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Great Depression
The Great Depression
| Question | Answer |
|---|---|
| Why was October 29, 1929, known as "Black Tuesday?" | The stock market crashed |
| The neighborhoods homeless people began putting up shacks on unused public land? | Shantytowns |
| What is the name given to the area in the Great Plains severely damaged by droughts and dust storms in the 1930s? | Dust Bowl |
| What was FDR's policies for ending the Depression was known as? | The New Deal |
| What were direct talks FDR held with the American people to let them know what he was trying to accomplish? | "Fireside Chats" |
| What did the Securities and Exchange Commission (SEC) do? | Regulated the stock market and prevented fraud |
| What was the goal of Federal Deposit Insurance Corporation (FDIC)? | Provided government insurance for bank deposits up to a certain amount |
| What did the Civilian Conservation Corps (CCC) do? | Employed single men for natural resource conservation |
| What New Deal program built hydroelectric plants/dams aimed at improving Southern states? | Tennessee Valley Authority (TVA) |
| What was the government practice of spending borrowed money rather than raising taxes in an attempt to boost the economy? | Deficit Spending |
| What act from the New Deal required workers to pay a tax which provided a monthly stipend for retired people? | The Social Security Act |
| What act prohibited the sale of weapons to warring nations and was meant to keep the US from forming alliances to bring the nation in to the war? | Neutrality Act |