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Great Depression Review Flashcards | StudBud
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Great Depression Review
Great Depression Review
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StudBud Administration
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A review on the Great Depression
Flashcards
25 cards
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Practice quiz
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Host live
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Questions
25
Answers
1
1. What other reform time periods did the New Deal follow?
Progressivism
Modernism
Cold War
2
What finally ended the Great Depression?
WWII
WWII
WWII
WWII
3
What does SEC stand for (as a New Deal program) and what does it do?
Securities and ExchangeCommission, regulate stock market
Securities and ExchangeCompany, regulate stock market
Securities and ExchangeCorps, regulate stock market
4
What did the AAA do?
Hurt Sharecroppers
Help Airforce members get jobs
Paid workers to work less to creat more jobs
Paid farmers not to plant
5
1. What were the goals of FDR’s New Deal?
All three Rs
Reform
Recovery
Relief
6
What were the causes of the Great Depression?
End of WWI
Herbert Hoover's Policy
overproduction, decline in demand, gap between rich and poor
Decrease in Supply in goods, High Prices, Banks Closing
7
How did the Federal Reserve help bring about the Great Depression?
It did not give money to banks who could not pay back debt
The Federal Reserve did not bring the Great Depression
low interest rates,people bought luxuries-installment plans
Federal Reserve provide money to anyone who wanted some.
8
What did the New Deal NOT result in?
Helping Americans get jobs
Economic Recovery
The Second New Deal
FDR serving three more terms
9
How was the Second New Deal different from the First New Deal?
No reform than 1stno immediate relief and some recovery
Same reform as the 1st , immediate relief and some recovery
more reform than 1st-immediate relief and some recovery
Less reform than 1st,little immediate relief and no recovery
10
What was FDR’s biggest mistake in the first New Deal?
Hurting Farmers
Creating Jobs
Court packing
Not Helping creat Jobs
11
How were African Americans impacted by the New Deal?
last hired, first fired
often discriminated againstin hiring
They were not affected
subsidies hurtsharecroppers who were primarily blacks
12
Who were the critics and What did they say about the New Deal?
liberals: not enough for poor and elderly
Everyone: created too much power forthe Executive Branch
conservatives:too much, too expensive, too close tosocialism
13
What was buying on margin?
Buying Stocks with a Credit Card
Buying Stocks with others money.
Buying Stocks on the possible progit they could make.
14
What was included in the Social Security Act?
payroll deduction tax tohelp elderly, retirees, and disabled
Hurt Companies who had to pay for the act
long term relief/reform
Tax on the poor for the rich
15
What group built natural parks and highways, and created jobs for young single men
WAP
CCC
TVA
WPA
16
What caused the Dust Bowl?
Hoovers overuse of the midwest for resources
Famers burning the soil and cars driving over fields
overgrazing, poor cropsremoved nutrients from soil, drought
Nothing, it just happend
17
What is considered the start of the Great Depression?
Stock Markest Crash
Run on the Banks
Herbert Hoover Leaving Office
Godzilla
18
What did President Hoover do or get blamed for during the Great Depression?
Holding "Gatsby" parties
Everything
His hate for the poor
He was working with Dr. Evil... Duh!?!
19
1. What actually ended the Depression?
The New Deal
The Second New Deal
WWII
FDR leaving office
20
What caused the Stock Market Crash?
poor investment in stocks
Spending from WWI
buying on margin
overproduction
21
Who was President at the time of the Stock Market Crash?
Mr. Weindorf
Woodrow Wilson
FDR
Herbert Hoover
22
What did the New Deal result in?
People not needing the Federal Government
Power to the States
Bigger Government
People more reliant onfederal government
23
What was the purpose of FDR’s Fireside Chats?
restore people’s confidencein the banks/government
Just to chat with America
To let Americans know he was doing much to fix the U.S.A
To tell Americans to go to war with Germany
24
What built dams to create electricity for rural areas
AAA
TAV
TVA
TVAC
25
What did the FDIC do? What do the initials stand for?
Federal Deposit Ins.Corporation, protect bank deposits
Federal Deposit InsuranceCompany, protect bank investments
Fun Dudes In Cars, create raceways for street racers
Federal Distribution Ins.Corporation, protect bank Withdraws
