Causes of GD
This event valued stocks lower than their worth and caused people to panic, lose their jobs, homes and life savings starting the Great Depression
The Stock Market Crash of 1929
Unemployment peaked at this % during the Great Depression
25%
The makse shift shantytowns which consisted of cardboard shacks americans were forced to live in during the Great Depression were named after what president?
Herbert Hoover (hoovervilles)
This New Deal program provides insurance on bank deposits
FDIC
This is the process of taking money borrowed from the bank or a broker, and putting it into the stock market
Buying on Margin
What happened to the money Americans had put in banks after the banks collapsed?
they lost all their money
Who was elected president because he had a plan to pull America out of the Great Depression?
FDR
This was designed to provide assistance to the elderly, disabled, and poor
Social Security
Making a very risky investment in the stock market, hoping the stock will continue to rise in value, in hopes of earning a large profit is called...
Speculation
What was this event called during the Great Depression in which strong winds picked up the topsoil and spread dust everywhere?
Who was President of the US when the stock market crashed and the Depression began?
Herbert Hoover
What problem were both the Civilian Conservation Corps and the Works Progress Administration developed to address
Unemployment, Creating more jobs
Which New Deal program was in charge of regulating the stock market?
SEC
The first dramatic event caused by the Stock Market Crash of 1929 was...
The collapse of U.S. Banks
Farmers who left the Great Plains and moved further West to find relief from the Dust Bowl were called...
Okies
What was the name of the group of WW1 veterans who were protesting to receive their bonus early?
The Bonus Army
How did FDR's New Deal Program change the federal government?
Expanded the power of the federal government, executive branch
This program created jobs by building airports, dams, schools, and parks
Public Works Administration
How did other nations react/respond to the U.S. raising tariffs on imports?
they retaliated with their own tariffs causing prices to rise more
The conversational radio addresses given by FDR were called
Fireside Chats
This law/act was created to protect workers' right to strike and led to an increase in union participation
Wagner Act
This New Deal program was responsible for supporting farmers and supplying electricity to rural areas
Tennessee valley authority