Term
The Bonus March on Wash in 1932 suggested that the
a. veterans wanted gov't 2 alleviate their fin. troubles
b. support 4 Hoover's policies was growin
c. depression was almost over
d. communists had infiltrated the gov't |
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Definition
| a. veterans wanted the government to alleviate their financial troubles. |
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Term
The disp. of the Bonus Army from Wash in 1932
a. rev'led the obv communist infil. of the gp
b. occ. after protesters rec'ved their pensions
c. illustr'd the eff'tiveness of the rite of peti.
d. damaged the rep. of the Hoover adm |
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Definition
| d. damaged the reputation of the Hoover adm. |
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Term
The bank that should have done more to ease some of impact of the Great Dep. was the
a. 1st Bank of the US
b. 2nd Bank of the US
c. Bank of America
d. Federal Reserve Bank |
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Definition
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Term
One of President Hoover's responses 2 stop the dep. in America in 1930 was 2
a. raise tariff walls
b. lower tariff walls
c. raise taxes 2 pay 4 more public works programs
d. close all banks |
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Definition
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Term
Black Tuesday in Oct 1929 was the day
a. Sacco and Vanzetti was executed
b. WW2 started
c. the stock market crash hit bottom
d. race riots occurred in several US cities |
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Definition
| c. the stock market crash hit bottom |
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Term
Congress created the FDIC in the 1930s to
a. protect bank deposits
b. regulate stocks
c. regulate farm production
d. regulate business |
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Definition
| a. protect bank deposits. |
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Term
in 1929, about what percetnage of the US population owned about 1/3 of all the wealth?
a. 1%
b. 10%
c. 25%
d. 50% |
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Definition
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Term
Laissez-faire economics is
a. massive gov't regulation of an economy
b. free trade capitalism
c. another name for socialism
d. an economic theory that Prez Hoover rejected |
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Definition
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Term
The unemployment rate reached a high in 1932 of
a. 10%
b. 20%
c. 30%
d. 40% |
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Definition
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Term
The Hawley-Smoot Tariff
a. lowered tariffs to stimulate trade
b. generally pleased European traders
c. helped take the US out of the Great Depression
d. raised tariff walls. |
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Definition
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Term
Congress created the Reconstruction Finance Corp. in 1932 to
a. insure bank deposits
b. regulate big business
c. create more public works projects
d. to infuse capital into failing business |
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Definition
| d. to infuse capital into failing business. |
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