The Great Depression
OVERSPECULATION assumes stock prices will go _________
UP
What were the "Three Rs" of the New Deal?
Relief, Recovery, and Reform
"BIG GOVERNMENT" is when the gov't has too much __________ and ___________
Power and control
HOLC
Home Owner's Loan Corp
What event caused the US to finally recover from the Depression?
WWII
BUYING ON THE MARGIN means borrowing money to buy _________.
STOCKS
Which of the "Three Rs" created temporary jobs and programs to jump-start the economy?
Recovery
"DEFICIT SPENDING" is when the gov't spend money it has to ____________ from __________ ______________
borrow, other countries
AAA
Agricultural Adjustment Act
During his Fireside Chats, FDR cleared up __________ and explained new _________.
rumors/issues, policies
Which of the following did NOT cause the "Dust Bowl"? DROUGHT, OVER-WATERING, or OVER-FARMING?
OVER-WATERING
Which of the "Three Rs" provided immediate help to people who needed it?
Relief
What was Huey Long's plan called?
"Share our Wealth"
FDIC
Federal Deposit Insurance Corp
Name one group of people that receives benefits from Social Security.
retired/old, disabled, unemployed, poor
Protectionism taxes _____________ imports.
(FOREIGN or DOMESTIC)
FOREIGN
Which of the "Three Rs" made changes to laws and created new programs to prevent another Depression?
Reform
What is one reason people might LIKE Huey Long's plan?
Provides for basic needs, etc...
TVA
Tennessee Valley Authority
Name one way the Great Depression affected CHILDREN
Possible answers:
Couldn't attend school
Had to work/take on adult roles
Malnutrition
Could not get new clothing/shoes
High rates of death
What types of people were seen as "The New Heroes" during the Great Depression?
Bank robbers
Name one of the "alphabet agencies" which gave people JOBS?
CCC, WPA, NYA, ...
What is one reason people might DISLIKE Huey Long's plan?
It heavily taxed the wealthy, it had unclear details, etc...
NYA
National Youth Association
BONUS: What does "disillusioned" mean?
Lost faith/confidence in