All SAT II US History Resources
Example Questions
Example Question #11 : Facts And Details In U.S. Economic History From 1899 To The Present
What was one of the key elements of Franklin Delano Roosevelt's "100 Days" economic plan?
Creation of Medicare to help the elderly with medical care
Reform of stock market trading practices
Establishment of Social Security to provide retirement for American workers
A large tax cut for businesses
Federal insurance for money held in banks
Federal insurance for money held in banks
During his 1932 election campaign, Franklin Delano Roosevelt promised that within his first 100 days in office he would pass numerous measures through Congress that would address the economic issues brought about by the Great Depression. Most of these were immediate fixes, focused on helping people's immediate economic plight. Chief among these was a measure of insurance for money held in American banks, which protected banks and allowed them to stay open while also guaranteeing that citizens would have money available to them.
Example Question #12 : Facts And Details In U.S. Economic History From 1899 To The Present
Poor farming techniques and bad weather led to what event?
The Famine of 1933
The Dust Storms
The Great Famine
The Dust Bowl
The Dust Bowl
The Dust Bowl was caused by farming techniques that stripped the Great Plains of their top soil. This mixed with a severe drought meant that the winds blowing across the plains cause massive dust storms that choked towns and cities, and destroyed the few crops that would still grow. This meant a mass migration of people would follow.
Example Question #13 : Facts And Details In U.S. Economic History From 1899 To The Present
Massive overproduction of many farm goods and certain crops meant what happened?
Major export markets were developed
Loss of entire crops deemed useless
Deflation of prices
Farms unable to sell their goods
Deflation of prices
The massive overproduction meant that markets in America for these goods had a huge oversupply. This led to the prices of these goods to fall to incredible lows. This meant farmers could not make a profit off their harvests and many lost their farms.
Example Question #22 : U.S. Economic History From 1899 To The Present
What President came up with the New Deal?
Teddy Roosevelt
Harry Truman
Herbert Hoover
Franklin Roosevelt
Franklin Roosevelt
FDR was voted into office for one reason, to help the nation recover from the Depression. His plan to pull the nation out of the economic hole it was in was to create a series of direct relief programs and reforms called the New Deal.
Example Question #14 : Facts And Details In U.S. Economic History From 1899 To The Present
Following the start of the Great Depression, President Hoover rejected calls for direct relief. What is direct relief?
Giving money to average citizens with the hope they would spend it and stimulate the economy
Giving money to major businesses to keep them from going out of business
Cutting taxes so people would have more money
Giving money to banks so they could continue operating normally
Giving money to average citizens with the hope they would spend it and stimulate the economy
Direct Relief is an economic principle where a government attempts to help an ailing economy by giving citizens assistance in the form of money either as a handout or in the form of a job. The idea being that if an average person has a few extra dollars to spend, they will spend it, thus getting money flowing through the economy again.
Example Question #15 : Facts And Details In U.S. Economic History From 1899 To The Present
What was President Hoover's reason for refusing to use direct relief to help the people of the U.S. during the Great Depression?
He was ideologically opposed to it
He wanted to give aide to businesses instead
He did not want the government to interfere in business matters
He did not want to run a budget deficit
He did not want to run a budget deficit
Hoover ran for president on the platform that government should not spend more than it takes in. As the Great Depression was in full swing, the government was bringing in much less in taxes than it needed to spend in order to operate. This meant the government could barely afford to support itself, never mind give relief to citizens, so Hoover decided to stick to principles and allow the economy to right itself.
Example Question #63 : U.S. Economic History
When did the Stock Market crash, sending the United States, and the world, into the Great Depression?
December 1929
October 1929
January 1930
May 1929
October 1929
October of 1929 would see the start of the largest economic decline in American History. Once the stock market crashed, it started a series of events that would cause the accumulated wealth of most Americans to evaporate.
Example Question #16 : Facts And Details In U.S. Economic History From 1899 To The Present
What were the groups of people who artificially raised the price of stocks for their own profit, which ultimately lead to the stock market crash were called?
Gangs
Mobs
Traders
Cartels
Cartels
The Cartels were groups of people who sold stock in companies they knew to be worthless that way the demand for those stocks would rise. This is when they would sell their own stocks at a huge profit, but leave all the people who had bought these stocks with nothing as they figured out the company they bought into was a sham.
Example Question #17 : Facts And Details In U.S. Economic History From 1899 To The Present
What were the rundown villages of shacks set up in many cities where the destitute lived during the Depression called?
Ramshackle
Hoovervilles
Ghettos
Shanty Towns
Hoovervilles
Hoovervilles were named after the President who many blamed for their woes. President Hoover's response to the Depression was considered slow, and when he did respond, inadequate. He generally did nothing to ease the suffering of American workers, and when he did do something it often only made matters worse.
Example Question #20 : Facts And Details In U.S. Economic History From 1899 To The Present
October 29, 1929 is famous for what event?
End of World War I
Election of Franklin Roosevelt
Rise of Hitler
Stock market crash
Stock market crash
The Stock Market Crash was not as many people think, the cause of the Great Depression, it simply signaled the start of the deep decline that was caused by a host of factors.
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