What does the term "Bull Market" refer to?
When the stock market is doing well
When the stock market is not doing well
When the stock market is average
What is the name of the day that marks the beginning of the Great Depression (October 29, 1929) when the stock market crashed?
Black Tuesday
Black Friday
Black Wednesday
Which of the following are causes of the Great Depression? Check all that apply.
Economic prosperity based on only a few industries
Unequal distribution of wealth (very few wealthy people, many people living in poverty)
Credit (many people in debt, production outweighing demand)
High protective tariffs
Severe war debt
Underspeculation
What was the Dawes Plan?
A 1924 plan that was designed to help Germany pay off their WWI debt
A 1927 plan that was designed to help Russia pay off their WWI debt
A 1924 plan that was designed to help the US pay off its WWI debt
What was significant about the bank crisis between 1930 and 1933?
Over 9,000 banks closed, causing the money supply to decrease by 1/3
Over 10,000 banks closed, causing the money supply to decrease by 1/2
Over 1 million banks closed, causing the money supply to decrease by 2/3
Which area of the country was hit the hardest by the Depression and unemployment?
The industrial North
The rural West
The rural South
Charities and relief organization were extremely successful during the Great Depression
What are the reasons that African American are considered the group most badly affected by the Great Depression? Check all that apply.
50% of African Americans in the South were unemployed
Huge levels of discrimination and segregation
The Scottsboro Case (unjust conviction and indictment of black teenagers)
Hundreds of African Americans were murdered in the West
70% of African Americans in the South were unemployed
How were Mexican Americans badly affected by the Depression?
Most who lived in the US were farmers, who were very badly affected by the Depression. Many lost their land and had to return to Mexico
Most who lived in the US were industrial workers, and most lost their jobs and had to return to Mexico
Most who lived in the US lived in the Pacific Northwest and worked as loggers. Many lost their jobs and had to return to Mexico
What did many white Americans believe about minorities and jobs?
That they (white Americans) should have the right to a job before any minority
That they (minorities) should have the right to a job before whites
That only the very skilled (regardless of race) should be entitled to jobs
Why did very few middle class women work during the Depression?
Because there was pressure for women not to work, especially if their husband already had a job
This statement is false: most women worked during the Depression
Because there was a regression in progressive thinking and women were being pushed back into their spheres
Many minorities benefited from relief efforts
Marriage and birth rates declined severely during the Depression
Who was Dorothea Lange?
A photographer during the Great Depression who took pictures of poverty-stricken families
A writer during the Great Depression who wrote true accounts of poverty-stricken families
An artist during the Great Depression who painted pictures of poverty-stricken families
Why did radios become important during the Depression?
They were a source of entertainment for those who could afford it
They were a source of entertainment, and anyone who requested one could receive one
They were not important and did not become important until the 1940s
What was the Hawley-Smoot Tariff?
A very high protective tariff that discouraged trade with other countries, which worsened the Depression
A very low protective tariff that encouraged trade with other countries, which improved the Depression
A very high protective tariff that discourage trade with other countries, which improved the Depression
What were Hoovervilles?
Small shanty towns where unemployed and impoverished families lived
Wealthy complexes where those yet unaffected by the Depression escaped to
Small shanty towns were only African Americans lived
What was the Reconstruction Finance Corporation?
It was meant to provide loans to banks, railroads, and businesses in order to jumpstart the economy. It was a failure.
It was meant to limit loans from banks, railroads, and businesses in order to jumpstart the economy. It was a failure.
It was meant to provide loans to banks, railroads, and businesses in order to jumpstart the economy. It was a success.
What was the Bonus Expeditionary Force?
A group of WWI veterans demanded that their guaranteed government bonus be paid to them immediately. Hundreds went to Washington DC and set up Hoovervilles and refused to leave until the bonus was paid
A group of WWI veterans demanded that their guaranteed government bonus be paid to them immediately. Hundreds went to Washington DC, snuck into the White House, and poisoned President Hoover
A group of WWI veterans demanded that their government guaranteed bonus be paid to them immediately. A few went to Washington DC and negotiated with the president, who denied them
Who won the election of 1932?
Herbert Hoover (R) was reelected
Franklin Delano Roosevelt (D)
Woodrow Wilson (D)
