Unit 4 Test (From Prosperity to Poverty)

1.

1 point

What happened to farm prices when European farmers went back to work after World War I?

Prices increased because of more competition.

Prices increased because of less competition.

Prices decreased because of more competition.

Prices decreased because of less competition.

2.

1 point

What happened to the price of farmed goods when farmers overproduced after World War I?

Prices stayed the same

Prices fell

Prices increased

3.

1 point

What were people called who exposed corruption and convinced the public of the need for reform?

Patronage

Progressivists

Muckrakers

4.

1 point

What grew as a result of the 18th Amendment and why did it flourish?

Taxes grew because people spend their money on other consumer goods.

Organized crime grew because those groups made a fortune from the sale of alcohol on the black market.

Families grew because they were able to save money.

5.

1 point

Why is confidence important for a strong economy?

People need to feel that the government will take care of them in are economic times.

People need to feel that the government can fix their problems.

People need to believe that their money is safe to spend and/or invest.

People need to feel that they can quit their jobs to find work that is more gratifying.

6.

1 point

All of the following are reasons the stock market crashed in the 1920s EXCEPT:

Investors saw the economy slowing down and began selling their stocks.

Many people were forced to sell to repay their loans.

More people invested in the stock market, which drove prices down because of the amount of stocks being bought.

As stock prices continued to fall, more people sold their stocks, which made prices drop further.

7.

1 point

What happened to American farmers as a result of the price change after World War I?

Their incomes increased and they were able to repay their loans early.

Their incomes dropped and many had a difficult time repaying their loans.

Their incomes increased and banks made less money from the loans that were granted.

Their incomes dropped and the banking system was strengthened because banks took possession of property that was almost paid off.

8.

1 point

Which of the following terms means to be set free from restrictions?

Emancipate

Prohibition

Relegate

9.

1 point

The date of the stock market crash and the start of the Great Depression became known as

Weak Wednesday

Morbid Monday

Black Friday

Black Tuesday

10.

1 point

All of the following are reasons why World War I caused an increase in demand for farmed goods EXCEPT:

Europe was entrenched in war and did not have the time or resources to produce harvests to sustain their populations.

There was less competition because Europeans were not farming at the same rate as before the war.

Europeans needed farm products that they were not producing themselves.

American farmers limited the amount of products they were producing to drive up demand.

11.

1 point

Because many Americans blamed the sitting president for their woes at the start of the Great Depression, Americans elected who to replace him?

Roosevelt

Harding

Hoover

Wilson

12.

1 point

What is the difference between imported and exported goods?

Imported goods are shipped by plane and exported goods are shipped by boat.

Imported goods are brought into the country from foreign businesses and exported goods are sent to other countries from domestic businesses.

Exported goods are brought into the country from foreign businesses and imported goods are sent to other countries from domestic businesses.

13.

1 point

A government program that is meant to prevent an economic depression from happening again is called

recovery program.

relief program.

reform program.

14.

1 point

Which of the following amendments made it illegal to make, sell, transport, and/or distribute alcohol?

19th Amendment

18th Amendment

16th Amendment

17th Amendment

15.

1 point

What were the shows done on stage called that consisted of separate unrelated acts grouped together in one performance, which could include musicians and acrobats?

Broadway

Vaudeville

Late Night

16.

1 point

What did the shantytowns that were constructed during the Great Depression to house some of the most desperate people and families become known as?

Wilsonvilles

Hoovervilles

Hardingvilles

Roosevilles

17.

1 point

Which of the following allows voters to put bills before the legislative body?

Referendum

Initiative

Primary

Recall

18.

1 point

The Federal Deposit Insurance Corporation (FDIC) was created by the government to

protect banks from going out of business.

make sure a person's bank account is protected by the federal government.

help banks open again after the Great Depression.

19.

1 point

Who was the president that implemented the programs of the New Deal?

Hoover

Wilson

Roosevelt

20.

1 point

What happened to a person's bank account if their bank went out of business towards the beginning of the Great Depression?

They were able to get their money out before the bank went out of business.

The money in their bank accounts disappeared along with the banks.

Banks were required to give back people's money before they closed their doors.

People's bank accounts grew from less banking competition.

21.

1 point

What form of media emerged as the most powerful communications tool in the 1920s?

Morse Code

Television

Radio

22.

1 point

What is laissez-faire economics?

The idea that the economy needs to rely on the government to stimulate activity.

The idea that the government needs to place heavy fines on those people that take advantage of economic collapse.

