He was the United States president that gave "relief" to the people during the Great Depression.
Who is Franklin D. Roosevelt
After the stock market crash, people rushed to their banks causing this.
What is Banks closing down?
The purchase of a share of a company?
What is buying stock?
High Supply + Low Demand =
Low Prices
In what decade did the Great Depression mostly occur?
What are the 1930's?
Devastating drought that caused huge dirt storms during the 1930's.
What is the Dust Bowl?
This event is often considered to be the starting point of the Great Depression.
What is the stock market crash of 1929?
Who Am I ?
FDR
True or False: The Jazz Age and Harlem Renaissance were important events during the Great Depression.
What is false?
True or False. When the stock market crashed, many people couldn't pay back the money they had borrowed.
What is true?
This type of economy allows people to buy and sell goods without government intervention. Utilizes Supply and Demand
Market Economy
True or False: A depression is a time when industry is booming and almost all people are employed.
What is false?
October 29, 1929 is also known as this.
What is Black Tuesday?
What is the name of the relief programs introduce by FDR during the Great Depression.
A) The Act of Relief
B) Relief Act
C) New Deal
D) Newton Deal
What is B) New Deal?
He was the United States president during the early years of the great depression.
Who is Herbert Hoover?
The unemployed and poor often lived in "shanty towns." They were often referred to as.
What are Hoovervilles?
What caused many farmers to have debt and possibly lose their land?
Lower demand of farm products after WWI
What happened when banks closed?
People lost their ENTIRE life savings/could not withdraw money.
This major event followed the Great Depression and helped boost the economy.
What is World War II?
How could Stock Brokers lend money to buyers to buy a stock without having money?
Buying "on the margin"
Planting the same crop year after year, drought in the Midwest
During the Great Depression many people struggled to afford:
A) Housing
B) Food
C) Luxury Items
D) All of the above
D) All of the above
What did Franklin D. Roosevelt (FDR) do to help the American people during the Great Depression?
Introduced the New Deal which helped stimulate the economy.
President FDR's policies during the Great Depression shows his belief that?
A) The government should never become involved in the economy.
B) The government should step in and help in the economy.
C) The Great Depression was caused by labor union strikes.
D) None of the Above
B) The government should step in and help in the economy.
This new concept allowed many people to spend money that they didn't have.
Installment Plans