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History 1302 Exam 2 - Blinn College Q&A 100% Pass

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History 1302 Exam 2 - Blinn College Q&A 100% Pass Dow Jones Industrial Average - an average of stock prices of major industries Black Tuesday - October 29th 1929, 16.4 million stock shares were sold Stock Market Crash - the biggest collapse in the stock market Business Cycle - a span in which the economy grows and then contracts Great Depression - most severe economic doenturn in the nations history, lasted from Which part of the business cycle did the great depression represent? - the trough, contraction What could cause a country's GNP to decrease? - a decrease in demand or wages How did the unstable economy im the 1920s contribute to the great depression? - the stock market crashed, a falling output for goods or services, HIGH UNEMPLOYMENT

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History 1302 Exam 2 - Blinn College Q&A
100% Pass

Dow Jones Industrial Average - ✔✔an average of stock prices of major

industries

Black Tuesday - ✔✔October 29th 1929, 16.4 million stock shares were sold

Stock Market Crash - ✔✔the biggest collapse in the stock market

Business Cycle - ✔✔a span in which the economy grows and then contracts

Great Depression - ✔✔most severe economic doenturn in the nations history,

lasted from 1929-1941

Which part of the business cycle did the great depression represent? - ✔✔the

trough, contraction

What could cause a country's GNP to decrease? - ✔✔a decrease in demand or

wages

How did the unstable economy im the 1920s contribute to the great

depression? - ✔✔the stock market crashed, a falling output for goods or

services, HIGH UNEMPLOYMENT




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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.

,How did the great depression have such a huge impact on the economies of

other countries? - ✔✔they were dependant on us for goods and we also didnt

have the money to buy theirs (we were #1 economic power)

Hooverville (Shantytowns) - ✔✔used to describe a makeshift homeless shelter

during the early years

Dust Bowl - ✔✔used to describe the central and southern Great Plains in the

1930s when the region sustained a period of drought and dust storms

Who lived in Hooverville's? - ✔✔homeless people who lost their jobs

What factors led to the creation of the dustbowl in the 1930s? - ✔✔The

depression, dust storms, farming practices, terrible weather, and low prices on

farm products, over intense farming, drought and wind erosion

What were some causes and effects of increased discrimination during the

Great Depression? - ✔✔1 suspicions of minorities 2 whites demanded lower

jobs because they could not get another good paying job 3 blacks had no rights

to jobs if whites were out of work 6 soup kitchens

What can you learn about the depression from Wilson Ledford's experiences? -

✔✔Times may be hard but you have to do what you can to provide for others as

well as yourself


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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.

,What were penny auctions? - ✔✔farmers would bid mere pennies on land and

machines auctioned by the banks in order to help their struggling neighbors

21st ammendment - ✔✔This Constitutional Amendment allowed individuals to

consume alcoholic beverages ending the 18th Amendment.

Why was there an interest among some Americans in radical and reform

movements? - ✔✔they promised a fair distribution of wealth

How did American involvement in these radical and reform movements differ

from the political movements occurring in some parts of Europe at the same

time? - ✔✔Europe socialist called for social and economic change rather than

revolution, they did better

Why was the 21st amendment passed? - ✔✔it ended a failed social experiment

and stopped a curve on gangsters who profited from bootlegging

Hawley-Smoot Tarriff - ✔✔highest import tax in history

Reconstruction Finance Corporation (RFC) - ✔✔gave government credit to a

number of institutions and banks to extend loans

Bonus Army - ✔✔world War I veterans in their families demanding immediate

payment of a pension bonus that had been promised for 1945 protest in 1932




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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.

, How did hoover hope to end the depression and its hardships? - ✔✔"confidence

is key" attitude towards economy

What was the intent of the Hawley-Smoot tarriff? - ✔✔at attempt to protect

domestic industries from foreign imports. backfired and slowed trade

What was the intent of the Reconstruction Finance Corporation? - ✔✔to help

big businesses in trouble and to help banks extend loans

Describe Franklin Delano Roosevelt's appeal to the American voter in 1932. -

✔✔optimism was something the country needed and he had it. he was for the

average people

Non-interventionsts - ✔✔people urging the nation to stay out of overseas

conflicts

Interventionists - ✔✔people advocating direct engagement in overseas conflicts

lessons from WW! - ✔✔1. 'Exhaust diplomacy before you use force'

2. War is always unpredictable

3. History should be remembered

How did Hitler rapidly conquer Western and Eastern Europe? - ✔✔French and

British had smaller armies due to WWI and were not ready to fight a war.

Smaller countries couldn't fight back.


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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.

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