Depression and New Deal Quiz

What were Herbert Hoover's policies known as?

• The New Deal

• The Great Society

• Too little, too late and Rugged Individualism

• Fair Deal

During which years did Franklin Roosevelt serve as President?

• 1929-1933

• 1933-1945

• 1945-1953

• 1913-1921

What was the name of Franklin Roosevelt's policies?

• The Great Society

• The New Deal

• The Fair Deal

• The Square Deal

What was one of the causes of the Great Depression related to companies borrowing money?

• High Tariffs

• Low Interest Rates

• Overproduction

• Stock Market Speculation

What was the effect of the Hawley-Smoot Tariff during the Great Depression?

• Increased employment

• Slowed international trade

• Decreased production

• Lowered interest rates

What was a consequence of falling demand during the Great Depression?

• Increased tariffs

• Production cut-backs and layoffs

• More goods being sold

• Higher interest rates

How did stock market speculation contribute to the Great Depression?

• It increased international trade

• It led to higher tariffs

• It endangered banks' solvency (ability to bank safely)

• It reduced unemployment

What significant event occurred on October 29, 1929, causing stockholders to panic and sell stocks?

• Black Monday

• Black Tuesday

• Black Friday

• Black Thursday

Between 1930 and 1933, by what percentage did the DOW index fall, mainly due to overvalued stocks?

• 50%

• 60%

• 70%

• 80%

What was the national average unemployment rate during the height of the Great Depression?

• 15%

• 20%

• 25%

• 30%