Great Depression and New Deal Test

Front

Which U.S. President is often criticized for his lack of intervention during the beginning of the Great Depression?

Back

Herbert Hoover

Front

During the Great Depression, _________________________________ was a common practice where people would buy stocks with borrowed money.

Back

buying on margin

Front

What crashed on October 29, 1929 'Black Tuesday' that was a cause of the Great Depression?

Back

Stock Market

Front

One of the major factors that led to the Great Depression was the crash of this, leading to a severe economic downturn.

Back

Stock Market

Front

What was the name given to the makeshift towns built by homeless people during the Great Depression?

Back

Hoovervilles

Front

What was the name given to the people who migrated to California in search of work during the Great Depression?

Back

Oakies

Front

What is the term for the practice of using borrowed money from a bank to invest in stocks?

Back

buying on margin

Front

During the Great Depression, many businesses had to _______________ to survive the economic downturn.

Back

downsize (reduce staff)

Front

______________________________ is a period of below-average rain in a region, resulting in shortages in the water supply and dry conditions.

Back

Drought

Front

What was the name of the program implemented by Franklin D Roosevelt to recover America from the Great Depression?

Back

New Deal