// question: 0 name: Switch category to $course$/Chapter Quizzes/Ch25
$CATEGORY: $course$/Chapter Quizzes/Ch25
// question: 6975291 name: All of the following are reasons why the Great Depression occurred except
::All of the following are reasons why the Great Depression occurred except::[html]All of the following are reasons why the Great Depression occurred except{
~the stock market crashed.#Incorrect
=there was too much government spending for poor workers.#Correct
~there was poor decision making by the Federal Reserve.#Incorrect
~there was an ill-advised tariff that took effect in 1930.#Incorrect
~wealth and income were unequally distributed.#Incorrect
}
// question: 6975320 name: Between 1918 and 1929
::Between 1918 and 1929::[html]Between 1918 and 1929{
=the share of national income that went to the wealthiest Americans rose, while the share that went the poorest fell.#Correct
~the share of national income that went to the poorest Americans rose, while the share that went to the wealthy fell.#Incorrect
~the wealthy spent a higher portion of their income on consumption than wage earners did.#Incorrect
~income distribution did not have a significant effect on the economy.#Incorrect
~government policy ensured an equitable distribution of income.#Incorrect
}
// question: 6975318 name: Buying on "margin" meant that
::Buying on "margin" meant that::[html]Buying on "margin" meant that{
=stocks could be purchased by paying a percent of the price and borrowing the rest.#Correct
~consumer products could be purchased and paid for on the installment plan.#Incorrect
~European nations could borrow needed capital from U.S. banks so that their citizens could buy U.S. products.#Incorrect
~the government could use deficit spending to solve the problems of the depression.#Incorrect
~farmers could use government loans to finance enterprises.#Incorrect
}
// question: 6975324 name: Eleanor Roosevelt was
::Eleanor Roosevelt was::[html]Eleanor Roosevelt was{
~an opponent of civil rights.#Incorrect
~a first lady who played no active role in Washington politics.#Incorrect
~estranged from her husband, President Roosevelt.#Incorrect
=an active political partner of her husband and a key proponent of New Deal liberalism.#Correct
~always in agreement with her husband, Franklin Roosevelt.#Incorrect
}
// question: 6975315 name: Franklin Roosevelt considered the most important legislation of his Hundred ...
::Franklin Roosevelt considered the most important legislation of his Hundred ...::[html]Franklin Roosevelt considered the most important legislation of his Hundred Days to be the{
~Emergency Banking Act and the Economy Act.#Incorrect
=Agricultural Adjustment Act and the National Industrial Recovery Act.#Correct
~Securities Exchange Act.#Incorrect
~Tennessee Valley Authority Act.#Incorrect
~Social Security Act.#Incorrect
}
// question: 6975290 name: From 1929 to 1932, industrial production fell by
::From 1929 to 1932, industrial production fell by::[html]From 1929 to 1932, industrial production fell by{
~10 percent.#Incorrect
~25 percent.#Incorrect
=50 percent.#Correct
~75 percent.#Incorrect
~90 percent.#Incorrect
}
// question: 6975323 name: Harry Hopkins's appointment as head of the Federal Emergency Relief ...
::Harry Hopkins's appointment as head of the Federal Emergency Relief ...::[html]Harry Hopkins's appointment as head of the Federal Emergency Relief Administration in 1933 is noteworthy because{
~he was the oldest member of the cabinet.#Incorrect
=he dispensed $2 million in his first few hours on the job.#Correct
~he had previously been head of Ford Motor Company.#Incorrect
~he had been Herbert Hoover's running mate, against Roosevelt.#Incorrect
~None of these choices.#Incorrect
}
// question: 6975308 name: In 1932, the so-called Bonus Army
::In 1932, the so-called Bonus Army::[html]In 1932, the so-called Bonus Army{
~campaigned for the reelection of Herbert Hoover.#Incorrect
~rioted and threatened to attack the White House.#Incorrect
=petitioned Congress for early payment of their World War I veteran benefits.#Correct
~was recommissioned as a special unit\: the U.S. Army.#Incorrect
~failed to make any impact on public opinion.#Incorrect
}
// question: 6975297 name: Known as the "radio priest," Father Coughlin was also
::Known as the "radio priest," Father Coughlin was also::[html]Known as the "radio priest," Father Coughlin was also{
~A critic of the New Deal.#Incorrect
~Founder of the National Union of Social Justice.#Incorrect
~An advocate of strong government.#Incorrect
~increasingly anti-Semitic in his radio shows.#Incorrect
=All of these choices#Correct
}
// question: 6975316 name: Most popular critics of the New Deal focused on
::Most popular critics of the New Deal focused on::[html]Most popular critics of the New Deal focused on{
=the lack of support for ordinary people.#Correct
~the discrimination of minorities.#Incorrect
~the plight of Native Americans.#Incorrect
~the socialist nature of the programs.#Incorrect
~the rise in income taxes for the wealthy.#Incorrect
}
// question: 6975312 name: Of the following groups, which benefited the least from New Deal policies?
