Great Depression

Question 1

What were the causes of the Great Depression?

Answer 1

Stock Market Crash, weak banks, overproduction

Question 2

Who made up the Bonus Army?

Answer 2

WWI veterans who wanted a promised bonus early.

Question 3

What was a major cause of the stock market crash?

Answer 3

buying stocks on margin

Question 4

Which New Deal programs still exist today?

Answer 4

Social Security and Federal Deposit Insurance Corporation

Question 5

What was the purpose of the Tennessee Valley Authority?

Answer 5

provide jobs and electricity to the Tennessee River Valley

Question 6

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

Answer 6

relief, recovery, reform

Question 7

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

Answer 7

Social Security Act

Question 8

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

Answer 8

Great Plains

Question 9

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

Answer 9

CCC-Civilian Conservation Corp

Question 10

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

Answer 10

FDIC-Federal Deposit Insurance Corporation

Question 11

What were the causes of the Dust Bowl?

Answer 11

drought and overgrazing

Question 12

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

Answer 12

declare a bank holiday

Question 13

Why did critics oppose the New Deal?

Answer 13

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

Question 14

Why did President Roosevelt try to enlarge the Supreme Court?

Answer 14

to appoint Supreme Court Justices who would support his programs.

Question 15

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

Answer 15

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

Question 16

How did relief programs help the unemployed?

Answer 16

gave them jobs and financial assistance

Question 17

When did the stock market crash?

Answer 17

Black Tuesday- Oct. 29, 1929

Question 18

Define bankrupt.

Answer 18

unable to pay debts.

Question 19

How did Hoover respond to the Depression?

Answer 19

He believed that government should not get involved.

Question 20

Define relief programs.

Answer 20

programs designed to help the needy.

Question 21

What was the Reconstruction Finance Corporation?

Answer 21

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

Question 22

What were public works projects?

Answer 22

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

Question 23

Define bonus.

Answer 23

additional sum of money.

Question 24

Define brain trust.

Answer 24

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

Question 25

Define bank holiday.

Answer 25

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.

Question 26

Define fireside chat.

Answer 26

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

Question 27

Buying on Margin

Answer 27

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

Question 28

Hoovervilles

Answer 28

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.

Question 29

Dust Bowl

Answer 29

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.

Question 30

New Deal

Answer 30

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.

Question 31

WPA-Works Progress Administration

Answer 31

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

Question 32

National Industrial Recovery Act

Answer 32

set standards in wages, production,and prices

Question 33

AAA-Agricultural Adjustment Act

Answer 33

asked farmers to reduce production and destroy surpluses

Question 34

TVA-Tennessee Valley Authority

Answer 34

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

Question 35

Huey Long

Answer 35

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

Question 36

Francis Townsend

Answer 36

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

Question 37

deficit spending

Answer 37

spending more than the government has

Question 38

national debt

Answer 38

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