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32 The Politics of Boom and Bust, 1920 - 1932

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American Pageant Chapter 32
Shari Anderson
Quiz by Shari Anderson, updated more than 1 year ago
Shari Anderson
Created by Shari Anderson almost 6 years ago
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Resource summary

Question 1

Question
All of the following are among Warren G. Harding's weaknesses as president EXCEPT:
Answer
  • a lack of political experience
  • an inability to detect moral weaknesses and ethical lapses in his associates
  • an unwillingness to hurt people's feelings by saying "No"
  • administrative and executive management shortcomings

Question 2

Question
Which of the following best describes the Republican economic policies implemented under President Warren G. Harding?
Answer
  • A continuation of the same laissez-faire doctrine practiced by President William McKinley's Republican administration
  • A modification of laissez-faire economic doctrine that included using the courts and administrative agencies to maximize the profits of the business sector
  • The institution of many government regulatory schemes to curb the exploitative economic and labor relations practices of big business
  • The development and implementation of economic policies that aided small business at the expense of big business

Question 3

Question
Which of the following best characterizes U.S. Supreme Court decisions in the 1920s?
Answer
  • Extremely hostile to progressive social reform legislation enacted during the progressive era
  • Overall, hostile to progressive social reforms, with the exception of maintaining workplace protections for women
  • Attempting to strike a fair balance between labor and business over collective-bargaining, union-organizing, and right-to-strike legal issues
  • Upholding antitrust and government regulatory schemes designed to expand government intervention in the economy

Question 4

Question
As president, Warren G. Harding proved to be:
Answer
  • thoughtful and ambitious but rather impractical
  • an able administrator and diplomat but a poor politician
  • politically competent and concerned for the welfare of ordinary people
  • weak-willed and tolerant of corruption among his friends

Question 5

Question
The general policy of the federal government toward industry in the early 1920s was:
Answer
  • a weakening of federal regulation and encouragement of trade associations
  • an emphasis on federal regulations rather than state and local controls
  • an emphasis on vigorous antitrust enforcement rather than on regulation
  • a turn toward direct federal control of key industries like the railroads

Question 6

Question
Two groups who suffered severe political setbacks in the immediate post-World War I environment were:
Answer
  • Protestants and Jews
  • Organized Labor and Blacks
  • Small Businesses and Farmers
  • Women and City Dwellers

Question 7

Question
Two terms that describe the Harding and Coolidge administrations' approach toward foreign policy are:
Answer
  • Internationalism and moralism
  • Interventionism and militarism
  • Isolationism and disarmament
  • Balance of power and alliance-seeking

Question 8

Question
The proposed ratio of "5-5-3" in Washington Disarmament Conference of 1921-1922 referred to:
Answer
  • the allowable ratio of American, British, and Japanese troops in China
  • the number of votes Britain, France, and the United States would have in the League of Nations
  • the allowable ratio of battleships and carriers among the United States, Britain, and Japan
  • the number of nations from Europe, the Americas, and Asia respectively, that would have to ratify the treaties before they went into effect

Question 9

Question
The very high tariff rates of the 1920s had the economic effect of:
Answer
  • stimulating the formation of common markets among the major industrial nations
  • causing severe deflation in the United States and Europe
  • turning American trade away from Europe and toward Asia
  • causing the Europeans to erect their own tariff barriers and thus reduce international trade

Question 10

Question
The central scandal of Teapot Dome involved members of Harding's Cabinet who:
Answer
  • sold spoiled foodstuff to the army and navy
  • took bribes for leasing federal oil lands
  • violated prohibition by tolerating gangster liquor deals
  • stuffed ballot boxes and played dirty tricks on campaign opponents

Question 11

Question
The one major group that experienced hard economic times amidst the general prosperity of the 1920s was:
Answer
  • Small -Business People
  • Farmers
  • Bankers and Stock Brokers
  • The Oil Mining Industries

Question 12

Question
Besides deep divisions within the Democratic party, the elections of 1924 revealed:
Answer
  • Coolidge's inability to attain Harding's level of popularity
  • the weakness of pro-farmer and pro-labor Progressive reform
  • the turn of the solid South from the Democrats to the Republicans
  • the rise of liberalism within the Democratic party

Question 13

Question
The international economic crisis cause by unpaid war reparations and loans was partially resolved by:
Answer
  • private American bank loans to Germany
  • forgiving the loans and reparations
  • creation of a new international economic system by the League of Nations
  • the rise of Mussolini and Hitler

Question 14

Question
Al Smith's Roman Catholicism and opposition to prohibition hurt him especially:
Answer
  • in the South
  • among ethnic voters
  • among African-Americans
  • among women voters

Question 15

Question
The election of Hoover over Smith in 1928 seemed to represent a victory of:
Answer
  • northern industrial values over southern agrarianism
  • small business over the ideas of big government and big business
  • ethnic and cultural diversity over traditional Anglo-Saxon values
  • big business and efficiency over urban and Catholic values

Question 16

Question
One important cause of the great stock-market crash of 1929 was:
Answer
  • over-expansion of production and credit beyond the ability to pay for them
  • a "tight" money policy that made it difficult to obtain loans
  • the lack of tariff protection for American markets from foreign competitors
  • excessive government regulation of business

Question 17

Question
The sky-high Hawley-Smoot Tariff of 1930 had the economic effect of:
Answer
  • providing valuable protection for hard-pressed American manufacturers
  • lowering the value of American currency in international money markets
  • crippling international trade and deepening the depression
  • forcing foreign governments to negotiate fairer trade agreements

Question 18

Question
The federal agency Hoover established to provide "pump-priming" loans to businesses was the:
Answer
  • Tennessee Valley Authority
  • Bonus Expeditionary Force
  • Reconstruction Finance Corporation
  • American Legion
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