HumanitiesHistoryThe Great DepressionUS History Chapter 21 "The Great Depression"
Please enter something

US History Chapter 21 "The Great Depression"

Ulyssa Clark avatar Ulyssa Clark
28 August 2022
4.7 (114 reviews)
25 test answers

Unlock all answers in this set

Unlock answers (21)
question
Some Americans blamed the Great Depression on
answer
Capitalism.
question
The unemployment rate among African Americans was
answer
nearly double the national rate
question
In 1929, the stock market crashed because
answer
investors lost confidence in the market and rushed to sell their shares.
question
Why did volunteerism fail?
answer
Businesses and citizens acted in their individual best interests
question
What economic condition did economist John Maynard Keynes believe caused the Great Depression?
answer
Strict controls on stock speculation
question
Both African Americans and Mexican Americans had an especially difficult time during the Great Depression because they
answer
faced discrimination when competing with white Americans for a limited number of jobs.
question
What was the destination of most Dust Bowl migrants?
answer
Cities to find work
question
Why were banks one of the first institutions to feel the effects of the stock market crash?
answer
People began to lose confidence in the economy and frightened depositors beagan to remove their money from banks
question
European countries reacted to the Hawley-Smoot Tariff by
answer
passing higher protective tariffs.
question
Which of these factors helped hide economic problems in the 1920s?
answer
Americas purchased many consumer goods on credit
question
Congress instituted the Reconstruction Finance Corporation (RFC) to loan money to
answer
banks so they could lend money to business to stimulate economice activity.
question
What event happened when the veteran groups marched in protest on Washington?
answer
Federal troops used tear-gas and marched with their bayonets on the protestors; many of the veterans were injured
question
Which factor contributed to the spread of the Great Depression overseas?
answer
The US curtailed investment in Europe.
question
Farmers contributed to the problems that led to the Dust Bowl by
answer
using intensive farming practices that removed protective grasses.
question
Why did many Americans decide that the country needed new leadership in 1932?
answer
President Hoover's volunteerism and trickle-down economic policies had failed
question
During the 1920s, the United States economy moved through which phase of the business cycle?
answer
expansion
question
At the onset of the Great Depression, urban unemployment
answer
increased dramatically.
question
What event occurred on Black Tuesday?
answer
Investors sold more than 16 million hares of stock
question
Which group experienced an early depression in the 1920s?
answer
farmers
question
The policy of volunteerism called for which of the following?
answer
Public works programs
question
Why did so many banks collapse at the beginning of the Great Depression?
answer
Too many depositors tried to withdraw their money all at once
question
Why did the Bonus Army march on Washington, D.C.?
answer
Congress passed a bill promising to pay veterans their bonuses in 1945
question
President Hoover responded cautiously to the Great Depression because he
answer
thought the business cycle would correct itself.
question
President Hoover urged Congress to institute the (Reconstruction Finance Corporation) RFC because he believed that the economy suffered from
answer
lack of credit.
question
What did President Hoover do that directly led the Bonus Army march on Washington in 1932?
answer
Allowed federal troops to remove the Bonus Army with great force