What caused the Stock Market to crash?

Investors panicked and Sold off stocks at the same time

Social Security has been very effective over the years, why could it fail going forward?

There is a fear the money will eventually run out

Why were FDR's Fireside Chats successful?

He calmly explain the New Deal giving confidence

What does the FDIC do?

Provides confidence in the Banks and Insures Deposits

What group was established during the New Deal to Monitor and Regulate the Stock Market?

Securities and Exchange Commission (SEC)

How did the New Deal help during the Great Depression?

It helped reduce suffering with Jobs and Food

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The Great Depression & New Deal

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Questions 12

Answers

1
What caused the Stock Market to crash?
Investors panicked and Sold off stocks at the same time
Investors calmly bought more stocks
Investors wanted to wait out the crash
Investors tried to stop the fall by closing the Stock Market
2
Social Security has been very effective over the years, why could it fail going forward?
The Banks could fail and cause a new Depression
The Money in the system will supply many generations
There is a fear the money will eventually run out
There is too much money in the system
3
What is it called when you borrow money to buy stocks?
Buying on Margin
Run on the Banks
Credit
Foreclosure
4
Why were FDR's Fireside Chats successful?
He worried the American People
He was preparing America for WWII
He used the Chats to encourage people to vote for him
He calmly explain the New Deal giving confidence
5
What were names of Shanty towns that were named after the President during the depression?
Roosevelt towns
Presidential Village
Hoovervilles
Herbert towns
6
What does the FDIC do?
Provides confidence in the Banks and Insures Deposits
Regulates and watches over the Stock Market
Prevents the United States from entering foreign wars
Stops people from depositing their money in Banks
7
What would you call policies, such as SEC and FDIC, that would prevent future depressions?
Relief
Recovery
Reform
8
What was the Name of Franklin Roosevelt's Plan for Relief, Recovery and Reform called?
New Deal
Great Hope
New Pledge
Raw Deal
9
What day did the Stock Market Crash?
November Rain
Black Tuesday
Cold December
Black Friday
10
What group was established during the New Deal to Monitor and Regulate the Stock Market?
The Federal Deposit Insurance Commission (FDIC)
Securities and Exchange Commission (SEC)
The Works Progress Administration (WPA)
Social Security Act (SSA)
11
How did the New Deal help during the Great Depression?
It never helped the Great Depression it made it worse
It reduced the amount of Immigrants in America
It stopped there from being another depression ever again
It helped reduce suffering with Jobs and Food
12
What was the name of the Act that helped people over 65 out of poverty?
Securties and Exchange Act
Social Security Act
Tennessee Valley Act
Federal Anti Poor Act

The Great Depression & New Deal Flashcards | StudBud