1.) the Economic Boom of the 1920S Was Caused in Part By

Name

Great Depression Take-Home Skills Check

1.) The economic boom of the 1920s was caused in part by

a.) installment buying and an unregulated stock market

b.) increased government restrictions on big businesses

c.) over production and large surpluses of goods

d.) inefficient production of goods

2.) Which of the below was not a major cause of the Great Depression?

a.) the Crash of 1929

b.) the value of the stock market was based off of borrowed money and speculation instead of real value

c.) farm prices rose dramatically after WWI

d.) people buying goods with credit or in installments

3.) What was the major goal of the WWI veterans’ Bonus Army?

a.) to receive their government bonuses that were past due

b.) to protest the New Deal

c.) to receive their government bonuses early

d.) to take over the Capital Building in Washington DC

4.) What can we infer by Herbert Hoover’s statement that “ The federal Government has sought to… avoid the opiates of government charity”?

a.) that his administration has not assumed a major role in providing financial relief for the country

b.) that his administration has taken major steps to combat the financial crisis

c.) He believes it is the responsibility of the Federal government to provide economic relief

d.) He believes the Federal government has a responsibility to combat the nation’s opiate addiction epidemic

5.)

“You cannot extend the mastery of government over the daily working life of the people without, at the same time, making it the master of the people’s souls and thought.”

This quote shows Herbert Hoover’s belief that the problems of the Great Depression could be solved by

a.) the Federal Government taking over private industries

b.) the Federal Government requiring businesses to pay a minimum to its workers

c.) relying mostly on private enterprise and individual initiative to improve economic conditions

d. creating government job programs for the unemployed

6.) President Roosevelt’s New Deal programs demonstrated a different belief than Herbert Hoover. The New Deal programs demonstrated the belief that

a.) corporations were best left to operate without government interference

b.) the Federal Government must concern itself with the people’s economic well-being

c.) the stock market should not be interfered with by the Federal Government

d.) it’s ultimately the responsibility of the individual citizen to support themselves financially

7.) The main purpose of New Deal measures such as the SEC and the FDIC was to

a.) provide immediate employment opportunities

b.) develop rules to limit stock market speculation and safeguard savings

c.) enable the Federal Government to take over failing industries

d.) assure a guaranteed income for American families

8.) Identify one New Deal Relief program. ______

9.) Identify one New Deal Recovery program. ______

10.) Identify one New Deal Reform program. ______