Causes of the Great Depression
The day the stock market crashed, October 29th, 1929.
Black Tuesday
Many people in the Depression became.....
Homeless
President Franklin D. Roosevelt's New Deal legislation, such as the CCC, WPA, and TVA, overall goal was to create what for the people?
To create jobs for people
Places where unemployed and homeless people could go to receive a free meal?
Soup Kitchens
What is a "hoover wagon"?
Car with horses tied to it because the owner can't afford gas.
There are two types of overproduction that caused the depression. What are they?
Industrial and Agricultural
Dustbowl Refugees were given what name, and where did they move to?
Okies and they moved to California
FDR spoke directly to the American people to let them know what he was trying to accomplish. These speeches were known as what?
Fireside Chats
Many hoovervilles were made out of what kinds of materials?
Cardboard, Scrap metal, and Crates
How were Hoover and Roosevelt different?
Roosevelt provided direct relief to the people and borrowed money to pay for his programs, Hoover did not.
You are either very rich or very Poor.
Overproduction of Food lead to many farmers having to do what?
Shut down their farms
What was the lasting impact of the New Deal?
Gave Americans a stronger sense of security and stability.
What is a hobo?
Homeless Americans who wandered around hitching rides on railroads cars, searched for work and a better life.
WWI Veterans who marched on Washington hoping to receive their bonus checks early were known as what?
Bonus Army March
How did the 1920s lead to the great depression?
People in the 1920s bought a lot of things on credit. They also invested in the stock market.
Franklin Roosevelt's political philosophy was the idea that government should?
Help the people who have little.
Why was Franklin Roosevelt's "court-packing plan" a serious mistake?
It was a mistake because it looked like he was trying to undermine the separation of powers between the branches of government.
Shantytowns were named after which president, what were they called and why?
They were called Hoovervilles because the American people blamed President Hoover for the Great Depression.
After the stock market crash, how did President Hoover try to help the economy?
He did nothing, just recommended business as usual.
Name 5 of the Causes of the Great Depression.
Stock Market Crash
Bank Failures
Buying on Credit in the 20s
Dust Bowl
Gap Between Rich and Poor
Reduction in Purchasing - over production and under consumption
During the Great Depression, prior to the creation of the FDIC, when banks collapsed, what was the impact on people?
The people lost all their life savings that collapsed in the banks.
What were the 3 goals of the New Deal and what are their purposes?
Relief: Help the unemployed and poor
Recovery: Fix the Economy
Reform: Make sure the depression can't happen again
Describe how women's and child employment could have changed during the depression.
Women's and child employment was changed during the depression because they worked more. The children had more responsibilities at a younger age, and found jobs that their parents could not.
When the Great Depression began in 1929, the most common economic belief supported by the Republican party was?
Laissez-Faire (a hands off policy to the economy or business sector.)