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US History Chapter 18 Quiz

Terms in this set (30)

Thomas Hart Benton, Grant Wood, and other painters of the 1930s were referred to as the
regionalists school
Although the Reconstruction FInance Corporation loaned about $238 million to banks, railroads, and building loan-to-loan associations by early 1932, it failed to
increase its lending suffieciency
President Hoovers image was tarnished by the route of the Bonus Marchers, as well as by...
lingering depression
At the time of the stock market crash, the govt did not insure bank deposits, so...
customers lost their savings if the bank collapsed
One reason that the stock market crash led to the Great Depression was that in 1929, the top 5 percent of all American households earned 30% of the nation's income, an example of
An uneven distribution of income
During the depression, most people were able to enjoy which two popular forms of entertainment?
movies and radio
In the 1920s, the Federal Reserve contributed to weaknesses in the stock market by
keeping interest rates low
During the Depression, charities set up___ to give poor ppl meals
soup kitchens
Farmers on the Great Plains began to lose their crops during the great depression because...
a terrible drought dried the soil
In 1932 President Hoover asked Congress to set up the Reconstruction Finance Corp in order to allow the govt to..
make loans and businesses
As a result of the stock market crash, some banks suffered more losses than they could absorb and
Were forced to close
As stock prices declined in 1929, the Hawley-Smoot tariff led to...
A further decline in US Exports
During the Great Depression, many farmers who were already under pressure from debt and falling prices were devastated by...
drought and the "dust bowl"
During the Great Depression, when a bank collapsed...
depositors lost their savings
What portion of the US workforce was unemployed by 1933?
About 25%
Thousands of WWI veterans came to Washington DC, in 1932 to lobby Congress to...
pass legislation giving veterans their promised bonuses early
A long period of rising stock prices were known as...
bull market
To portray life around them, artists and writers of the 1930s often used____as subjects in their work
the homeless and unemployed
The stock market crash weakened the nations banks bc...
banks had invested their deposits in the stock market
Manufacturing output per person-hour rose 32% in the 1920s, but the average worker's wage increased only 8%, which meant that...
most Americans did not earn enough to buy the goods they helped produce
The Depression had deep roots in the economy of the 1920s, including overproduction, high tariffs, missteps by the Federal Reserve, and...
The uneven distribution of income
___invested in stocks, betting that the market would continue to climb so that they could make a quick profit
Speculators
While many immigrants chose to leave the US as a result of the Great Depression, others...
were forced out by the govt and by citizen groups
President Herbert Hoover did not want the govt to create as many new jobs as the millions of unemployed people needed bc that would require...
increased govt spending
The first feature-length film was...
Snow white and the 7 dwarves
If they remain too low, banks make risky loans and companies expand too much
Interest Rates
companies make more goods that ppl can buy, causing a decrease in sales
overproduction
when many depositors decide to withdraw their money at one time
bank run
making investments in hope that prices will go up, yielding a quick windfall
speculation
a long period of rising stock prices
bull market
THIS SET IS OFTEN IN FOLDERS WITH...