1. Chapter 4 Multiple Choice
1. In the Canadian economy, what determines levels of production and prices? a. government policies b. extensive market surveys c. supply and demand d. the behaviour of the American economy

2. Chapter 4 Multiple Choice
2. Stock sales technique which allowed investors to pay only about 10% of a stock’s value when purchasing. a. easy credit b. revolving credit c. buying on margin d. short buying

3. Chapter 4 Multiple Choice
3. During the 1920s, what was the major weakness of the Canadian economy? a. heavy dependence on the export of manufactured goods b. heavy dependence on the export of primary resources c. heavy dependence on supplies of imported foodstuffs d. heavy dependence on imported raw materials

4. Chapter 4 Multiple Choice
4. The Canadian economy in the 1920s was based on: a. the export of manufactured goods b. extensive service industries c. the export of resource products d. close ties with Britain

5. Chapter 4 Multiple Choice
5. By the end of the 1920s, Canadian wheat: a. was in great demand globally b. suffered from huge stockpiles of grain no one wanted c. enjoyed little international competition d. was priced sensibly

6. Chapter 4 Multiple Choice
6. Which of the following was a cause of the Depression? a. drought and crop failures b. collapse of the stock market c. overproduction d. all of the above

7. Chapter 4 Multiple Choice
7. Another cause of the Depression was growing levels of: a. nationalism b. isolationism c. imperialism d. protectionism

8. Chapter 4 Multiple Choice
8. One major reason Mackenzie King lost the election of 1930 was that he: a. refused to spend any public money on relief b. proposed nationalizing the banks c. His “5 cent” speech which refused to spend any public money in provinces with a Conservative government d. suggested that poor families should grow their own food

9. Chapter 4 Multiple Choice
9. Conservative Prime Minister of Canada between 1930 and 1935: a. Arthur Meighen b. Mackenzie King c. R.B. Bennett d. Wilfred Laurier

10. Chapter 4 Multiple Choice
10. Tariffs generally: a. allowed for expansion of international trade b. had been abolished by 1930 c. restricted international trade coming into Canada d. allowed Canadian goods to flood the American market

11. Chapter 4 Multiple Choice
11. During the Depression, women with jobs: a. were seen as supporting their families b. were seen as taking jobs from men who needed them c. were paid as much as men d. lost their jobs due to government legislation

12. Chapter 4 Multiple Choice
12. Which of the following groups were eligible for relief? a. single men b. single women c. men with families d. all who applied for it

13. Chapter 4 Multiple Choice
13. Most relief programs paid: a. less than was needed for a family to buy food b. an adequate amount for food c. enough for families to buy food and clothing d. a federal standard of food relief

14. Chapter 4 Multiple Choice
14. Which of the following is the correct sequence of the business cycle? a. prosperity - recession - recovery - depression b. prosperity - recovery - recession - depression c. prosperity - recession - depression - recovery d. recovery - depression - prosperity - recession

15. Chapter 4 Multiple Choice
15. In order to attack the Depression, R.B. Bennett promised to: a. abolish tariffs b. raise tariffs c. lower tariffs d. prohibit trade with Britain

16. Chapter 4 Multiple Choice
16. “Bennett buggies” were: a. an innovative low-cost automobile developed by the government b. a popular carriage in the 19th century c. cars pulled by horses d. the last Canadian-built and -designed automobile

17. Chapter 4 Multiple Choice
17. Which of the following did R.B. Bennett’s government not do during the Depression? a. spend $20 million on work creation projects b. raise tariffs to protect Canadian industries c. pass an comprehensive Unemployment Insurance Act in 1933 d. pass a Prairie Farm Rehabilitation Act in 1935

18. Chapter 4 Multiple Choice
18. In 1932, Franklin D. Roosevelt won the U.S. presidential election by proposing which of the following programs? a. The Sunny Way b. The New Way c. A New Deal d. The New Frontier

19. Chapter 4 Multiple Choice
19. In order to deal with large numbers of unemployed men, Bennett: a. conscripted them into the armed forces b. promised them jobs in the cities c. created a system of work camps in large cities d. created a system of work camps in remote areas

20. Chapter 4 Multiple Choice
20. Conditions at relief camps: a. improved slowly b. led to a rise in political protest c. were the subject of a Royal Commission inquiry in 1934 d. encouraged men to join the Army as an alternative

21. Chapter 4 Multiple Choice
21. During the 1930s, the Prairies were affected by: a. drought b. low wheat prices c. plagues of grasshoppers d. all of the above

22. Chapter 4 Multiple Choice
22. Region where personal income suffered the greatest decline: a. Ontario b. the Maritimes c. B.C. d. the Prairies

23. Chapter 4 Multiple Choice
23. The theory of social credit was that: a. banks needlessly hoarded money b. “free enterprise” was the ideal political system c. consumers were inefficient and wasteful d. the government should not get involved in the economy

24. Chapter 4 Multiple Choice
24. The Social Credit government of William Aberhart proposed: a. nationalizing all banks b. providing $25 per month to all citizens as a “basic dividend” c. raising the minimum wage d. separating from Canada

25. Chapter 4 Multiple Choice
25. Social credit originated in which province? a. Ontario b. B.C. c. Alberta d. Saskatchewan

26. Chapter 4 Multiple Choice
26. Which new Canadian political party published its platform (political ideas) in the ‘Regina Manifesto’? a. the CCF b. the Social Credit Party c. the Union Nationale d. the Reconstructionist Party

27. Chapter 4 Multiple Choice
27. Which of the following was not approved by B.C. Premier Dufferin Pattulo in his “Little New Deal”? a. increasing the minimum wage b. a “basic dividend” of $25 per month c. spending money on public works d. raising relief payments by 20%

28. Chapter 4 Multiple Choice
28. Location of a riot involving unemployed men and the RCMP in July, 1935: a. Vancouver b. Ottawa c. Toronto d. Regina

29. Chapter 4 Multiple Choice
29. The concept of equalization payments is: a. richer provinces should pay higher taxes b. use tax money of rich provinces to provide the same level of social services to all provinces c. the federal government should support poorer provinces d. none of these

30. Chapter 4 Multiple Choice
30. Which of the following ultimately ended the Depression? a. Liberal economic reforms in 1938 b. an economic union with the United States c. an Imperial economic union with Britain d. the outbreak of the Second World War