Hist 106 Exam 3 Tamu Dr. Stranges
Test Questions All Answered Correct
2025-2026 Updated.
Fraud, stocks were overpriced, credit was too easy - Answer What caused the stock market
to crash?
The stock market crash, imbalance in foreign trade,
no money in circulation,
average income $2300 a year,
people weren't earning enough to survive,
all sources of income were cut off or on short supply - Answer What caused the depression?
Herbert Hoover - Answer too little too late, committed to laissez faire economy, not
committed to any government activism
Roosevelt - Answer What president was associated with the New Deal?
Roosevelt - Answer Committed to government looking out for the welfare of the people.
He believed in active government.
John Maynard Keynes - Answer Who proposed the New Deal?
the financial, industrial, agriculture - Answer What three types of programs does Roosevelt
propose?
Glass Steagall Acts - Answer separates commercial from investment banking,
banks can't take your money and play with it or put in their crazy schemes, protects the people,
where the Federal Deposit Insurance Company comes in (FDIC)
PWA (Public Works Administration) - Answer government puts up money for these jobs—
repairing roads, bridges, included work on Hoover Dam (Keynes economics)
, government would purchase excess production from the farmers, paid for farmers to slaughter
livestock, plow their crops in order to increase farm prices, prices hadn't recovered since WW1
(slowest to recover)
Glass Steagall Acts - Answer What was Roosevelt's finance program?
PWA (Public Works Administration) - Answer What was Roosevelt's manufacturing program?
Agricultural Adjustment Act - Answer What was Roosevelt's agriculture act?
Huey Long - Answer Governor and democratic senator from Louisiana,
Share our Wealth program,
Would tax away incomes over $1 mil, inheritances over $5 mil, and guarantee everyone a $5000
homestead and an annual $2500 allowance,
Was assassinated by Carl Weiss
Francis Townsend - Answer Long Beach, California physician
Proposed Townsend Plan in 1935
Claimed 5 mil supporters
Proposed Townsend Plan in 1935 - Answer Provide old age payments of $200 a month to
everyone over 60,
Recipients had to spend the money within 30 days
Charles Coughlin - Answer Called for nationalizing the banks and putting more money into
circulation
Reason for opposition to Roosevelt - Answer people saw him as power hungry, a socialist
a traitor to his class
Democratic party was split
Maine and New Hampshire - Answer What two states did Roosevelt lose in his second
election?
Test Questions All Answered Correct
2025-2026 Updated.
Fraud, stocks were overpriced, credit was too easy - Answer What caused the stock market
to crash?
The stock market crash, imbalance in foreign trade,
no money in circulation,
average income $2300 a year,
people weren't earning enough to survive,
all sources of income were cut off or on short supply - Answer What caused the depression?
Herbert Hoover - Answer too little too late, committed to laissez faire economy, not
committed to any government activism
Roosevelt - Answer What president was associated with the New Deal?
Roosevelt - Answer Committed to government looking out for the welfare of the people.
He believed in active government.
John Maynard Keynes - Answer Who proposed the New Deal?
the financial, industrial, agriculture - Answer What three types of programs does Roosevelt
propose?
Glass Steagall Acts - Answer separates commercial from investment banking,
banks can't take your money and play with it or put in their crazy schemes, protects the people,
where the Federal Deposit Insurance Company comes in (FDIC)
PWA (Public Works Administration) - Answer government puts up money for these jobs—
repairing roads, bridges, included work on Hoover Dam (Keynes economics)
, government would purchase excess production from the farmers, paid for farmers to slaughter
livestock, plow their crops in order to increase farm prices, prices hadn't recovered since WW1
(slowest to recover)
Glass Steagall Acts - Answer What was Roosevelt's finance program?
PWA (Public Works Administration) - Answer What was Roosevelt's manufacturing program?
Agricultural Adjustment Act - Answer What was Roosevelt's agriculture act?
Huey Long - Answer Governor and democratic senator from Louisiana,
Share our Wealth program,
Would tax away incomes over $1 mil, inheritances over $5 mil, and guarantee everyone a $5000
homestead and an annual $2500 allowance,
Was assassinated by Carl Weiss
Francis Townsend - Answer Long Beach, California physician
Proposed Townsend Plan in 1935
Claimed 5 mil supporters
Proposed Townsend Plan in 1935 - Answer Provide old age payments of $200 a month to
everyone over 60,
Recipients had to spend the money within 30 days
Charles Coughlin - Answer Called for nationalizing the banks and putting more money into
circulation
Reason for opposition to Roosevelt - Answer people saw him as power hungry, a socialist
a traitor to his class
Democratic party was split
Maine and New Hampshire - Answer What two states did Roosevelt lose in his second
election?
