Economic Consequences of the Great Depression

Flashcard
•
History
•
8th Grade
•
Hard
Christal Helgason
FREE Resource
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15 questions
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1.
FLASHCARD QUESTION
Front
How did the Reconstruction Finance Corporation represent a major shift in President Herbert Hoover’s economic recovery efforts during the Great Depression?
Back
It offered direct government loans to large businesses, which contradicted Hoover's typical "limited government" stance.
2.
FLASHCARD QUESTION
Front
How did overproduction of goods by American companies contribute to the Great Depression?
Back
Creating large inventories of unsold products.
3.
FLASHCARD QUESTION
Front
Which statement is supported by this image?
Back
The Great Depression led to widespread hunger and poverty
4.
FLASHCARD QUESTION
Front
What was a result of the Smoot-Hawley Tariff?
Back
Other countries raised their own tariffs on American-made goods, worsening the economic crisis
5.
FLASHCARD QUESTION
Front
Communities such as the one shown here sprang up across the U.S. because of President Herbert Hoover's __________.
Back
refusal to provide direct federal aid to the homeless
6.
FLASHCARD QUESTION
Front
What led to the decline in unemployment after 1933?
Back
The New Deal
7.
FLASHCARD QUESTION
Front
Which statement about President Franklin Roosevelt's New Deal program is accurate?
Back
Social welfare programs were expanded
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