Chapter 11 - The Great Depression Begins

(1) False

(1) During the 1928 election campaign, Herbert Hoover promised to end Prohibition.

(2) True

(2) Buying on margin was a method of buying stocks with mostly borrowed money.

(3) False

(3) The stock market crash caused the great depression

(4) False

(4) One cause of the Great Depression was that, in response to workers' demands, wages rose faster than corporate earnings, causing factories to go bankrupt.

(5) True

(5) The Hawley-Smoot Tariff dampened commerce on both sides of the Atlantic.

(6) True

(6) During the early 1930s, dust storms blackened the skies of the Great Plains for hundreds of miles.

(7) False

(7) Movies produced during the Depression usually focused attention on the plight of the homeless and unemployed.

(8) False

(8) In response to the deepening Depression, Herbert Hoover massively increased government spending.

(9) False

(9) Herbert Hoover pushed Congress to provide federal government money for direct relief of impoverished families.

(10) True

(10) The Army finally expelled the Bonus Marchers from Washington with tear gas and fixed bayonets.

investors began to sell their stock.

Stock prices first began to decline in late 1929 because

depositors lost their savings.

During the Great Depression, when a bank collapsed,

keeping the interest rates low

In the 1920s, the Federal Reserve contributed to weaknesses in the stock market by

a terrible drought dried the soil.

Farmers on the Great Plains began to lose their crops during the Depression because

provide jobs lost in the private sector.

President Hoover hoped that public works would

continue lending money to their communities.

The National Credit Corporation tried to rescue troubled banks by allowing them to

only state and city governments should dole out relief.

President Hoover opposed direct federal relief to the unemployed because he believed that

pass legislation giving veterans their promised bonus early.

Thousands of World War I veterans came to Washington in 1932 to lobby Congress to

oil

According to the chart, a decline in the sales of automobiles meant there was less demand for

the government

According to the excerpt, whom did the people of the United States turn to in order to solve difficult economic problems during World War I?

the prosperity of the 1920s.

A major contribution to Herbert Hoover's landslide victory in the 1928 election was

generally refelected the stock's true value

Before the late 1920s, stock prices

banks had invested their deposits in the stock market.

The stock market crash weakened the nation's banks because

overproduction

Most economists agree that a key cause of the Depression was

rode the rails

In search of work or a better life during the Depression, many unemployed people

Snow White and the Seven Dwarfs.

The first feature-length animated film was

borrow money.

To pay for public works, the government would have to raise taxes or

make loans to businesses.

The original purpose of the Reconstruction Finance Corporation was to

direct relief to struggling banks and businesses.

The Emergency Relief and Construction Act provided

authorized early payment of World War I veterans' bonuses.

In May 1932, the Senate voted down a bill that would have

American Gothic by Grant Wood.

A well-known painting that pays tribute to Midwesterners is