Start of the Great Depression
Who Was the President in the start of The Great Depression?
Herbert Hoover
What is Debt?
To Borrow money and then pay it back later.
What President came up with the New Deal?
Franklin D Roosevelt.
Who Did Franklin D Roosevelt go against in the election for President?
Herbert Hoover
What Percent of People were Unemployed In the Great Depression
25%
Why did the Stock Market Crash?
People were in Debt and were Using Credit for goods.
What could happen if you did not repay Debt?
The Government could take away items that you own.
What did the TVA do?
The TVA Built Dams To control floods and generate electricity to homes and farms.
What is The Name of the plan that Franklin D Roosevelt Came up with to help/end the Great Depression?
The New Deal
What did people nickname the Shantytowns?
Hoovervilles
What did people do after the Stock Market Crash?
People panicked, so they went to the banks to try and withdraw all the money that was left.
What Is the Most Common Way Of Debt/ Loans
( Say 2)
Car Loans and House Loans
Which Job helps Expand and Develop National Parks?
The CCC
What was a nickname for the New Government?
(Hint: It is a soup)
The Alphabet Soup
What Organized/Made up the Soup Kitchens?
Churches
What Year and Month did the Great Depression start?
October,1929
How Did Debt start?
When Customers were using Consumer Credit on lots of goods.
Which Job Built Highways, Bridges, Public Buildings, Parks, And Airports?
The WPA.
What Did Franklin D Roosevelt think of the Government helping Economy?
He wanted the Government to help, And to Aid Citizens in need.
Why Did People Nickname the Shantytowns?
To Shame on Herbert Hoover.
What did Herbert Hoover think about the Economy with the Government in the Great Depression
He thought the Government could hurt their self esteem.
(True or False) If you do not repay your debt it will increase your interest causing to increase money on goods?
True
How did Roosevelt Help the Elderly?
By taxes paid by workers and employers money would go to Elderly people in need of financial Assistance.
what was the 3 main Goals Franklin D Roosevelt had for the New Deal ?
To Create Jobs to Reduce Unemployment, Provide Government funding for the Economy, and ensure this would not happen again.
Why did Herbert Hoover come up with Shantytowns?
Because since people did not have money they would get evicted from their homes. So Shantytowns would help with the homeless .