5 Written Questions

1. Why wasn't the Soviet Union seriously affected by the economic events of the Great Depression?
2. The Smoot-Hawley tariff resulted in disproportionate economic loss for the producers of which Cuban product?
3. What point was Harper's Magazine making in its "hard-boiled knights" comment?
4. On what date in 1929 did panic selling result in the exchange of 13 million shares?
5. What percentage of youth from ages 18-24 attended college from 1932 to 1940?

5 Matching Questions

1. two and a half times
2. the employment of married women
3. Customers rush to the bank to withdraw their savings, either in gold or in notes not issued by their home bank.
4. stagnation theorists
5. adherence to the principles of white supremacy, racial segregation, and a plantation economy

1. a By 1931, how much larger was the unemployment rate for black women compared to that of white women?
2. b What happens in a "bank panic"?
3. c What was implied by the term "Jim Crow South"?
4. d In the late 1930s, what was the popular talk about "pin money" meant to discourage?
5. e What name is given to the theorists who attribute the crisis of the 1930s to a lack of economic vibrancy caused by fundamental barriers to growth?

5 Multiple Choice Questions

1. American exports account for _____ percent of GDP in the early 1930s.
   1. silk
   2. 1930
   3. 6%
   4. 25%
2. For which European country did Herbert Hoover organize food relief during World War I?
   1. Gold
   2. silk
   3. Belgium
   4. sugar
3. Which amendment to the US Constitution prohibited the sale and distribution of alcohol nationwhide?
   1. Germany
   2. 18th Amendment
   3. twelve
   4. Simon Kuznets
4. According to Harper's Magazine, by the end of the 1920s who had been added to Wall Street's "hard-boiled knights"?
   1. inaction of the Federal Reserve Board
   2. "the butcher, the baker, and the candlestick maker"
   3. "neo-Austrian"
   4. Collapse of the stock and financial markets
5. Which two factors changed the American perspective on youth and fostered a "youth culture"?
   1. Urbanization and industrialization
   2. Russian Revolution
   3. two and a half times
   4. stagnation theorists

5 True/False Questions

1. Real Estate Advertisements → What made the 504-page Miami Daily News the largest newspaper issue in history?

   True        False

2. postage stamp → Economists who believe that deflation results from a decline in the stock of money are called

   True        False

3. Collapse of the stock and financial markets → What is the focus of most short-run causation theories for the Great Depression?

   True        False

4. John Kenneth Galbraith → Which 1950s economist blamed interference in the unregulated market for the Great Crash?

   True        False

5. MGM → American exports account for _____ percent of GDP in the early 1930s.

   True        False