1) Why did margin purchases make the stock collapse worse? a) It led to less people investing in the stock market b) Many investors borrowed stock, so when the stocks crashed investors went into debt and losses magnified c) Nobody could buy stocks because they had no money d) The government had to intervene in the stock market 2) How did the stock market crash of 1929 kick off the great depression? a) Many companies went private b) It caused the economy to fail in a single day c) People and Banks went into debt, leading to bank failures and widespread poverty d) It bankrupted the government 3) Which of the following is not a reason why soup kitchens increased in number? a) Unemployment rose significantly b) Government welfare wasn't enough c) Increases in poverty d) The Rich made more efforts to help the poor 4) What caused the bonus army march to look bad for Hoover a) Excessive force against US veterans b) Governmental debt following paid bonuses c) Inability to end the protests d) gave aid to veterans while the rest of the country suffered 5) Hoovervilles: a) solved the housing crisis b) were built quickly by Hoover to solve homelessness c) depicted the blame on Hoover for the depression d) reduced overcrowding 6) Why did the Hawley Smoot Tariff fail? a) Foreign goods became cheaper and US industry couldn't compete b) It reduced domestic production of goods c) It lowered factory wages d) It caused retaliatory tariffs, reducing trade 7) What was not a cause of the dust bowl? a) Drought b) Bad farming practices c) severe wind d) deforestation 8) How was the new deal different than previous economic policy? a) The government would interfere less in the future, believing in a free market b) Increased government regulation over the economy to ensure security c) It put more emphasis on foreign trade rather than domestic production  d) less welfare to limit government expenses 9) The bank holiday was designed to: a) give states more power over their banking b) restore public faith in banks c) Federalize banking d) re establish the national bank 10) The emergency banking act: a) reopened all banks b) merged many small banks to limit debt c) created a government run bank to ensure safety d) reopened some saveable banks 11) The SEC tried to reduce future economic crashes by: a) regulating stock markets b) eliminating private banks c) banning all investments d) insuring investors 12) The FDIC did its best to stop major bank failures by: a) Restricting withdrawals b) Restricting deposits c) Loaning money to successful banks d) Insuring deposits 13) The goal of the AAA was to: a) make food more affordable b) Increase the production of grains c) raise crop prices despite widespread hunger d) eliminate private farming 14) The TVA only applied to the: a) Tennessee valley b) mainland united states c) major US cities d) Texas valley 15) The HOLC combatted homelessness by: a) building homes b) refinancing mortgages c) artificially lower housing prices d) regulating housing industry 16) Different from other new deal programs, the CCC focused on: a) Natural Resources conservation b) housing c) industrial buildings d) Large public works projects in cities 17) The CWA: a) still exists today b) was intended only for small scale projects c) created many large buildings d) focused on military production 18) FERA helped recovery by aiding: a) Unemployed citizens b) banks c) state governments d) failed businesses 19) The National Labor Relation Board aimed to: a) improve workers' conditions by protecting their rights b) help businesses by outlawing strikes c) help workers by setting a maximum wage d) help small businesses by breaking up monopolies 20) The Fireside Chats resulted in: a) immediate financial recovery b) hatred of the president c) public trust of the president d) A more polarized America 21) What was significant about Francis Perkins? a) First woman to hold a position in congress  b) causes the most resistance to FDR’s policies c) outspoken critic of the new deal d) First woman on the presidential cabinet 22) Father Charles Coughlin was influential because: a) he used the radio to criticize the new deal b) he helped a lot of new deal policies to pass c) he built public trust of the president d) He ran against FDR in 1936 23) Francis Townsend created a plan that: a) would stop government pensions b) would aid the elderly c) Focused on the homeless d) increased welfare for the unemployed  24) Huey Long promoted: a) large corporations b) commercialized agriculture  c) landowners d) wealth sharing 25) The WPA primarily focused on: a) small scale projects b) environmental protection c) large scale projects d) agriculture 26) The SSA: a) was a short scale project to reduce poverty b) gave jobs to many c) still exists today d) improved domestic production by 150% 27) Court Packing: a) restricted FDR's power b) was criticized for abuse of the judicial system c) backfired and stopped FDR from passing new laws d) led to FDR's loss in 1936 to Alf Landon 28) The Fair Labor Standards Act did not: a) Set minimum wages b) Set maximum hours c) ban most child labor d) restrict unions

FDR/GD quiz

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