Question 1

In the 1920s, many investors bought stocks on margin-that is, with borrowed funds.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following was one of the contributing causes of the stock market crash of October 1929?

Accepted Answer

A)  For years, Americans were far too cautious in their spending and investments. 
B)  The gap decreased between production levels and the ability of the public to consume. 
C)  Decline of labor unions removed a check on rapid business growth. 
D)  Competition from foreign companies drove businesses under and lost many people their jobs. 
E)  The agricultural industry was by far the most stable, while other industries had stagnated. 
A)  For years, Americans were far too cautious in their spending and investments. 
B)  The gap decreased between production levels and the ability of the public to consume. 
C)  Decline of labor unions removed a check on rapid business growth. 
D)  Competition from foreign companies drove businesses under and lost many people their jobs. 
E)  The agricultural industry was by far the most stable, while other industries had stagnated.

Question 3

What did Andrew Mellon favor?

Accepted Answer

A)  the continuation of the high wartime level of taxation in order to build up the public treasury 
B)  a reduction of the high wartime level of taxation as well as a reduction in federal spending 
C)  an increase of the low wartime level of taxation for the benefit of the poor and middle class 
D)  the removal of long-standing Republican tariffs on imported goods 
E)  little economic policy because the Harding administration had inherited a booming economy 
A)  the continuation of the high wartime level of taxation in order to build up the public treasury 
B)  a reduction of the high wartime level of taxation as well as a reduction in federal spending 
C)  an increase of the low wartime level of taxation for the benefit of the poor and middle class 
D)  the removal of long-standing Republican tariffs on imported goods 
E)  little economic policy because the Harding administration had inherited a booming economy

Question 4

Although there were many factors that contributed to the Great Depression worsening, what combination of factors led to a growing recession in the months before the 1929 Great Crash?

Accepted Answer

A)  overproduction and underconsumption 
B)  flexible money policies and low taxes 
C)  low tariffs and laws protecting labor unions 
D)  low interest rates and high wages for workers 
E)  inflation and low unemployment 
A)  overproduction and underconsumption 
B)  flexible money policies and low taxes 
C)  low tariffs and laws protecting labor unions 
D)  low interest rates and high wages for workers 
E)  inflation and low unemployment

Question 5

What was the Teapot Dome Affair?

Accepted Answer

A)  It led to an attempt to impeach Harding that fell just four votes short of success in the House of Representatives. 
B)  It concerned a corrupt U.S. customs official who had regularly allowed Chinese imports into the country duty-free. 
C)  It was the impeachment of the attorney general for fraudulent handling of German assets seized after the First World War. 
D)  It involved the revelation that Harding had fathered a child out of wedlock and had been unfaithful to his wife. 
E)  It involved the leasing of government-owned oil deposits to private companies, as the secretary of the Interior took bribes from an oil tycoon. 
A)  It led to an attempt to impeach Harding that fell just four votes short of success in the House of Representatives. 
B)  It concerned a corrupt U.S. customs official who had regularly allowed Chinese imports into the country duty-free. 
C)  It was the impeachment of the attorney general for fraudulent handling of German assets seized after the First World War. 
D)  It involved the revelation that Harding had fathered a child out of wedlock and had been unfaithful to his wife. 
E)  It involved the leasing of government-owned oil deposits to private companies, as the secretary of the Interior took bribes from an oil tycoon.

Question 6

Discuss how corruption during the Harding administration got so widespread. Survey the various scandals and show the effects they had on the administration.

Accepted Answer

The corruption during the Harding admini

Question 7

Fundamentalists argued that the Bible ought to be taken literally rather than interpreted.

Accepted Answer

A) True 
 B)False

Question 8

What were the major causes of the Great Depression?

