Depression :(
Who was the president during the stock market crash of 1929?
Herbert Hoover
The process of rock or soil being moved to another location by wind or water.
Erosion
Legislation focused on preventing another Great Depression. Typically regulatory actions on banks.
Reform
F.D.R.'s weekly radio talks to Americans were known as what?
Fire Side Chats
Purchasing stocks on credit, or with borrowed money.
Buying on Margin
A shanty town built by the homeless named after a president in spite.
Hooverville
These programs were designed to deliver immediate help for those that need food or shelter. These programs were often temporary.
Relief
What does the "D" in F.D.R. stand for?
Delano
An import tax intended to raise the price of foreign goods.
A protective tariff
What was the name for the Great Plains regions hit by drought and dust storms in the early 1930s?
The Dust Bowl
These programs were created to promote economic healing. These programs encouraged spending and created demand for goods.
Recovery
What is a bank run?
When a large amount of people rush to withdraw their savings all at once.
Farmers hit hardest in states affected by the Dust Bowl were called what?
The Okies
Which program was set up in order to provide jobs and shelter to young men?
The Civilian Conservation Corps (CCC)
What was one direct reason why banks failed in 1929?
People rushed to withdraw their savings.
Unemployed workers and businesses were unable to pay off the bank loans.
Which program is still active today and was set up to provide deposit insurance to customers in banks?
Federal Deposit Insurance Corporation (FDIC)