Vocabulary
What was the name for the stock market crash day in 1929?
Black Tuesday
What does “buying on margin” mean?
Buying stocks with borrowed money
What severe weather brought dust storms to farms?
Drought and strong winds
Which agency insured money deposited in U.S. banks?
FDIC
What were Roosevelt’s radio talks called?
Fireside Chats
What was the name of Roosevelt’s plan to respond to the Depression?
The New Deal
Name one cause of the stock market crash listed in the notebook.
Buying on margin, overproduction, or laissez-faire government policies
Name one region affected by the Dust Bowl.
The Midwest, Central Plains, or Great Plains
Which agency created public works jobs, such as building roads?
WPA
What were the three goals called “the Three R’s”?
Relief, Reform, Recovery
What was a “Hooverville”?
Makeshift communities where homeless people lived
How could overproduction hurt businesses and workers?
Unsold goods could lead businesses to cut production, jobs, or wages
What happened to many families affected by dust storms?
They lost farms, homes, or jobs
Which agency provided jobs related to conserving natural resources?
CCC
What was one purpose of a bank holiday?
To help prevent bank failures
What was the Hawley-Smoot Tariff?
A law that made imported goods more expensive
How might a Laissez-Faire approach affect the economy during a crisis?
Limited action could allow economic problems to grow
Give one reason dust storms became so severe.
Drought and damaged farmland contributed to the severe storms
Which agency supported farmers by paying them to reduce production?
AAA
How could Fireside Chats help Roosevelt communicate with Americans?
They let him explain issues and plans directly to listeners
What is Social Security, according to the notebook’s vocabulary list?
Provides financial benefits for retirees and unemployed people
Explain how buying stocks with borrowed money could worsen a market crash.
If stock prices fell, investors could lose money and still owe what they borrowed.
Why did many people leave their homes during the Dust Bowl?
Dust storms and damaged farms made it difficult to earn a living.
Which agency helped develop the Tennessee Valley with flood control and electricity?
TVA
What is one difference between relief and recovery in the New Deal?
Relief addressed immediate needs, while recovery aimed to help the economy improve.