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S.S. Ch. 25
| Question | Answer |
|---|---|
| Purchasing stocks on credit, or with borrowed money. These stockholders planned to sell the stocks at a higher price, pay back the loan, and keep what remained as profits. This plan only worked if the stock values went up. | Buying on Margin |
| On Tuesday October 29th the stock market crashed. So many people wanted to sell their stocks and so few wanted to buy, so that stock prices collapsed. | Black Tuesday |
| The up and down pattern of more workers being hired and unemployment drops. | Business Cycle |
| The economy did not recover quickly from the downturn that began in 1929. It was called this because of its severity and length. | Great Depression |
| A Hooversville town with more than 17,000 that were WWWI veterans, some with their families. They had come to the capital to demand early payment of a military bonus. after the government denied the payments, most of the veterans returned home. | Bonus Army |
| He lived from 1882-1945. He was the 32nd President of the United States, he led the country through the great depression and WWII. He served four terms, more than any other president. | Franklin Delano Roosevelt |
| Roosevelt and Congress worked together to create new programs to battle the Depression and aid economic recovery. The programs were known as this. | New Deal |
| Radio addresses in which he(FDR) spoke directly to the American people. | Fireside Chats |
| She lived from 1882-1962. She was the Secretary of Labor under Franklin Roosevelt. She helped draft New Deal legislation and was the first female Cabinet member | Frances Perkins |
| She lived from 1884-1962. She was an author, diplomat, humanitarian, and first lady to Franklin D. Roosevelt. She supported much New Deal legislaion aimed at young people and minorities. | Eleanor Roosevelt |
| It passes in 1935, provided some financial security for the elderly, disabled, and the unemployed. | Social Security Act |
| A.K.A. CIO. it organized workers into Unions based on industry, not skill level. | Congress of Industrial Orginizations |
| A strategy where workers stayed in the factories so they could not be replaced by new workers. | Sit-Down Strike |
| Massive dust storms swept the region, turning parts of the Great Plains. | Dust Bowl |
| She lived from 1875-1955. An African American educator and leader who rose to national prominence during the presidency of Franklin Roosevelt, who appointed her Director of Negro Affairs. | Mary Mclead Bethune |
| He lived from 1902-1968. He was a writer who captured the desperation of Americans struggling through the Great Depression, especially those affected by the Dust Bowl. | John Steinbeck |
| He lived from 1912-1967. A folksinger who expressed the desperation felt by millions of Americans during the Great Depression, espically those rural residents hit by the Dust Bowl. | Woodie Guthrie |
| Three reasons for 1920s prosperity were: | Friendly government towards business, Installment buying, and Investment in stocks (buying on margin). |
| When was Hoover elected, when did he take office, and when did he leave office? | Elected-1928 Took Office-March 1929 Left Office-October 29th 1929 |
| A.K.A. TVA. it hired people to build dams and generators, bringing electricity and jobs to communities in the Tennessee River Valley. | Tennessee Valley Authority |
| Who was in the 1932 presidental election? | Franklin D. Roosevelt with John Garner against Herbert Hoover. |
| Where was John garner from? | Texas |
| What was FDR's favorite New Deal program? | Social Security Act |
| Who was the President of the CIO? | John L. Lewis |
| when did Inaugration Day used to be and when is it today? | Used to be-March 4th Now-Janurary 20th |
| Alphabet Agencies were also called... | Alphabet Soup |
| Who was Robert Trout? | He was a Fireside Chat news reporter. |
| Who was Father Charles Edward Coughlin? | A New Deal critic who was nicknamed the "radio priest." |
| Who was Huey Long? | A New Deal critic who was nicknamed "King Fish." |
| Which of the following refers to a severe economic downturn that lasted for more than 10 years? a. The Bonus Army, b. The Great Depression, c. The Bull Market, or d. The Business Cycle. | B.-The Great Depression |
| Who was Franklin Roosevelt's Secretary of Labor and the first female Cabinet member? a. Frances Perkins, b. Mary McLeod Bethune, c. Eleanor Roosevelt, or d. Dorthea Lange. | A.-Frances Perkins |
| Parts of the Great Plains where a severe drought struck were known as the... a. Tennessee Valley, b. New Deal, c. Dust Bowl, or d. Hoovervilles. | C.-Dust Bowl |
| Which of the following means purchasing stocks on credit with a loan? a. The Installment Plan, b. Buying on Margin, c. The Banking Crisis, or d. bear Market. | B.-Buying on Margin |
| What is the Emergeny Bamking Relief Act? | It gave executive branch the right to regulate banks. |
| What is the Farm Credit Act-FCA? | It refinanced loans to keep farmersfrom losing their land. |
| What is the Civilian Conservation Corps-CCC? | It created jobs for single, unemployed young men. |
| What is the Agriculture Adjustment Acy-AAA? | It paid farmers to grow less 9declared unconstitutional). |
| What is the Tennessee Valley Authority-TVA? | it Built dams and power plants in the Tennessee Valley. |
| What is the Federal Deposit Insurance Corporation-FDIC? | It guaranteed deposits for indiviual bank accounts? |
| What is the National Industrial Recovery Act-NIRA? | It established fair competition laws (declared unconstitutional). |
| What is the Civil Works Administration-CWA? | It provided jobs for the unemployed. |
| what is the Works Progress Administration-WPA? | It created jobs in construction, research, and the arts. |
| What is the National Youth Administration-NYA? | It provided part-time jobs for students. |
| What is the National Labor relations Act-NLRA and The Wagner Act? | It recognized unions' right to bargain collectively. |
| What is the Social Security Act? | It provided Government aid to the retired and unemployed. |
| How many people were employed by the WPA? | 8.5 million |
| What was Roosevelt's campaign theme song? | "Happy Days Are Here Again" |
| Woody Guthrie's lively, up beat songs offered an escape from the struggles of the Great Depression. True/False | FALSE |
| Was an African American educator that was appointed to Roosevelt's administration. | Mary McLeod Bethune |
| Which was a lasting effect of the New Deal. | The FDIC-Federal Deposit Insurance Corporation |
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