Great Depression Review

1
Great Depression Review

• The test is Wednesday 2/13/08.
• All HWs are due.
• There will be 40 questions on two exams.

2
RQ1

• Congress opposed President Roosevelts plan to
  increase the number of Supreme Court justices
  because the plan would have
• Violated the elastic clause of the Constitution.
• Threatened the system of checks and balances.
• Abolished judicial review.
• Given the federal government too much power over
  the states.

3
RQ2

• The major purpose of the bank holiday was to
• Reduce the number of banks to a manageable level.
• Encourage banks to lend more money to businesses
• Restore peoples confidence in the banks
• Restrict banks from charging high interest loans
  to the American people.

4
RQ 2

• Which economic condition was a major cause of the
  Great Depression?
• High wages of workers
• Inability of industry to produce enough goods
• Deficit spending by the federal government
• Uneven wealth distribution between the rich and
  the poor

5
RQ3

• One result of the New Deal was that it
• Weakened labor unions
• Raised the national debt
• Repealed federal antitrust laws
• Deregulated the stock market

6
RQ4

• The national policy of Prohibition ended when the
  states
• Banned interstate shipment of alcoholic beverages
• Ratified the 21st Amendment
• Legalized alcohol for medicinal purposes
• Strengthened food and drug laws

7
RQ5

• Many farmers failed to share in the prosperity of
  the 1920s because they
• Did not have enough farm laborers
• Had to pay high wages for their workers
• Received low prices for the crops due to
  overproduction
• Lacked the farm machinery to keep up with the
  rest of the world

8
RQ6

• Critics of the New Deal claimed that the
  Tennessee Valley Authority and Social Security
  threatened the United States economy by
• Erasing antitrust laws
• Establishing unfair working hours
• Decreasing government spending
• Allowing the government to interfere in the free
  enterprise system

9
RQ7

• Which situation helped to cause the stock market
  crash of 1929?
• Too much government regulation over big business
• Unwillingness of people to invest in new
  industries
• Excessive (too much) speculation (guessing) in
  the stock market
• Increased government spending

10
RQ8

• Which statement about Franklin Roosevelts New
  Deal is most accurate?
• Protective tariff rates increased
• Social welfare programs of the government
  expanded
• Government regulation of business decreased
• Government regulation over the environment ended

11
RQ9

• Which region of the US suffered most directly
  from the Dust Bowl?
• The Northwest
• The Great Plains
• Rocky Mountains
• The Southeast

12
RQ10

• During the administration of Roosevelt, the FDIC
  and SEC were created as a way to
• Provide jobs for the unemployed
• Limit risks in financial institutions such as
  banks
• Raise money for relief and recovery
• Enforce the new income tax amendment

13
RQ 11

• Much of the domestic legislation of the New Deal
  was based on the idea that the federal government
  should
• Favor big business over labor and farming
• Assume responsibility for the help and welfare of
  the American people
• Own and operate the industries of the nation
• Government was no longer needed to regulate big
  business

14
RQ12

• The New Deal programs of President Roosevelt
  changed the US economy by
• Establishing laws to create a balanced budget
• Expanding the trustbusting practices of
  Progressive Era presidents
• Encouraging production of agricultural goods
• Increasing the involvement of the government in
  big business and labor

15
RQ 13

• Which conditions are characteristic of an
  economic depression?
• Too much money in circulation and high stock
  prices
• Larges business investments and low taxes
• High unemployment and increased real estate
  investments
• High unemployment and overproduction

16
RQ 14

• The strongest opposition to the New Deal came
  from
• Western farmers
• Business leaders
• Factory workers
• immigrants

17
RQ15

• The Wagner Act of 1935 strengthened labor unions
  because it legalized
• The open shop
• Blacklisting
• The sit down strike
• Collective bargaining

18
RQ 16

• New Deal programs such as the CCC and WPA were
  designed to help
• Businesses
• Homeowners
• Unemployed workers
• farmers

19
RQ17

• During the Great Depression, expressions such as
  Hoovervilles and Hoover blankets showed that
  Hoover
• Was seen as a role model
• Used the military to aid the unemployed
• Supported relief
• Was blamed for the suffering of the poor.

20
RQ18

• Which action by President Roosevelt challenged
  the principle of checks and balances?
• desegregating defense industries
• frequently vetoing New Deal legislation
• trying to increase the number of justices on the
  Supreme Court
• taking over the Senates treaty ratification

21
RQ19

• The New Deal tried to solve many problems of the
  Great Depression by
• providing federal aid to many parts of the
  economy
• reducing taxes on big business to stimulate job
  creation
• lowering federal spending to keep a balanced
  budget
• decreasing foreign competition by raising tariffs

22
RQ20

• Which economic trend of the 1920s helped cause
  the Great Depression?
• falling tariff rates
• rising costs of mass produced goods
• widening income gap between the rich and the poor
• increasing the income tax rates

