Causes Of Great Depression
On October 29, 1929, this day saw panic selling on Wall Street and marked the symbolic beginning of the Great Depression.
What is Black Tuesday?
Agricultural technique for cultivating crops without irrigation during dry seasons, relying instead on stored moisture in the soil from previous rainy periods.
What is Dry Farming?
Made during Franklin D. Roosevelt's "New Deal". Commonly known as Relief, Recovery, and Reform.
What are the Three R's?
This controversial 1937 proposal would have allowed FDR to add more justices to the Supreme Court.
What is The Supreme Court Reorganization Plan?
This agency insures bank deposits to prevent bank runs.
What is the FDIC?
Triggered a rapid erosion of confidence in the U.S. banking system and marked the beginning of the worldwide Great Depression.
What is The Stock Market Crash of 1929?
This region of the United States, including parts of Oklahoma and Texas, was hardest hit by severe drought and dust storms.
What is The Great Plains?
This term refers to the first three months of FDR’s presidency when Congress passed many major reform laws.
What are the Hundred Days?
This nickname was given to FDR’s plan to add additional Supreme Court justices.
What is Court packing?
This term describes the New Deal system in which the government took some responsibility for citizens’ economic security.
What is Limited welfare state?
This risky practice of buying stocks with borrowed money helped inflate the market before 1929.
What is Speculation / Overspeculation?
This nickname was given to migrant farmers who fled Oklahoma for California.
What is "Okies"?
This program gave young men jobs planting trees and working on environmental conservation projects.
What is the Civilian Conservation Corps (CCC)?
In this case, the Supreme Court declared the National Recovery Administration unconstitutional.
What is Schechter v. U.S.?
This political philosophy expanded under FDR and supported greater government involvement in the economy.
What is Modern American liberalism?
When factories and farms produced more goods than consumers could afford to buy, it led to falling prices and layoffs; this economic problem hurt businesses nationwide.
What is Overproduction?
This author wrote The Grapes of Wrath, a novel about a family migrating west during the Dust Bowl.
What is John Steinbeck, The Grapes of Wrath?
This agency provided millions of jobs building roads, schools, bridges, and parks during the Depression.
What is the Works Progress Administration (WPA)?
This New Deal agency set business codes and regulations before being struck down by the Supreme Court.
What is the National Recovery Administration?
In this presidential race, FDR won in a landslide, showing strong public support for the New Deal.
What is the Election of 1936?
This 1930 law raised tariffs on imported goods, worsening global trade and deepening the Depression.
What is the Hawley-Smoot Tariff?
Poor farming techniques and this economic problem worsened soil conditions, helping cause the Dust Bowl.
What is Overproduction?
This 1935 law created pensions for the elderly and unemployment insurance.
What is the Social Security Act?
This 1935 act protected workers’ rights to join unions and bargain collectively.
What is the National Labor Relations (Wagner) Act?
This economic downturn during FDR’s presidency occurred when government spending was reduced in 1937.
What is the Recession of 1937–38?