The wealth, resources, and flow of money in a nation is known as what?
What is the economy?
People lost money and savings in this type of financial crisis
What is a banking crisis?
Sometimes children left school to do this.
What is work?
Farmers produced too much food after WWI, which led to _________________.
What is overproduction?
Programs implemented by FDR to help the country recover were called this.
Answer: What is the New Deal?
The sudden fall of stock prices causing financial panic is called this.
What is Stock Market Crash?
When banks ran out of money and had to close, it was called this.
What are Bank Failures?
Shantytowns built by homeless families were called this.
Answer: What are Hoovervilles?
Severe drought in the Great Plains caused crop failures during the Depression, otherwise known as _________________.
Answer: What is the Dust Bowl?
What was the President that implemented the New Deal, and how many years did he serve in office?
Who is FDR, and 12 years?
This is the day the stock market crashed in 1929.
What is Black Tuesday?
The banks operated loosely with_________ because they were optimistic about the economy.
Credit
Soup kitchens provided this to families who could not afford food.
What is a free meal?
Farmers losing their land due to inability to pay loans faced this.
What is foreclosure?
The president criticized for limited response at the start of the Depression.
Who is Herbert Hoover?
Banks ran out of money and closed because they too invested in the ______________________________.
What is the stock market?
Banks Heavily Invested in _____________
Stocks
What was the cause of many families breaking apart?
What is stress and poverty?
Prices ___________, but that was not enough to restart the flow of the economy.
What is dropped or lowered?
The first New Deal focused more on _________________ issues, while the second wave of New Deal program aimed more toward___________________ issues.
What is short-term and long-term?
List one example of the effects of the great depression.
What is widespread famine, unequal wealth, and high unemployment?
What did people lose due to the Banking Crisis?
What is money/savings and confidence in the bank?
What's a synonym for Hooverville?
What is a shantytown?
Dust Bowl worsened conditions in the _____________________.
What is the great plains?
What New Deal program is in charge of jobs building roads, schools, and arts projects.
What is the WPA(Works Progress Administration)?