Show:
Causes of
Great Deprssion
The Effects
Hoover
New Deal
Potpourri
100
When consumers agreed to buy now and pay later for purchases, it was called what?

Buying on Credit

100

Little towns consisting of shacks that sprang up throughout the country were called what?

Shantytowns/ Hoovervilles

100

Who was the president when the Great Depression started?

Herbert Hoover

100

Who won the 1932 presidential election?

Franklin Roosevelt FDR
100
The period from 1929-1940 in which the economy plummeted and unemployment skyrockedt was called what?

The Great Depression

200

The most widely used barometer of the stock market was called what?

Dow Jones Industrial Average

200

What were two ways the poor and homeless were able to get food?

Soup kitchens / Bread lines

200

Name the major gov't program from Pres Hoover that helped put Americans back to work?

Boulder Dam Project/ Hoover Dam

200

FDR's weekly radio addresses talking about issues of public concern were called what?

Fireside Chats

200

Who was the first lady and FDR's wife and known for traveling the country observing social conditions?

Eleanor Roosevelt
300

The day the stock market crashed is called what?

Black Tuesday

300

Giving cash payments or food provieded by the gov't directly to the poor is called what?

Direct relief

300

What act did Hoover pass that helped Americans keep their homes?

Federal Home Loan Bank Act

300

FDR's New Deal had 3 goals, what were they?

1. Relief for the needy

2. Economic Recovery

3. Financial Reform

300

What established the highest protective tariff in US history to protect US farmers?

Hawley-Smoot Tariff Act

400

Paying a small percentage of a stock's price as a down payment and borrowing the rest is called what?

Buying on Margin

400

What did the government believe was best for the economy at the beginning of the Great Depression?

To do nothing

400

The WWI veterans that showed up to DC to support the Patman Bill which was payment for WWI were called what?

Bonus Army

400

What organization was created to provide insurance for individual bank accounts if the bank failed?

FDIC

400

Name 4 of the 5 states affected by the Dust Bowl.

1. Kansas

2. Oklahoma

3. Texas

4. New Mexico

5. Colorado

500

What were the 4 major causes of the Great Depression?

1. Tariffs/War debt policies

2. Crisis in farm sector

3. Too easy of credit

4. Unequal distribution of wealth

500

What was the effect of a major drought and exhausted farm land from overproduction of crops called?

Dust Bowl

500

What Hoover creation provied $2 Billion in financing for banks, life insurance companies, and railroads in hopes the money would trickle down to average citizens?

Reconstruction Finance Corporation (RFC)

500

Name the 3 work relief programs under the New Deal.

1. Civilian Conservation Corps (CCC)

2. Public Works Administration (PWA)

3. National Industrial Recovery Act (NIRA)

500

Name the 2 reason why FDR needed the 2nd New Deal.

1. Economic gains were not as great as expected

2. Unemployment remained high