The idea that the economy would take care of itself without government interference.

The idea that the government needs to be directly involved in repairing and regulating the economy.

23.

1 point

What was the date of the stock market crash and the start of the Great Depression?

November 18, 1918

September 21, 1921

August 15, 1915

October 29, 1929

24.

1 point

What does unprecedented mean?

To un-elect a president

To preside over a court case

To never have been done before

25.

1 point

Which of the following allows voted to select candidates from their political party?

Initiative

Referendum

Recall

Primary

26.

1 point

Which of the following amendments granted women the right to vote?

19th Amendment

16th Amendment

18th Amendment

17th Amendment

27.

1 point

Which of the following allows voters to vote directly on legislative bills?

Recall

Initiative

Primary

Referendum

28.

1 point

A government program created to help the most needy of people after the depression hit is called a

relief program.

reform program.

recovery program.

29.

1 point

What reform created the Civil Service Commission to ensure that only qualified people received federal jobs?

Pendleton Act

Interstate Commerce Act

Sherman Antitrust Act

30.

1 point

All of the following are factors that helped boost the American economy in the 1920s EXCEPT:

The government placed more regulations on businesses to promote consumer confidence.

Factories made more consumer goods because of the increase in Americans' disposable income.

More people invested in the stock market in hopes of increasing their earnings.

The government cut regulations on businesses, which allowed corporations to concentrate to their operations.

31.

1 point

What is foreclosure?

It is a loan made to people looking to buy property.

The process of a bank taking possession of a property from people who have not kept up with the mortgage payments or loans.

The process of the government to take possession of a property from people who have not kept up with the mortgage payments.

It is when a bank closes the door on potential customers.

32.

1 point

All of the following were signs that the U.S. economy was in trouble before the start of the Great Depression EXCEPT:

People spent their disposable income on luxury items.

The textile industry faced competition from foreign producers.

New home construction slowed.

The railroad industry lost business to new forms of transportation.

33.

1 point

What reform made it illegal for companies to restrict competition and outlawed monopolies?

Sherman Antitrust Act

Interstate Commerce Act

Pendleton Act

34.

1 point

When the government spends more money than it brings in with taxes it is called

deficit spending.

surplus spending.

recovery spending.

35.

1 point

Which of the following allows voters to remove officials from office?

Recall

Primary

Initiative

Referendum

36.

1 point

Some people thought the New Deal was bad because

the government has a duty to help all citizens.

it increased the unemployment rate.

it led to increases in the national debt.

it saved the nation's democratic system.

37.

1 point

Others thought the New Deal was bad because it

decreased the national debt too rapidly.

was a turning point in American history.

interfered too much in people's lives and businesses.

38.

1 point

A government program created to help stabilize the economy after the depression hit is called a

recovery program.

reform program.

relief program.

39.

1 point

What happened to the banking system when 400,000 farms went into foreclosure?

The banking system was weakened.

The banking system stayed the same.

The banking system was strengthened.

40.

1 point

Which of the following amendments provides for the direct elections of senators?

17th Amendment

16th Amendment

19th Amendment

18th Amendment

41.

1 point

What is a tariff?

Regulations placed on businesses to produce clean energy.

A tax on imported or exported goods.

The appointment of a political into office.

42.

1 point

What is urbanization?

The process of building up a city to accommodate a rising population.

The process of people moving out a city to find work.

The process of a city producing more agricultural products for its population.

43.

1 point

What did farmers do in response to the increase in demand for farmed goods during World War I?

American farmers borrowed money from banks to buy more land and equipment.

American farmers lowered prices to accommodate those countries entrenched in battle.

American farmers limited the amount they produced to drive up prices.

Many American farmers sold off their land to keep demand and prices high.

44.

1 point

What was the Harlem Renaissance?

A political movement to promote more representation in government.

A cultural movement that last from the 1910s-1930s and centered around the African American community in New York City.

A protest movement that encouraged people to fight for their rights.

45.

1 point

Who was president during the Teapot Dome Scandal and the Veteran's Bureau Scandal?

Wilson

Harding

Taft

46.

1 point

Who was president of the U.S. at the Start of the Great Depression?

Roosevelt

Hoover

Harding

Wilson

47.

1 point

What was the highest average yearly unemployment rate during the Great Depression?

75%

50%

25%

10%

48.

1 point

What was the period of time in which Americans sought to return control of the government to the people, restore economic opportunities, and correct injustices in American life?

Progressive Era

Gilded Age

Industrial Revolution