Causes of the Great Depression
Event in 1929 that sparked the beginning of the Great Depression
Stock Market Crash
True of false: the Great Depression led to the end of Republican domination of government in the 1920's
President from 1929-1933
Herbert Hoover
U.S. President from 1933-1945
Franklin Roosevelt
The Works Progress Administration (WPA) employed at least 8.5 million people for a wide range of public works projects. This is an example of
Relief
Consumers pay percentage of price of product upfront (down payment), and pay the rest over a series of installments
Installment Plan
Name one social effect of the Great Depression
Suicide rate increased, Americans had to make economic compromises, lower classes suffered greatly
Shanty towns made out of scraps. Named to mock the president
Hoovervilles
Three components of the New Deal
Relief, recovery, reform
The Federal Housing Administration (FHA) was created to stimulate the building industry by providing small loans for home construction. This is an example of
Recovery
How did bank failures contribute to the Great Depression
Millions of Americans lost savings; money supply decreased
The unemployment rate during the Great Depression reached a high of
25%
Dam in the Colorado River constructed during the Depression; construction created jobs for thousands of Americans
Hoover Dam
A series of programs, public works projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt during the Great Depression
New Deal
The FDIC was created to insure bank customers against the loss of up to $250,000 of their deposits if their bank should fail. This is an example of
Reform
Borrowing money to purchase a stock
Buying on margin
This was the name given to the Great Plains region that suffered from severe drought and dust storms during the Great Depression
Dust Bowl
Thousands of WWI vets marched to Washington D.C. to demand early payment of war bonuses
Bonus March
How many terms was Franklin Roosevelt elected to, and how many did he serve?
4, 3
The TVA was created for the economic development of the Tennessee River watershed. Built twenty dams to control flooding, generate hydroelectric power, increase agricultural production, and revitalize the Tennessee Valley Region. This is an example of
Recovery
How did the wealth gap change during the 1920's
Increased dramatically
When hundreds of thousands of Mexicans and Mexican Americans were deported from the United States during the Great Depression.
Mexican Repatriation
Why was Hoover unpopular amongst Americans
Did not offer much government assistance
Polio
The Securities and Exchange Commission (SEC) was designed to protect investors by providing increased government regulation of trading on stock exchanges. This is an example of
Reform