His administration saw a total of 15 bills pass Congress during his first 100 days.
Who is Franklin D. Roosevelt?
After the stock market crash, people rushed to their banks causing this.
What are bank runs?
True or False: The Great Depression was an economic downturn that occurred world-wide.
What is true?
The president's plans for normalcy were simple:
Let the Federal Reserve tighten money to wring inflation out of the economy.
Cut spending so that the government can pay off the war debt.
Cut tax rates to free business and encourage hiring.
Block new entitlement payments, even to veterans. Instead, build veterans hospitals.
Return those industries that the wartime government had taken over back to private hands.
Who is Warren Harding?
This term was used to the region of the American mid-west that suffered a devastating drought full of huge dirt storms during the 1930's.
What is the Dust Bowl?
This event is often considered to be the starting point of the Great Depression.
What is the stock market crash of 1929?
Who Am I ?
FDR
True or False: The Jazz Age and Harlem Renaissance were important events during the Great Depression.
What is false?
True or False: By 1934, every European nation except England had defaulted on US loans.
What is false? It was Finland.
True or False. When the stock market crashed, many people couldn't pay back the money they had borrowed.
What is true?
October 29, 1929, is also known by this name.
What is Black Tuesday?
What is the name of the relief programs introduce by FDR during the Great Depression.
A) The Act of Relief
B) Relief Act
C) New Deal
D) Newton Deal
What is B) New Deal?
The unemployed and poor often lived in "shanty towns." They were often referred to as.
What are Hoovervilles?
The Great Depression mostly occurred in this decade.
What is the 1930s?
During the Great Depression, people would line up at ____________ to get food. These were normally run by charities.
What are soup kitchens/breadlines?
This major event followed the Great Depression.
What is World War II?
What was a basic cause of The Great Depression.
a) too many goods being produced and not enough people buying them.
b) excessive profits for farmers and their families.
c) increased wages for workers meant that too much money was being made.
d) people were being taxed at a high level and they were unhappy
What is a) overproduction of consumer goods?
During the Great Depression many people struggled to afford:
A) Housing
B) Food
C) Luxury Items
D) All of the above
D) All of the above
Unemployment rate reached a peak of this percentage in 1933.
What is 25 percent?
President FDR's policies during the Great Depression shows his belief that?
A) The government should never become involved in the economy.
B) The government should step in and help in the economy.
C) The Great Depression was caused by labor union strikes.
D) None of the Above
What is B) The government should step in and help in the economy?
The ____ _____ is where brokers and traders can buy and sell stocks.
Stock Market
When the market is strong and doing well it is said to be a _____ market.
bull
As a result of the failure of their farms due to the Dust Bowl, many people moved to _____ to find farming work.
What is the West/California?
In the summer of 1923, this President traveled west. While at the palace hotel in San Francisco, He passed away suddenly — doubtless due to the pressure of mounting scandal. The new president, Calvin Coolidge, was left to clean up.
Who is Warren Harding?
This is the reduction of the general level of prices in an economy.
What is deflation?
He was the United States President during the early years of the Great Depression.
Who is Herbert Hoover?
Why did USA issue tariffs on imports during the Depression?
What was to protect American businesses?
A big factor leading to the failure of banks was people buying on margin. This is when _______.
people take out a loan to buy stock.
The program FDR set up in part of his New Deal, to give retired people their money.
What is Social Security?
The program of the New Deal that insured American's deposits in the bank.
What is the FDIC?
After unemployment soared from 3.2% in 1929 to 23.6% in 1932, this President countered by vastly increasing government spending, offering a nine-point plan that included major public works projects like the Hoover Dam and the Los Angeles Aqueduct. He raised taxes on the top income bracket from 25% to 63%.
Who is Herbert Hoover?
FDR gave encouraging radio speeches weekly to the American people.
A) State of the Union Addresses
B) Fireside Chats
C) Civilian Conservation Corps
D) Federal Emergency Relief Act
B) Fireside Chats
Market saturation of products causes more or less demand for American goods
What is less?
When the market is weak and not doing well it is said to be a _____ market.
What is a bear market?
List 2 of the Causes of the Dust Bowl.
1. What is a drought?
2. What is high winds?
3. What is over farming?
4. What is loss of prairie grasses?
Which President said the following: “We in America today are nearer to the final triumph over poverty than ever before in the history of any land. The poorhouse is vanishing from among us.”
Who is Herbert Hoover?
Companies were under the assumption that they were making a lot of money because they were selling a lot of products. However, this wasn't true because most people got their products using ______ ______ and did not make their payments.
installment plans / buying on credit
Some critics who thought the New Deal went too far, believed that it gave the president too much __________.
What is authority or power?
This New Deal program hired people to build dams and generators that provided electricity to people in rural areas.
What is the Tennessee Valley Authority (TVA)?
This tariff raised fees on imported goods, triggered reactionary tariffs.
What is the Smoot-Hawley Act?