Stock Market
Great Depression
Dust Bowl
Policies
Free Game
100
A stock market is defined as...
All transactions involving the buying and selling of stock shares issued by a company.
100
List some of the bad banking habits that led to the Great Depression
not enough reserves
giving too much credit
using deposits to speculate in the stock market
100
In the 1930's a drought turned the Great Planes dry and created...
The Dust Bowl
100
Define Public works
One idea to help get people out of the great depression through projects such as highways, parks, and libraries built with public funds for public use is called
100
The CCC stands for
The Civilian Conservation Corps (CCC)
A voluntary government work relief program that ran from 1933 to 1942 in the United States for unemployed, unmarried men ages 18–25 and eventually expanded to ages 17–28.
200
When the bank demands the immediate repayment of all loans its called...
A Margin Call
200
Explain the role of Hollywood, novels, and escapism during the Depression
Offered a temporary distraction from the harsh realities of their daily lives through glamorous stories, romantic plots, and fantastical settings, allowing them to mentally escape their anxieties and hardships by immersing themselves in fictional worlds
200
_________ was one of the root causes of the Depression. Farmers made too many products, and the prices fell to levels that did not allow them to make a profit or pay back their WW1 loans
Farm Overproduction
200
FDR believed in Direct Relief or
The giving of money or food by the government directly to needy people
200
This image was taken during what American environmental disaster?
The Dust Bowl
300
When there is a steady drop in the stock market over a period of time it is called...
A Bear Market
300
When was Black Thursday and What happened?
October 24, 1929; stock market crashes and almost 13 million shares are sold that day alone
300
What derogatory name given to mid westerners fleeting to California to escape the "dust bowl"
Oakies and Arkies
300
Belief that relief should come from companies voluntarily not laying off workers or cutting wages is called
volunteerism
300
The Hawley-Smoot Tariff charged a _____ tax for imports thereby leading to _____ trade between America and foreign countries
High, Less
400
A Bull Market is a period of ________ stock trading and ____ stock prices
Increased, Rising
400
The Four leading causes of the great depression were...
1. Stock Market Crash
2. Tariffs- mainly the Smoot-Hawley Tariff
3. Overproduction in industries
4. Widespread bank failures
400
Immediate Effects of the Dust Bowl
Severe drought, crops died, dust blew across the entire western grasslands
A quarter of the population left - mostly to California
Many died due to “dust pneumonia”
President Franklin D Roosevelt implemented several ambitious government programs
400
Herbert Hoover believed strongly in
Rugged Individualism- belief that people must be self-reliant and not depend upon the federal government for assistance.
400
This Act was part of FDR's New Deal and designed to address the social concerns of poverty, unemployment and dependent families
The Social Security Act of 1935 or the SSA
500
A situation in which many depositors simultaneously decide to withdraw money from a bank is called...
A Bank Run or Run on the Bank
500
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The Image is an example of
Hoovervilles
or
a shantytown built by unemployed and destitute people during the Depression of the early 1930s.
500
What parts of the US were most affected by the Dust Bowl
Colorado, Kansas, New Mexico, Texas, Oklahoma
500
Lasting effects of FDR's Policies
1. increased government involvement in welfare
2. 22nd Amendment (presidents only 2 terms)
2. increase in the size of the federal (national) government
500
When was Black Thursday and what happened?
October 24, 1929; stock market crashes and almost 13 million shares are sold that day alone