Tag: the world between two wars

Questions Related to the world between two wars

Black Tuesday is a significant day in U.S. history because it marks the beginning of __________.

  1. U.S. involvement in World War II in 1941

  2. the Depression of 1929

  3. the atomic age with the bombing of Hiroshima in 1945

  4. World War I in 1914

  5. the great blackout in New York City in 1976


Correct Option: B
Explanation:

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until the late-1930s

The administration of Franklin D. Roosevelt began with _________.

  1. A court-packing scheme

  2. An end to speculation in stocks an the stock market

  3. A decrease in unemployment

  4. The establishment of the Social Security system

  5. A bank holiday


Correct Option: E
Explanation:

The administration of Franklin D. Roosevelt began with A bank holiday.

A philosophical basis of Franklin D. Roosevelt's New Deal was the _________.

  1. philosophy of Herbert Hoover

  2. practice of laissez-faire by the government

  3. combination of relief, recovery, and reform

  4. idea that wars end depression

  5. importance of gaining the approval of Congress before he established his programs


Correct Option: C
Explanation:

A philosophical basis of Franklin D. Roosevelt's New Deal was the combination of relief, recovery, and reform.

Which of the following statements best defines the economic term "depression"?

  1. A sharp drop in business activity along with rising unemployment

  2. A large influx of foreign capital

  3. An unpredicted increase in exports with a decline in imports

  4. A lowering of interest rates

  5. The laws of supply and demand


Correct Option: A
Explanation:

Depression is defined as a severe and prolonged recession. A recession is a situation of declining economic activity. Declining economic activity is characterized by falling output and employment levels. Generally, when an economy continues to suffer recession for two or more quarters, it is called depression.

Which statement best explains the trickle-down theory of economics?

  1. Government-sponsored lotteries give people a chance to get rich.

  2. Lowering the top income tax rates will spur economic growth.

  3. Government programs that hire the unemployed lower the poverty rates.

  4. Lowering the bottom income tax rates encour ages spending.

  5. Low-interest government loans spur economic growth.


Correct Option: B
Explanation:

Truman wanted to dismantle Japan's nuclear facilities.

Because of his belief that the New Deal had not accomplished its goals, Francis Townsend proposed a plan to __________.

  1. use nonviolent civil disobedience to oppose racial segregation

  2. send aid to antifascist groups in Europe

  3. force all "subversive" groups to register with the government

  4. ban women from working outside the home until all able-bodied men had work.

  5. provide a monthly stipend to everyone in the United States over 60 years old


Correct Option: E
Explanation:

 New Deal had not accomplished its goals, Francis Townsend proposed a plan to provide a monthly stipend to everyone in the United States over 60 years old.

When Herbert Hoover was elected as President in 1928, the U.S. economy appeared to be in a _________.

  1. Depression

  2. Recession

  3. Period of prosperity

  4. Recovery

  5. Bank crisis


Correct Option: C
Explanation:

When Herbert Hoover was elected as President in 1928, the U.S. economy appeared to be in a Period of prosperity.

One of the first actions taken by President Franklin D. Roosevelt after his inauguration in 1933 was to __________.

  1. declare a bank holiday

  2. establish the Reconstruction Finance Corporation

  3. establish Social Security

  4. establish the National Recovery Administration

  5. pack the Supreme Court


Correct Option: A
Explanation:

One of the first actions taken by President Franklin D. Roosevelt after his inauguration in 1933 was to declare a bank holiday.

The phrase "Speak softly and carry a big stick," originally referred to ___________.

  1. President Theodore Roosevelt's policy in regard to Latin America.

  2. President John F. Kennedy's policy in regard to Vietnam.

  3. President Andrew Jackson's policy in regard to Native American nations.

  4. President George H. W. Bush's policy in regard to Saudi Arabia.

  5. President Dwight D. Eisenhower's policy in regard to the Soviet Union.


Correct Option: A
Explanation:

The phrase "Speak softly and carry a big stick," originally referred to President Theodore Roosevelt's policy in regard to Latin America.

All the following were New Deal programs EXCEPT:

  1. Civil Works Administration

  2. Reconstruction Finance Corporation

  3. National Labor Relations Act

  4. Farm Security Administration

  5. Federal Housing Administration


Correct Option: B
Explanation:

The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1936. It responded to needs for relief, reform, and recovery from the Great Depression except for Reconstruction Finance Corporation.