Franklin D. Roosevelt

Question 1

Who did Roosevelt defeat in the 1932 election?

Answer 1

Herbert Hoover

Question 2

How many elections did FDR win?

Answer 2

4

Question 3

Who was FDR’s vice president?

Answer 3

Harry S. Truman

Question 4

When did Harry S. Truman become president?

Answer 4

April 1945 (during WW2)

Question 5

Why were businesses laying off workers towards the end of the 1920’s in America?

Answer 5

the demand for goods was decreasing

Question 6

Give a reason why sales of consumer goods were falling in America?

Answer 6

profits weren’t passed on to workers

Question 7

Give a reason why the cost of living was increasing in America?

Answer 7

wages were falling

Question 8

Why was the amount of share speculation risky for the US economy?

Answer 8

there wasn’t enough money being spent of goods

Question 9

Define share speculation

Answer 9

the act of buying something hoping that the value will increase and then selling at a higher price in order to make a profit

Question 10

What happened on black Tuesday?

Answer 10

the stock market collapsed

Question 11

How much money in total did investors lose on black Tuesday?

Answer 11

$14,000,000,000 (14 billion USD)

Question 12

When was black Tuesday?

Answer 12

October 29th 1929

Question 13

Why did the events of black Tuesday lea to a domestic economic disaster?

Answer 13

• banks collapsed
• businesses collapsed
• people lost trust in the banks

Question 14

Why did the events of black Tuesday lead to a global economic disaster?

Answer 14

the USA recalled foreign loans to help pay off debts

Question 15

How much did unemployment rise during the great depression?

Answer 15

3 million - 12 million

Question 16

What was Roosevelts famous quote design to reassure American citizens?

Answer 16

“had nothing to fear but fear itself”

Question 17

What were the measures that FDR took to alleviate problems called?

Answer 17

New Deals

Question 18

Name 2 things that the First New Deal did to help the American economy?

Answer 18

• regulated stock markets
• decreased the value of the dollar
• gave loans to struggling farmers and homeowner

Question 19

What were ‘alphabet agencies’?

Answer 19

• created by the first new deal
• aimed to give work to young men (18-25)
• developed a national and state park system
• work involved building roads, felling trees, ect …

Question 20

What did the wagner act of 1935 do?

Answer 20

confirmed the right of trade unions to collectively bargain wages

Question 21

How did the 1935 social security act help unemployment?

Answer 21

gave the unemployed $18 per week for 16 weeks

Question 22

How did the 1935 Revenue Act help pay for Roosevelts new deels?

Answer 22

increased the top level of tax from 63% to 79%

Question 23

How did the 1938 Fair Labour Standards Act help ordinary workers?

Answer 23

• introduced a minimum wage of 40 cents per hour
• created a maximum wiring week of 40 hours

Question 24

Why was 1941 an important year in recovery from the effects of the depression?

Answer 24

• 1/2 unemployment
• wages doubled

Question 25

Give 2 pieces of information which prove that the American economy was enormously aided by WW2?

Answer 25

• 12 million men in the army by 1945
• known as the ‘arsenal of democracy’

Question 26

What happened to the US GDP from 1938 - 1945?

Answer 26

raised from $85.2 billion to $213.6 billion