Causes of Great Depression
This took place in 1929 and is considered the start of the Great Depression since many investors lost all of their money as a result.
What is the Stock Market Crash?
What was the name of his plan he created to help improve the economy
What is the "New Deal"
The president before FDR, often blamed for not doing enough to help struggling Americans during the Great Depression.
Herbet Hoover
This program built dams and hydroelectric plants to provide electricity,control flooding, and create jobs in the Tennessee Valley.
What is the TVA
Who created the first breadlines and soup kitchens in Chicago?
Who is Al Capone
This President thought that by doing nothing the economy would get better and people should be "rugged individuals" and help themselves.
Who is Herbert Hoover?
What were the 3 "R"s of the New Deal?
Relief, Recovery, & Reform.
The U.S. president who created the New Deal to combat the Great Depression and served an unprecedented four terms in office.
Franklin Roosevelt (FDR)
A program that paid farmers to reduce crop production in order to raise prices and help stabilize the agricultural industry.
What is AAA
What would you call a group of cardboard houses or shantys set up in a public park or street alley?
What is a Hooverville/shantytown
What happened to the United States banks after the stock market crash?
Many banks ran out of money and worst forced to close.
This category of New Deal programs aimed to rebuild the economy by stabilizing industries, banks, and farms to encourage long-term growth.
Recovery
A banking reform that insured individual deposits to protect people’s savings and restore trust in the financial system.
What is the FDIC?
This program created a safety net for Americans by providing pensions for retirees, unemployment benefits, and aid for the disabled.
What is Social Security
Name 1 way Herbert Hoover was different from FDR
MANY ANSWERS WILL WORK
When a company makes more products (TVs, Cars, Radios, etc) than people are willing to buy.
What is overproduction?
This category of New Deal programs focused on making long-term changes to prevent another Great Depression, including banking and labor laws.
Reform
A temporary shutdown of banks declared by FDR to restore confidence in the banking system and prevent further collapses.
Bank Hoilday
A New Deal jobs program that employed millions of workers to build roads, bridges, schools, and even fund artists, writers, and musicians.
What is the WPA
What was the name of the drought that caused many farmers in the great plains to have terrible harvests in the 1930's?
What is the dust bowl
What is it called when you borrow money in order to buy more stock?
What is "buying on margin"
FDR's new deal program did what to the size and scope of the government?
EXPANSION - it gave the government much more power and involvement in the daily lives of Americans.
The economic policy of minimal government interference in business, which many believed contributed to the Great Depression
Laissez-Faire
A New Deal program that provided jobs for young men to work on conservation projects like planting trees, building parks, and preventing
soil erosion.
What is the CCC
Businesses made a 65 percent leap in gains during the 1920s, but workers salaries only increased by what percentage?
8 to 9 percent