23
RQ21

• Which heading would be most appropriate for the
  outline below?
• __________________________________________
• Wages lagging (falling) behind the cost of living
• Overproduction of consumer goods
• Excessive buying on credit
• (a) Mercantilist Economic Theory
• (b) Features of a Bull Stock Market
• (c) Monopolistic Business Practices
• (d) Causes of the Great Depression

24
RQ22

• Critics charged that New Deal policies favored
  socialism because the federal government
• declined to prosecute (press charges) business
  monopolies
• increased its responsibility for the welfare of
  the economy
• favored the farmers over workers and businesses
• took over ownership of most major industries

25
RQ23

• In the 1930s, which geographic factor most
  influenced the westward expansion of thousands of
  people from the Great Plains?
• extended drought in farming areas
• excessive flooding of the Mississippi River
• serious earthquakes in Pacific coastal areas
• destructive hurricanes in the Gulf of Mexico

26
RQ24

• In the 1930s, which geographic factor most
  influenced the westward expansion of thousands of
  people from the Great Plains?
• extended drought in farming areas
• excessive flooding of the Mississippi River
• serious earthquakes in Pacific coastal areas
• destructive hurricanes in the Gulf of Mexico

27
RQ25

• After the election of 1932, a friend told
  Franklin Roosevelt that if he succeeded he would
  go down as the greatest American President.
  Roosevelt replied, Yet if I fail, I may be the
  last one. This response shows FDRs belief that
  the
• Constitution limited him to two terms in the
  Presidency
• Military was thinking of taking over the
  government
• Great Depression threatened the American peoples
  faith in democracy
• American people were opposed to major changes in
  the government

28
RQ26

• The National Labor Relations Act (Wagner Act) of
  1935 gave labor unions the right to
• establish quotas on immigration
• use blacklists and yellow-dog contracts
• represent workers in collective bargaining
• insist on an open shop in the workplace

29
RQ27

• What was a major reason American farmers failed
  to obtain (receive) a fair share of the economic
  good times of the 1920s?
• Crops failed due to poor weather conditions
• The government controlled the price of food
• Farm crops were overproduced
• Banks refused to lend money to farmers

30
RQ28

• A major goal of the New Deal was to
• establish wage and price controls
• conserve natural resources
• provide work for the unemployed
• keep the United States out of war

31
RQ29

• A major goal of the Government in creating the
  Securities and Exchange Commission and the
  Federal Deposit Insurance Corporation was to
• stimulate (allow for) economic growth
• restore peoples faith in financial institutions
• provide jobs for the unemployed
• increase the tax revenue for the government

32
RQ30

• What were two basic causes of the Dust Bowl
  during the 1930s?
• strip mining and waste dumping
• overfarming and drought
• cutting of forests and construction of railroads
• overpopulation and pollution

33
RQ31

• The failure of national Prohibition led to a
  public awareness that
• crime rates decline when the sale of alcohol is
  banned
• (b) geographic conditions affect law enforcement
• economic prosperity encourages social unrest
• unpopular laws are difficult to enforce

34
RQ32

• President Roosevelt tried to pack the United
  States Supreme Court, but the Congress did not
  support him. This situation is an example of
• how federalism was saved by one branch of
  government
• the use of the system of checks and balances
• the president using the unwritten Constitution
• Congress undermining the separation of powers

35
RQ33

• Come all of you good workers,
• Good news to you Ill tell
• Of how the good old union
• Has come in here to dwell...
• Dont scab for the bosses
• Dont listen to their lies.
• Us poor folks havent got a chance
• Unless we organize.
• -Florence Reese Which Side Are You On?
• This song from the 1930s expresses
• support for the rights of workers
• criticism of labor union
• sympathy for Communist Party protests
• anger against welfare programs

36
RQ34

• President Roosevelts plan to increase the size
  of the Supreme Court reflected his desire to make
  the Court
• sympathetic to New Deal programs
• committed to the rights of African Americans
• independent of Congress
• responsive to business

37
RQ35

• . The tools of government which we had in 1933
  are outmoded. We have had to forge new tools
  for a new role of government in democracy-a role
  of new responsibility for new needs and increased
  responsibility for old needs, long
  neglected Franklin Roosevelt
• President Roosevelt made this statement in order
  to
• justify the increase in the Supreme Court
• defend the New Deal
• support a return of government staying out of the
  economy
• secure aid for nations in Europe

38
RQ36

• In times of economic depression, it is the
  responsibility of the government to create
  programs that would provide jobs to the
  unemployed. The revenues (money earned from
  income) that would be generated (created) will
  repay the government expenditures.
• (costs)
• This philosophy was carried out by the
  administration of
• Franklin Roosevelt
• Woodrow Wilson
• Theodore Roosevelt
• Joe Mama

39
RQ37

• Which part of the New Deal reflects a
  continuation of Progressive Era policies?
• government regulation of business activities
• restoring the traditions of Native Americans
• free health care for all Americans
• government buying surplus farm products

40
RQ38

• President Roosevelts plan to increase the size
  of the Supreme Court reflected his desire to make
  the Court
• sympathetic to New Deal programs
• committed to the rights of African Americans
• independent of Congress
• responsive to business