Causes of GD
This event is often considered to be the starting point of the Great Depression.
What is the stock market crash of 1929?
The unemployed and poor often lived in "shanty towns." They were often referred to as.
What are Hoovervilles?
What is the practice of buying stocks with up to 90% of the money being borrowed from the bank and the rest from a person's own money called?
buying on margin
Which term was used to the region of the American mid-west(Great Western Plains) that suffered a devastating drought full of huge dirt storms during the 1930's.
What is the Dust Bowl?
Which New Deal Program provided young men with jobs on environmental conservation projects?
Civilian Conservation Corps (CCC)
This is a condition in which the production of goods exceeds the demand for them, which causes their value to decrease.
overproduction
He was the United States president that gave "relief" to the people during the Great Depression known as the doctor for all of the remedies he tried with the New Deal.
Who is Franklin D. Roosevelt
1 million Mexican Americans sent back to Mexico despite being American citizens that have never been to Mexico
Mexican Repatriation
Where in the USA did the Dust Bowl take place?
the Great Plains
Reform - Provided oversight of the stock market and required honesty
What is the SEC
People went into debt buying things they should not have been able to afford.
Easy Credit
FDR created this holiday that closed every bank for four days and allowed them to then re-open only if they had enough funding and if they passed Federal Inspection.
bank holiday
October 29, 1929 is also known as this.
What is Black Tuesday?
What caused the Dust Bowl?
drought and bad farming techniques
Which agency was created to generate electric power and control floods around the Tennessee River Valley by building dams (which created electricity and jobs).
Tennessee Valley Authority (TVA)
After the stock market crash, people rushed to their banks and took the money that was left out. What did that cause?
Bank Failures/Bank runs
Believed in Rugged Individualism People should be able to succeed on their own efforts. "pull yourself up by your bootstraps"
Herbert Hoover
What were the series of government programs (remedies) that FDR put in place to help end the Great Depression called? This also increased the size and power of the government.
the New Deal
What was an effect of the Dust Bowl?
people migrated west to California
What was the federal guarantee of savings bank deposits called (a limit of $250,000)?
Federal Deposit Insurance Corporation (FDIC)
Most people were somewhat poor already, 40% of all wealth in the US was owned by 5% of the Population. 70% of Americans lived in poverty
Unequal distribution of Wealth
Two policies that Hoover created that did nothing for the American people?
Reconstruction Finance Corporation (RFC) and Hoover Dam
FDR's plan to try and add six judges to the Supreme Court to keep his New Deal programs from being called unconstitutional. This was NOT allowed by Congress, however because it was considered unconstitutional and gave him too much power
court packing scheme
What was the Nickname giving to people that moved West from Oklahoma
Okies
This law guaranteed payments for enrolled workers beginning at age 65 who retired, with disability or unemployment?
Social Security Act