AnswersHSSUS US History Sem 1 26-27Prohibition

Boom and Bust in Florida Answers

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During Florida’s land boom, sellers who took advantage of investors by encouraging them to buy properties sight unseen were

A
participating in speculation.
B
engaging in overproduction.
C
following an ethical code.
D
committing fraud.
2
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A
bartering
B
stealing
C
money
D
credit
3

Land buyers in Florida who participated in speculation bought

A
expensive land, waited for the price to rise, and sold it for a loss.
B
cheap land, waited for the price to fall, and sold it for a profit.
C
expensive land, waited for the price to drop, and sold it for a loss.
D
cheap land, waited for the price to rise, and sold it for a profit.
4

A responsibility of the Federal Art Project during the Great Depression involved

A
setting up art classes for residents.
B
taxing artists who wanted to sell their work.
C
depicting hardship through artwork.
D
running art programs at state parks.
5

[BLANK]

A
steep
B
high
C
low
D
no
6

[BLANK]

A
credit
B
bartering
C
savings
D
speculation
7

Which explains why houses were sitting empty at the end of Florida’s land boom?

A
There was a lack of buyers for the many developments.
B
There was a surplus of buyers for the many developments.
C
Most houses were not for sale and were taken off the market.
D
House sales were stopped due to poor construction.
8

Which factors contributed to the land boom’s collapse in Florida? Check all that apply.

A
Overdevelopment made it hard for people to sell property.
B
Too many investors were making money by speculating in the market.
C
Buyers were tricked into bad deals by criminals who committed fraud.
D
Developers struggled to build enough homes for a surplus of buyers.
E
A series of national disasters destroyed homes and businesses.
F
People began to use credit that extended beyond their means.
9

Which best explains why hundreds of citizens died during the Miami Hurricane of 1926?

A
It struck with very little warning.
B
Weather experts miscalculated the storm.
C
Homes were built too far from the ocean.
D
It struck Florida’s least populated area.
10

How did the New Deal help Florida recover from the Great Depression?

A
It created construction jobs for thousands of workers.
B
It built dams to generate free electricity for residents.
C
It developed homes as part of the state’s land boom.
D
It established a program to make land speculation easier.

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