Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Denbrock 2011
1930's Study Guide
| Question | Answer |
|---|---|
| What are the causes of The Stock Market Crash of October 29,1929? | a. Buyers paid just part of the price of the swtock and borrowed the rest through their stockbrokers; b.savings deposits were not federally insured; many banks had lent cash reserves to stockbrokers; |
| Part 2: Question 1 continued | c.Stockbrokers lost the money when their customers could not pay off their margin debts; d. stock prices fell rapidly as many stockbrokers& investors sold their shares; e. by 10/29/29 sellers greatly outnumbered buyers; f. many stocks became worthless; g |
| Part 3: Question 1 continued | f. Many stocks became worthless; g. massive bank closures, business failures & unemployed followed in the months & years to come |
| What were the causes of THE GREAT DEPRESSION? | A. DECLINE OF FARMING INDUSTRY: 1920's-new technology increased agricultural productivity; led to crop surpluses, lower prices & hard time for farmers. |
| What were the causes of THE GREAT DEPRESSION? | B. UNEQUAL DISTRIBUTION OF WEALTH: -Throughout the 1920's the rich got rich and the poor got poorer |
| What were the causes of THE GREAT DEPRESSION? | C. OVERPRODUCTION OF GOODS: -Supply began to greatly exceed demand in many industries; -Many people didn't have the money to buy the products that factories were turning out |
| What were the causes of THE GREAT DEPRESSION? | D. FOREIGN TRADE: -Banks had loaned huge sums of money to foreign nations that could not afford to repay those debts. |
| What were the causes of THE GREAT DEPRESSION? | E. OVER-EXPANSION OF CREDIT DURING THE '20's: -When the stock market crashed, many people could not pay off those items they had bought on credit. |
| What were the causes of THE GREAT DEPRESSION? | F. THE STOCK MARKET CRASH |
| What was the role of the federal government, according to President Hoover. | -The federal government should not provide direct aid to the poor; urged voluntary action & local programs; encouraged & depended on charities (churches)& state & local governments to help the poor |
| What was the role of the federal government, according to President Roosevelt. | -Believed federal government has duty & responsibility to provide aid to all Americans; -when there was a problem, federal government needed to get involved; believed in federal regulation (government involvement in business/people's lives |
| Give characteristics of THE NEW DEAL. | -Began in 1933; -Consisted of federal government programs designed to: rebuild economy,create jobs, reduce poverty,&restore hope & confidence among American public; -Alphabet Soup |
| Name 4 ways in which people attempted to escape the Depression. | Movies, radio programs, swing music, move to new towns/areas in search of jobs |
| How did President Roosevelt attempt to "pack" the Supreme Court? | Supreme Court had overturned several New Deal programs as being unconstitutional. FDR hope by increasing number of justices from 9 to 15 he would be able to pick judges who were infavor of his New Deal programs. |
| How did Huey Long feel about Roosevelt's New Deal? | He felt that the New Deal did not go far enough to the poor and the economy. |
| What did the critics of the NEW DEAL have to say? | -Many people felt it had gone too far. -Some thought that the New Deal violated the Constitution; -Wealthy Americans & big business leaders opposed New Deal because they felt it overregulated economy & restricted free enterprise |
| Define: STOCK. | Shares of ownership of a corporation bought by stockholders. |
| Define: DEPRESSION | Part of the business cycle where there is high unemployment, little spending,little money in circulation. |
| Define: UNEMPLOYMENT | The level of joblessness in an economy |
| Define: MIGRANT WORKERS | an agricultural laborer who travels from place to place to find work |
| Define: OKIES | Name given to people from Oklahoma and the surrounding territory who lived in the Dust Bowl who migrated WEST to California to find work during the Depression. |
| Define: FORECLOSURE | legal proceedings by a creditor to regain property |
| Define: FIRESIDE CHATS | Radio broadcasts made by FDR to the American people to explain his policies and programs |
| Define: "The Grapes of Wrath" by John Steibeck | Novel written depicting the 1930's and the Depression and trials and tribulations of one family on their journey from the Dust Bowl of Oklahoma to California to find work |
| Define: "Brother Can You Spare A Dime?" by E.Y. Harburg | One of the best=known American songs of the Great Depression. It questions why men who built the nation find themselves abandoned and in breadlines. |
| Define: The Bonus March | March of of WWI veterans to Washington, D.C. to to lobby Congress to pass legislation for their bonus promised to them in 1945, but due to the Depression and an early authorization, they wanted it long before then. |
| NEW DEAL PROGRAMS: Know and explain: AAA, CCC, FDIC, SS, TVA, PWA, TVA,PWA, NYA, WPA,FERA, SEC, FWP, FTP | AAA:Agricultural Adjustment Act. Administered the farm program. Government would pay the farmers not to raise certain livestock, and not to grow certain crops. |
| NEW DEAL PROGRAM | CCC:Civilian Conservation Corps. Employed single men ages 18-25 for natural resource conservation |
| NEW DEAL PROGRAM | FDIC:Federal Deposit Insurance Corporation. Guaranteed bank deposits up to $2,500. |
| NEW DEAL PROGRAM | SS:Social Security. Created unemployment system, disability insurance, old-age pension, and child welfare benefits. |
| NEW DEAL PROGRAM | TVA:Tennessee Valley Authority. Built hydroelectric plants and dams aimed at improving seven Southern states and attracting industry to the South. |
| NEW DEAL PROGRAM | PWA:Public Works Administration. Provided employment in construction of airports, parks, schools, and roads. |
| NEW DEAL PROGRAM | NYA:National Youth Administration. Provided job training for young people. |
| NEW DEAL PROGRAM | WPA:Works Progress Administration. Combated unemployment, created jobs throughout the economy. |
| NEW DEAL PROGRAM | FERA:Federal Emergency Relief Agency. Granted federal relief money to state and local governments to be used to help the unemployed. |
| NEW DEAL PROGRAM | SEC:Security and Exchange Commission. An independent agency to regulate the stock market and prevent fraud. |
| NEW DEAL PROGRAM | FWP:Federal Writers' Project. Federally funded project written to support writers during the Great Depression. |
| NEW DEAL PROGRAM | FTP:Federal Theater Project. New Deal project to fund theater and other live artistic performances in the US during the Great Depression. |
Created by:
khelms
Popular U.S. History sets