Stock Market/Banks
What is the nickname of the the day the stock market crashed?
Black Tuesday
The purpose of the TVA was to--
Provide flood control, electricity generation, economic development, and new jobs.
The Dust Bowl was--
The region of the Midwest that experienced extremely arid conditions and long, destructive dust storms which destroyed crops and farmland.
What were the criticisms of the New Deal?
BIG government and deficit spending.
What aspect of the Great Depression is illustrated by the political cartoon below?
Bank failures
The purpose of the WPA was to--
Build roads, public buildings, and create jobs.
The photograph below shows a condition of the 1930s caused by--
Overfarming and drought.
The statement below shows Huey Long's plan to--
End the Great Depression.
What a cause of bank failures in the early 1930s?
People who feared that the banks would close rushed to withdraw their money.
The purpose of the AAA was to--
Pay farmers subsidies to not plant on part of their land in order to raise the value of crops.
The ultimate purpose of the New Deal was to--
End the Great Depression.
What were Hoovervilles?
The nickname for tent villages filled with people who had lost their homes or jobs during the Great Depression.
Which of the following was NOT a cause of the Stock Market Crash?
A. Prices were inflated by overspeculation.
B. A stock sell-off that got out of control.
C. Systemic racism in the investment and banking fields.
D. Investors buying "on margin."
C. Systemic racism in the investment and banking fields.
The purpose of the FDIC was to--
Provide deposit insurance to customers of U.S. banks to restore trust in the banking system.
The legacy of the New Deal included--
The U.S. government taking a larger role in people's lives.
What aspect of the Great Depression is illustrated by the photograph below?
Hoovervilles
The October 1929 collapse of stock prices as investors rushed to sell off shares causing stock prices to drop dramatically was called the--
Stock Market Crash
The WPA, FDIC, and TVA were all--
New Deal agencies established by Franklin D. Roosevelt's administration to help alleviate the suffering caused by the Great Depression and spur economic recovery.
The purpose of FDR's Social Security program was to--
Provide benefits for retired people and the unemployed through a payroll tax
The photograph below shows a project created by the mobster Al Capone to--
Feed those who faced poverty and food insecurity during the Great Depression.