Unit 4: The Great Depression

Question 1

When was the Attack on Pearl Harbor?

Answer 1

December 7, 1941

Question 2

Rate of unemployment during the height of the Great Depression:

Answer 2

25%

Question 3

Cause of the Great Depression:

Answer 3

Overproduction and underconsumption

Question 4

Capitalism has ________ & ________ cycles.

Answer 4

boom, bust

Question 5

NRA

Answer 5

National Recovery Administration

Question 6

What event pulls America out of the Great Depression? Why?

Answer 6

1. World War II
2. Massive spending and new jobs mobilized the economy

Question 7

The New Deal three R’s:

Answer 7

Relief, Reform, Recovery

Question 8

Black Sunday

Answer 8

• April 14, 1935
• the worst black blizzard of the Dust Bowl
• the term Dust Bowl becomes nationally used after

Question 9

Dust Bowl

Answer 9

What:
- Began at the start of the 1930s
- Affected OKLAHOMA, North Texas, etc.
Why:
- Homestead Act and the growing demand/prices for wheat (WW1) encouraged people to farm in the Plains
- Drought in the 1930s that new farmers (from the East) weren’t equipped to deal with (like the Native Americans that they kicked out)
- Farmers planted wheat with short roots that couldn’t stand against the wind
- Dust Bowl was man-made!!

Question 10

Fiscal policy

Answer 10

A government’s use of spending and taxing to manage the economy

Question 11

Supply-side economics & who favors it

Answer 11

1) What: increasing supply by lowering taxes and interest rates, decreasing regulations for businesses

2) The Republican party: consists of wealthy business owners so favor big businesses