Causes
A steep and sudden collapse in the price of a stock or the broader stock market.
What is the Stock Market Crash?
The war that comes after WWI
What is WWII?
President of the United States from March 4, 1933 – April 12, 1945. Created the New Deal.
Who is Franklin D. Roosevelt
A constitutional amendment, ratified in 1919, that banned the consumption, sale, and manufacture of alcohol.
What is the 8th Amendment?
which two groups were impacted by the great depression
farmers incomes declined and price of farmland fell by over 50%
What is overproduction?
An act to provide for the general welfare by establishing a system of Federal old-age benefits
What is the Social Security Act of 1935?
An American politician who served as the 29th president of the United States from 1921 until his death in 1923
Who is Warren G Harding?
A Federal Reserve System, created in 1913, was supposed to ensure the nation's economic stability by controlling the money supply.
What is the New Deal?
recovery program to create set codes in the working industry
What is the National Recovery Administration?
Was supposed to ensure the nation's economic stability by controlling the money supply.
What is The Federal Reserve?
A program created by then-President Franklin Delano Roosevelt in 1935 to boost employment and the purchasing power of cash-strapped Americans.
What is Works Progress Administration?
A conservative from Massachusetts who became the thirtieth U.S. president upon the death of Warren G. Harding
Who is Calvin Coolidge?
Created by Congress in 1933 to put millions of young men to work on Conservation Projects throughout the United States
What is the Civilian Conservation Corps?
a reform act that separated commercial and investment banking to prevent potential losses in bank accounts
What is glass-steggall banking reform act?
lack of wealth led to a reduce the ability to buy products and services
What is purchasing power?
Was the result of a period of severe dust storms that greatly damaged the ecology and agriculture of the American prairies during the 1930s
What is a Dust Bowl?
A former engineer and millionaire who became the thirty-first U.S. president in 1928
Who is Herbert Hoover?
An administration created by Congress in 1933 to help destitute farmers. The AAA reset prices for agricultural commodities at their high, pre–World War I prices and paid farmers subsidies to cut production.
What is the Agricultural Adjustment Administration?
A series of 30 radio addresses given by President Roosevelt that started during the great depression
What are fireside chats?
wealth became concentrated in the upper class
What is unequal distribution of wealth?
establish tariffs to foreign goods so that Americans will have to buy american goods
What is the smooth-harley tariff?
A British economist in the early twentieth century who believed that deficit spending during recessions and depressions could revive national economies.
Who is John Maynard Keynes?
A bill passed by Congress in March 1933 to give President Franklin Delano Roosevelt power to regulate the banking system and foreign exchange.
What is the Emergency Banking Relief Act?
The name given to 20,000 World War I veterans who marched on Washington in 1932 demanding their bonus pay from the government
What is Bonus Army?