AnswersOK-Oklahoma History -CA- 37411AThe Great Depression and the New Deal

The Great Depression and the New Deal Answers

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How did the Great Depression in the US affect the global economy?

A
Reduced competition and low tariffs in the US invigorated other nations’ economies.
B
Low tariffs and low prices on goods in the US strengthened other nations’ economies.
C
High tariffs and bank collapse in the US weakened or damaged other nations’ economies.
D
The Great Depression in the US had little to no effect on most other nations’ economies.
3

What was a major problem for most Oklahoma farmers that the Depression-era Agricultural Adjustment Administration (AAA) never addressed?

A
Most Oklahoma farmers were tenant farmers, so they saw no profit from crop price gains.
B
Although many crop prices increased nationwide, prices for Oklahoma’s major crops stagnated.
C
Due to the way Oklahoma’s farm system was structured, profits benefited state government over individual farmers.
D
The AAA lost the support of Oklahoma’s state government, which refused to allow federal regulation over the state’s farms.
4

What was Elm Grove?

A
a popular charity that distributed food and clothes to Oklahoma City’s needy
B
an Oklahoma City Baptist church that set up the first breadlines in the state
C
an Oklahoma City restaurant that fed needy residents leftover table scraps
D
a shanty town that Oklahoma City placed under municipal control in 1932
5

What is the significance of the date October 29, 1929?

A
President Roosevelt’s New Deal initiatives began on that date.
B
Stock prices continued to drop after a devastating crash the week before.
C
A national “bank holiday” was conducted to freeze fund withdrawals.
D
The national unemployment rate reached an all-time high of 38 percent.
8

During the Great Depression, Oklahoma farmers experienced economic hardship due to falling crop prices, crop overproduction, increasing debts, and __________.

A
federally mandated spending freezes
B
new oil discoveries under farmland
C
intense drought
D
devastating prairie fires
10

What was the primary purpose of President Franklin Delano Roosevelt’s New Deal platform?

A
to close all American banks in order to reform the financial system
B
to cancel each American’s debt in order to encourage more spending
C
to encourage private charities to help unemployed Americans find jobs
D
to create agencies and programs in order to provide massive federal aid
11

Created by President Roosevelt’s New Deal legislation, what is the primary purpose of the Federal Deposit Insurance Corporation (FDIC)?

A
to insure bank customers’ collateral goods are not seized by banks illegally
B
to guarantee that bank customers insure their stock market investments
C
to make sure that bank customers’ accounts are secure even if the bank fails
D
to insure that banks distribute money only to the most reliable customers
13

Which of the following Depression-era policies was not enacted by Governor William Murray?

A
Murray seized Oklahoma banks in order to freeze fund withdrawals.
B
Murray ordered a temporary halt to farm foreclosures.
C
Murray established a quota for the amount of oil each well could produce.
D
Murray limited oil production in an attempt to raise oil prices.
14

The 1931 Oklahoma Emergency Relief Board was established to __________.

A
provide food and clothing to Oklahomans in need
B
distribute federal funds set aside to build new housing for the homeless
C
establish specific areas in public buildings for homeless Oklahomans to live
D
dispense medical aid to Oklahomans in need

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