Stock Market
New Deal
Economics
Tough Times
Final Jeopardy
100
- Term for a rising stock market - Term for a declining stock market
- Bull Market - Bear Market
100
How was Hoover different than Roosevelt when it came to dealing with the Great Depression
- Didn't believe in DIRECT government aid to people - Thought market would correct itself
100
DAILY DOUBLE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Basic law of economics that drives businesses to produce a certain amount of goods based on what the consumer needs; this was greatly effected during the Great Depression
Law of Supply and Demand
100
- Places where unemployed and homeless would get food - Makeshift shacks and newspapers were called what and what?
- Soup kitchens - Hoovervilles and Hoover blankets
100
Name two great construction achievements in the 1930's
- Hoover Dam - Mt. Rushmore
200
- Term given to someone buying stocks - Term given to someone selling stocks - Term given to high-priced risky investments
- Investor - Broker - Speculation
200
Congress session was called this when they had to decide to pass or veto various New Deal programs
Hundred Days
200
DAILY DOUBLE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! What typically happens to prices when you are not selling a lot of products? What mistake did farmers make during the depression that led to the Dust Bowl?
- Go down - Tried to grow more crops buy plowing more land usually used for grazing
200
What influential lady really fought for minority rights during the 1930's
Eleanor Roosevelt
300
Term given to buying stocks on credit and paying them off later
Buying on Margin
300
Roosevelt used this forum on radio to put the peoples' minds at ease and describing his programs
Fireside Chats
300
What was the main reason so many businesses in the 1920's over produced?
- People were buying many goods in the 1920's, but not in the 1930's
300
- Groups of WWI veterans were called this who wanted their army pensions now before the money was gone - Who did Hoover send to deal with this riot that ultimately led to his demise in the next election?
- Bonus Army - Gen. Douglas MacArthur
400
Why were so many people so quick to sell their stocks as soon as prices starting going down, even though that was usually normal in the stock market?
More people than ever were investing in the stock market who never have done this before; usually wealthy people invested
400
New Deal program that still exists today that retired people rely on
Social Security
400
Why did government spending drastically go up in the 1930's?
New Deal programs to help get out of the Great Depression
400
What was the nickname for the Great Depression and what date and year did it occur?
- "Black Tuesday" - Oct. 29th, 1929
500
- Why were banks partially guilty for the Stock Market Crash? - What mistakes did businesses make during this time?
- Pushing speculative stocks on too much credit - Overproduction causing decreased employment
500
Name any two general categories that the New Deal represented
- Public Works - Social Security - Conservation Parks - Businesses and industry
500
- Why were investors willing to sell their stocks back for cheaper prices? - Why were banks going out of business? - Why were businesses going out of business?
- Tried to get some money back instead of nothing - People were flocking there to get their money because they would lose it if banks fail; plus banks also invested heavily in the stock market - Overproduction, people not buying anymore, banks closing their accounts as well
500
What were two arguments for and against Roosevelt's New Deal?
- Provided jobs and homes with lower mortgages - Workers' rights - Unconstitutional - Welfare state - Gov. spending created too much debt
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