::Of the following groups, which benefited the least from New Deal policies?::[html]Of the following groups, which benefited the least from New Deal policies?{
~middle-class consumers#Incorrect
~European ethnics#Incorrect
~northern factory workers#Incorrect
=southern industrial workers and farm laborers#Correct
~the elderly#Incorrect
}
// question: 6975299 name: One of the major demands of women reformers during the New Deal years was for
::One of the major demands of women reformers during the New Deal years was for::[html]One of the major demands of women reformers during the New Deal years was for{
~equal rights.#Incorrect
~equal pay.#Incorrect
="protective legislation."#Correct
~greater sexual freedom.#Incorrect
~the right to vote.#Incorrect
}
// question: 6975303 name: Popular novels celebrated all of the following except
::Popular novels celebrated all of the following except::[html]Popular novels celebrated all of the following except{
~honesty.#Incorrect
=wealth.#Correct
~decency.#Incorrect
~small town values.#Incorrect
~patriotism.#Incorrect
}
// question: 6975325 name: The "fireside chats" were
::The "fireside chats" were::[html]The "fireside chats" were{
~discussions concerning New Deal policy held among President Roosevelt's cabinet.#Incorrect
~Eleanor Roosevelt's newspaper columns.#Incorrect
~press conferences held on a regular basis by President Roosevelt.#Incorrect
~Huey Long's speeches in support of his "Share the Wealth" program.#Incorrect
=President Roosevelt's radio addresses that directly engaged the American public.#Correct
}
// question: 6975314 name: The 1936 presidential election is especially significant because
::The 1936 presidential election is especially significant because::[html]The 1936 presidential election is especially significant because{
=Democrats became known as the party of the "forgotten American."#Correct
~Black voters abandoned their long-time allegiance to the Republican Party.#Incorrect
~large numbers of pro-New Deal voters came out to ensure Roosevelt's re-election.#Incorrect
~Roosevelt won his third term in office.#Incorrect
~All of these choices.#Incorrect
}
// question: 6975313 name: The benefits of the dams that were constructed via New Deal policies
::The benefits of the dams that were constructed via New Deal policies::[html]The benefits of the dams that were constructed via New Deal policies{
~were fully felt immediately #Incorrect
=helped spur the growth of the Tennessee Valley Authority.#Correct
~went primarily to aid poor farmers and ranchers.#Incorrect
~bypassed corporate and private entrepreneurial interests for decades.#Incorrect
~All of these choices.#Incorrect
}
// question: 6975304 name: The black opera singer who sang on the steps of the Lincoln Memorial in 1939 ...
::The black opera singer who sang on the steps of the Lincoln Memorial in 1939 ...::[html]The black opera singer who sang on the steps of the Lincoln Memorial in 1939 in a symbolic concert against racism was{
=Marian Anderson.#Correct
~Kathleen Battle.#Incorrect
~Beverly Sills.#Incorrect
~Jessye Norman.#Incorrect
~Ella Fitzgerald.#Incorrect
}
// question: 6975293 name: The commanding military officer who attacked the bonus marchers in Washington...
::The commanding military officer who attacked the bonus marchers in Washington...::[html]The commanding military officer who attacked the bonus marchers in Washington was{
~Dwight D. Eisenhower.#Incorrect
~John G. Pershing.#Incorrect
=Douglas Mac Arthur.#Correct
~William Westmoreland.#Incorrect
~William Grant#Incorrect
}
// question: 6975322 name: The deepening inequality of income in the 1920s contributed to the Great ...
