Roaring 20's
What decade did the Roaring 20s take place in?
1920-1929
The president during the beginning of the Great Depression was?
Herbert Hoover
During the Great Depression, the national unemployment rate was about
25%
Define the "New Deal."
Legislation and programs to provide relief, stimulate economic recovery, and establish long term reform
What did the SSA do?
offered safeguards for workers and non-workers.
List two inventions from the 1920s
Fridge, drive through, cheeseburger, washing machine, blender, etc.
What happened on the day known as Black Tuesday?
The Stock Market Crashed
The name of the shantytowns that popped up all around the United States during the Great Depression due to people being evicted from their homes and loosing their jobs.
Hoovervilles
After taking office how did FDR work to calm the American people and rebuild trust?
Fireside Chats
What is the WPA?
Works Progress Administration, schools, buildings, bridges, airports
Americans began buying items on _______ during the 1920s.
Credit
Which event caused farmers to loose money and crops?
The Dust Bowl
List three effects of the Great Depression.
Loss of homes
Hoovervilles
5,700 banks fail
Thousands of businesses fail
25% of farmers lost their farms
Unemployment rate goes up to 25%
List the "3 R's"?
Relief, Recovery, and Reform
Immediate / Emergency help
WPA and CCC
What two sports became very popular during the 1920s?
Baseball and boxing (could say college sports as well)
List two causes of the Great Depression.
1. Stock market crash
2. Banks failing
3. High protective tariffs
Who was the President during the end of the Great Depression? (100 Bonus points if you can tell me his first, middle, and last name)
FDR / Franklin Delano Roosevelt
What are two limitations/negatives of the New Deal?
Government’s involvement expanded dramatically
National debt doubled
Ultimately, did not end the Depression
Define "recover" in terms of the New Deal. What is one agency that falls under Recovery?
Short Term help
“NRA”- National Recovery Admin. enforce better business laws (minimum wage, better hiring practices)
“AAA” - Agricultural Adjustment Admin paid farmers to reduce surplus
What major event marked the end of the "Roaring 20s"?
The Stock Market Crash
List three causes of the Stock Market Crash.
Flawed U.S. Economy
Buying on margin - buying stocks on credit
Investments were being made with borrowed money
Weak Industries (Farming)
Dust Bowl
Overproduction of Goods and Under Consumption
Unstable Banking System
Banks were investing in the stock market
What ultimately ended the Great Depression in the United States?
World War Two.
What are two positives / successes of the New Deal?
Provide relief, hope, and restored faith in Federal Government
Long term reform to guard against reoccurrence
Millions of people benefit from New Deal programs today
Define "reform" in terms of the New Deal. What is one agency that falls under Reform?
Long term
Federal Deposit Insurance Corporation FDIC, insured deposits
Securities and Exchange Commission – regulate stock market
Social Security Act offered safeguards for workers and non-workers.