THE 1920s
The decade before the Great Depression, known for economic boom and good times.
The Roaring Twenties
The date of the stock market crash — October 29, 1929.
What is Black Tuesday?
This president was in office when the Great Depression began.
Who is Herbert Hoover?
FDR's set of programs created in 1933 to help America recover.
What is the New Deal?
Buying something now and paying a little each month.
What is a payment plan?
The 1920 law that made alcohol illegal across the United States.
What was Prohibition?
When panicked customers all rush to pull their money out of a bank at the same time.
What is a bank run?
Hoover's belief that Americans should fix their own problems — NOT rely on government.
What is "rugged individualism"?
This New Deal program insured bank deposits up to $5,000 so people wouldn't lose savings.
What is the FDIC?
A small piece of ownership in a company that can be bought and sold.
What is a stock?
This Amendment gave women the right to vote
When factories produce more goods than consumers can buy, leading to layoffs.
What is overproduction?
Instead of government programs, Hoover believed that these local organizations should help the poor.
What are churches / charities?
This program hired young men aged 18–25 to work in national parks and forests.
What is the CCC?
Borrowing money from a broker to purchase stocks — if stocks crash, the debt remains.
What is buying on margin?
What is a speakeasy?
The percentage of Americans who had NO savings when the Great Depression hit.
What is 80%?
FDR used these radio broadcasts to calm and inspire the American people.
What are Fireside Chats?
This New Deal program built dams and power plants across the South to bring electricity and jobs.
What is the TVA?
The government payment given to farmers to grow fewer crops and keep food prices up.
What is a Subsidy?
This cultural change led to Black pride, Black culture, and accomplishments in literature and the arts.
What was the Harlem Renaissance?
The number of banks that collapsed during the Great Depression.
What were 6000?
The New Deal goal focused on permanently changing rules to prevent another Depression.
What is reform?
This New Deal program put new rules on companies selling stocks and allowed investors to sue those who lied.
What is the SEC?
This term describes the massive difference in wealth between the richest Americans and everyone else in 1929.
What is the wealth gap?