Economics
Causes & Effects
New Deal
ABC's
Workers & Farmers
100
This is the natural pattern of ups and downs in a free market economy
What is the business cycle?
100
This term describes borrowing money to buy stocks
What is buying on margin?
100
This president's advice to battle the depression was to be patient and continue with production
Who is Hoover?
100
This agency was created to protect bank accounts
What is the FDIC?
100
This man formed the CIO
Who was John Lewis?
200
In this type of market, stock values continue to rise
What is a bull market?
200
These were shanty towns used by people who lost their homes during the depression
What are Hoovervilles?
200
This was a special session of congress during which the bulk of the New Deal was passed
What was the Hundred Days?
200
This agency was created to regulate the stock market
What is the SEC?
200
This woman was a photographer who documented the impact of federal aid on rural Americans
Who was Dorothea Lange?
300
In this type of market, stock values continue to fall
What is a bear market?
300
This is the exact date of Black Tuesday
What is October 29, 1929?
300
This group of expert advisers were gathered to help FDR solve the problems of the depression
What was the Brain Trust?
300
This agency gave public jobs to unmarried men ages 18-25
What was the CCC?
300
The National Labor Relations Act made these 2 things legal
What are unions and collective bargaining?
400
This term describes the peak of the business cycle
What is prosperity?
400
These are the results of the depression (at least 3)
What are business failures, unemployment, lost savings, and drop in the GNP?
400
This is a system in which the government provides for the basic needs of its citizens
What is a welfare state?
400
This was the responsibility of the Tennessee Valley Authority
What is build dams to provide electricity and flood control?
400
The Fair Labor Standards Act established these 2 things for workers
What are the minimum wage and maximum work week?
500
This term describes the economy when it is on its way down to a depression
What is recession?
500
These are causes of the depression (at least 2)
What are overproduction, stock market crash, bank failures?
500
These are the benefits provided by the Social Security Act
What are retirement income, unemployment compensation, and disability aid
500
The Works Progress Administration went out of their way to give jobs to these two minority groups
Who were African Americans and women?
500
The Farm Security Administration helped struggling farmers by giving them these
What are long-term farm loans at low interest rates?
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