42. ​Unit 8-6: Stock Market Cash (part 2) Question Preview (ID: 51362)


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Price does not always determine worth, supply and __________ drive prices.
a) Need
b) Demand
c) Cost
d) Investors

When demand decreases, price decreases or increases.
a) decreases
b) increases
c)
d)

Fractional banking, while not illegal, is very risky. This happens when banks loan out larger or smaller percentages of money than they have on hand or take in.
a) larger
b) smaller
c)
d)

When people are fearful, they tend to _________more money than they spend.
a) Donate
b) Save
c) Invest
d) Borrow

When less money is being spent in the economy on goods, fewer goods_________________.
a) Are produced
b) Cost
c) Are wanted
d) Are loaned

The Hawley-Smoot Tariff, or tax, was instituted. This increased tax on foreign goods.
a) True
b) False
c)
d)

The US Government believed the Great Depression was exacerbated by people buying goods from other countries.
a) True
b) False
c)
d)

The modern media, text book writers, and the modern government want you to believe President Hoover did not get involved in the _____________during his presidency.
a) Stock Market
b) Businesses
c) Economy
d) Increased taxes

With the election of President Roosevelt, more or fewer government programs were started. He believed in big government and wanted to have control over the economy
a) more
b) fewer
c)
d)

President Hoover was very conservative and believed churches and charities should help needy people, not the government.
a) True
b) False
c)
d)

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