::The deepening inequality of income in the 1920s contributed to the Great ...::[html]The deepening inequality of income in the 1920s contributed to the Great Depression because{
=the rich spent a smaller proportion of their incomes on consumption than wage earners did.#Correct
~the working class spent far less than the wealthy on consumer goods.#Incorrect
~reduced tax rates meant the government had a smaller budget with which to invest in economic recovery.#Incorrect
~the wealthy paid extremely high taxes, which hindered spending.#Incorrect
~None of these choices.#Incorrect
}
// question: 6975317 name: The Emergency Banking Act and the Economy Act were
::The Emergency Banking Act and the Economy Act were::[html]The Emergency Banking Act and the Economy Act were{
~radical measures that Herbert Hoover would never have supported.#Incorrect
~irresponsible and dangerous measures.#Incorrect
~total and complete failures.#Incorrect
=fiscally conservative measures.#Correct
~vetoed by Roosevelt.#Incorrect
}
// question: 6975305 name: The Federal Reserve board intensified the severity of the stock market crash by
::The Federal Reserve board intensified the severity of the stock market crash by::[html]The Federal Reserve board intensified the severity of the stock market crash by{
~ignoring the crisis.#Incorrect
~borrowing heavily from European banks.#Incorrect
~inflating the currency and making credit more available.#Incorrect
~prohibiting banks from participating in stock purchases.#Incorrect
=raising interest rates and reducing the amount of money in circulation#Correct
}
// question: 6975295 name: The government program that employed some two million young men planting ...
::The government program that employed some two million young men planting ...::[html]The government program that employed some two million young men planting trees and improving the environment in 1933 was the{
~Public Works Administration.#Incorrect
=Civilian Conservation Corps.#Correct
~Works Progress Administration.#Incorrect
~Tennessee Valley Authority.#Incorrect
~Social Security Administration#Incorrect
}
// question: 6975319 name: The Hawley-Smoot Tariff Act of 1930
::The Hawley-Smoot Tariff Act of 1930::[html]The Hawley-Smoot Tariff Act of 1930{
~lowered U.S. tariff rates to provide markets for European goods.#Incorrect
~raised tariff rates and contributed positively to economic recovery worldwide.#Incorrect
~encouraged European nations to lower their tariff rates to enable U.S. companies to sell their goods abroad.#Incorrect
~did not pass.#Incorrect
=raised U.S. tariff rates, causing European nations to raise their rates and thus weaken international trade.#Correct
}
// question: 6975298 name: The largest and most violent strike of the 1930s occurred among ____ workers.
::The largest and most violent strike of the 1930s occurred among ____ workers.::[html]The largest and most violent strike of the 1930s occurred among ____ workers.{
~farm#Incorrect
~electrical#Incorrect
~auto#Incorrect
=textile#Correct
~coal#Incorrect
}
// question: 6975309 name: The Neal Deal program closest to socialism was which of the following?
::The Neal Deal program closest to socialism was which of the following?::[html]The Neal Deal program closest to socialism was which of the following?{
~CCC#Incorrect
=TVA#Correct
~AAA#Incorrect
~NRA#Incorrect
~WPA#Incorrect
}
// question: 6975310 name: The people who organized and directed the New Deal programs were mostly
::The people who organized and directed the New Deal programs were mostly::[html]The people who organized and directed the New Deal programs were mostly{
=well-educated, male, technocrats.#Correct
~members of ethnic and religious minority groups.#Incorrect
~working-class urbanites with little or no advanced education.#Incorrect
~university professors eager to put their theories into action.#Incorrect
~immigrants who brought radical ideas from abroad.#Incorrect
}
// question: 6975311 name: The popularity of the Superman comics reflected
::The popularity of the Superman comics reflected::[html]The popularity of the Superman comics reflected{
~public acceptance of the role of aggressive working women in U.S. society.#Incorrect
~the growth of the new sport of body building.#Incorrect
~anxiety over the threat of foreign invasion.#Incorrect
~a decline in public intelligence and reading skills.#Incorrect
=working-class male anxiety over threats posed by insensitive employers.#Correct
}
// question: 6975321 name: The Reconstruction Finance Corporation created in 1932
::The Reconstruction Finance Corporation created in 1932::[html]The Reconstruction Finance Corporation created in 1932{
~offered relief payments to the unemployed.#Incorrect
~gave significant relief to American farmers.#Incorrect
=offered government loans to banks and corporations.#Correct
~offered low interest loans to home buyers.#Incorrect
~was later abolished by the Roosevelt administration.#Incorrect
}
// question: 6975294 name: The reform movement spearheaded by Roosevelt, known as liberalism, can best ...
