FDR vs. Hoover
Vocabulary
Vocabulary pt. 2
Poor, Women, African Americans, Farmers
New Deal Programs
100

Which President was elected to help fix the Depression?

FDR

100

Location of the place where stocks are bought and sold. 

Stock Market

100

The charge of borrowing money from the bank. 

Interest

100

What was the government housing put in place during the Hoover Administration for those who could not afford housing? 

Hoovervilles. 

100

Insured bank deposits against bank failures, up to a certain level (also known as bank insurance). 

FDIC (Federal Deposit Insurance Corporation)

200

This president created government housing also known as ________________________. 

Hoovervilles

200

The money deposited in your bank account may not always be there at all times. 

Bank Deposits

200

The amount of money an individual, family or business owes to a creditor. 

Debt

200

Which group(s) of people were often let go over white men in terms of having and holding a job? 

Women. African Americans. 

200

Created a national system of pensions, unemployment insurance and aid to mothers with children, and created the Social Security Administration (SSA) to administer it. 

Social Security Act (1935)

300

This president believed in a hands OFF government intervention style believing that the economy could be fixed with the generosity of the people. 

Hoover

300

A severe long term downturn in economic activity in a country.

A depression

300

Represents a share of ownership of a corporation. 

A stock

300

Give the name of ONE of the programs aimed at helping farmers. 

Agricultural Adjustment Act (1933, 1938)

Tennessee Valley Authority (1933) 

Rural Electrification Administration

Farm Credit Act (1933) 

(any that can be explained correctly) 

300

Introduced measures to reduce crop supply, stabilize prices and support farm incomes. 

Agricultural Adjustment Act (1933, reauthorized in 1938) 

400

This president believed in a hands ON government which increased the power of the federal government. 

FDR
400

Investing in a product with the hopes that it will gain in value. 

Speculation

400

A group of programs created by FDR to bring prosperity to the United States due to the Depression. 

The New Deal

400

Name the New Deal program that aimed at helping African Americans.

Fair Employment Practices Committee (FEPC) (it wasn't until the 1941 march that was threatened in Washington that FDR passed the FEPC. Many African Americans were not eligible for the New Deal relief programs). 

400

Gave financial aid to states to support local relief programs for the poor. 

FERA (Federal Emergency Relief Administration) (1933) 

500

What are the THREE "R"s of the New Deal? 

Relief, Recovery, Reform

500

These TWO terms are related to supply and demand. (Examples: Farming were harvesting too many goods and people were not buying the goods as fast as the farmers were making them). 

Overproduction/Underconsumption

500

Explain in detail, the three R's

Relief for the unemployed and the poor.

Recovery for the economy.

Reform for the financial system.

500

Explain how FDR cutting production of farming goods was actually beneficial for farmers? 

Farmers were producing more goods than consumers were buying. Due to this, good prices naturally fell. To combat this, farmers started producing more goods to make up for the difference in price (which created even more of a supply and less of a demand). By paying farmers to decrease their supply, good prices began to increase again. 

500

Planned river basin development based on dams and hydroelectricity. 

Tennessee Valley Authority (TVA) (1933)