GREAT DEPRESSION AND ROARING TWENTIES REVIEW

QUESTIONS (T/F) In the late 1920s, there were no signs of the upcoming economic crash:

FALSE

Many Americans borrowed money in order to buy stock: TRUE

The 1929 stock market crash was the direct cause of the Great Depression: TRUE

Farmers were largely unaffected by the Depression: FALSE

Overproduction was one of the major causes of the Great Depression: True

The Republican Presidents favored tax cuts to the wealthy and little government regulation of business to help promote economic growth: TRUE

Many farmers who left the Dust Bowl found gainful employment in factories in the cities: TRUE

All Americans shared equally in the economic boom of the 1920s: FALSE

QUESTIONS (T/F) Banks failed during the Depression, but not many businesses did. (FALSE)

The high tariffs (taxes on imports) set by the US government during the 1920s helped create a large volume of trade both to and from the U.S. (TRUE)

Relief Program’s had little impact on NC’s people (TRUE)

THE AA ordered the “plow up” of perfectly good crops. (TRUE)

QUESTION During the 1920s, young women did what?

ANSWER Voted in elections

Cut their hair and wear short skirts

Smoke, drink, and listen to jazz music

QUESTION For many Americans, the 1920s were a time of

ANSWER Raising living standards

QUESTION “Margin Buying” means

ANSWER Buying stock in a company with borrowed money

QUESTION “Black Tuesday”, or Tuesday October 29, 1929 is remembered as the day

when

ANSWER The stock market crashed in a great wave of selling

QUESTION The Great Depression….

ANSWER Lasted longer than any other economic depression in American History

QUESTION What were the major purposes of Roosevelt’s New Deal programs?

ANSWER Relief for the hungry and homeless

Recovery of the nation’s economic health

Reform of banking and the stock market

QUESTION The New Deal Program that helps almost all Americans today is the

ANSWER Social Security Act

QUESTION As a result of the Great Depression and the New Deal, most Americans

agreed that one of the federal government’s most important responsibilities was

ANSWER Care for citizens in need

QUESTION The NRA came up with a code of _______________________ to help regulate

industry

ANSWER Conduct

QUESTION The President who was in control for most of the Great Depression was

ANSWER Herbert Hoover

QUESTION A major factor leading to the Dust Bowl was

ANSWER A drought that lead to dust storms which destroyed crops

QUESTION Roosevelt’s plan to bring the country out of the depression was called

ANSWER The New Deal

QUESTIONS Who is the doctor in the cartoon?

What problem is the doctor treating?

This cartoon was probably published…

ANSWERS Franklin Roosevelt

The economic depression

During the New Deal

QUESTION In the early 1930s, may communities of homeless Americans were referred

to as “Hoovervilles” because President Hoover

ANSWER Opposed direct federal aid for the unemployed.

QUESTION As a way of criticizing the federal government during the early 1930s,

areas such as those shown in the photograph were referred to as

ANSWER Hoovervilles

QUESTIONS Much of the economic growth in the 1920s was created by

ANSWER Sales of new consumer goods

QUESTION Jim Crow Laws were passed

ANSWER Passed after the American Civil War

Included restaurants, hotels, and other public places

Were instituted in 1896 and were not abolished until the 1950s

QUESTION Dreams

Hold fast to dreams

For if dreams die

Life is a broken-winged bird

That cannot fly.

Hold fast to dreams

For when dreams go

Life is a barren field

Frozen with snow.

— Langston Hughes

This poem, written during the Harlem Renaissance, was most likely meant to encourage African Americans to

ANSWER Look to the future

QUESTION The new concept of ________________________________ lead to people

spending money they did not have.

ANSWER Credit

QUESTION WWI lead to the Great Depression because

ANSWER The United States was a major credit loaner to other nations in need

Many of the nations loaned money could not pay the United States back.

QUESTION The President at the start of the Great Depression was

ANSWER Herbert Hoover

QUESTION Hoover’s philosophy during the Great Depression was

ANSWER “We’ll make it”

PASSAGE During the last three months I have visited, as I said, some twenty states of this wonderfully rich

land and beautiful country. Here are some of the things I heard and saw…

A number of Montana citizens told me thousands of bushels of wheat left uncut on account of its low price that hardly paid for harvesting…while I was in Oregon, the Portland Oregonian bemoaned the fact that thousands of female sheep were killed by the sheep raisers because they did not bring enough in the market to pay the freight on them. And while Oregon sheep raisers fed mutton to the buzzards, I met men picking for meat scraps in the garbage cans of New York City and Chicago…

The roads of the West and Southwest teem with hungry hitchhikers…I saw men, women and children walking over the hard roads. Most of them were tenant farmers who had lost their all…

The farmers are being pauperized by the poverty of industrial populations, and the industrial populations are being pauperized by the poverty of farmers. Neither has the money to buy the product of the other…

I have not come here to stir you in a recital of the necessity for relief for our suffering fellow citizens. However, unless something is done for them and done soon, you will have a revolution on your hands.

Testimony of newspaper editor Oscar Ameringer

QUESTIONS What fact is found in the passage?

Which opinion is found here?

The word “pauperize” in the passage means to

The passage ends with

ANSWERS People are scavenging for food

No one should be hungry and homeless in this rich land

Impoverish or make poor

A warning to Congress to act soon or risk revolution