::The reform movement spearheaded by Roosevelt, known as liberalism, can best ...::[html]The reform movement spearheaded by Roosevelt, known as liberalism, can best be described as{
~unlimited government spending and restrictive social policies.#Incorrect
=interventionist in economic matters and libertarian on questions of personal behavior.#Correct
~promoting free enterprise in economic matters but social regulation of personal behavior.#Incorrect
~limited government spending and no stance on personal liberties.#Incorrect
~expanding government ownership of businesses and government regulation of personal behavior.#Incorrect
}
// question: 6975306 name: The region that benefited most from the New Deal was
::The region that benefited most from the New Deal was::[html]The region that benefited most from the New Deal was{
~the Northeast.#Incorrect
~the Mid-Atlantic.#Incorrect
~the Southwest.#Incorrect
~the Southeast.#Incorrect
=the West.#Correct
}
// question: 6975292 name: The twentieth-century president who best represented the "self-made" man was
::The twentieth-century president who best represented the "self-made" man was::[html]The twentieth-century president who best represented the "self-made" man was{
~Woodrow Wilson.#Incorrect
=Herbert Hoover.#Correct
~Franklin D. Roosevelt.#Incorrect
~Warren Harding.#Incorrect
~Teddy Roosevelt.#Incorrect
}
// question: 6975302 name: The union formed to organize the millions of nonunion employees into ...
::The union formed to organize the millions of nonunion employees into ...::[html]The union formed to organize the millions of nonunion employees into effective workers was the{
~Knights of Labor.#Incorrect
~American Federation of Labor.#Incorrect
~"wobblies."#Incorrect
~National Labor Union.#Incorrect
=Congress of Industrial Organization.#Correct
}
// question: 6975300 name: The women's movement during the Great Depression
::The women's movement during the Great Depression::[html]The women's movement during the Great Depression{
~gained momentum.#Incorrect
=declined as a result of male hostility during the depression.#Correct
~took on new issues of sexual freedom.#Incorrect
~put forward issues of equality more frequently.#Incorrect
~saw more success.#Incorrect
}
// question: 6975307 name: What was Herbert Hoover's position on the question of relief?
::What was Herbert Hoover's position on the question of relief?::[html]What was Herbert Hoover's position on the question of relief?{
~it was the responsibility of the federal government to provide economic security for U.S. citizens.#Incorrect
~a military draft could provide work for the unemployed.#Incorrect
=it would destroy their desire to work and undermine their self-worth. #Correct
~all homeless immigrants should be deported.#Incorrect
~only the urban unemployed should receive relief.#Incorrect
}
// question: 6975301 name: What was the term for makeshift towns built around the United States during ...
::What was the term for makeshift towns built around the United States during ...::[html]What was the term for makeshift towns built around the United States during the Depression as shelters for the homeless? {
~"Shantytowns."#Incorrect
="Hoovervilles."#Correct
~"Cardboard villages."#Incorrect
~"Hobovilles."#Incorrect
~"Roosevelt villages."#Incorrect
}
// question: 6975296 name: Which of the following was not a goal of the National Industrial Recovery Act?
::Which of the following was not a goal of the National Industrial Recovery Act?::[html]Which of the following was not a goal of the National Industrial Recovery Act?{
~setting a standard of minimum wages#Incorrect
~setting a standard of maximum hours#Incorrect
=regulating corporations on what they could produce#Correct
~reducing the quantity of goods any business could produce#Incorrect
~drawing up codes of fair competition#Incorrect
}
// question: 6975334 name: As first lady, Eleanor Roosevelt was shy, inarticulate, passive, and awkward.
::As first lady, Eleanor Roosevelt was shy, inarticulate, passive, and awkward.::[html]As first lady, Eleanor Roosevelt was shy, inarticulate, passive, and awkward.{FALSE}
// question: 6975337 name: Bureau of Indian Affairs Commissioner John Collier ran into significant ...
::Bureau of Indian Affairs Commissioner John Collier ran into significant ...::[html]Bureau of Indian Affairs Commissioner John Collier ran into significant opposition in trying to protect Native American identity.{TRUE}
// question: 6975343 name: Eleanor Roosevelt was an outspoken supporter of African Americans.
