1. Which weakness in the American economy of the 1920s contributed to the Great Depression?
A. High taxation kept consumer spending at a low level.
B. The richest Americans speculated in the stock market.
C. Easy access to credit allowed many Americans to spend more than they earned.
D. Businesses were unable to find enough skilled workers to operate new production machinery.
2. In the 1920s, the United States experienced an economic boom due to, among other things,
A) the mobilization of the economy for war.
B) increased government restrictions on big business.
C) installment buying and an unregulated stock market.
D) the expansion of civil rights to women and minorities.
3. Which of these BEST describes how the Smoot-Hawley Tariff Act of 1930 affected America's international trade relations?
A) It harmed America’s international trade relations.
B) It eliminated America’s international trade relations.
C) It improved international trade relations with old allies.
D) It established international trade relations with new countries.
4. The event generally considered the START of the Great Depression in the United States was
A) bank failures throughout major American cities.
B) the outbreak of the influenza epidemic.
C) the crash of the stock market.
D) the end of World War I
5. What was the lasting impact of the Hawley-Smoot Tariff enacted during the Great Depression?
A) The United States lost equal trading rights with countries in Europe.
B) The need for more American companies to move their facilities overseas.
C) The end of the use of high tariffs in 20th-century American trade policy.
D) The call for more intense regulations on goods produced within the United States
6. Which statement accurately describes President Hoover's initial response to the Great Depression?
A) He promoted the use of direct relief.
B) He opposed the construction of Boulder Dam.
C) He was cautious and encouraged cooperation.
D) He banned the use of the term "Hooverville."
7. The "Dust Bowl" was an ecological situation associated with
A) World War I.
B) World War II.
C) The Cold War.
D) The Great Depression.
8. Herbert Hoover's solution to easing the Great Depression was primarily to
A) lower foreign tariffs and thus increase foreign trade.
B) provide no help at all for American citizens or businesses.
C) help all levels of the economy, but in an amount consistent with a balanced budget.
D) provide some federal help to bankers, but leave relief for the poor to private charities.
9. Which of these contributed to the Crash of 1929 and the Great Depression?
A) stock market speculation
B) the effects of World War II
C) success of the U.S. farm economy
D) foreign boycotts of U.S. products
10. Which of the following was NOT a cause of the Great Depression?
A) increased productivity without an increase in buying power
B) the growing gap between the rich and the working class
C) an increase in federal taxes and social programs
D) excessive stock speculation
The rapid change in the percentage of unemployed people in the United States from 1927 to 1933 reflects changes caused by
A) World War I.
B) the New Deal.
C) World War II.
D) the Great Depression.
12. The increase in consumer spending during the 1920s was fueled in part by
A) higher taxes.
C) decreased land values.
D) overreliance on credit.
13. Each of these statements about bank failures during Great Depression is true EXCEPT
A) thousands of banks across the United States closed.
B) New Deal reforms were put in place to insure deposits.
C) many people lost savings that were deposited in failed banks.
D) the crisis led to the end of government regulation of the economy.
14. Which of the following best describes the difference between President Coolidge and President Franklin Roosevelt?
A) Roosevelt became president during the Great Depression, while Coolidge did not get elected until after WWII.
B) Coolidge preferred to let the business cycle take its natural course, while Roosevelt would not hesitate to engage in deficit spending to manage the economy.
C) Coolidge thought the Great Depression was no big deal, while Roosevelt thought it was a national catastrophe.
D) Roosevelt was a conservative Republican who opposed direct relief, while Coolidge was a liberal Democrat who often regulated business.
15. “Black Tuesday” refers to what event in US history?
A) the bombing of Pearl Harbor
B) the day John F. Kennedy was assassinated
C) the day the stock market crashed, marking the beginning of the Great Depression
D) the day the South seceded from the Union, setting the stage for the Civil War
16. What was the purpose of the FDIC established under the Federal Reserve Act in 1933?
A) to insure bank deposits up to a certain amount
B) to make it illegal for banks to close
C) to provide $2000/year in income to every US family
D) to provide electrical power to parts of the south that did not have it
17. Which of the following did not contribute to Franklin Delano Roosevelt being elected president in 1930?
A) the existence of “Hoovervilles”
B) the fact that many citizens relied on breadlines and soup kitchens
C) the TVA
D) Black Tuesday
18. Use the list below to answer the following question.
Effects of the Great Depression
The diagram is BEST completed by which of the following?
World War II
Increased dependence on agriculture
19. Use the following passage to answer the following question.
“The cars of the migrant people crawled out of the side roads onto the great cross-country highway, and they took the migrant way to the West. In the daylight they scuttled like bugs to the westward; and as the dark caught them, they clustered like bugs near to shelter and to water. And because they were lonely and perplexed, because they had all come from a place of sadness and worry and defeat, and because they were all going to a new mysterious place, they huddled together; they talked together; they shared their lives, their food, and the things they hoped for in the new country. ~John Steinbeck, The Grapes of Wrath
The situation described in the passage above was mainly caused by
Droughts and dust storms.
World War I.
World War II.