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12 Questions

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The Great Depression and New Deal

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Questions and Answers

What was one of the main causes of the Great Depression?

Rise in middle class jobs

Increase in consumer spending

Decrease in income inequality

Overproduction of goods (correct)

What was the policy of Herbert Hoover during the Great Depression?

Laissez Faire (correct)

Monetary policies

Government intervention

Social welfare programs

What was the result of the Bonus Army's protest in Washington?

Hoover's reputation increased

The veterans were paid immediately

Hoover's reputation plummeted and the US was angered (correct)

The Patman Bill was passed

What was the purpose of the Reconstruction Finance Corp?

To provide loans to banks and companies in need Signup and view all the answers

What is the term used to describe the economic cycle during the Great Depression?

Economic cycle Signup and view all the answers

What percentage of the population owned as much as 42% below poverty during the Great Depression?

0.1% Signup and view all the answers

What was the primary purpose of the Banking Holiday during Roosevelt's first hundred days in office?

To close all banks and reorganize their finances Signup and view all the answers

What was the main goal of the Relief aspect of the New Deal?

To provide jobs for the unemployed and protect farmers Signup and view all the answers

Who was the leader of the Share Our Wealth Society, which proposed benefits for families, education, and the elderly?

Huey Long Signup and view all the answers

What was the main reason why conservatives opposed the New Deal?

They saw it as a platform for socialism and were alarmed by the increase in federal regulation Signup and view all the answers

What was the purpose of the FDIC during Roosevelt's presidency?

To insure bank deposits Signup and view all the answers

What was the main goal of the Court Packing plan proposed by FDR?

To increase the number of Supreme Court judges to save his Second New Deal Signup and view all the answers