Chapter 22

The Stock Market boom of the 1920s was characterized by a big increase in the number of people who bought stock chiefly:

Betting that stocks would increase so you can make a profit and sell your stocks is called:

Which of the following was NOT a cause of the Great Depression (industrial overproduction, unequal distribution of wealth/income, excessive stock speculation, government overspending)?

Buying stocks on margin contributed to the Crash because:

A "bull" market is a period of:

A "bear" market is a period of:

During the 1920s which of the following increased? (farmers debts, prices for farm products, foreign demand for US products, domestic demand for US farm products)

Whose fortunes were most dramatically changed on the day known as Black Tuesday?

During the 1920s, the main reason that US Industry could not sell all the goods it produced was that:

Who was president on "Black Tuesday"?

A significant cause of the Great Depression was that:

When the Great Depression began in 1929, the most common economic belief supported by the Republican Party was that:

An importance factor contributing to the start of the Great Depression in the United States was the:

Which situation was a basic cause of the Great Depression?

In the 1920s, which economic factor led to the Great Depression?

Which economic trend of the 1920s helped cause the Great Depression?

Which conditions are most characteristic of an economic depression(large business investments and low taxes, too much money in circulation and high stock prices, high unemployment and overproduction, high employment and increased real estate investments)?

Which economic factor was a major cause of the Great Depression?

Which of the following was NOT a cause of the stock market crash(uneven distribution of wealth, installment buying, loans to european countries, drop in farm prices, purchasing of stocks "on the margin")?

Buying stocks "on the margin" refers to the practice of:

Which industry was hit the hardest during the Great Depression?

What did the banks do in the 1920s that wasn't very smart?

If you borrow money from a bank and pay it back in small payments, this is called:

Which ONE of the following are NOT one of the causes of the Great Depression(unequal distribution of income, easy credit, the DUST BOWL, crisis in the farm sector)?

Which of the following events signaled the beginning of the Great Depression(Charles Lindbergh's non-stop flight over the Atlantic, crash of the New York Stock Exchange, election of Franklin Roosevelt as President, the purchase of Alaska?

The Crash of the 1929 stock market is known in history as:

President Hoover tried to deal with the Depression by creating what agency that authorized $3 billion in loans to banks, railroads, insurance companies, etc.?

Shantytowns of the suddenly poor and displaced were known as:

The attitude of President Hoover toward direct relief for the needy was to:

All of the following were effects of the Depression EXCEPT (millions unemployed people, malnutrition in children, fewer marriages and many divorces, increased college enrollment)

An important factor in bringing about the Depression in 1929 was the:

During the years of the Dust Bowl, more than 350,000 people left Oklahoma:

When the Great Depression began, soup kitchens and bread lines were mainly run by:

One difference between the administration of President Franklin Roosevelt and President Herbert Hoover is that Roosevelt was:

The election of Franklin Roosevelt to the presidency in 1932 reflected the desire of many Americans to:

During the Great Depression, expressions such as Hoovervilles and Hoover Blankets showed that President Hoover:

In the 1930s, shantytowns, often called "Hoovervilles" sprang up across the US because of President Hoover's:

President Hoover's response to the Great Depression was often criticized because it:

In the 1930s, one factor that accounted for the westward migration of farmers from the Great Plains was:

Which event is most closely associated with the end of the Great Depression?

T/F: The Great Depression was a "lesson in residency" for the American people.

T/F: Many men left home during the Great Depression because they were disheartened by their inability to support their families and so they abandoned them.

T/F: President Warren G. Harding commented about the conditions in the Great Depression when he said "Farmers have never made money. I don't believe we can do much about it."

T/F: Prior to the Great Depression and the election of 1928, most Americans were happy with Republican leadership.

T/F: The Stock Market Crash signaled the beginning of the Great Depression.

T/F: The Depression in the US compounded the problems of European countries.

T/F: Blacks, Mexican Americans and other minorities suffered from unemployment issues, receiving either low pay or racial violence, or deportation.

T/F: "Rugged Individualism" is the idea that people should succeed through their own efforts and take care of themselves and their families rather than depend on the government."

T/F: President Calvin Coolidge, "Silent Cal" was blamed greatly for the depression.

T/F: Before the Great Depression people had faith in their ability to provide for themselves and their families. They found that honesty and hard work could not overcome the hard times.

T/F: President Herbert Hoover felt that government should play a limited role in solving problems such as the Great Depression.

T/F: The Great Depression had little or no effect on Europe at all.

T/F: Racial tensions were high in many large cities in the United States because of white, black, and Mexican competitions for jobs.

T/F: Americans were disillusioned with President Calvin Coolidge and the government's inability or unwillingness to help them during the Great Depression.

T/F: Men who travelled the countryside as transients, riding the "rails" and looking for jobs in the 1930s were known familiarly as hoboes.

T/F: The most widely used indicator of the stock market's health was the Dow Jones Industrial Average.

T/F: During the 1920s, the rich got richer, and the poor got poorer.

T/F: Social and psychological effects of the Great Depression caused many people to be traumatized their whole lives.

T/F: Rising process on the stock market indexes in the 1920s reflected most companies true worth.

T/F: Very few Americans could participate fully in the economic advances of the 1920s.

T/F: Farmers had one advantage over most other people during the Depression- they had money to buy food at the local general stores.

Men (transients) who travelled the roads and railroads across the country seeking jobs during the Great Depression..

The most widely used economic indicator of the health of the stock market..

The idea that people should exceed through their own efforts, rather than depend on the government to bail them out.

Cash payments or food provided by the government to the poor.

when american lived on credit, paying a little each month for a product and paying interest as well

paying small percentage of a stock's prices as down payment and borrowing the rest

buying stocks and bonds on the chance of a quick profit, while ignoring the risks

cash payments or food provided by the government to the poor