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Eighth Grade Social Studies > Great Depression > Flashcards

Great Depression Flashcards

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1
Q

What were the causes of the Great Depression?

A

Stock Market Crash, weak banks, overproduction

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2
Q

Who made up the Bonus Army?

A

WWI veterans who wanted a promised bonus early.

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3
Q

What was a major cause of the stock market crash?

A

buying stocks on margin

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4
Q

Which New Deal programs still exist today?

A

Social Security and Federal Deposit Insurance Corporation

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5
Q

What was the purpose of the Tennessee Valley Authority?

A

provide jobs and electricity to the Tennessee River Valley

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6
Q

What were FDRs goal for the solving the problems of the Great Depression?

A

relief, recovery, reform

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7
Q

Which New Deal program established a system of unemployment insurance and pensions for retired workers?

A

Social Security Act

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8
Q

What area of the United States did the Dust Bowl occur?

A

Great Plains

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9
Q

Which New Deal program employed men between the ages of 18-25 working conservation jobs?

A

CCC-Civilian Conservation Corp

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10
Q

Which New Deal program was enacted to protect people’s savings?

A

FDIC-Federal Deposit Insurance Corporation

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11
Q

What were the causes of the Dust Bowl?

A

drought and overgrazing

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12
Q

What was FDR’s first action as President to try and end the economic crisis?

A

declare a bank holiday

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13
Q

Why did critics oppose the New Deal?

A

interfered too much with business and with people’s lives, increased the power of government.

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14
Q

Why did President Roosevelt try to enlarge the Supreme Court?

A

to appoint Supreme Court Justices who would support his programs.

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15
Q

How did critics of the New Deal propose to end the depression?

A

heavy taxes on the rich, provide a pension for people over 60, provide every family with a house, a car, and a decent income.

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16
Q

How did relief programs help the unemployed?

A

gave them jobs and financial assistance

17
Q

When did the stock market crash?

A

Black Tuesday- Oct. 29, 1929

18
Q

Define bankrupt.

A

unable to pay debts.

19
Q

How did Hoover respond to the Depression?

A

He believed that government should not get involved.

20
Q

Define relief programs.

A

programs designed to help the needy.

21
Q

What was the Reconstruction Finance Corporation?

A

it loaned money to banks, railroads, and insurance companies to help them stay in business.

22
Q

What were public works projects?

A

projects built by government for public use. The government hired workers to build schools, construct dams, and pave highways.

23
Q

Define bonus.

A

additional sum of money.

24
Q

Define brain trust.

A

college professors who were experts on economic issues hired to provide advice to FDR.

25
Q

Define bank holiday.

A

FDR closed every bank in the country for four days. The banks were not allowed to reopen until they could meet the needs of depositors.

26
Q

Define fireside chat.

A

radio speeches FDR gave from a chair near a fire place in the White House. FDR gave 30 radio speeches.

27
Q

Buying on Margin

A

the purchasing stock with a little money down with the promise of paying the balance at sometime in the future.

28
Q

Hoovervilles

A

shanty towns that the unemployed built in the cities during the early years of the depression; the name given to them shows that the people blamed hoover directly for the depression.

29
Q

Dust Bowl

A

the geographic area, including the Texas panhandle, hardest hit by the drought during the 1930s where the soil was so dry it blew away in great clouds of dust.

30
Q

New Deal

A

series of new laws and programs introduced by president Roosevelt during depression to create jobs and improve the economy. Programs like P.W.A. and W.P.A.

31
Q

WPA-Works Progress Administration

A

put jobless to work building hospitals, schools, parks, and airports

32
Q

National Industrial Recovery Act

A

set standards in wages, production,and prices

33
Q

AAA-Agricultural Adjustment Act

A

asked farmers to reduce production and destroy surpluses

34
Q

TVA-Tennessee Valley Authority

A

gave jobs rebuilding the Tennessee Valley; brought flood relief and hydroelectric power to the area

35
Q

Huey Long

A

critic of the New Deal; claimed that the US did not do enough for the poor; called to “Share our Wealth”

36
Q

Francis Townsend

A

critic of the New Deal; felt that the New Deal did not do enough for the elderly

37
Q

deficit spending

A

spending more than the government has

38
Q

national debt

A

total sum of money that the government owes; caused by deficit spending

Eighth Grade Social Studies (14 decks)

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