Great Depression Quiz Flashcards
Great Depression Cause: Gap between…
rich and poor (widening)
Great Depression Cause: Reduction in…
purchasing
Great Depression Cause: Buying on…
credit
Great Depression Cause: Dust…
bowl
Great Depression Cause: Bank…
failures
Great Depression Cause: Hawley-…
Smoot tariff
Great Depression Cause: Stock Market…
crash
When banks failed, the two biggest problems were…
1 - people lost their savings
2 - people couldn’t get loans
2 - No more new loans
The four causes of the dust bowl were…
1) drought
2) high winds
3) overproduction of crops
4) removal of prairie grasses
The death spiral of an economy. What’s it look like?
People buying less stuff, which leads to
businesses having lower sales, which leads to
businesses laying people off, which leads to
people buying less stuff (and so on)
The Great Depression “began” when the stock market crashed, in…
late 1929 (Black Tuesday)
Financial and food assistance to people who are struggling is called…
relief
The president during most of the Great Depression?
Franklin D. Roosevelt
The Civilian Conservation Corps and the Works Progress Administration gave people…
jobs / work relief
FDR’s plan to fix the Great Depression was called…
The New Deal
