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20 Cards in this Set
- Front
- Back
Three of the following statements correctly describe conditions in the stock market during the year and a half preceding the Great Crash of 1929. Which is the exception?
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Most brokers required cash payment in full for stock purchases.
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In the several months preceding the Great Crash of 1929, three of the following economic indicators decreased dramatically. Which one increased?
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business inventories
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One of the most important causes of the Great Depression was the fact that during the 1920s
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there was a fundamental maldistribution of purchasing power
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In much of the 1920s, European nations were able to make their war-debt payments to the United States, and Germany and Austria were able to continue reparation payments by
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getting new loans from the United States
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At the depth of the Depression in 1932, the unemployment rate in the United States was estimated to have been
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25 percent
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In the early 1930s, the term "Okies" referred to
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dispossessed farmers fleeing the Dust Bowl
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Three of the following statements accurately describe the condition of blacks during the Great Depression. Which is the exception?
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The migration of blacks to the North ended abruptly
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In the 1920s, the great majority of Hispanics in California and the American Southwest originally migrated from
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Mexico
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One effect of the Great Depression on women was to
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Strengthen the belief that a woman's place was in the home
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Three of the following were effects of the Great Depression on the American family. Which is the exception?
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The divorce rate increased
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Popular culture during the Depression era, as manifested by radio, movies, and literature, was generaly characterized by
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upbeat and romantic messages as a sort of escapism
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Three of the following novels manifest an implicit protest against social injustices in then-contemporary American society. Which is the exception?
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Margaret Mitchell's Gone with the Wind (1936)
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The Abraham Lincoln brigade was most closely associated with
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the Spanish Civil War
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The Popular Front tactics pursued by the American Communist party between 1935 and 1939 were aimed at developing a broad alliance against
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fascism
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For the eight years immediately before becoming president, Herbert Hoover had been the
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secretary of commerce
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The purpose of the Agricultural Marketing Act, proposed by Hoover even before the Great Crash of 1929, was to
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keep farm prices up
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After the effects of the Depression spread to Europe, in an attempt to restore international economic stability, Hoover proposed
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a moratorium on war debts, reparations, and private international debts
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Hoover's measures to deal with the Depression included support for three of the following. Which is the exception?
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a large-scale federal program of direct relief to the unemployed
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The Reconstruction Finance Corporation was largely ineffective in promoting recovery from the Depression because
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it was underfunded and overcautious in the use of the funds it did have
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When it was first organized, how did the Farmers' Holiday Association seek to gain higher prices for farm products?
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by withholding crops from the market
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