::Eleanor Roosevelt was an outspoken supporter of African Americans.::[html]Eleanor Roosevelt was an outspoken supporter of African Americans.{TRUE}
// question: 6975336 name: For the farmers of the Great Plains, the New Deal programs offered little, as...
::For the farmers of the Great Plains, the New Deal programs offered little, as...::[html]For the farmers of the Great Plains, the New Deal programs offered little, as their major problem was ecological.{TRUE}
// question: 6975357 name: Franklin D. Roosevelt saw the Second New Deal as a program to limit the power...
::Franklin D. Roosevelt saw the Second New Deal as a program to limit the power...::[html]Franklin D. Roosevelt saw the Second New Deal as a program to limit the power and privilege of the wealthy few.{TRUE}
// question: 6975333 name: Franklin D. Roosevelt was the only person to serve more than two terms as ...
::Franklin D. Roosevelt was the only person to serve more than two terms as ...::[html]Franklin D. Roosevelt was the only person to serve more than two terms as president of the United States.{TRUE}
// question: 6975342 name: Franklin Roosevelt consistently backed legislation to make lynching a federal...
::Franklin Roosevelt consistently backed legislation to make lynching a federal...::[html]Franklin Roosevelt consistently backed legislation to make lynching a federal crime.{FALSE}
// question: 6975328 name: Herbert Hoover was anxious to engage the government in providing relief to ...
::Herbert Hoover was anxious to engage the government in providing relief to ...::[html]Herbert Hoover was anxious to engage the government in providing relief to the poor.{FALSE}
// question: 6975338 name: In the court-packing plan, FDR asked Congress to authorize an increase in the...
::In the court-packing plan, FDR asked Congress to authorize an increase in the...::[html]In the court-packing plan, FDR asked Congress to authorize an increase in the number of Supreme Court justices.{TRUE}
// question: 6975352 name: Jewish and Catholic Americans voted for Franklin Roosevelt in large numbers.
::Jewish and Catholic Americans voted for Franklin Roosevelt in large numbers.::[html]Jewish and Catholic Americans voted for Franklin Roosevelt in large numbers.{TRUE}
// question: 6975353 name: Most employers observed the NRA's wage and hour guidelines.
::Most employers observed the NRA's wage and hour guidelines.::[html]Most employers observed the NRA's wage and hour guidelines.{FALSE}
// question: 6975330 name: Most worker demands in the early 1930s were very radical.
::Most worker demands in the early 1930s were very radical.::[html]Most worker demands in the early 1930s were very radical.{FALSE}
// question: 6975332 name: One of President Roosevelt's first acts in office was to close all of the ...
::One of President Roosevelt's first acts in office was to close all of the ...::[html]One of President Roosevelt's first acts in office was to close all of the nation's banks.{TRUE}
// question: 6975360 name: President Hoover's administration established the Federal Deposit Insurance ...
::President Hoover's administration established the Federal Deposit Insurance ...::[html]President Hoover's administration established the Federal Deposit Insurance Corporation.{FALSE}
// question: 6975351 name: Radical critics of the New Deal were silenced after 1934.
::Radical critics of the New Deal were silenced after 1934.::[html]Radical critics of the New Deal were silenced after 1934.{FALSE}
// question: 6975359 name: Roosevelt often did not support the efforts of his Black Cabinet for fear of ...
::Roosevelt often did not support the efforts of his Black Cabinet for fear of ...::[html]Roosevelt often did not support the efforts of his Black Cabinet for fear of alienating southern political leaders.\n{TRUE}
// question: 6975335 name: The AAA focused specifically of the plight of sharecroppers.
::The AAA focused specifically of the plight of sharecroppers.::[html]The AAA focused specifically of the plight of sharecroppers.{FALSE}
// question: 6975344 name: The Emergency Banking Act and Economy Act were originally proposed by Herbert...
::The Emergency Banking Act and Economy Act were originally proposed by Herbert...::[html]The Emergency Banking Act and Economy Act were originally proposed by Herbert Hoover.{TRUE}
// question: 6975327 name: The first response of President Herbert Hoover to the Depression was to ...
::The first response of President Herbert Hoover to the Depression was to ...::[html]The first response of President Herbert Hoover to the Depression was to establish "associations" of business leaders and farmers that would regulate their own industries.{TRUE}
// question: 6975348 name: The greatest construction project of the Bureau of Reclamation was the Grand ...
