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Quiz Show
1 POINT PER QUESTION
Name the candidates and their parties in the presidential election of 1928.
Alfred E. Smith – Democrat
Herbert Hoover - Republican
Extremely risky business transactions in the stock market, to make quick or large profits.
Speculation
The McNary-Haugen bill would have established this for farmers crops, but it was vetoed by President Coolidge.
Price Supports
The day the stock market crashed on October 29, 1929 was called…
Black Tuesday
This is the average of a group of stocks indicating whether the Stock Market is up, down, or unchanged.
Dow Jones Industrial Average
Provided a means to monitor and enforce regulations on the Stock Market.
Securities and Exchange Commission
Paying a small percentage (10%) of a stocks price and borrowing the rest from the Stock Broker.
Buying on Margin
This raised retail prices, reduced imported goods into the US, and prevented other countries from earning American currency.
Hawley-Smoot Tariff Act
Buy now, pay later, often on an installment plan.
Credit
1924-1940, economy down, unemployment high.
The Great Depression
Built parks and roads, planted trees, helped with soil erosion and flood control.
The Civilian Conservation Corps
This required corporations to provide complete, truthful information on all stock offerings.
Federal Securities Act
Set a minimum hourly wage and prohibited factory labor for children under 16.
Fair Labor Standards Act
This rebuilt dams and provided Hydroelectric power.
Tennessee Valley Authority
Provided a pension for retired workers and their spouses and aided people with disabilities, poor mothers with dependent children, and the needy elderly.
The Social Security Act
Established the National Labor Relations Board to settle disputes between employers and employees.
The Wagner Act
Fought unemployment and poverty by creating jobs building airports, libraries, and federal buildings
Works Progress Administration
Provided for bank inspections by the Treasury Department and federal loans to solid banks.
Emergency Banking Relief Act
Protects individual bank accounts, originally up to $5,000.00.
Federal Deposit Insurance Corporation
Name three things that stimulated US imperialism.
- thirst for new economic markets
- desire for military strength
- a belief in the cultural superiority of the Anglo-Saxon culture
Which country’s residents became citizens of the United States in 1917?
Puerto Rico
Who told the artist Frederic Remington, “You furnish the pictures and I’ll furnish the war”?
William Randolph Hearst
For which action did Theodore Roosevelt win the 1906 Nobel Peace Prize?
negotiating an end to war between Russia and Japan
Name three conflicts that US troops were involved in.
the Boxer Rebellion,
the Hawaiian Revolution,
Cuba’s second war for independence
What did the United States insist that Cuba include in its constitution?
The Platt Amendment
On what did the Roosevelt Corollary build?
The Monroe Doctrine
What was included in the de Lôme letter?
Criticisms of President McKinley
What war ended with the Treaty of Paris of 1898?
The Spanish-American War
What was the purpose of the Foraker Act?
to end military rule and set up civil government in Puerto Rico
What were the four main causes of WWI?
Militarism,
Alliance System,
Imperialism,
Nationalism
Where did the assassination that triggered World War I occur?
Bosnia
What caused widespread starvation in Germany?
The British Blockade
What did the United States use to overcome the threat of German U-boats?
The convoy system
What did the Selective Service Act require?
For men to register for military service.
Which weapons of mechanized warfare were introduced in World War I?
Planes and Tanks
Name the “Big Four”, leaders and countries.
Clemenceau – France
Lloyd-George – Great Britain
Orlando – Italy
Wilson - US
Who rejected Wilson’s “Fourteen Points” peace plan?
Allied Leaders
What reason did Senators give for opposing U.S. membership in the League of Nations?
It would drag the United States into European conflicts
Nicola Sacco and Bartolomeo Vanzetti were charged with, and convicted of,
Robbery and murder
The immigration policies of the 1920s limited immigration from all countries except
Mexico and Canada
Attorney General A. Mitchell Palmer believed that he needed to protect the American people from
Political radicals
During the 1920s, union membershipincreased, decreased, or stayed the same?
Dropped considerably
The first practical peacetime use of airplanes was for
Carrying mail
The main factor causing urban sprawl in the 1920s was
The Automobile
The Teapot Dome scandal centered around
Oil-rich lands
The Fordney-McCumber Tariff was meant to
raise taxes on goods entering the United States.
To protect their own interests, employers often accused striking workers of being
Communists
What was the first major action Franklin D. Roosevelt took as president?
He closed all of the nation’s banks and ordered inspections
Who was the first woman to serve in the cabinet?
Frances Perkins
What was the main objective of the Agricultural Adjustment Act?
to raise prices of farm products
What New Deal program most directly responsible for creating new jobs and putting people to work?
The Works Progress Administration
What role did Eleanor Roosevelt play in the Franklin D. Roosevelt administration?
She was an important advisor on domestic policy.
What reached a new high during Franklin D. Roosevelt’s first term as president?
the national debt from deficit spending
Who took photographs of the grim lives of farm families fleeing the Dust Bowl during the Depression?
Dorothea Lange
List the four goals of the Progressive Movement.
Protecting social welfare,
Promoting moral improvement,
Creating Economic reform,
Fostering efficiency in the workplace
Muckrakers were
Journalists.
In “The Jungle”, Upton Sinclair exposed
unsanitary conditions in the meat-packing industry.
The first person to use the presidency as a “bully pulpit” was
Theodore Roosevelt
The law that required truthful labels was the
Pure Food and Drug Act
Tennessee Valley Authority map
Ch 15 Test
Describe the causes of the Great Depression.
In the late 1920s, most people felt the economy was
doing well. Rising stock prices throughout the decade had created
prosperity for many and widespread optimism. But this prosperity was
superficial and hid underlying economic problems. Both consumers
and farmers were going deeper into debt because of easy credit. Farm
prices had been falling because of overproduction. Basic industries,
such as railroads and coal mining, were barely making any profits.
Moreover, many people could not make a decent living, and the gap
between rich and poor was widening. These weaknesses were exposed
when the stock market crashed in 1929. Its effects were amplified by
the fact that many investors had borrowed money to buy stocks. The
crash hastened the collapse of banks, which had invested in the market,
causing millions of people to lose their life savings, and caused businesses
to close or cut back production. Millions of people were without
jobs. Chronic unemployment left many people living in shanties, standing
in bread lines, and demoralized by hard times.
Defend the argument that America’s poor use of credit will be the leading factor towards the economic collapse of the late 1920’s.
Debt Deflation happened when banks lent out more money than they had to lend. Manufacturers and retailers offered consumers one dollar down and one dollar a month installment Plans in order to sell more products. Easy credit led to a amount of consumer debt that could never be realistically paid. Brokerage firms on average would lend $9 for every $1 an investor had deposited, “buying on margin”. When the market fell, brokers called in these loans, which could not be paid back. Banks began to fail as debtors defaulted on debt and depositors attempted to withdraw their deposits (Bank Runs), this happened with masses of people. Bank failures led to the loss of billions of dollars in assets. This became a problem because as people were losing their jobs and the value of the dollar was going down the debt that people had accumulated stayed the same. With the Bank Run and falling value of the dollar, the first ten months of 1930 744 US banks failed. The bank failures became worse when the banks tried collecting on the loans but the people could not pay them back in time. This caused banks not to want to give out as many loans or even have loans at all. This really slowed down the economy.