He was the United States president that gave "relief" to the people during the Great Depression.
Franklin D. Roosevelt
True or False: A depression is a time when industry is booming and almost all people are employed.
The purchase of a share of a company
buying stock
High Supply + Low Demand =
Low Prices
Name a state that is part of what is known as "heart of the dustbowl"
Kansas, New Mexico, Oklahoma, Texas, Colorado
Devastating drought that caused huge dirt storms during the 1930's.
Dust Bowl
During the Great Depression many people struggled to afford:
A) Housing
B) Food
C) Luxury Items
D) All of the above
Who Am I ?
FDR
US President at the start of the Great Depression
Herbert Hoover
FDR's program that aim at providing immediate assistance to those affected by the Great Depression
Relief Programs
This type of economy allows people to buy and sell goods without government intervention. Utilizes Supply and Demand
Market Economy
After the stock market crash, people rushed to their banks causing this.
Bank Failure
Date of Black Tuesday
October 29, 1929
What is the name of the programs introduced by FDR during the Great Depression.
New Deal
Name one of FDR's Reform Program
FDIC, SSA, SEC, NLRB
New heroes of the Great Depression
Bonnie and Clyde
John Dillinger
What caused many farmers to have debt and possibly lose their land?
Lower demand of farm products after WWI
Cheap price for goods
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.
World War II
Practice where Stock Brokers lend money to buyers to buy a stock without having money
Buying "on the margin"
The 2 Reasons why the Dust Bowl happened
Poor Land management Practices, drought in the Midwest
This event is often considered to be the starting point of the Great Depression.
Stock market crash of 1929
Black Tuesday
Percent of unemployed during 1933
24.9%
12,830,000 people
Series of radio broadcasts where FDR directly addressed the nation
Fireside Chats
The only thing we have to fear is fear itself!