Causes of the Great Depression
The new inventions and ways of spending in the 1920s led many Americans to feel _____________ about the economy.
Positive! Times were generally good & prosperous
Who was the President in office when the stock market crashed?
Herbert Hoover
Families that lost their homes often found themselves living in shantytowns that were given this name, after the president.
Hoovervilles
This Democratic candidate promised the American public a "New Deal" when he ran for office in 1932
Franklin D. Roosevelt (FDR)
FDR spoke to the country in a series of speeches that were direct and explained simply via the radio. He called these speeches ___________________.
Fireside Chats
This is a share or piece of a company that can rise or fall in value
a stock of a company
True/False: The impact of the stock market crash was felt by all Americans immediately.
False
Unemployment hit its peak during this year.
1933
Name the First Lady who took office alongside her husband in 1933.
Eleanor Roosevelt
Focusing on stabilizing the nation's economic institutions, one of FDR's first orders was to declare a _____________ ______________.
Bank Holiday
"Buy now, pay later" is best described as
buying on credit
This group continued to overproduce throughout the 20s, which put them in considerable debt prior to the crash of '29.
Farmers
What are the years of the Great Depression?
1929 - 1941
This landmark was named for a president and created in the West to produce hydroelectric power.
Hoover Dam
This New Deal program was created to help the elderly, disabled and dependents.
Social Security Administration (SSA)
This animal is commonly used to describe a strong market, that is steadily on the rise, like that of the 1920s
Bull (Market)
Describe President Hoover's approach to the Great Depression
He was "hands off" and felt that it was the responsibility of businesses and individuals to solve their problems themselves, not the government.
Identify 3 main causes of the Dust Bowl
1. Overuse of soil; 2. Drought; 3. High winds
This group of WWI veterans marched to Washington DC during the summer of 1929 in hopes of receiving early payments for their war era service.
The Bonus Army
True/False: All Americans were supportive of FDR's New Deal programs.
False
This date is commonly referred to as marking the beginning of the Depression:
Black Tuesday - October 29, 1929
During the Depression, many wages were cut by an average of _______%.
60%
What were FDR's "3 Rs"?
Relief, Recovery & Reform
She is known to be the "face" of the Great Depression.
Migrant Mother
Many of the New Deal Programs were called by the letters of the beginnings of their names (AAA; CCC; TVA; etc.), leading to New Deal Programs being referred to as __________ _________.