Great Depression Study Guide

Question 1

What is the name of the day on which the stock market crumbled and the beginning of the Great Depression?

Answer 1

Black Tuesday

Question 2

What were the causes of the stock market failure?

Answer 2

People started to sell all of the stock they owned because of plummeting prices, this caused the price of the stock to increase drastically, because of the increase in price no one was able to afford the gamble that purchasing stock would be

Question 3

What was the intended purpose of Franklin Roosevelt’s New Deal Plan?

Answer 3

The plan was created to restore American prosperity

Question 4

Describe the Dust Bowl

Answer 4

Drought-stricken southern plains region of the United States which suffered severe dust storms during the 1930s drought, people and livestock were killed and crops failed

Question 5

What are Hoovervilles?

Answer 5

Shanty towns built by the unemployed and destitute people during the Great Depression

Question 6

What was the New Deal Plan?

Answer 6

Programs and projects introduced by Franklin Roosevelt during the Great Depression to restore American prosperity

Question 7

What are Franklin Roosevelt’s Fireside Chats?

Answer 7

Late-night radio speeches made by Franklin Roosevelt to address the concerns of the people while also informing them of the positions and actions taken by the government

Question 8

What are Alphabet Agencies

Answer 8

Federal Government Agencies were created in the New Deal to stop the Great Depression

Question 9

What caused bank failure all over the country during the 1930s?

Answer 9

Because there was no insurance against bank closings, once the Great Depression started people became very afraid of losing their money so they withdrew as much as they could, this caused the banks to run out of money and go bankrupt

Question 10

What was the cause of the Dust Bowl?

Answer 10

A combination of drought and overfarming dried up the land causing massive dust storms to form

Question 11

What were the effects of the Dust Bowl?

Answer 11

The spreading of the dust storms killed crops, and ruined homes, food, and lives, causing the economy to worsen

Question 12

What was the Smoot-Hawley Tariff Act?

Answer 12

Certain foreign products were given extra high tariffs. the goal of the tariffs was to show isolationism and protect farmers from foreign competition, in the end, all it did was worsen the situation of the Great Depression

Question 13

What was the purpose of the New Deal Plan?

Answer 13

Restore American prosperity

Question 14

What impact did the New Deal have on the United States?

Answer 14

The government became much more involved in the economy and in people’s lives, many of the programs it introduced still exist today and were very beneficial in helping the US recover from the effects of the Great Depression

Question 15

What was the Mexican Repatriation of the 1930s?

Answer 15

President Hoover planned to deport all people Mexican people no matter if they were American or not to lower the damaged unemployment rates during the Great Depression

Question 16

What impacts did the Mexican Repatriation have?

Answer 16

The unemployment rates didn’t improve, all people deported lost their citizenship, and it was clear that President Hoover made decisions based on race

Question 17

What was the purpose of the Share Our Wealth Plan created by Huey Long?

Answer 17

He wanted all citizens to have enough money to live while also limiting the amount people could have and he gave pensions to vets and people over the age of 60, his goal was to put an end to the Great Depression

Question 18

What role was the government given in the lives of the people during the New Deal Plan?

Answer 18

The government gained more involvement in business to help reform the economy and improve the lives of those struggling, the gov also helped alleviate the suffering caused by the Great Depression and spur economic recovery

Question 19

What was Herbert Hoover (President at the start of the Great Depression) criticized for?

Answer 19

He didn’t think the gov should be involved in the economy, did little to combat the effects of the economic collapse, and was very stingy with government money

Question 20

What were the achievements of Franklin Roosevelt (elected during the Great Depression and served 4 terms)

Answer 20

He believed in reform or government involvement strongly, and he created the New Deal Program