New Deal
He was the United States president that gave "relief" through programs he created to Americans during the Great Depression.
Franklin D. Roosevelt
A place where stocks and bonds are “traded” – meaning bought and sold
The Stock Market
Who was the United States president during the early years of the great depression?
Herbert Hoover
What event is often considered to be the starting point of the Great Depression. (Provide the year)
The stock market crash of 1929.
What is the name of the relief programs introduce by FDR during the Great Depression.
A) The Act of Relief
B) Relief Act
C) New Deal
D) Newton Deal
What is B) New Deal?
A tax on goods bought from another country
Tariff
Which term was used to the region of the American mid-west that suffered a devastating drought full of huge dirt storms during the 1930's.
What is the Dust Bowl?
October 29, 1929 is also known as this. Hint: So many people were trying to sell their stocks, and no one wanted to buy.
Black Tuesday
President FDR's policies during the Great Depression shows his belief that?
A) The government should never become involved in the economy.
B) The government should step in and help in the economy.
C) The Great Depression was caused by labor union strikes.
D) None of the Above
B) The government should step in and help in the economy.
Buying more stock than one can afford because your think the economy will continue to get better
Overspeculation
What were the "shanty towns" that unemployed and poor people often lived in?
Hoovervilles
What was a basic cause of The Great Depression?
a) too many goods being produces and not enough people buying them.
b) excessive profits for farmers and their families.
c) increased wages for workers meant that too much money was being made.
d) people were being taxed at a high level and they were unhappy
What is a) overproduction of consumer goods?
The three R's of stood for
Relief
Recovery
Reform
The nation’s bank that supports all the countries’ banks
The Federal Reserve
During the Great Depression, people would line up at ____________ to get food. Unemployed workers and families waited to get food from these.
What are soup kitchens/breadlines?
True or False. When the stock market crashed, many people couldn't pay back the money they had borrowed.
What is the vocabulary word we use for when people use borrowed money to buy stocks?
True.
Buying on Margin.
Which New Deal Program created laws that allowed workers to join unions and work together for better pay on certain conditions?
a) FDIC b) SSA
c) NLRA d) WPA
C) The National Labor Relations Act
True or False: People who buy stock on margin use money they have earned to buy stock.
False, who can tell me what's wrong with the statement?
How were African Americans treated during the Great Depression?
Disproportionately impacted. They were discriminated against in New Deal Agencies. Had over 50% on unemployment for African American male workers.
How did high tariffs have a NEGATIVE impact on American business?
It hurt trade between Europe and the US.