::The greatest construction project of the Bureau of Reclamation was the Grand ...::[html]The greatest construction project of the Bureau of Reclamation was the Grand Coulee Dam.{TRUE}
// question: 6975341 name: The Hawley-Smoot Tariff affected only manufactured products.
::The Hawley-Smoot Tariff affected only manufactured products.::[html]The Hawley-Smoot Tariff affected only manufactured products.{FALSE}
// question: 6975349 name: The message of New Deal critics such as Huey Long and his Share the Wealth ...
::The message of New Deal critics such as Huey Long and his Share the Wealth ...::[html]The message of New Deal critics such as Huey Long and his Share the Wealth Club appealed exclusively to the middle class.{FALSE}
// question: 6975350 name: The midterm elections of 1934 resulted in stronger Democratic control over ...
::The midterm elections of 1934 resulted in stronger Democratic control over ...::[html]The midterm elections of 1934 resulted in stronger Democratic control over both houses of Congress.{TRUE}
// question: 6975355 name: The National Recovery Administration had the power to force adherence to its ...
::The National Recovery Administration had the power to force adherence to its ...::[html]The National Recovery Administration had the power to force adherence to its codes.{FALSE}
// question: 6975347 name: The New Deal did more to reproduce patterns of racial discrimination than to ...
::The New Deal did more to reproduce patterns of racial discrimination than to ...::[html]The New Deal did more to reproduce patterns of racial discrimination than to advance the cause of racial equality.{TRUE}
// question: 6975329 name: The New Deal policy toward Indians could be described best as promoting ...
::The New Deal policy toward Indians could be described best as promoting ...::[html]The New Deal policy toward Indians could be described best as promoting assimilation.{FALSE}
// question: 6975339 name: The New Deal restored prosperity to America.
::The New Deal restored prosperity to America.::[html]The New Deal restored prosperity to America.{FALSE}
// question: 6975340 name: The New Deal supported the idea of the federal government as a substitute for...
::The New Deal supported the idea of the federal government as a substitute for...::[html]The New Deal supported the idea of the federal government as a substitute for private enterprise.\n{FALSE}
// question: 6975358 name: The real motive behind Roosevelt's court-packing scheme was to replace old ...
::The real motive behind Roosevelt's court-packing scheme was to replace old ...::[html]The real motive behind Roosevelt's court-packing scheme was to replace old and feeble judges on the court.\n{FALSE}
// question: 6975346 name: The Roosevelt administration tried to reinstate the National Recovery ...
::The Roosevelt administration tried to reinstate the National Recovery ...::[html]The Roosevelt administration tried to reinstate the National Recovery Administration after the Supreme Court declared its codes unconstitutional.{FALSE}
// question: 6975331 name: The Social Security system excluded many of the female-dominated occupations ...
::The Social Security system excluded many of the female-dominated occupations ...::[html]The Social Security system excluded many of the female-dominated occupations from coverage.{TRUE}
// question: 6975345 name: The Supreme Court upheld the constitutionality of the AAA.
::The Supreme Court upheld the constitutionality of the AAA.::[html]The Supreme Court upheld the constitutionality of the AAA.{FALSE}
// question: 6975354 name: There were 2,000 labor strikes in 1934.
::There were 2,000 labor strikes in 1934.::[html]There were 2,000 labor strikes in 1934.{TRUE}
// question: 6975361 name: Under Roosevelt's New Deal homeowners were offered loans to refinance home ...
::Under Roosevelt's New Deal homeowners were offered loans to refinance home ...::[html]Under Roosevelt's New Deal homeowners were offered loans to refinance home mortgages.{TRUE}
// question: 6975356 name: Waiting for Lefty, Broadway's most popular play of 1935, was a raw drama ...
::Waiting for Lefty, Broadway's most popular play of 1935, was a raw drama ...::[html]Waiting for Lefty, Broadway's most popular play of 1935, was a raw drama about unionization efforts among taxi drivers.{TRUE}
// question: 6975326 name: What the economy needed in 1931 was an expanded money supply, lower interest ...
::What the economy needed in 1931 was an expanded money supply, lower interest ...::[html]What the economy needed in 1931 was an expanded money supply, lower interest rates, and easier credit.{TRUE}