Author Question: Hoover's most important institutional response to the Depression was the: A) Reconstruction ... (Read 31 times)

wenmo · **on:** Sep 21, 2019

Question 1

The Federal Reserve's tightening of credit and Congress' adoption of the Smoot-Hawley Tariff:

A) worsened the economic situation.
B) stabilized the economy.
C) raised farm incomes sharply.
D) freed up federal funds for relief programs.

Question 2

As the momentum of the crashing stock market picked up velocity in late October and November 1929, some grief-stricken stock brokers, high-rolling investors,

and even common middle-class investors threw themselves out of windows to commit suicide because of the financial losses and deep damage to their reputations.
Indicate whether this statement is true or false.

Question 3

President Hoover's plan for recovery focused on restoring the confidence of:

A) the consumer.
B) business.
C) local governments.
D) international markets.

Question 4

Hoover's most important institutional response to the Depression was the:

A) Reconstruction Finance Corporation.
B) Civilian Conservation Corporation.
C) National Labor Relations Act.
D) Federal Relief Act.