History Midterm

By the time the stock market crash had reached the bottom in 1932, stocks had
lost almost 90% of their original value

All of the following were reasons for the depth and length of the Great Depression, except
high taxes on Americans

The Hawley-Smoot Tariff
raised tariffs on foreign imports and proved disastrous as nations could not repay World War I debts and retaliated with high tariffs on U.S. imports to their countries

Hoover’s only significant attempt to address the economic crisis was to
establish the Reconstruction Finance Corporation that loaned money to businesses

The makeshift towns put together by the homeless during the Depression were often called
Hoovervilles

As the “last fired, first fired” how did African Americans attempt to survive the Great Depression?
They relied on a network of community organizations and businesses to provide meals and other assistance

Which of the following is the most accurate statement about rural Americans during the Great Depression?
The Great Depression simply exacerbated a decade-long problem of overproduction and lowered revenues

The disruptive effects of the Dust Bowl on residents included
almost 10 years of drought that killed the majority of the livestock, deep debt with which farmers were saddled long after the Depression, rampant and massive crop failures, and the exodus from the farms that put thousands of poor migrants on the road to California

Hollywood during the 1930’s
took gentle jabs at the elites while reassuring audiences that the American “rags-to-riches” dream was alive and well

Passed in 1935, the Wagner Act
strengthened the position of unions and established a government agency to oversee industrial compliance

All of the following are true statements about the effects of the New Deal except
there were fewer strikes now that workers could negotiate with employers

Intellectuals in America tended to place the blame for the Depression on
unbridled competition among wealthy individuals that sacrificed the good of society for selfish gains

As a result of the New Deal, Native Americans
saw new efforts to end assimilation and respect Native American self-reliance and culture

All of the following are true statements about radio during the Great Depression except
it contributed to the growth of the political right

Which of these is not a true statement about the Communist Party in America in the 1930’s
it organized the Bonus March on Washington

The event that made Hoover seem heartless, probably costing him votes in the 1932 presidential election a contest he was likely to lose anyway, was
his order to remove poor WWI veterans who protested in Washington for early payment of business

During the winter of 1932-1933, the Depression
deepened, with neither the lame duck president nor the president-elect able to act effectively

On the day after his inauguration, FDR called Congress into a special session and
declared a 4 day national bank holiday so that he could begin examining the soundness of every bank in the country

The Emergency Banking Act of 1933

Which of the following agencies put millions of men to work building roads and creating national parks?
Public Works Administration

The purpose of the 21st Amendment, enacted in December 1933, was to
repeal the Prohibition Amendment

Which of these New Deal agencies established fair trade rules and urged companies and workers to agree on prices and wages all under a blue eagle logo and the “We do our part”?
National Recovery Administration

Under the Agricultural Adjustment Act, farmers
received cash subsidies to grow fewer crops

The Tennessee Valley Authority had as its main goal
creating electrical power for rural residents and improving river navigation

Critics of the New Deal included all of the following except
Conservative Democrats who thought the government should play a greater role in assisting businesses and stimulating the economy

throughout 1928, the American stock market saw the number of shares traded daily soar All of the following factors were causes of the great Depression EXCEPT conservative banking policies that restricted the availability of loans WE WILL WRITE A CUSTOM …

On October 29, 1929, the American stock market lost all the gains of the previous year All of the following factors were causes of the Great Depression EXCEPT conservative banking policies restricted the availability of loans WE WILL WRITE A …

Throughout 1928, the American stock market, A. saw the number of shares traded daily soar. B. saw the average price of stocks rise slightly C. had slowly declined in value D. had rapidly lost value E. saw brokerage firms restrict …

Which group experienced an early depression in the 1920s? famers During the 1920’s, the United States economy moved through which phase of the business cycle? expansion WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR …

How did Franklin Roosevelts background and actions help build confidence among the american people? he had self confidence because of his educated background. he believed that federal government should/could help people what actions did FDR take during the first hundred …

what economic problems lurked beneath the general prosperity of the 1920s? agricultural overproduction, uneven distribution of wealth, underconsumption, and growing credit what happened on October 29, 1929? more than 16 million shares were sold as the stock market crashed. This …

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