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Some questions about the great depression era?


I have some study questions for a test coming up, and im having a hard time finding these: (our teacher is telling us to find all the questions on the internet)

1. When the stock market crashed in 1929:
a. stock prices dropped sharply in late summer selling
b. stock bought on margin lost value, leaving investors unable to pay brokers.
c. brokers investments were secure
d only savings in banks were safe

2.the rural electricfication act of 1935 lent money to groups of farmers who
a. organized to build power plants
b. would not use electricity
c. let their land lie fallow
d. obtained electricity from utility companies

3. since local relief agencies couldn't meet the growing demand for public aid, Roosevelt asked congress to
a declare a bank holiday
b. appropriate 500 million to be distributed by the FERA
c. sponsor the NIRA
d. pass legislation creating the TVA

4. a major reason for the collapse of the US economy after 1929 was
a. an increased money supply
b. decreased farm production
c low tariffs at home and abroad
d. over production of consumer goods

Question 1 is B. Stocks were purchased on 10% margin and when the crash came brokers were stuck with the other 90%

For the other answers go to Wikipedia.

1. = a

2= d It should be done away with today.
It now is almost like a bank loaning money to big business for small interest. Interest we can't get.

3= d
4 not sure I understand, but I think its C.

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