Causes of the GD
What are (4) causes of the Great Depression?
1. Speculation in the stock market
2. Risky lending by banks
3. Low interest rates
4. uneven wealth
5. Overproduction
6. Falling demand form products
Which program created industry wide codes for fair practices for the employed?
National Recovery Administration (NRA)
What program instructed what crops not to grow and which livestock not to raise?
AAA
What was the first feature-length animated film in America?
Snow White and the Seven Dwarfs
This is when possession of a property is taken from a mortgagor because of defaults on payments?
Foreclosure
This is when many depositors decide to withdraw their money at one time?
Bank run
Which program allowed for legalized collective bargaining among union members?
Wagner Act
What is the name of the bold series of programs and reforms that President Franklin Roosevelt launched in 1935?
The Second New Deal
What was the name of the group of World War I veterans who marched on Washington in 1932 demanding immediate payment for wartime services to alleviate the economic hardship of the Great Depression?
Bonus Army
These were radio broadcasts made by President Roosevelt to the American people to explain his initiatives for the nation?
Fireside Chats
This is when companies make more goods than people can buy, causing a decrease in sales?
Overproduction
Which program was responsible for regulating the stock market?
Securities and Exchange Commission
This is the government practice of borrowing money to pay for programs and not balancing the budget?
Deficit spending
Many homeless American's built shantytowns across the United States known as?
Hoovervilles
What is the government practice of spending borrowed money rather than raising taxes which is usually used as an attempt to boost the economy during an economic downfall?
Deficit Spending
Buying on margin was a method of buying stocks how?
With mostly borrowed money.
Name (2) New Deal Programs still in use today?
1. FDIC
2. SS
3. TVA
4. SEC
Which New Deal program was created to bring electrical power and recovery to parts of the South?
TVA
At the height of the Great Depression, what percent of American's were unemployed?
25%
These were farm families from Oklahoma that were forced to migrate to California during the dust bowl of the 1930s in search of jobs?
Okies
Stockbrokers who make loans that allow investors to buy stocks could issue a ___________ to protect their loans?
Margin Call
Which New Deal agency focused on restoring and maintaining forest, beaches, and parks across the United States?
Civilian Conservation Corps
What were the three "R"s that the New Deal programs focused on improving?
1. Relief
2. Recovery
3. Reform
What tariff passed by Congress led to higher taxes on U.S. imports which ultimately led to less trade between America and foreign countries?
Hawley-Smoot Tariff
What was the date of the worst stock-market crash in American History?
October 29, 1929
"Black Tuesday"