Accepted Answer

The Great Depression, which began in the

Question 9

Match each description with the item below.
-Alfred Smith

Accepted Answer

A) was the secretary of the Treasury under Harding who developed a plan that would affect federal spending 
B) was the secretary of state under Harding who pledged American disarmament to avoid an expensive naval arms race 
C) was the army's chief of staff who treated a group of protesting veterans seeking their cash bonuses as "insurrectionists" 
D) was the secretary of state who called for the nations in the Great War to sign a pact to renounce war "as an instrument of national policy" 
E) died suddenly while president after suffering an attack of food poisoning on a trip to the western United States
F)wrote the book American Individualism, asserting that he wished to promote a "rugged individualism" rather than selfishness
G)was the Republican vice-presidential candidate in 1920 and rose to the presidency due to the death of the president
H)was the Democratic presidential candidate in 1928 who led the party's anti-Klan, anti-Prohibition wing
I)was the volunteer defense attorney for John Scopes and a tireless defender of the rights of the working class
J)was the nominee of the fragmented Democrats during the 1924 election who could nearly outdo Coolidge in his conservatism 
A) was the secretary of the Treasury under Harding who developed a plan that would affect federal spending 
B) was the secretary of state under Harding who pledged American disarmament to avoid an expensive naval arms race 
C) was the army's chief of staff who treated a group of protesting veterans seeking their cash bonuses as "insurrectionists" 
D) was the secretary of state who called for the nations in the Great War to sign a pact to renounce war "as an instrument of national policy" 
E) died suddenly while president after suffering an attack of food poisoning on a trip to the western United States
F)wrote the book American Individualism, asserting that he wished to promote a "rugged individualism" rather than selfishness
G)was the Republican vice-presidential candidate in 1920 and rose to the presidency due to the death of the president
H)was the Democratic presidential candidate in 1928 who led the party's anti-Klan, anti-Prohibition wing
I)was the volunteer defense attorney for John Scopes and a tireless defender of the rights of the working class
J)was the nominee of the fragmented Democrats during the 1924 election who could nearly outdo Coolidge in his conservatism

Question 10

Why did farm prices drop so drastically in the 1920s?

Accepted Answer

A)  New methods of farming and an increased demand for American crops in Europe caused a boom in production that pushed prices down. 
B)  Federal laws restricted prices from rising above established levels, and Coolidge as well as the general public showed little interest in the "farm problem." 
C)  Competition from overseas was keeping prices down, as European farms produced far more than American farms, especially in the western plains. 
D)  The end of the Great War led to a dramatic decrease in the demand for crops, though production levels remained high, with surplus crops. 
E)  The most successful farms had become far simpler and less mechanized due to the emphasis on military technology over farming technology. 
A)  New methods of farming and an increased demand for American crops in Europe caused a boom in production that pushed prices down. 
B)  Federal laws restricted prices from rising above established levels, and Coolidge as well as the general public showed little interest in the "farm problem." 
C)  Competition from overseas was keeping prices down, as European farms produced far more than American farms, especially in the western plains. 
D)  The end of the Great War led to a dramatic decrease in the demand for crops, though production levels remained high, with surplus crops. 
E)  The most successful farms had become far simpler and less mechanized due to the emphasis on military technology over farming technology.

Question 11

How did the reactionary conservatism during the 1920s manifest itself in social life and governmental policies?

Accepted Answer

During the 1920s, reactionary conservati

Question 12

Which of the following did Calvin Coolidge do as president?

Accepted Answer

A)  He continued to promote Harding's progressive views on civil rights as well as many other progressive views in general. 
B)  He faced the Great Crash of 1929 and the early crisis of the Great Depression, establishing a vigorous program meant to repair the economy. 
C)  He vetoed many bills from Congress and sought to reduce both federal spending and regulation of business and industry. 
D)  He promised Americans a "return to normalcy" and greatly strengthened the Democratic party by unifying its warring factions. 
E)  He increased the federal government's role in regulating business and industry while adjusting income taxes to tax the wealthy more than the poor. 
A)  He continued to promote Harding's progressive views on civil rights as well as many other progressive views in general. 
B)  He faced the Great Crash of 1929 and the early crisis of the Great Depression, establishing a vigorous program meant to repair the economy. 
C)  He vetoed many bills from Congress and sought to reduce both federal spending and regulation of business and industry. 
D)  He promised Americans a "return to normalcy" and greatly strengthened the Democratic party by unifying its warring factions. 
E)  He increased the federal government's role in regulating business and industry while adjusting income taxes to tax the wealthy more than the poor.

