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What percent of Americans were investing in the stock market prior to the crash?
2.5%
Which group of Americans benefitted the least from the economic changes of the 1920s?
Southern farmers
What was the consequence of the Smoot-Hawley Tariff of 1930?
International trade collapsed
How did the Federal Reserve respond to the financial collapse?
Overcorrected by raising interest rates and tightening credit
What is the definition of Herbert Hoover's "Associationalism?"
A system where businesses would voluntarily limit harmful business practices for the greater economic good
What was the Bonus Army?
A group of World War I veterans who petitioned the government to make an early payment on bonuses scheduled to be released in 1945
The environmental catastrophe of the Great Depression was partly the result of agricultural mismanagement. Which of the following was the most consequential example of this mismanagement?
Farmers plowed up natural ground cover to grow more crops, cover that had taken ages to form in the relatively dry sates of the Plains
Which of the following statements regarding immigration during the Great Depression is true?
More people left the United States than entered it during the Great Depression
Upon assuming office, how did Roosevelt respond to the collapsing bank system?
Declared a bank holiday and then pushed through the Emergency Banking Act
Roosevelt tried to create relief for American farmers through the Agricultural Adjustment Act (AAA). What did the AAA do?
Aimed to raise the prices of agricultural commodities by offering cash incentives to voluntarily limit farm production, thereby increasing prices
What did the Works Progress Administration do?
Put unemployed men and women to work on projects designed and proposed by local governments
What was the most dramatic result of the 1938 Fair Labor Standards Act?
The creation of a national minimum wage
Louisiana Senator Huey long criticized Roosevelt's New Deal programs for _____________
Failing to redistribute wealth
Which of the following actions did FDR take to advance civil rights for African Americans?
None of these occurred
What was FDR's "court-packing scheme"
Group of answer choicesAn
An attempt to appoint up to six new justices who would be friendly to his interests
