed it

    • D. 

      By asking businesses not to lay off employees and by asking labor leaders not to go on strike

  • 5. 
    Who made up  the Bonus Army that marched on Washington:
    • A. 

      Farmers forced off of their land by dust storms

    • B. 

      World War I veterans and their families

    • C. 

      Unemployed industrial workers and their families

    • D. 

      Business and labor leaders who agreed to work together

  • 6. 
    Which candidates ran for President in 1932:
    • A. 

      Calvin Coolidge and Franklin Roosevelt

    • B. 

      Franklin Roosevelt and Herbert Hoover

    • C. 

      Herbert Hoover and Calvin Coolidge

    • D. 

      Mitt Romney and Barack Obama

  • 7. 
    What does buying a stock on margin mean:
    • A. 

      Purchasing the stock at a store instead of on the stock exchange

    • B. 

      Buying the stock for someone else

    • C. 

      Paying less than the market value for the stock, for example, paying $25 for a $100 stock

    • D. 

      Borrowing money to help pay for the stock

  • 8. 
    Which of the following was not an effect of the Great Depression:
    • A. 

      Many children had a poor diet

    • B. 

      Many families became homeless

    • C. 

      Many men became unemployed

    • D. 

      Many people went into farming and opened their own businesses

  • 9. 
    Which of the following describes a government system for giving money or food to the poor people who need it:
    • A. 

      Rugged individualism

    • B. 

      Direct relief

    • C. 

      Bonus Army payments

    • D. 

      Price supports

  • 10. 
    Which of the following best describes President Hoover's approach to dealing with the pain and suffering of Americans during the Great Depression:
    • A. 

      Direct relief - giving food and money to the poor who needed it

    • B. 

      Rugged individualism - the belief that you should be responsible for your own well being and if you can't manage, then local charities and churches should kick in

    • C. 

      Price supports - the government buys excess products and holds them, selling them at ta later date to foreign countries

    • D. 

      Cold heartedness - President Hoover didn't care about the pain and suffering of most Americans during the Great Depression

  • 11. 
    Black Tuesday was the day that:
    • A. 

      President Hoover forced the Bonus Army out of Washington DC

    • B. 

      The day after Thanksgiving

    • C. 

      The day that they Stock Market crashed in 1929

    • D. 

      President Hoover was inaugurated

  • 12. 
    An unintended effect of the Hawley - Smoot Tariff Act was a:
    • A. 

      Significant increase in US exports

    • B. 

      Increase in the demand for US produced corn

    • C. 

      Major decrease in US exports

    • D. 

      Sudden urge of foreign countries that wanted to buy US goods

  • 13. 
    The main purpose of the Reconstruction Finance Corporation was to give emergency help to:
    • A. 

      Business leaders so that they could keep their businesses open

    • B. 

      Farmers so that they could plant their crops

    • C. 

      Homeowners so that they could afford to pay the mortgages on their homes

    • D. 

      The military so that they could purchase more weapons and ammunition

  • 14. 
    What is the major difference between a soup kitchen and a bread line:
    • A. 

      There is no difference between the two

    • B. 

      In a soup kitchen you eat soup only, whereas in a bread line you only get bread

    • C. 

      In a bread line, you sit down and have a meal inside a building, in a soup kitchen you leave with your food

    • D. 

      In a soup kitchen, you sit down and eat your food in a building, in a bread line, you leave with your food

  • 15. 
    President Hoover ____________ direct relief for the needy people in the United States during the Great Depression:
    • A. 

      Supported

    • B. 

      Had no opinion towards

    • C. 

      Did not support

    • D. 

      None of the above

  • 16. 
    Which of the following did not help in bringing about the Stock Market Crash of 1929;
    • A. 

      Price supports

    • B. 

      Buying on margin

    • C. 

      Easy credit

    • D. 

      The increased income gap between the wealthy and the poor

  • 17. 
    Which of the following does not indicate a weak economy: (much like what was found during the Great Depression)
    • A. 

      An increase in the unemployment rate

    • B. 

      An increase in the failure of businesses

    • C. 

      A decrease in spending and income

    • D. 

      None of the above

    • E. 

      All of the above

  • 18. 
    Buying stocks on the chance that you will earn a quick profit without considering the risks is known as:
    • A. 

      Speculation

    • B. 

      Buying on margin

    • C. 

      Profit-taking

    • D. 

      Living on credit

  • 19. 
    In calling shantytowns (places where people live in cardboard boxes or whatever material they can find) "Hoovervilles", or newspapers "Hoover blankets", eating out of the garbage a "Hoover dinner" people were conveying their:
    • A. 

      Patriotism

    • B. 

      Trust in Hoover

    • C. 

      Disgust with Hoover

    • D. 

      Respect for Hoover

  • 20. 
    An example of the psychological stress caused by the Great Depression was the rise in the number of:
    • A. 

      Men who stood in bread lines

    • B. 

      Women who worked outside of the home

    • C. 

      People who committed suicide

    • D. 

      Children who were malnourished

  • 21. 
    Herbert Hoover's approach to the Depression economy was based on a belief in:
    • A. 

      Separation of church and state

    • B. 

      Direct government relief

    • C. 

      The 10 Commandments

    • D. 

      Rugged individualism

  • 22. 
    During the Great Depression, the overall unemployment rate stood at about:
    • A. 

      25% (1 out of 4)

    • B. 

      50% (2 out of 4)

    • C. 

      75% (3 out of 4)

    • D. 

      100% (4 out of 4)

  • 23. 
    One long range effect of the Great Depression is that many people grew to:
    • A. 

      Really like President Hoover

    • B. 

      Distrust banks and the banking system

    • C. 

      Develop a special bond with the government

    • D. 

      Became risk takers in the stock market

  • 24. 
    Within a few years, the Hawley - Smoot Tariff Act led to:
    • A. 

      A dramatic drop in world trade

    • B. 

      Hoover's re-election as President

    • C. 

      More demand for American manufactured goods

    • D. 

      An unequal distribution of income in the United States

  • 25. 
    All of the following were important causes of the Great Depression EXCEPT:
    • A. 

      Both individuals and businesses built up large amounts of debt because of easy credit

    • B. 

      Tariffs on foreign imports were lowered

    • C. 

      The federal government did not insure people's bank accounts

    • D. 

      The stock market crashed

  • 26. 
    Causes of the farming crisis of the 1920's included the fact that:
    • A. 

      Demand for crops fell after World War I

    • B. 

      Most people did not own electric refrigerators

    • C. 

      The Dust Bowl took much land out of production (it couldn't be used)

    • D. 

      Federal price supports of corn and wheat were not effective