Reading Challenge
Ch. 31 – The Response to the Economic Response/EQ: How did the federal government respond to the economic
collapse that began in 1929?
Reading Challenge
1.
What was the goal of the Bonus Army march on the capital? Accelerate long promised bonus to WWI veterans
2.
Why did so many men join the Bonus Army movement? They were unemployed and struggling
3.
Which of the following best describes the conservative political ideology? Seeks to preserve traditional
ideas/customs
4.
The repeating pattern in economic growth is often referred to as a business cycle.
5.
What did conservatives believe was the best economic approach in the Great Depression? Hands off – no govt
involvement – allow economy to stabilize on its own
Why did the Great Depression change popular opinions on government-funded public assistance? Length of GD
forced people to seek govt assistance
Which of the following best describes the liberal political ideology? Govt must help – expand individual/public
liberties
What did liberals believe was the best economic approach in the Great Depression? Govt should spend $ in
order to aid recovery
Government-funded construction projects are often called public works
6.
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10. Which of the following best describes the radical political ideology? Great sweeping changes to traditional
beliefs
11. What did communists believe was the best economic approach in the Great Depression? Get rid of market
economy – our capitalism economy is based on free enterprise and market economy – market decides what to
sell and how much
12. How did President Hoover initially react to the Great Depression? Conservative approach – most aid for needy
came from local/state govt
13. What did the popular term "Hooverville" represent? Shantytowns – poor run down neighborhoods on edge of
cities
14. What role did Hoover's Reconstruction Finance Corporation play in the recovery? Approved loans to banks/big
business
15. Liberals criticized Hoover for promoting what economic ideology? Trickle-down economics
16. How did Hoover react to the Bonus Army's arrival in Washington, D.C.? Forced removal by military troops
17. What did Hoover warn Americans about a potential Roosevelt presidency? Disaster – govt involvement would
stifle business
18. What did Roosevelt mean when he promised "a new deal with the American people"? Do whatever is
necessary to improve life – expand government
19. What was significant about Roosevelt's "First Hundred Days" as president? Record number of new laws
designed to aid American life.
20. What was the main goal of most relief measures during Roosevelt's presidency? Create jobs for unemployed
21. What was the name of Franklin Delano Roosevelt’s set of economic reforms? New Deal