The 31'st president of the United States
Herbert Hoover
What is the infamous date of the 1929 stock market crash often referred to as ?
Black Tuesday was a 1929 Stock Market crash that is labeled as the beginning pains of the Great Depression.
Name the Three "R's"
Recovery - Relief - Reform
The 32'nd President of the United States
FDR - Franklin D Roosevelt.
How did the Great Depression impact the lives of Americans?
Immense job loss and economic shortages. Food was scarce. Bank failures caused citizens life savings to vanish.
How many bones are in the human body?
206
What derogatory term was given to the makeshift shantytowns built by the homeless across the country?
Hoovervilles
What was the approximate unemployment rate in the United States at the peak of the Great Depression in 1933?
25%
What was the name of President Franklin D. Roosevelt's regular, reassuring radio broadcasts to the American public?
Fireside Chats
Which 1939 fantasy film provided millions of Americans with an escapist cinematic experience during the later years of the Depression?
The Wizard of OZ
What do the letters "FDIC" stand for, a banking-reform agency created by the Banking Act of 1933 and what was it's purpose?
Federal Deposit Insurance Corporation
Explain the New Deal
The New Deal was a massive series of economic, social, and political programs and reforms enacted between 1933 and 1939 by President Franklin D. Roosevelt in response to the Great Depression.
Social Security 1935
Established the foundational U.S. social safety net by creating a national system of retirement pensions, federal-state unemployment insurance, and welfare programs for the vulnerable.
What was the CCC?
The Civilian Conservation Corps (CCC) was a federal work-relief program established in 1933 by President Franklin D. Roosevelt as part of his New Deal. It provided manual labor jobs for unemployed, unmarried young men, improving public lands, forests, and parks across the United States.
What was Herbert Hoover's response in dealing with the Great Depression?
He told the citizens that they should do their own due diligence and work with organizations to strive for economic relief. Said "citizens should not depend on the government for help."
Did the Great Depression help African Americans?
Some programs were provided to help with economic relief. Racism was to tied to the fabric of American life which further caused division.
What are Labor Unions?
A labor union is an organized group of workers who unite to negotiate with employers over wages, benefits, and working conditions. By acting collectively, workers increase their bargaining power to advocate for fair treatment and a safe workplace.
Define Stock Market in your best words
The stock market is a centralized digital and physical marketplace where buyers and sellers trade shares of ownership in publicly held companies. It allows businesses to raise money for growth and provides everyday investors the opportunity to build wealth through corporate success and economic expansion
What is the Wagner Act of 1935?
A foundational US labor law that guarantees private-sector employees the right to organize unions, engage in collective bargaining, and take collective action like strikes.
Define Socialism
Socialism is an economic and political philosophy advocating that the means of production, distribution, and exchange should be owned or regulated by the community as a whole rather than by private individuals. The core aim is to reduce wealth inequality and prevent the exploitation of workers inherent in capitalist systems