Question

multiple choice 1 point
how will president roosevelt’s philosophy differ from herbert hoover’s?
roosevelt believed that in times of crisis, it was acceptable for the government to aid people directly
roosevelt believed in
ugged individualism.\
roosevelt thought too much communication from the president would hamper recovery.
roosevelt played on the public’s fears.

multiple choice 1 point
what does \buying on margin\ refer to in the context of the 1920s stock market?
paying for goods in full at the point of sale
purchasing goods using installment plans
selling stocks at a loss
buying stocks with borrowed money

Explanation:

First Question (How will President Roosevelt’s philosophy differ from Herbert Hoover’s?):

• Herbert Hoover believed in "rugged individualism" (limited government intervention), while Roosevelt's New Deal philosophy involved direct government aid during crises. The other options are incorrect: Roosevelt did not believe in "rugged individualism" (that was Hoover), he communicated often (Fireside Chats) to aid recovery, and he aimed to calm fears, not play on them.

• "Buying on margin" means using borrowed money (from a broker) to purchase stocks, with the stock as collateral. The other options are incorrect: paying in full is not margin, installment plans are for consumer goods (not stocks), and selling at a loss is a different concept (like a margin call or liquidation, not the act of buying on margin).

Answer:

A. Roosevelt believed that in times of crisis, it was acceptable for the government to aid people directly

Second Question (What does "buying on margin" refer to in the context of the 1920s stock market?):