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The staple of radio broadcasting during the 1930s was news.

A) True
B) False

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The Socialist Party of America in the 1930s was led by ________.

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During the 1930s,the American Communist Party was always under the close supervision of the Soviet Union.

A) True
B) False

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When a live radio broadcaster,overcome with emotion,cried out "Oh the humanity!" on the air in 1937,he was referring to the crash of the ________.

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Both the Agricultural Marketing Act and the Hawley-Smoot Tariff provided significant help to American farmers.

A) True
B) False

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The 1930s films of director Frank Capra typically displayed


A) a populist admiration for ordinary Americans.
B) the cultural backwardness of small towns in America.
C) praise for the "rugged individualism" of American business.
D) the grasping materialism of most Americans.
E) a harsh critique of the heartlessness of capitalism.

F) B) and D)
G) D) and E)

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Prior to the stock market crash in October 1929,what were the major weaknesses in the economy of the late 1920s?

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Answered by ExamLex AI

Answered by ExamLex AI

Prior to the stock market crash in October 1929, the major weaknesses in the economy of the late 1920s included overproduction and underconsumption, unequal distribution of wealth, and the reliance on credit and speculation. Overproduction and underconsumption occurred as industries were producing more goods than consumers could afford to buy. This led to a surplus of goods and declining prices, which in turn caused businesses to reduce production and lay off workers, exacerbating the problem. The unequal distribution of wealth meant that the majority of the population had limited purchasing power, while a small percentage of the population held most of the wealth. This further contributed to the issue of underconsumption. The reliance on credit and speculation also played a significant role in the weaknesses of the late 1920s economy. Many people were buying stocks "on margin," meaning they were borrowing money to invest in the stock market. This led to inflated stock prices and a speculative bubble that eventually burst with the stock market crash. These weaknesses, among others, contributed to the economic instability that ultimately led to the Great Depression.

Why was Franklin Roosevelt elected president in 1932? What was his campaign platform?

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Franklin D. Roosevelt was elected presid...

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Much of the money lent by the Reconstruction Finance Corporation went to large banks and corporations.

A) True
B) False

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During the 1930s,the Southern Tenant Farmers' Union


A) sought to organize the rural poor across racial lines.
B) was formed by the American Communist Party.
C) concerned the federal government as a powerful force of rural radicalism.
D) both sought to organize the rural poor across racial lines, and concerned the federal government as a powerful force of rural radicalism.
E) All these answers are correct.

F) A) and E)
G) A) and D)

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Franklin Roosevelt's victory over Herbert Hoover in 1932


A) saw Roosevelt carry every state.
B) was disputed in several states.
C) was a convincing mandate.
D) was decided only in the final days of the election.
E) All these answers are correct.

F) B) and E)
G) C) and E)

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C

In 1932,the Farmers' Holiday Association


A) began and spread throughout the South.
B) was essentially a farmers' strike.
C) led to more public money being sent to rural areas.
D) called on farmers to leave their lands unplanted.
E) argued that farmers should also reap the benefits of welfare capitalism.

F) A) and E)
G) D) and E)

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In the late 1920s,the European demand for agricultural and manufacturing goods from the United States was


A) rising.
B) steady.
C) declining.
D) chronically unstable.
E) essentially nonexistent.

F) None of the above
G) A) and D)

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In 1932,President Hoover sought to lift business out of the Depression through the ________ Corporation.

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Reconstruction Finance

At the end of the 1930s,a higher percentage of black women were employed than were white women.

A) True
B) False

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The economic pressures caused by the Great Depression


A) weakened the notion that a woman's proper place was in the home.
B) saw men move into jobs traditionally held by professional women.
C) forced most women out of the labor force.
D) led the federal government to make it illegal for married women to work outside the home.
E) affected service and clerical positions held by women more than they affected jobs in heavy industry.

F) C) and D)
G) A) and E)

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What did President Hoover offer in the fight against the Great Depression? Why was he ineffective in this fight?

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President Hoover offered a variety of me...

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In the year prior to its crash,the stock market had been soaring upward.

A) True
B) False

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The severity of the Depression increased in 1931 when the Federal Reserve Board


A) closed all financially-ailing banks.
B) declared bankruptcy.
C) weakened the value of the dollar.
D) expanded the money supply.
E) raised interest rates.

F) All of the above
G) B) and C)

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President Hoover did attempt to use federal spending to fight the Great Depression.

A) True
B) False

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