stock market crash
started the Great Depression
the first day of the Depression that saw the collapse of stock prices
President at the time of the Depression
President who was elected in 1932
the plan Franklin Roosevelt began his program with
the first 100 days of Franklin Roosevelts term when he encouraged legislation that would alleviate the Depression
legislation passed to give money and help to the American people
aimed at getting industry working again
meant to change policy so that the nation would not be hurt so severely again
what were signs of economic trouble in the 1920s?
low prices for farm products, an unregulated stock market, depressed textile and coal industries
what causes a stock market crash?
too many people trying to sell stock
what caused banks to go out of business in the 1930s?
people no being able to repay loans
in what way was the Great Depression different from other depressions in US history?
the Great Depression was longer
what caused the Bonus Army to march on Washington DC?
hard times caused WWI veterans to march for money
what was the effect of the Bonus Army march?
people began to distrust the government
what personal qualities helped Roosevelt get elected?
a positive, optimistic attitude
the CCC (Civilian Conservation Corps) was an example of what kind of program?
the FDIC ( Federal Deposit Insurance Corporation) was an example of what kind of program?
which of the following was a reason some people criticized the New Deal?
it did not help enough people
why did Roosevelt call for a plan to expand the Supreme Court?
it would allow him to appoint judges who agreed with him
how did people respond to Roosevelts plan to expand the court?
most people were against it
how did the National Labor Relations Board help labor unions?
it allowed unions the right to collective bargaining
what was the purpose of the Social Security Act?
to guarantee old age pensions and unemployment insurance
what were the major arguments against the New Deal?
government had become too powerful and begun deficit spending
what were the major arguments in favor of the New Deal?
it helped many citizens and saved the democratic system
what was true about women during the Depression?
they often lost their jobs to men, the number of working married women increased
how did Franklin Roosevelt show his support of African Americans?
he formed a Black Cabinet to get advice on Black issues
what was true about the way Asian Americans were treated during the Depression?
they were encouraged to return to their native countries
which of the following was true of Native Americans during the Depression?
they were given more control over their land
what was true about art in the 1930s?
art was encouraged and used to create new jobs
be able to draw a diagram of a typical economic cycle - be sure to label steps in detail
prosperity (good economic times), surpluses are created whcih cannot be sold, workers are laid off - with no income are unable to buy other goods, more factories lay off, depression recession - some factores go out of business, surpluses are used up - workers hired to meet demand, workers begin to spend wages, more factories open and hire - workers buy more products