By the end of the 1920s, was wealth spread equally?
No
What was the name of the cardboard cities the homeless made?
Hoovervilles
Did Hoover believe the homeless were well fed?
Yes
What 3 categories can we use to describe New Deal programs? (3 R's)
Relief, Recovery, Reform
This term refers to changing the amount of justices in the supreme court to add favor.
Court Packing
What is another term used to describe the Stock Market Crash of 1929?
Black Tuesday
True or False:
Hospitals thrived (did great) during the Great Depression.
False
Which candidate is more associated (relates to) laissez-faire Capitalism?
Hoover
This program established a pension-system that ensures people who are retired or are disabled can receive payments.
Social Security Act
When FDR would get on the radio to speak to the public, what was it called?
Fireside chats
What does it mean to "buy stocks on margin"?
Buying stocks with borrowed money
The Great Depression can be described as a time of ____ wages and ____ unemployment. (high or low for each line)
Low wages, Low unemployment
Who did Hoover believe was responsible for helping citizens out? (You can also say who was not involved)
Each other (not the government)
Which of the 3 Rs would the WPA and TVA not count as?
Reform
Which Amendment ended Prohibition
21st
Explain one part of why the banks failed
The banks lost many assets from risky loans. So when people ran to the banks to take money out, the banks did not have enough money to give back.
What is one reason why people spent less money during the Great Depression?
They were in debt
Which candidate believed that the Great Depression was a part of the normal economic cycle?
Hoover
True or False:
The AAA paid farmers to produce more crops.
False
Which group rejected FDR's Court Packing plan?
Congress
The Supreme Court
What is a tariff?
Tax on imported goods
Name at least 1 state that got hit with the Dust Bowl
Prohibition was repealed (removed) under which President?
FDR in 1933
What program did FDR create to prevent more losses in bank accounts?
Federal Deposit Insurance Corporation
What is a check the President has on the Supreme court? (think checks and balances)
Can nominate Justices for the Supreme Court