Gross Domestic Product (GDP):

Total value of all final goods and services

What is one reason farmers struggled during the 1920s?

The demand for crops decreased, Farmers increased production = surplus

What were shantytowns?

communities of homeless people who lived on public land

Why did President Hoover believe the federal government should not offer relief?

Hoover believed it would weaken people’s self-respect.

Increased public works programs, welfare, Social Security

What happened during the first 100 Days of FDR's Presidency?

Many important laws were passed to help solve the Depression

bank takes the house back due to nonpayment

What was Black Tuesday?

The last day of the stock market crash

A period of severe dust storms that greatly damaged American farms

How did the Great Depression affect other countries?

Americans bought fewer imports, so foreign businesses made less profits.

What did the Public Works Administration (PWA) do?

Hired thousands of people to work on public projects.

Which of the following was not one of the causes of the Great Depression?

government regulation of the stock market

He was the senator of Louisiana who ruled like a dictator

What is one way children suffered during the Great Depression?

Children often suffered from malnutrition and diet-related diseases

people could make a monthly, weekly, or yearly payment on an item

Why was there a Second New Deal?

some early New Deal programs were ruled unconstitutional

What is Standard of Living?

How much money you make and how well you live

What was one effect of the “run on the banks” in the early 1930s?

Many lost life savings because banks lost their money on the stock market

farmers who used most of their harvest to pay to rent land

What did the Soil Conservation and Domestic Allotment Act do?

pay farmers for soil management and conservation

A program to give retirement pensions and aid to blind and disabled people

What was the Agriculture Adjustment Act (AAA)?

Paid farmers not raise certain crops or animals.

Why did so many banks fail at the onset of the Great Depression?

Too many depositors tried to withdraw money all at once

What was the purpose of the Reconstruction Finance Corporation?

To provide financial aid to banks, railroads, and other large businesses

FDR's fireside chats were his means of

communicating directly with the American people

What was the Wagner Act?

Reestablished NIRA; rights of workers to join unions

WWI veterns looking for their bonus for being a solider

The Federal Securities Act and the Securities Exchange Commission aimed to

provide full disclosure of information, preventing insider trading & fraud

The Civilian Conservation Corps created

Gave young unmarried men a job emproving the enviroment

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Causes of the Depression/New Deal

