Thousands of American banks closed because they

could not return all of the bank depositors' money

The major critique of the New Deal was that:

The Federal Government would be too powerful

A day in 1929 when the US Stock Market experienced a major collapse

Define deficit spending

government spending more money than it takes in as revenues

Why was the New Deal created?

to help the people affected by the Great Depression economically & socially

Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) were created to do what?

Insure peoples money in the bank

What does FDIC stand for?

Federal Deposit Insurance Corporation

After the Stock Market Crash of 1929, Americans

panicked and withdrew their money from the banks

What was NOT a cause of the Great Depression

A number of different labor strikes

Why was the New Deal created?

to help the people affected by the Great Depression economically & socially

What was the Dust Bowl?

A massive drought that wiped out much of the Great Plains

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Great Depression Review

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Questions 27

Answers

1
Thousands of American banks closed because they
had invested in European banks.
could not return all of the bank depositors' money
charged too high an interest rate on loans.
had to print new money.
2
The Great Depression only happened in the U.S.
True
False
3
The major critique of the New Deal was that:
The Federal Government would be too powerful
It put the United States in more debt
The President would gain too much power from this
It gave people who didn't actually need help, help
4
Who promised the new deal and was Pres. for the majority of the Depression? (In the picture)
Herbert Hoover
Mickey Mouse (Hi'ya, folks!)
Eleanor Roosevelt
FDR
5
Black Tuesday was...
The one and only day Taco Bell ran out of tacos
the equivalent to modern day Black Friday
A day in 1929 when the US Stock Market experienced a major collapse
The beginning of World War 2
6
How did the Great Depression end?
They found a way to make more money.
The advent of World War 2.
People went to other countries and took their money.
The end of World War 1.
7
Define deficit spending
government spends less then what they make in a year
government spending more money than it takes in as revenues
When employed spend half of their paycheck and save the rest
Using all tax money to pay for only New Deal programs
8
What was promised with the first new deal?
Union protection programs
reduce, reuse, and recycle
Programs to help migrant workers
relief, recovery, and reform
9
Who believed that the federal government should provide relief for the jobless and homeless?
Franklin D. Roosevelt
Rutherford B. Hayes
Herbert Hoover
William H. Taft
10
Why was the New Deal created?
to give people more jobs
to give people food
to give the Federal Government more power
to help the people affected by the Great Depression economically & socially
11
What was FDR diagnosed with
Parkinsins Disease
Cancer
Polio
Diabetes
12
Who did the Great Depression affect?
Wealthy Americans
Poor Americans
Immigrants
All Americans
13
Many farmers migrated to ______ and other Pacific Coast states.
Oklahoma
Kansas
California
Missouri
14
Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) were created to do what?
Insure peoples money in the bank
Allows the Federal Government to take over failing industries.
Help provide people with jobs working on farms during the Great Depression
Help provide people food during the Great Depression
15
The majority of the landscape in the Dust Bowl region was
treeless flat land
forests
mountains
lakes
16
Where did the Dust Bowl primarily affect?
Southwest
South
Pacific Northwest
Southeast
17
What president has both a giant dam and shack towns from the Great Depression named after him?
William Harrison
Harry S Truman
Calvin Coolidge
Herbert Hoover
18
Who did people blame for The Great Depression?
Hobert Hoover
Donald Trump
Barack Obama
Kim Jong-un
19
Major reason the stock market crashed
Buying on Margin
Agricultural Depression
A number of terrible investments by the American public
Black Tuesday
20
What does FDIC stand for?
Federal Deposit Insurance Corporation
Federal Decomposition Income Company
Federal Deposit Insurance Company
Federal Diversification Independent Corporation
21
After the Stock Market Crash of 1929, Americans
panicked and withdrew their money from the banks
remained calm
panicked and put all their money in the banks
.none of these
22
When did the great depression begin?
1929
1945
2016
1894
23
What was a major effect of the Great Depression?
Higher prices in the US
Banks were doing better than ever
Stronger family bonds
Unemployment
24
What was NOT a cause of the Great Depression
Bank Runs
Buying on Margin
A number of different labor strikes
The Dust Bowl
25
Why was the New Deal created?
to give the Federal Government more power
to give people more jobs
to help the people affected by the Great Depression economically & socially
to give people food
26
Social Security, which is in affect at the age of 65, gives retired workers :
Support in their own
Labor Union Free medicine if deemed neces
Economic Assistance
Medical Care
27
What was the Dust Bowl?
A way to keep dust off your farm and out of your house
A disaster which drove many people to move to New York
A massive drought that wiped out much of the Great Plains
A new kind of pottery

Great Depression Review Flashcards | StudBud