Modernity in the United States

Modernity in the United States

Revision Lesson

The Economic Boom

• Was the Major Growth in the Economy in the 1920s

• After World War I was over everyone started spending tremendously.

• Women were allowed to get jobs now, credit was invented, people could buy big ticket items on borrowed money.

The Great Depression

• But then the Great Depression happened - 1929 –1933

• The economic boom of the 1920s and then the stock market crash of 1929 was the prelude to the Great Depression

FDR'S New Deal

• To try and solve the Great Depression, then President Franklin D. Roosevelt came up with the "New Deal" program.

• Roosevelt aimed to restore America. He tried to stabilize the economy and provide jobs and relief to those who were suffering.

• He created a series of New Deal projects and programs, such as the CCC, the WPA, the TVA, the SEC and others

Multiple Choice

Why did the United States economy boom after WWI?

• Because a lot of European nations had borrowed money from the US during the war so when the war ended their repayments helped our economy

• Because the US got a lot of money for winning the war

• Because the war didn't cost much to begin with

• Because the US ended poverty completely

Multiple Choice

In what way did mass production change the economy?

• It didn't, the economy was the same.

• The US became a command economy

• It made industries grow, gave people jobs, and allowed people to buy consumer goods

• It slowed down the way things were made

Multiple Choice

What grew as a result of Consumer Credit?

• Incomes

• Consumer Debt

• Government Debt

• Happiness

Multiple Choice

In 1927, 1928, and 1929 it was easy to get rich.

• true

• false

Multiple Choice

When did the stock market crash?

• 1937

• 1929

• 1925

Multiple Choice

Some say the Stock Market Crash of 1929 marked the start of the Great Depression!

• true

• false

Multiple Choice

What is the stock market crash also known as?

• Dark Tuesday

• Big Recession

• Black Tuesday

Multiple Choice

What was an effect of the stock market crash?

• The Enormous Melancholy

• The Great Depression

• The Big Sadness

• The Large Recession

Multiple Choice

Stock prices dropped in the fall of 1929 because

• the stock market was stable.

• no one was selling their stock.

• too many people were selling their stock.

Multiple Choice

The Great Depression

• the only time we had an economic depression.

• was short and didn't affect many people.

• was deeper and longer than any depression before it.

Multiple Choice

President Hoover believed that direct economic relief was not an answer to the Great Depression because

• it would hurt the American spirit.

• government should keep a balanced budget.

• relief should come from state and local governments.

• All of the above

Multiple Choice

Which of these statements is true of the 1932 presidential election?

• Franklin Roosevelt won in a landslide.

• Hoover lost by a narrow margin.

• Huey Long ran a strong campaign.

Multiple Choice

A major difference between the philosophies of President Herbert Hoover and President Franklin D. Roosevelt in responding to the Great Depression is that Roosevelt

• wanted to rely on private charities to provide assistance

• stressed the need for individual rugged individualism

• supported direct relief to people who were unemployed.

• thought the government should not be involved in economic reform

Multiple Choice

The election of Franklin D. Roosevelt to the Presidency in 1932 reflected the desire of many Americans to

• have government take an active role in solving economic problems
• return to a policy of laissez-faire capitalism
• continue the domestic policies of the Hoover administration

Multiple Choice

FDR addressed the American public in weekly broadcasts known as:

• FDR Hour
• Hangin' With Franklin
• Fireside Chats
• Around the Fire

Multiple Choice

A ___________________ is a time when industries do not grow and many people are out of work.

• unemployment

• stock market

• depression

Multiple Choice

Which of the following was a major cause of the Great Depression?

• overproduction and underconsumption

• a decrease in the supply of consumer goods

• an increase in demand for imported products

Multiple Choice

What was the main reason for the emergence of “Hoovervilles” like the one shown in the photograph?

• Many Americans had lost jobs during the Great Depression.

• World War I had created a shortage of building materials.

• Housing projects could not keep up with the demand for homes needed by the poor.

Multiple Choice

What was a guiding principle of the New Deal economic policies?

• Pro-business tax breaks would solve the problems associated with urban poverty.

• Rugged individualism must be allowed to solve social inequality.

• Government must assume more responsibility for helping the poor.

Multiple Choice

A major result of the New Deal was that it

• eliminated poverty in the US

• extended the merit system in the civil service

• greatly increased the size and power of the Federal Government

Multiple Choice

What are the 3 R's of the New Deal?

• Relief, Rebuild, and Reform

• Recover, Rebuild, and Reform

• Relief, Recovery, and Reform

Open Ended

Short Answer Task:

Was Franklin D. Roosevelt's New Deal Programs a success or failure?