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Arts and Humanities
History of the Americas
US history topic 6 test review (ms grant)
Terms in this set (46)
What is the term given to the stock market crash of October 29, 1929?
What is the act of buying stock at great risk with the anticipation that the prices will rise?
Paying a small percentage of a stock's price as a down payment and borrowing the rest is called what?
Buying on margin
An arrangement in which consumers agree to buy now and pay later for purchases, often on an installment plan that includes interest charges
The period from 1924 to 1940 in which the economy plummeted and unemployment skyrocketed is known as what?
The Great Depression
Who invested in stocks, betting that the market would continue to climb so that they could make a quick profit?
How many farms went under between 1930 and 1934 because farmer couldn't pay their mortgages and loans?
t the time of the stock market crash, the government did not insure bank deposits, so what happened to costumers in the banks failed?
They lost their savings
What type of "credit" was one of the key causes of the Great Depression?
Did the Depression improve during Hoover's administration?
What was the nickname given to Shantytowns?
What was the cause of the Dust Bowl?
Drought and soil erosion (over-plowing)
What type of storms affected the Great Plains in the 1930's?
What term is used for a good market?
During the Depression, charitable organizations tried to help the urban poor by opening what?
Soup kitchens and breadlines
Why did farmers on the Great Plains began to lose their crops during the Depression?
How did people of the 1930's escape from their every day worries?
Movies, radio programs
What was the first feature-length animated film?
Snow White and the Seven Dwarfs
To portray life around them, artists and writers of the 1930s often used who as subjects in their work?
Homeless and unemployed
In 1932, President Hoover asked Congress to set up the Reconstruction Finance Corporation in order to allow the government to do what?
Make loans to businesses
Why did President Hoover oppose direct federal relief to the unemployed?
Because he believed individuals are responsible for taking care of themselves
Who made up the Bonus Army that marched on Washington during Hoover's presidency?
In terms of its main goal of ending the Depression, the New Deal was only limited success, but it gave Americans what?
A sense of stability/security
What agency made certain that all companies provided truthful information on stocks?
Security and Exchange Commission (SEC)
What is one of the most important pieces of legislation to come out of FDR's Administration that still impacts elderly and unemployed Americans today?
Social Security Act
What paid farmers, not to farm/low-interest rates, subsidies?
Agricultural Adjustment Act (AAA)
What highly praised New Deal employment program employed young men?
Civilian Conservation Corps (CCC)
What covered the money that people save in banks against a loss of up to $5,000?
Federal Deposit Insurance Corporation (FDIC)
The name given to FDR's programs that were created to fix the Depression.
FDR's programs were often given the nickname of
Alphabet Soup Legislation
What did FDR often do to help calm the public?
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression, was called what?
The First 100 days
To fight the Depression, the first thing that President Roosevelt set out to do was what?
Restore confidence in the nation's banking system
Which figure in the Roosevelt administration was most active in bringing African Americans and women to the New Deal coalition?
By 1934, Senator Huey Long of Louisiana began criticizing the New Deal from the left and calling for what?
Massive redistribution of wealth
Father Coughlin, a former New Deal supporter with a popular radio show, called for the government to do what?
nationalize the banking system and redistribute wealth
The "court packing" plan was a major political mistake by what president?
Murals commissioned during the New Deal still exist in public buildings today. Which program appropriated money for these murals?
Works Progress Administration (WPA)
The post WWI or (the earliest factor) to contribute to the Great Depression was what?
Economic challenges in the farming industry
What were the effects of New Deal legislation on the role of the federal government?
The government gained more power and a greater role in the lives of individuals
Much of the literature during the Great Depression described what?
the challenges that many Americans faced because of the prolonged economic downturn
After the stock market crash what happened to America's banking sector?
It collapsed when there was a run on the banks
How did the Hawley-Smoot Tariff helped spread the depression globally?
European countries retaliated with their own protective tariffs
The Great Depression led to high unemployment because many companies did what?
Cut production and laid off workers
What was the one successful public-works project begun under President Hoover?
Construction of the Boulder (Hoover) Dam
Who was the first female cabinet member?
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