Crash and Collapse
What risky behavior caused stock prices to rise too high in the 1920s?
What is overspeculation or speculation
What were makeshift homeless camps named after President Hoover called?
What is Hoovervilles
What was the name of FDR’s plan to combat the Great Depression?
What is The New Deal
The American Liberty League believed the was a problem with FDR's New Deal, what was this problem?
What is the New Deal gave the government too much power?
What did the FDIC do to protect Americans’ savings?
What is Guaranteed bank deposits (Bank Insuarance)
What was Roosevelt’s first major banking action when he became president in 1933, temporarily closing banks? Give the two-word term used in the slides.
What is Bank Holiday
What was the name of the day the stock market crashed in 1929?
Black Tuesday
What happened to many Americans' savings when banks had invested in the stock market and the market crashed?
They lost their savings because banks had invested in the market and suffered losses; without deposit insurance, many families lost accounts.
What did the CCC (Civilian Conservation Corps) do?
What is to provide jobs for young men on conservation projects
Why did Huey Long criticize the New Deal, and what was his alternative proposal?
What is Long believed it didn’t do enough for the poor and proposed the “Share Our Wealth” program.
What does the Social Security Administration provide?
What is Financial support for the elderly, unemployed, and disabled
What kinds of public aid places provided free food to many people during the Depression (two-word phrase from the slides)?
What are soup kitchens or bread lines
Why did many banks fail after the stock market crash?
They had invested in the market and lost money and Bank Runs (panicking people running to take cash out)
Explain why many families faced foreclosures during the Great Depression.
What is businesses cut production and workers lost jobs; many could not make mortgage payments, leading lenders to foreclose homes.
What was the purpose of Roosevelt’s fireside chats as described in the slides?
What is to calm fears and restore confidence in government and banks
After Roosevelt was elected to a fourth presidential term, the Twenty-Second Amendment was passed, what does it do?
What is ,which limits presidents to two terms
What was the purpose of the Securities and Exchange Commission (SEC)?
What is to regulate the stock market and enforce fair practices
what was the unemployment rate during The Great Depression
What is 25%
What was the goal of the Smoot-Hawley Tariff, and what was its unintended effect?
What is to protect U.S. goods, but it reduced international trade
How did the economic depression influence government policies regarding ethnic groups and immigration?
What is limiting immigration, and the Mexican Repatriation Act
What was the purpose of the Public Works Administration?
What is to create jobs by building public infrastructure
What was FDR’s court-packing plan, and why was it rejected?
What is FDR wanted to add justices to support his policies; Congress feared it gave him too much power
How did the Soil Conservation Service help prevent future environmental disasters?
What is it provided technical and financial support to prevent soil erosion and improve soil health.
Describe at least 3 reason for the Great Depression
What are
1. The stock market crash
2. Bank Failures
3. Overproduction
4. Poor government policies (Smoot-Hawley Tariff Act , and increase in interest rates)
(Dust Bowl aggravated the depression but did not cause it)
How did the Federal Reserve’s actions after the crash worsen the economy?
What is the Fed raised interest rates and didn’t support struggling banks
What caused the Dust Bowl besides drought?
What is ears of poor farming practices and overproduction weakened soil; then severe drought turned dry soil to dust, causing massive dust storms that buried homes and ruined farmland.
Describe the three main goals of the New Deal according to the slides (list the three words used).
Relief, Recovery and Reform
What Amendment was the Supreme courts decision of striking down Roosevelts What did the Supreme Court use to overturn some New Deal laws?
What is the Tenth Amendment or states rights
How did the New Deal permanently change the role of the federal government in American life? Use examples from at least two programs.
What is federal government remains deeply involved in economic affairs and continues to play a significant role in the welfare of its citizens
Explain one social or cultural way Americans found hope or relief during the Depression, as noted in the slides.
What are Hollywood musicals and comedies uplifted spirits; country-and-western singers like Gene Autry resonated with people.