Question 13

Al Smith's candidacy in 1928 represented the strong unity between rural and urban America.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following statements is true of the McNary-Haugen bill?

Accepted Answer

A)  It called for surplus crops to be sold on the world market in order to raise domestic prices. 
B)  It failed to pass Congress in 1922 but passed in 1927 with the support of President Coolidge. 
C)  It effectively raised domestic commodity prices by slowing the mechanization of agriculture. 
D)  It was viewed with derision by American farmers and led to widespread protests. 
E)  It ushered in a new golden age of American agriculture after the Great War. 
A)  It called for surplus crops to be sold on the world market in order to raise domestic prices. 
B)  It failed to pass Congress in 1922 but passed in 1927 with the support of President Coolidge. 
C)  It effectively raised domestic commodity prices by slowing the mechanization of agriculture. 
D)  It was viewed with derision by American farmers and led to widespread protests. 
E)  It ushered in a new golden age of American agriculture after the Great War.

Question 15

Which of the following was true of William Jennings Bryan?

Accepted Answer

A)  He believed evolution should be taught in science classes and made a compelling case for why it was lawful. 
B)  He transformed fundamentalism into a popular crusade and prosecuted John Scopes for teaching evolution. 
C)  He was a progressive pastor at New York City's First Presbyterian Church who dismissed biblical fundamentalism as "immeasurable folly." 
D)  He was a vocal supporter of the Ku Klux Klan and only rose to political prominence during the mid-1920s. 
E)  He was a staunch progressive within the Republican party who shaped much of the legislation of the 1920s. 
A)  He believed evolution should be taught in science classes and made a compelling case for why it was lawful. 
B)  He transformed fundamentalism into a popular crusade and prosecuted John Scopes for teaching evolution. 
C)  He was a progressive pastor at New York City's First Presbyterian Church who dismissed biblical fundamentalism as "immeasurable folly." 
D)  He was a vocal supporter of the Ku Klux Klan and only rose to political prominence during the mid-1920s. 
E)  He was a staunch progressive within the Republican party who shaped much of the legislation of the 1920s.

Question 16

Of the following presidents, which tied government and business closer together than at any other time in the twentieth century?

Accepted Answer

A)  Warren Harding 
B)  Calvin Coolidge 
C)  Herbert Hoover 
D)  Franklin Roosevelt 
E)  Woodrow Wilson 
A)  Warren Harding 
B)  Calvin Coolidge 
C)  Herbert Hoover 
D)  Franklin Roosevelt 
E)  Woodrow Wilson

Question 17

Following the Great War, most Americans felt that they owed Europeans and, thus, insisted on forgiving their war debts.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following was a challenge Hoover faced during the Great Depression?

Accepted Answer

A)  He was far more successful fixing the economic issues in the South than in the North because the programs he designed aligned better with the political climate in the South. 
B)  He was far too eager to give speeches, express emotion, and be in the limelight, even when he had made little real progress on issues related to the Depression. 
C)  He remained incredibly popular throughout his presidency, but would have risked losing this popularity had his attempts to resolve the Depression been more extensive. 
D)  He ultimately lost the respect of most Americans because he failed to grasp or acknowledge the seriousness of the economic issues and hardship many Americans faced. 
E)  He was near poverty himself due to the onset of the Depression and, thus, had limited resources and stamina to devote to tackling the problem. 
A)  He was far more successful fixing the economic issues in the South than in the North because the programs he designed aligned better with the political climate in the South. 
B)  He was far too eager to give speeches, express emotion, and be in the limelight, even when he had made little real progress on issues related to the Depression. 
C)  He remained incredibly popular throughout his presidency, but would have risked losing this popularity had his attempts to resolve the Depression been more extensive. 
D)  He ultimately lost the respect of most Americans because he failed to grasp or acknowledge the seriousness of the economic issues and hardship many Americans faced. 
E)  He was near poverty himself due to the onset of the Depression and, thus, had limited resources and stamina to devote to tackling the problem.

