American History: Hard Times & Hope: Depression & New Deal

Question 1

Set up by President Hoover near the end of his Presidency

Loans money to banks and insurance companies

Answer 1

RFC (Reconstruction Finance Corporation)

Question 2

Happened in October, 1929.

Single most devastating day in the history of the New York Stock Exchange

Answer 2

The Great Crash

Question 3

Events in 1930s after stock market crash in 1929.

Answer 3

The Great Depression

Question 4

1. Unemployment and decreased spending
2. Inability to sell goods and services
3. Production cuts

Continues uninterrupted and results in underemployment

Answer 4

Deflationary Cycle

Question 5

Name for shantytowns, made of box crates and loose timber.

Located on fringes of cities and towns during depressions.

Answer 5

Hoovervilles

Question 6

Leander of powerful political machine in Louisiana

Elected to Senate

Had a plan to combat the Great Depression, Share Our Wealth

Answer 6

Huey P. Long

Question 7

Plan by Huey P. Long that would combat the Great Depression that promised economic security, basic shelter, basic income, guaranteed health insurance, education for children, and pension for older people.

Used suit method

Wouldn’t work under capitalism Democracy

Answer 7

Share Our Wealth

Question 8

Organizations founded to stop the pain of the depression

Public Works Administration (PWA)

Works Projects Administration (WPA)

Home Owners Loan Corporation (HOLC)

Answer 8

Relief

Question 9

Founded to help people get better from the depression

National Recovery Administration (NRA)

Answer 9

Recovery

Question 10

Founded to change ways from the depression

Tennessee Valley Authority (TVA)

Social Security Act (SSA)

National Labor Relations Act (NLRA)

Answer 10

Reform

Question 11

Big businesses

Radicals

Supreme Court

Answer 11

New Deal critics

Question 12

When the government takes as a broad responsibility, the social and economic welfare of its people.

Answer 12

Welfare State

Question 13

Challenge against the Welfare State

Answer 13

Conservative Challenge

Question 14

President who proposed the Fair Deal, which would keep America as a welfare state

Answer 14

Truman

Question 15

President who had a plan called Republicanism, where the republicans would accept the welfare state.

Answer 15

Eisenhower

Question 16

President who created the Great Society, the most significant boost of the welfare state.

Created Medicare, Medicaid, federal aid to College students, work study programs, head start programs, and war on poverty.

Answer 16

Johnson

Question 17

First President since the New Deal to be boldly against the welfare state

Answer 17

Reagan

Question 18

President for most of the 1990s

Answer 18

Clinton