Great Depression/New Deal Study Questions
Terms in this set (60)
A market that does not do well.
A market that does do well.
Who did people living in shacks blame for that?
What did poor people living in shacks name their shack towns?
Hoover lost the election because...
people blamed him for failing to stop the Great Depression. People voted for FDR.
People borrowed money for stocks and paid 10 percent to start. What is this called?
borrowing on margin
banks failed and...
people lost all their money in the bank, no bank insurance
Examples of a public work
building a dam, a school
Making too many goods was one thing that lead to the Great Depression. The name for making too many goods is..
Gross Domestic Product
total amount of goods and services sold in a country
New Deal Programs (by FDR) slowly decreased...
when people are out of work, NOT employed; if this decreases more people start going to work; if this increases more people are out of work
groups of workers that support the rights of workers
showed that the Federal Gov't would get involved to help people in a particular area of the US.
Unemployment slowly decreased
thanks to the New Deal and overall world problems became the focus of the US.
The role of the gov't was changed by...
FDR's New Deal program
Economy because of the New Deal was now...
the responsibility of the government
FDIC (Fed Deposit Insurance)
a New Deal law that insured bank accounts of people who put money in banks (depositors); this happened after the bank crash; a New Deal law created to stop a future Great Depression
The stock market crash caused...
an increase in unemployment
Families faced many problems during..
The Great Depression ( a topic sentence)
People who were paralyzed (crippled) could not...
People who were ____ could not work.
People who were sick and paralyzed had no way of getting ___.
Poor families had no_, no way to ____, and could not afford ___ during holidays
food; cook; gifts
Social Security Administration
helped the disabled and unemployed get some money
In 1931, kitchens such as in cities such as _____ were opened to give ____food and drink
Soup, coffee, and doughnuts
free foods and other stuff given at soup kitchens in cities such as Chicago
Hoover's idea to help the Great Depression was...
keep the gov't out of it as much as possible and let private charities and local communities give assistance to the poor. THIS DID NOT WORK.
Some people felt Hoover was wrong and that...
local communities and private charities could not handle the severe problems brought on the Great Depression.
Causes of the Great Depression
buying stocks on margin, demand for goods dropped, people overused credit
purchasing on margin
buy now and pay a little bit at a time later
Major cause of stock market crash
buying stocks on margin
when the stock market crashed...
workers became unemployed
Businesses lost their ____in banks that failed
When the stock market crashed and the banks failed, businesses had to ___ people.
The name of the day the stock market crashed
the group most hurt by the Great Depression
installment buying and overuse of credit
partly caused the Great Depression
a time of storms and drought that hit the Great Plains area of the US.
a time WITHOUT WATER
Pres. Hoover did not want the ___ involved to solve the Great Depression
Hoover lost the election to ...
Congress lost some____since FDR gained some power over them.
this hired people to build dams and generators and provided electricity
The year most families were suffering. Fathers were out of work. Many had no money for medicine. Mothers were sick. No Xmas gifts. Stoves broke down.
supported New Deal programs
The Supreme Court said this about many New Deal programs, that these programs went against the constitution.
Too much power and authority
Some people thought too much of this was given to the President by the New Deal
Some people thought this would be taken away by the New Deal
FDR can be compared to a _____trying to cure the country from the Great Depression
FDR gave _____ ______on the radio to help Americans be less anxious.
FDR proposed adding ______ _______to the Supreme Court so they would agree with him.
Emergnecy Banking Relief Act
allowed only healthy banks to stay open and gave Americans confidence in the banks .
Protecting bank customers savings
One effect of the New Deal that lasts to today.
This is in effect today.
Social Security Act which started with the New Deal.
Elderly, Disabled, children, unemployed
Social Security Act helped these groups.
All the FDR programs together are called the _ _
The New Deal tried to help _______ _______ and to battle the _______ ________.
economic recovery; Great Depression
Some people thought the New Deal was a danger to the _____ Enterprise system.
Free Enterprise is when businesses can be owned by __- _____
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