Question 19

Who was the "Ohio gang"?

Accepted Answer

A)  a group of actors who rivaled Charlie Chaplin in box office receipts 
B)  Herbert Hoover's closest advisers, who directed his rise to the presidency 
C)  progressive activists who ensured a minimum-wage law for women 
D)  the beloved hosts of the first national radio program 
E)  a group of President Harding's friends who were named to political office 
A)  a group of actors who rivaled Charlie Chaplin in box office receipts 
B)  Herbert Hoover's closest advisers, who directed his rise to the presidency 
C)  progressive activists who ensured a minimum-wage law for women 
D)  the beloved hosts of the first national radio program 
E)  a group of President Harding's friends who were named to political office

Question 20

How did the public view the Reconstruction Finance Corporation, Hoover's first and biggest effort at relief?

Accepted Answer

A)  It was met with enthusiasm because although the Depression persisted, it ended widespread hunger. 
B)  Most Americans resented the fact that it benefited Europeans, and U.S. business was unaffected. 
C)  It was seen as helping only banks and other big businesses rather than individuals in need. 
D)  Americans were overwhelmingly grateful and convinced that it would help improve recovery. 
E)  It led to massive riots because it caused an unprecedented number of foreclosures and job losses. 
A)  It was met with enthusiasm because although the Depression persisted, it ended widespread hunger. 
B)  Most Americans resented the fact that it benefited Europeans, and U.S. business was unaffected. 
C)  It was seen as helping only banks and other big businesses rather than individuals in need. 
D)  Americans were overwhelmingly grateful and convinced that it would help improve recovery. 
E)  It led to massive riots because it caused an unprecedented number of foreclosures and job losses.

Exam 24: The Reactionary Twenties

In the 1920s, many investors bought stocks on margin-that is, with borrowed funds.

Which of the following was one of the contributing causes of the stock market crash of October 1929?

What did Andrew Mellon favor?

Although there were many factors that contributed to the Great Depression worsening, what combination of factors led to a growing recession in the months before the 1929 Great Crash?

What was the Teapot Dome Affair?

Discuss how corruption during the Harding administration got so widespread. Survey the various scandals and show the effects they had on the administration.

Fundamentalists argued that the Bible ought to be taken literally rather than interpreted.

What were the major causes of the Great Depression?

Match each description with the item below. -Alfred Smith

Why did farm prices drop so drastically in the 1920s?

How did the reactionary conservatism during the 1920s manifest itself in social life and governmental policies?

Which of the following did Calvin Coolidge do as president?

Al Smith's candidacy in 1928 represented the strong unity between rural and urban America.

Which of the following statements is true of the McNary-Haugen bill?

Which of the following was true of William Jennings Bryan?

Of the following presidents, which tied government and business closer together than at any other time in the twentieth century?

Following the Great War, most Americans felt that they owed Europeans and, thus, insisted on forgiving their war debts.

Which of the following was a challenge Hoover faced during the Great Depression?

Who was the "Ohio gang"?

How did the public view the Reconstruction Finance Corporation, Hoover's first and biggest effort at relief?

The Collision of Cultures

Englands Colonies

Colonial Ways of Life

From Colonies to States

The American Revolution

Strengthening the New Nation

The Early Republic

The Emergence of a Market Economy

Nationalism and Sectionalism

The Jacksonian Era

The South, Slavery, and King Cotton

Religion, Romanticism, and Reform

Western Expansion

The Gathering Storm

The War of the Union

The Era of Reconstruction

Business and Labor in the Industrial Era

The New South and the New West

Political Stalemate and Rural Revolt

Seizing an American Empire

The Progressive Era

America and the Great War

A Clash of Cultures

25

The Second World War

The Cold War and the Fair Deal

Cold War America

A New Frontier and a Great Society

Rebellion and Reaction

Conservative Revival

Twenty-First-Century America

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