The New Deal
The Great Depression
Effects of The Great Depression
Causes of The Great Depression
The Dust Bowl
100
It was able to put Americans back to work. Roosevelt believed this would lead the economy back to prosperity. It measures in the new terms of the three R's- Relief, Recovery, and Reform.
What is The New Deal?
100
The Great Depression was where people were out of jobs, homes and even food. It was a struggle for the U.S. that lasted for about 10 years
What is The Great Depression?
100
People of out jobs, food and shelter.
What were the effects of The Great Depression?
100
Overproduction, Speculation, and The Stock Market Crash.
What were the three causes of The Great Depression?
100
Where farmers faced a huge disaster where they lost all their crops and land.
What is The Dust Bowl?
200
Was created to watch over the stock market and guard against another stock market collapse.
What is SEC?
200
He rejected demands for the federal government to provide direct payments to the unemployed and needy, which destroyed the people's incentive to work. He believed that the economy would gradually improve on it's own.
How did President Hover respond to The Great Depression?
200
People had to donate money to the welfare funds known as "community chests"
How did people help out their neighbors?
200
Manufacturers were producing more goods then they could sell. Many consumers didn't have the money to pay these goods. Many peoples income was declining.
What is Overproduction?
200
A serious of droughts dried up crops and topsoil, turning the soil into dust.
How did farmers crops get ruined?
300
Gave Jobs to young people planting trees and cleaning up forests. CCC members lived in camps and received free food.
What is CCC?
300
He set up The New Deal. He also set the three R's Relief, Recovery and Reform.
How Did President Roosevelt respond to The Great Depression?
300
Many people suffered the dust bowl so they had no land.
Why did many people migrate west?
300
Many people bought stocks thinking they would get rich. People were only paying small percentages and saying they would pay the rest later. Many consumers were buying more then they could afford. Which made the economy very vulnerable.
What is Speculation?
300
Heavy winds buried homes in dust, and destroyed harvests.
How did farmers lose their homes?
400
The most famous New Deal agencies. It gave people jobs building roads, playgrounds, swimming pools, sidewalks and sewers in their hometowns. Also it hired artists and writers for local history and public art programs.
What is WPA?
400
It helped by giving people job and stay in shelters. It held people together until the economy improved.
How did the three R's help The Great Depression?
400
The Dust Bowl.
Why did people lose their land and had to migrate west?
400
People tried to sell all their stocks. Corporations could no longer raise funds. People were unable to repay their loans, leading to bank failures. Thousands has lost their savings. The demand for goods decreased, As demand decreased prices fell.
What is The Stock Market Crash?
500
insured bank deposits so that people would not lose their savings in case a bank failed.
What is FDIC?
500
By increasing incentives by rebuilding people purchasing power. Roosevelt believed if the government put money in consumers hands they would spend more. Which would increase the demand for products, leading to more people being hired back to work.
How did president Roosevelt believe the economy would recover?
500
People had more land and it was easier for them.
What happend when people migrated west?
500
Factories closed so people no longer had jobs. People could no longer pay bills because they had no jobs and they a lot of things.
How did the Stock Market Crash effect people?