Order the Reconstruction Finance Corporation
The main goal of the Bonus Army at the start of the Depression was to
(A) allow veterans to receive their promised army pensions early
(B) distribute food aid to the multitude of people suffering from
malnutrition
(C) protest the socialist undertones of the New Deal
(D) provide federal aid to farmers who had lost their farms
(E) support the Norris–La Guardia Anti-Injunction Act to protect unions
420. The main purpose of the Reconstruction Finance Corporation was to
(A) provide low-cost mortgages to homeowners facing foreclosure
(B) provide government credit to secure failing banks
(C) raise farm prices by encouraging farmers to reduce output
(D) provide work relief for the unemployed through public projects
(E) provide old-age pensions and unemployment benefits
421. How did Presidents Hoover and Roosevelt differ in their attempts to
respond to the Great Depression?
(A) While Hoover felt that aid should be supplied directly to the people,
Roosevelt felt that government should only try to stabilize the
corporations and banks.
(B) While Roosevelt felt that aid should be supplied directly to the
people, Hoover felt that government should only try to stabilize the
Order the Reconstruction Finance Corporation
corporations and banks.
(C) Hoover’s reforms focused on providing aid to farmers, while
Roosevelt focused on industrial workers.
(D) Hoover supported the nationalization of banks, while Roosevelt
called for the redistribution of wealth through taxation.
(E) Roosevelt believed that the Depression should be corrected by
voluntary self-regulation in business, while Hoover advocated heavy
government regulation.
422. What is the practice of buying on margin?
(A) Purchasing stocks without any prior knowledge of the company
(B) Using bank loans to purchase stocks
(C) Pooling money with a group of investors to buy stock
(D) Buying stocks when they are low and selling them when they are high
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