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