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1. | __________ allowed investors to purchase stocks for only a fraction of the sales price; unfortunately, the practice left investors owing more than they could repay when the stock market crashed.
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| a) Speculating
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| b) Buying on margin
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| c) Borrowing from banks
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| d) Using collateral, like cars and homes,
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2. | How did the Federal Reserve System respond to the nation's economic problems?
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| a) It provided federal relief with its Farm Board.
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| b) It restricted the money supply and made loans unavailable.
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| c) It increased the money supply, making it easier for banks to loan money.
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| d) It created job programs for the unemployed.
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3. | Hoover's response to the economic troubles of the 1930s was to __________.
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| a) encourage businesses and private citizens to work toward meeting the nations' needs
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| b) administer fiscal policy to ease the nation's financial crisis
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| c) call for sweeping legislation designed to improve the lives of suffering Americans
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| d) increase government spending
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4. | During the dust storms, many Great Plains farmers abandoned their farms and headed to California, lured by __________.
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| a) large industries looking for workers
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| b) good employment benefits
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| c) inexpensive housing
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| d) jobs in agriculture
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5. | During the Depression many men deserted their families and lived in hobo camps because __________.
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| a) families without fathers received increased relief benefits
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| b) life was better there than in Hoovervilles
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| c) they were too ashamed to return home without a job
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| d) they hoped to find employment with the railroad
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6. | Which one of the following phrases does NOT describe the role of women during the Depression?
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| a) started home businesses, such as taking in laundry
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| b) conserved and used traditional home crafts
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| c) worked at clerical and retail sales jobs
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| d) worked in professional fields that had traditionally gone to men
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7. | During the 1930s, movies were a popular form of entertainment because __________.
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| a) they offered an inexpensive escape from the hardships of the Depression
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| b) most films depicted the struggles of those suffering through the Depression
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| c) the expensive tickets were a luxury that status-seeking Americans coveted
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| d) other forms of entertainment, like radio and television, were not widely available
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8. | Most audiences preferred __________ entertainment that provided them a respite from the Depression.
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| a) fantasy-based
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| b) educational
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| c) news-based
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| d) live
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9. | Why did some writers and artists choose to expose the hardships of the Depression?
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| a) They wanted to depict Americans as full of hope for the future.
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| b) They found beauty in the pain and suffering.
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| c) They wanted to provoke social awareness and change.
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| d) They thought that the subject would bring financial success.
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