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The "New Deal"
Relief Organizations
Causes of the Great Depression
Effects Of The Great Depression
100
The event that led to Roosevelt Passing The "New Deal"
What is The Great Depression?
100
Was created to provide workers with unemployment insurance, old age pensions and insurance if they died early.
What is Social Security Act?
100
People lost thier life savings and most to all of their money and banks failed because of this crash.
What is The Stock Market Crash.
100
When banks no longer have money or the ability to give people their money.
What is Bank Failure?
200
Franklin D. Roosevelt's plan to revive the economy and prevent another stock market collapse.
What is The "New Deal"?
200
Insured bank deposits so that people would not lose their savings in case the bank failed.
What is Federal Deposit Insurance Corporation?
200
People bought stocks thinking that the market could only go up and they would only make money.
What is Speculation
200
The factories during the great depression had been making more goods than they were selling thus losing money and had to close.
What is Factory Closure?
300
Measures that were designed to restore the economy by increasing incentives to produce and by rebuilding people's purchasing power.
What are Recovery Measures?
300
was created to watch over the stock market and protect against another stock market crash.
What is Securities and Exchange Commission
300
factories produciong to much goods for the demand due to decreased consumer demand.
What is Overproduction?
300
President Franklin D. Roosevelts plan to revive the economy during the great depression.
What is The "New Deal"?
400
Measures that were aimed at remedying defects in the nation's economy to ensure that another depression would never strike again.
What are Reform measures?
400
Gave people jobs building roads, playgrounds, swimming pools.
What is Work Progress Administration.
400
When people make much moremoney for what they do than another class
What is Uneven Distribution of Wealth?
500
Measures that were short term actions to tide people over until the economy recovered.
What are Relief Measures?
500
helped put people between the ages of 16 and 25 to work at after school jobs around their high schools and colleges.
What is The National Youth Administration?
500
When people buy stocks for a fraction of the price and promise to pay the rest back to the banks when they make their money back.
What is Buying On Margin
500
Tariff passed to protect American goods from overseas businesses during the Depression and the reason the depression went global.
What is the Hawley-Smoot Tariff?