Causes
Hoover vs FDR
The Three R's
Alphabet Soup
Effects
100
The normal ups and downs of the economy
What is the business cycle
100
Unemployed and displaced (evicted) Americans moved into shantytowns called this.
What are Hoovervilles
100
This was the first R in FDR's plan to fix the Great Depression and it included cash handouts and bank holidays.
What is Relief?
100
CCC
What is Civilian Conservation Corps? -Put young men to work fixing trails and other wilderness work.
100
25%
What is the percent of unemployed during the Great Depression?
200
The partying and frivolity of this decade hid the economic problems that would lead to the Great Depression.
What are the 1920s
200
FDR's plan for fixing the Great Depression was called this.
What is the New Deal
200
This is the second R in FDR's new deal and it refers to programs such as the AAA and WPA.
What is Recovery?
200
FDIC
What is the Federal Deposit Insurance Corporation Permanent Agency designed to insure depositors money in savings banks. Originally insured up to $5,000 per depositor today it has increased to $100,000.
200
4 terms
What is the number of terms FDR had?
300
The day the stock market crashed on 1929 was given this nickname.
What is Black Tuesday?
300
The speeches that FDR gave over the radio to U.S. citizens to rebuild trust in the government and the economy were called this.
What are fireside chats.
300
This is the third R in FDR's New Deal and it includes the FDIC.
What is Reform?
300
Permanent agency designed to ensure that the older segment of society always would have enough money to survive. The key here is that they would then also be able to spend throughout their lives.
What is SSA Social Security Administration
300
WWII
What is the end of the Great Depression?
400
This poor practice of purchasing stock on credit led to the severity of the Great Depression.
What is buying on margin
400
Both Hoover and FDR responded to the rise in unemployment by increasing funding for these.
What are public work projects?
400
Immediate action taken to halt the economies deterioration.
What is Relief?
400
Provided long term government jobs building schools and other public works projects.
What is Works Progress Administration (WPA)
400
The place people migrated to after their farms failed.
Where is California?
500
The Dust Bowl of the 1930s was caused by a severe drought that was made worse because WWI had encouraged farmers to do this.
What is plow under native grasses and plant wheat.
500
FDR stopped a run on the banks by declaring this.
What is a bank holiday?
500
Permanent programs to avoid another depression and insure citizens against economic disasters.
What is Reform?
500
Taxed food processors and gave the money directly to farmers as a payment for not growing food. This decreased supply so price would go up.
What is Agricultural Adjustment Act (AAA)
500
This major political effect of FDR's New Deal
What is the expanded role of government?