Applied English for American History II
Fall 1999
Tokyo International University of America
J. E. Seibert

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Quiz on vocabulary and key concepts from Professor Jopp's November 9 lecture (11/12/99)

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Family name _____________________ First name _____________

Complete these sentences with the best choice from the words and expressions below. Use a capital if a word is the first in a sentence. There will be one word left over.

1. The period of severe economic decline during the 1930's in the United States is know as ___________________________________ .

2. ___________________________________ is a mental or emotional condition in which life holds little joy and a person may not be able to sleep, eat properly or concentrate.

3. A period characterized by decreasing business activity, falling prices, and unemployment is ___________________________________ .

4. ___________________________________ was common before the depression: people bought things such as cars, clothing and jewelry just to show how much money they had.

5. The paper value of stocks during the depression was far less than than their ___________________________________.

6. Another way to say "basic problems" is ___________________________________ .

7. In a period of prosperity, families have enough ___________________________________ for items besides clothing, food and housing.

8. President Roosevelt was and still is known as ___________________________________ .

8. President Hoover kept telling people in the United States that prosperity was coming soon, that it was "___________________________________ ".

10. ___________________________________ farm land that someone else owns in return for a share of the products that are grown on the farm.

11. and 12. ___________________________________ was ___________________________________ programs passed by congress under President Roosevelt to restore the confidence and the economy of the country: to reduce unemployment, to reopen businesses and to cut agricultural production

Write the letters of the statements below under the topic to which they belong

1. Government projects created jobs
2. Industries closed
3. Industry was expanding: more factories were manufacturing more things; the economy was becoming more and more productive
4. There were more wealthy people, including more millionaires, than ever before; more and more people were buying expensive, luxury products
5. The "New Deal" was passed by congress under Roosevelt
6. The gap between the rich and the poor was increasing
7. "Sick" industries (unstable industries with a small profit margin) collapsed
8. The value of stocks began to exceed actual industrial production and worth; stocks were worth more on paper than the amount of money that actually existed or the amount that something was really worth (people would pay a lot for stock believing it would be worth a lot in the future)
9. People were buying things they couldn't afford; they used credit
10. People lost the money they had saved
11. The value of stocks fell
12. The stock market was rising in value and importance; more people were buying stocks
13. Banks closed
14. People lost their jobs
15. There was very little government regulation of financial institutions and of labor
16. President Hoover thought the economy would correct itself; he thought if we waited everything would be better
17. President Roosevelt thought that government could and should help stabilize the economy and help people
18. Consumption was increasing; people bought more things than ever before
19. The Agricultural Adjustment Act reduced farm production so that the prices of products would rise
20. Wages and salaries were increasing for many Americans

Signs of prosperity in the 1920's

1. ____
2. ____
3. ____
4. ____
5. ____

Underlying problems in the 1920's

1. ____
2. ____
3. ____
4. ____
5. ____

The stock market crash and the depression

1. ____
2. ____
3. ____
4. ____
5. ____

Responses to the depression

1. ____
2. ____
3. ____
4. ____
5. ____