A
B
C
D
E
100

1) Credit

Buy now, pay later

100

2) Speculation 

Buy on chance of a quick profit    

100

3) Buying on margin 

Pay small percent of price, borrow rest    

100

18) What was an economic result of the Great Depression? 

People withdrew money from the banks, the gross national product was nearly in half, 90,000 businesses go bankrupt, 25% of Americans were out of work

100

19) What led to the Great Depression? 

Tariffs, war debts, farm problems, easy credit, income disparity, having excess

200

4) Dust Bowl 

Drought, windstorms hit; soil scattered for hundreds of miles, hardest hit area was the Dust Bowl (North Dakota to Texas)  

200

6) Franklin Delano Roosevelt (FDR) 

Democrat President who led the nation through the Great Depression and was more okay with government intervention in the economy

200

17) How did people economically respond to the stock market plummeting? 

Shareholders sold frantically but millions of shares had no buyers  

200

5) Herbert Hoover 

Republican president who was cautious to have the government interfere with the economy

200

7) New Deal (3 Rs)

Program that attempted to provide relief for the needy, economic recovery, financial reform

300

8) Agricultural Adjustment Act (AAA) 

Paid farmers to grow less food   

Goal was to raise food prices by lowering supply 

300

10) Civilian Conservation Corps (CCC) 

Public works jobs for young men   

Reduced unemployment 

300

9) Tennessee Valley Authority (TVA) 

Created jobs renovating, building dams   

Planned to create prosperity in the impoverished Tennessee Valley Region   

300

11) Father Charles Coughlin

Critic of the New Deal who wanted guaranteed income and banks nationalized

300

13) Huey Long 

Critic of the New Deal and presidential hopeful who had a popular social program

400

12) Dr. Francis Townsend

Critic of the New Deal who wanted pension plans for the elderly

400

14) Works Progress Administration (WPA)

Created jobs (like building roads) 

Employed women to sew clothes 

Employed professional writers, artists, and performers 

400

16) Mary McLeod Bethune 

Helped organize the “Black Cabinet” of African American advisers

400

15) Frances Perkins 

Secretary of labor, first female cabinet member

400

22) How were men impacted by the Great Depression?

Used to supporting their families so hard to cope with not finding work, some wandered around the country

500

20) What caused the Dust Bowl? 

Answers may vary: human overproduction and nature

500

21) How did some people respond to the Dust Bowl?   

Many farm families migrated to Pacific Coast states

500

23) How were women impacted by the Great Depression? 

Tried to carefully budget and make food/clothes at home, some were resented for working

500

25) What was the purpose of FDR’s first fireside chat? 

To discuss the need for public support of government and banks

500

24) How were children impacted by the Great Depression? 

Poor diets led to serious health problems, the school year was shortened, and some teenagers chose to leave home