This economic practice allowed investors to borrow money to purchase stocks, leading to inflated stock prices before the market crashed in 1929.
What is buying on margin?
What environmental disaster during the 1930s resulted from a combination of over-farming and severe drought?
What is the Dust Bowl?
These makeshift communities, named after the president blamed for the Great Depression, housed many unemployed and homeless Americans.
What are Hoovervilles?
What was the name of Franklin D. Roosevelt’s plan to combat the Great Depression?
What is the New Deal?
This New Deal program provided millions of Americans with jobs through public works projects like building roads, bridges, and dams.
What is the WPA?
What economic imbalance occurred when businesses produced more goods than consumers could buy, leading to falling prices and layoffs?
What is overproduction and underconsumption?
This term describes the farmers who migrated westward in search of work after losing their farms during the Dust Bowl.
What are "Okies"?
This major public works project, started under Hoover but completed under FDR, helped provide jobs and hydroelectric power.
What is the Hoover Dam?
This program provided direct relief to the unemployed by creating jobs in conservation projects, such as planting trees and improving national parks.
What is the Civilian Conservation Corps (CCC)?
FDR’s New Deal focused on three main goals, known as the "Three R’s." What do the Three R’s stand for?
What are Relief, Recovery, and Reform?
What were two of the main causes of the increase in homelessness during the Great Depression?
What are unemployment and bank failures?
This term describes the massive dust storms that swept across the Great Plains during the 1930s, darkening the skies for miles.
What are "Black Blizzards"?
This event in 1932 involved thousands of World War I veterans marching on Washington, D.C.; Were put down violently by under the direction from Hoover.
What is the Bonus Army March?
This New Deal program aimed to reform the banking system and restore public confidence by insuring deposits.
What is the Federal Deposit Insurance Corporation (FDIC)?
What was the main goal of the Securities and Exchange Commission (SEC), created during the New Deal?
What is to regulate the stock market and prevent another crash?
One cause of the Great Depression was this economic behavior, where people invested in stocks expecting quick profits rather than long-term company growth.
What is stock speculation?
Name two key factors that contributed to the Dust Bowl.
What are over-farming and drought?
What was the public’s reaction to the government’s treatment of the Bonus Army?
What is outrage and loss of support for Hoover?
This program aimed to help struggling farmers by paying them to reduce crop production, ultimately stabilizing prices.
What is the Agricultural Adjustment Act (AAA)?
This program provided electricity to rural areas, improving the quality of life for millions of Americans.
What is the Tennessee Valley Authority (TVA)?
Name three effects of the Great Depression.
What are unemployment, bank runs, and poverty?
This famous novel by John Steinbeck depicted the struggles of a migrant farming family fleeing the Dust Bowl.
What is The Grapes of Wrath?
Herbert Hoover believed in this philosophy, which emphasized self-reliance and minimal government intervention in the economy.
What is rugged individualism?
Many New Deal programs continue to impact the U.S. today. What is one lasting effect of the New Deal that is still in place?
What is Social Security, FDIC insurance, or the Securities and Exchange Commission (SEC)
The SEC and FDIC is an example of which part of the Three R strategy under FDR's New Deal?
What is Reform?