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Answers

1
As businesses made less profits workers wages did what?
doubled
increase
decrease
stayed the same
2
Gross Domestic Product (GDP):
Decreasing of prices throughout the economy
Total value of all final goods and services
Amount of currency available in the economy
Tool which the government uses to balance the budget
3
What is one reason farmers struggled during the 1920s?
Congress passed the McNary-Haugen Bill which favored other industries
The demand for crops decreased, Farmers increased production = surplus
The price of crops increased & most Americans could not afford them
The demand for crops increased
4
What were shantytowns?
collections of migrant workers on failing farms
communities of homeless people who lived on public land
areas in the cities where the unemployed sought work
deserted homes where the tenants had been evicted
5
Who was Charles Coughlin
A witch 🔥
A wizard 🧙‍♂️
A Saint
Roman Catholic Priest
6
Why did President Hoover believe the federal government should not offer relief?
The federal government did not have the funds to provide relief
Hoover believed people would expect and rely too heavily on the relief
Believed the Depression was Americans’ fault, and they should suffer for it
Hoover believed it would weaken people’s self-respect.
7
The New Deal
Increased public works programs, welfare, Social Security
Act to increase unemployment and force people to get jobs
Made a financial plan with banks to support the U.S. economy
The start of social revolution in the U.S.
8
What happened during the first 100 Days of FDR's Presidency?
All of these
The Great Depression began to slow down and come to an end
Hitler invaded Poland
Many important laws were passed to help solve the Depression
9
Huey Long, Charles Coughlin, & Dr. Francis Townshend all had what in common?
Labor Leaders
Civil Rights Leaders
Critics of New Deal
Catholic
10
Even though the Social Security Act was not a complete _______ system, it did provide income to retirees, unemployed etc
retirement
pension
financial
welfare
11
Foreclosure is...
closing a store early
interest payment
borrowing more money because you have none
bank takes the house back due to nonpayment
12
What was Black Tuesday?
The last day of the stock market crash
The day the New Deal was enacted
A gloomy day
The first day of the stock market crash
13
The dustbowl was:
A period when there were few jobs
A movement to change the government during the Hoover administration
People who migrated to the city
A period of severe dust storms that greatly damaged American farms
14
the New Deal gave Native Americans
Full Citizenship
All the above
Reservation lands
Tribal Council
15
What was the standard of living for Americans in the 1920's
$2000
$1800
$1500
$2500
16
How did the Great Depression affect other countries?
Many people immigrated to the US looking for jobs.
The US stopped loaning money to its World War 1 allies.
Other countries imported American goods so foreign markets made less profit
Americans bought fewer imports, so foreign businesses made less profits.
17
What did the Public Works Administration (PWA) do?
Hired single men to build bridges and plant trees/forests.
Hired thousands of people to work on public projects.
Remade the Tennessee River Valley, built dams.
Gave aid to state and local governments to hire workers.
18
Which of the following was not one of the causes of the Great Depression?
overproduction of goods
government regulation of the stock market
uneven distribution of income
increased consumer debt
19
The 1920's method of buying on credit.
Stock Brokering
Financing
Installment Buying
Bear Marketing
20
Dr. Francis Townshend proposed a monthly government ________ for citizens over 60 years of age.
IDK
Lompoc
Pensions
Pizza
21
Who was Huey Long?
A farmer who raised crops to eat during the Depression
A famous author who wrote about the Depression
Famous movie star at the time who donated money to the poor
He was the senator of Louisiana who ruled like a dictator
22
What is one way children suffered during the Great Depression?
Children often suffered from malnutrition and diet-related diseases
They were adopted at higher rates
Children attended school
Children were not always able to play games and have fun
23
The TVA built
bridges.
public parks
public buildings
hydroelectric dams.
24
Installment Buying
borrowing money from banks to purchase items
method of paying for items in cash all at once
first form of mass media
people could make a monthly, weekly, or yearly payment on an item
25
Why was there a Second New Deal?
FDR's original plan was unaffordable and ran out of money
some early New Deal programs were ruled unconstitutional
the Second New Deal was required by the United Nations
the First New Deal was a horrible failure that people hated
26
What is Standard of Living?
If you use things that are good for the earth or not
How healthy you are
How much money you make and how well you live
All of the Above
27
What was one effect of the “run on the banks” in the early 1930s?
People withdrew their money from the banks to invest in the stock market.
Many lost life savings because banks lost their money on the stock market
New banks opened because many people wanted to keep their money in a bank.
Banks had to promise to repay people the money they had in their savings
28
Sharecroppers were
northern farmers who sent food to needy Blacks
farmers who used most of their harvest to pay to rent land
white plantation owners who voted for republican candidates
the wealthy white plantation owners after the war
29
Eleanor Roosevelt changed the role of the First Lady because she was a _________
Liberal
Socialist
Humanitarian
GOAT
30
During the Great Depression, many people migrated west in search of:
Political asylum
Affordable housing
New job opportunities
Access to healthcare
31
What did the Soil Conservation and Domestic Allotment Act do?
pay farmers not to farm
Get Southern white votes
pay farmers for soil management and conservation
paid farmers to move to Oklahoma
32
Welfare is
a faith-based initiative.
goods and services provided to people over the age of 65
government aid to the poor
the process sued to produce a good or service.
33
Social Security Act
A program to build cheap housing for homeless Americans
A program to give retirement pensions and aid to blind and disabled people
a program to feed unemployed Americans
A job program to pout Americans back to work
34
What was the Agriculture Adjustment Act (AAA)?
Paid farmers not raise certain crops or animals.
Program that took money from farmers and gave it to cities.
Gave farmers the right to grow whatever they wanted.
A program that put farmers out of business.
35
Why did some people not want married women to work outside the home?
needed at home with kids
made higher wages than men
took jobs from unemployed men
too dangerous
36
Why did so many banks fail at the onset of the Great Depression?
One headline, why believe it?
The Federal Reserve put too much money into circulation
Too many investors tried to open new accounts
Too many depositors tried to withdraw money all at once
37
What was the purpose of the Reconstruction Finance Corporation?
To provide direct relief to individuals
To assist farmers affected by the Dust Bowl
To regulate the stock market
To provide financial aid to banks, railroads, and other large businesses
38
What is surplus?
exceeded amount
When supply exceeds demand
money
demand
39
What did the 1933 Beer and Wine Revenue Act do ?
Reduced taxes on beer and wine
Allowed children to drink alcohol
Introduced Prohibition
Ended Prohibition
40
What is a Consumer?
A person who buys
A person who sells
An animal
Market economy
41
The Great Depression left many people ___ and ___.
sick; homeless
unemployed; homeless
hungry; no land
sick; hungry
42
FDR's fireside chats were his means of
communicating directly with the American people
proposing reform to Congress
receiving input from his advisers
determining the impact of his policies
43
What was the Wagner Act?
Helped protect farmers by providing free insurance
Reestablished NIRA; rights of workers to join unions
Gave the rights to children to work at the age of 10
Created more jobs for women and disabled
44
Prices of a companies stock rose in the 20's but the "worth" of those companies
decreased
increased
flatlined
doubled
45
The Bonus Army was
WWI veterns looking for their bonus for being a solider
African Americans who fought in the war
The extra army created after WWI
Business looking for their bonus for staying open
46
The Fair Labor Standards Act....
Discriminated against Republicans
Covered farm workers
Required unions to be established
Established a minimum wage
47
The Rural Electrification Administration provided electricity for ....
farmers
the unemployed
minorities
the elderly
48
When did the Stock Market Crash?
1939
1928
1929
1932
49
The Federal Securities Act and the Securities Exchange Commission aimed to
force stockbrokers to register with the federal gov't
Prohibit completely the sale of stocks on the margin
prevent interlocking directories and pyramid schemes
provide full disclosure of information, preventing insider trading & fraud
50
The Civilian Conservation Corps created
This organization payed farmers to not farm
artists were given jobs photographing daily life
This act tried to stop the loss of Indian lands
Gave young unmarried men a job emproving the enviroment

Causes of the Depression/New Deal Flashcards | StudBud