Tag: the great depression

Questions Related to the great depression

How did Western European governments initially respond to the Great Depression?

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. Political parties were reorganized into single, national parties to tackle the problem with unified efforts

  2. Public works projects were immediately launched to counteract the negative economic effects

  3. Legislatures passed measures allowing for more open trade with reduced tariffs to stimulate the economy

  4. Conservative political measures were largely replaced by leftist socialist policies in most countries

  5. European holdings in Africa and Asia were decolonized to liberate spending for the home economies.

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Correct Option: A

The difference between FDR and Herbert Hoover was _________.

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. FDR believed in rugged individualism, while Herbert Hoover believed that the individual was capable of raising himself/herself above the Depression

  2. Herbert Hoover believed that the government and the people had a duty to help those suffering from the depression, while FDR believed in laissez-faire

  3. FDR supported the idea of "priming the pump" with government money to end the Depression, while Herbert Hoover believed in direct relief to the people suffering from the Depression

  4. Herbert Hoover believed in rugged individualism, while FDR believed in "priming the pump" with government funds to end the Depression

  5. FDR was willing to take control of legislation to end the Depression even without the support of Congress, while Herbert Hoover believed in expanding the powers of the presidency to deal with the Depression

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Correct Option: D
Explanation:

he difference between FDR and Herbert Hoover was Herbert Hoover believed in rugged individualism, while FDR believed in "priming the pump" with government funds to end the Depression.

A major change brought about by Franklin D. Roosevelts New Deal, 1933-1939, was the ______.

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. Creation of machinery for maintaining full employment

  2. Transformation of a business-dominated society into a labor-dominated one

  3. Redistribution of population from urban centers to rural areas

  4. Development of new attitudes about the role and function of government

  5. Destruction of machine politics at the state and city levels

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Correct Option: D
Explanation:

The idea was to develop new attitudes about the role of government.

Which of the following is the most important cause of the Great Agrarian Depression?

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. Closure of banks

  2. Closure of factories

  3. Over production and fall of agricultural prices

  4. Crash ofstock market

  5. None of these

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Correct Option: C
Explanation:

 Mechanisation had reduced the need for labour. Production had expanded so rapidly during the war and post-war years that that there was a large surplus. Unsold stocks piled up, storehouses overflowed with grain, and vast amounts of corn and wheat were turned into animal feed. Wheat prices fell and export markets collapsed. This created the grounds for the Great Agrarian Depression of the 1930s that ruined wheat farmers everywhere.

After they drove west from the Dust Bowl seeking work in California, most farmers ________.

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. Found good jobs and soon returned to prosperity

  2. Competed with thousands like themselves for poorly paid work

  3. Got arrested protesting unfair working conditions

  4. Crossed the border into Mexico to find work

  5. Petitioned the White House for help in fighting the growers' association

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Correct Option: B
Explanation:

After they drove west from the Dust Bowl seeking work in California, most farmers competed with thousands like themselves for poorly paid work.

Who prided itself in escaping the impact of the Great Depression?

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. USA

  2. USSR

  3. UK

  4. China

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Correct Option: B
Explanation:

The USSR prided itself in escaping the impact of the Great Depression. USSR was able to escape the effect of the Depression because it was not integrated with the international market. Secondly, it had a planned economy in which the state decided what has to be produced and how much. This helped them to maintain a balance between demand and supply.

Herbert Hoover's idea of "rugged individualism" suggested that ___________.

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. people were able to survive hard times through their inner strength and resources

  2. the government should give direct aid to the people in hard times

  3. all of the basic needs of the people are the sole responsibility of the government

  4. difficult times called for exceptional individuals to exercise power

  5. the government and the people are partners who must share equal responsibility for the well-being of the populace

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Correct Option: A
Explanation:

Herbert Hoover's idea of "rugged individualism" suggested that people were able to survive hard times through their inner strength and resources.

To protect citizens from bank failures, Franklin D. Roosevelt and Congress established the _________.

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. National Industrial Recovery Act (NIRA)

  2. Securities and Exchange Commission (SEC)

  3. Federal Deposit Insurance Corporation (FDIC)

  4. Social Security Administration

  5. Federal Reserve System

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Correct Option: C
Explanation:

To protect citizens from bank failures, Franklin D. Roosevelt and Congress established the Federal Deposit Insurance Corporation (FDIC).

Roosevelt introduced the much needed ___________ system in the US.

the great depression great depression between the two world wars - the russian revolution and the great depression the world between two wars history

  1. Feudal

  2. Capitalist

  3. Socialist

  4. Social Security

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Correct Option: D
Explanation:

Roosevelt introduced the much needed social security system in the US. It established a permanent system of universal retirement pensions (Social Security), unemployment insurance, and welfare benefits for the handicapped and needy children in families without a father present. It established the framework for the U.S. welfare system.