Show:
Great
Depression
Unit
Exam
Review
100
Two effects of the Great Depression
Answers will vary
100
These people took risks, betting that the market would continue to climb, thus enabling them to make money quickly.
Who are speculators
100
This is the period from 1924 to 1940 in which the economy plummeted and unemployment skyrocketed
What is the Great Depression
100
This paid farmers to lower production and, in some cases, to destroy crops, with the greater goal of raising crop prices and farm income
What is the Agricultural Adjustment Act
100
The main objective of the Agricultural Adjustment Act
What is to raise prices of farm products
200
Two important causes of the Great Depression
What are tariffs on foreign imports were increased, both individuals and businesses built up large debts because of easy credit, the federal government did not insure people's bank accounts, the stock market crashed...
200
This Republican won the presidential election of 1928
Who is Herbert Hoover
200
Which candidates ran for president in 1932
Who are Herbert Hoover and Franklin D. Roosevelt
200
This put almost 3 million young men to work building roads, developing parks, and helping in soil-erosion and flood-control projects
What is the Civilian Conservation Corps
200
Of the following New Deal policies, this had the biggest long-term impact on the American economy - A) Social Security Act B) Civilian Conservation Corps C) Tennessee Valley Authority D) Federal Emergency Relief Administration
What is the Social Security Act
300
This term refers to making extremely risky business transactions on the chance of making quick or considerable profits
What is speculation
300
Name two causes of the Dust Bowl
Drought, high winds, industrialized farming methods, capitalism (if you can explain why)
300
In calling shantytown "Hoovervilles," people conveyed their...
What is disgust with Hoover
300
What was the first major action Roosevelt took as president
What is He closed all of the nation's banks and ordered inspections
300
This provided a fund for people who were disabled and for the elderly
What is the Social Security Act
400
This term refers specifically to the stock market crash of October 29, 1929
What is Black Tuesday
400
The New Deal Programs are categorized by three terms to describe the programs' purposes and outcomes
What is Recovery, Relief, and Reform
400
This established the Federal Deposit Insurance Company (FDIC), with the greater goal of restoring public confidence in the banking system
What is the Glass-Steagall Banking Act
400
Which New Deal Program was the most directly responsible for creating new jobs and putting people to work
What is the Works Progress Administration
400
This increased during the Roosevelt administration as the federal government enacted reforms to stabilize the economy
What is the federal deficit
500
This term refers to paying a small percentage of a stock's price as a down payment and borrowing the rest
What is buying on margin
500
During the Great Depression, the highest unemployment rate reached about...
What is 25%
500
This helped create prosperity in a poverty-stricken region by providing funds to build and repair dams, flood-control projects, and power plants
What is Tennessee Valley Authority
500
This economist claimed that the government spending was essential to stabilizing the economy
Who is John Maynard Keynes
500
Created in 1934, this continues to monitor the stock market and enforce laws regarding the sale of stocks and bonds
What is Securities and Exchange Commission