Stock Market Crash
This is when stocks are worth much more than the companies they represented. (VOCAB)
Overspeculation (STOCK MARKET READING)
The severe drought that gripped the Great Plains in the early 1930s was known as:
The Dust Bowl
Were Teddy and Frank Roosevelt related?
Yes! They were cousins!!
This Republican President won by an overwhelming victory in 1928?
Herbert Hoover
The nickname for the radio chat that FDR hosted to help instill confidence.
Fireside Chat
This was when Americans were paying a small percentage of a stock’s price as a down payment and borrowing the rest. (VOCAB)
Margin
California
Diversity in personality and ideas: democrats & republicans, woman, professionals and academics.
Brain Trust
This President won by a 61% landslide in 1936?
FDR - Franklin Delano Roosevelt
Called 4 day bank ‘holiday’
Gave time for banks to get accounts in order
Emergency Banking Bill
On October 29, the Stock Market Crash was now known as what day? (CONTEXT)
Black Tuesday
This was the name that was applied to anyone fleeing the Dust Bowl.
"Okies"
This was an old age insurance program and self-funded with ‘contributions’
Social Security Act of 1935
What is the New Deal?
FRANKLIN DELANO ROOSEVELT, CALLED FOR A COLLECTION OF PROGRAMS TO COMBAT THE PROBLEMS ALL AMERICANS WERE FACING.
This agency built bridges, power plants, dams, and government buildings. In addition, improved infrastructure and created jobs.
Public Works Administration (PWA) (Alphabet Soup)
This $700M project (also known as the Boulder Dam) became the world's tallest that provided resources for 7 states.
Hoover Dam
These were the worst kinds of dust storms where cities and regions were covered in dust. The dust was so thick in the air that you couldn't see your own hand in front of your face.
This is a political leader who seeks support by appealing to the desires and prejudices of ordinary people rather than by using rational argument
A demagogue
What were 2 of the 5 main mistakes President Hoover made during the Great Depression.
Hawley-Smoot Tariff
Put problem on American people
Kept wages artificially high
Lowered taxes for poorest, but offered no incentives for wealthy
Hoover signed the Revenue Act of 1932-doubled income tax
This provided programs for the elderly, poor unemployed, provided new projects, helped farmers, and protected workers rights.
New Deal 2.0
The Stock Market Crash signaled what?
How long did the Dust Bowl Last?
9-10 years. It rained again in 1939 and most of the land in the Midwest was farmable in 1940.
What were the 3 goals of the New Deal?
Relief, Recovery and Reform (Can someone break this down?)
What are 3 effects of the Great Depression? (CONTEXT)
1. Suicide Rates increased
2. Alcoholism Increase
3. More admittance to state mental hospitals
4. More kindness to strangers
5. Habits of savings and thriftiness
What was FDR's Alphabet Soup? (7)
FDIC, CCC, AAA, FERA, TVA, NRA, PWA
FDIC - Federal Deposit Insurance Corp
CCC - Civilian Conservation Corp
AAA - Agricultural Adjustment Act
FERA - Federal Emergency Relief Act
TVA - Tennessee Valley Authority
NRA - National Recovery Administration
PWA - Public Works Administration