The Great Depression, FDR, and the Dust Bowl

Front

Which of the following best describes the “false prosperity” of the 1920s? Strong agricultural growth with high crop prices, New businesses, rising wealth, and low unemployment that hid deeper problems, A decline in stock market activity and government regulation, An equal distribution of wealth among all classes

Back

New businesses, rising wealth, and low unemployment that hid deeper problems

Front

One major cause of the Great Depression was:

Back

Overproduction and underconsumption in factories and farms

Front

Buying stocks “on margin” meant:

Back

Borrowing money to purchase stocks

Front

“Black Tuesday” refers to:

Back

The stock market crash of October 29, 1929

Front

Which problem was caused when people rushed to withdraw all their savings from banks?

Back

Bank runs and failures

Front

The unemployment rate during the Great Depression reached as high as:

Back

25%

Front

How did President Hoover initially respond to the Great Depression?

Back

He encouraged volunteerism and rugged individualism.

Front

What were “Hoovervilles”?

Back

Shantytowns of the homeless and unemployed

Front

Why did the Bonus Army march on Washington in 1932?

Back

To demand their promised WWI bonuses

Front

Which factor contributed to the Dust Bowl? Options: Overfishing in rivers, Urban overcrowding, Decreased stock prices

Back

Drought and poor farming practices