Great Depression & New Deal Review

Great Depression & New Deal Review

By Krysta Kroohs

Multiple Choice

What was one factor that led to the Great Depression?

• government limitations on the amount of money in circulation
• increases in the tax rate for corporations
• excessive speculation in the stock market
• high wages paid by employers

Multiple Choice

This is the idea that the rich become richer, while the poor become poorer

• Black Tuesday 
• Speculation 
• Unequal distribution of wealth
• Buying on Credit 

Multiple Choice

Month and Day that Stock Market Crashed

• October 28, 1929
• October 29, 1928
• October 29, 1929
• October 29, 1939

Multiple Choice

When a large number of customers line up to withdraw cash from deposit accounts from a financial institution

• Speculation 
• Black Friday 
• Bank Run 
• Underconsumption 

Multiple Choice

Which was an effect of the Great Depression on the American economy

• High unemployment and overproduction
• Large business investment and low taxes
• Too much money in circulation and high stock prices
• High unemployment and failing real estate values

Multiple Choice

A law enacted in 1930, that established the highest protective tariff in US history, worsening the depression in America and abroad.

• Hawley-Smoot Tariff Act
• Federal Home Loan Bank Act
• Reconstruction Finance Corporation (RFC)
• Bonus Army

Multiple Choice

What are Hoovervilles?

• Hoovervilles are homeless camps or shantytowns named for President Hoover.

• Hoovervilles are large homes that Americans built after receiving loans from the RFC.

• Hoovervilles are towns where the Dust Bowl created a layer of dust two feet thick.

• Hoovervilles are towns that President Hoover visited and taught Americans to be Rugged Individuals.

Multiple Choice

What did Hoover expect Americans to do under his philosophy of “rugged individualism”?

• Hoover expected Americans to rely on government help and charity under “rugged individualism”.

• Hoover expected Americans to pay higher taxes to demonstrate their toughness in a bad economy.

• Hoover expected Americans to find jobs and work their way out of poverty and not rely on government help.

• Hoover wanted Americans to plant more to display their rugged nature in the face of the Dust Bowl.

Multiple Choice

Describe the intent/purpose of the “Bonus Army” and describe how Hoover responded to their presence in Washington, D.C.

• The Bonus Army intended to overthrow the government, but Hoover talked them out of it.

• The Bonus Army wanted to help farmers plant more to slow down the Dust Bowl.

• The Bonus Army wanted to work for President Hoover after his inspiring speech about Rugged Individualism.

• The Bonus Army marched to Washington, D.C. to ask for early payment of their war bonus, but Hoover used the military and police to violently kick them out of their shantytowns.

Multiple Choice

Reason for the creation of the Dust Bowl

• Droughts

• Over-Farming

• Wind & Erosion

• All of them

Multiple Choice

How did the government respond to the Dust Bowl?

• The government essentially did nothing and continued to operate under a laissez-faire system.

• The government created the RFC to give money to farmers to begin new professions.

• The government paid farmers to farm less and use different farming techniques in an effort to stop the Dust Bowl.

• The government brought in the Bonus Army to help farmers plant more.

Multiple Choice

What was the purpose of the fireside chats?

• To inform

• To sing

• To perform

• To have a friend to talk to

Multiple Choice

What did the people use to listen to the fireside chats?

• AirPods

• Radio

• TV

• Walkie Talkie

Multiple Choice

Who gave the advice to FDR during the Great Depression

• Brain Trust

• Kitchen Cabinet

• Spoils System

• Ohio Gang

Multiple Choice

What was the first order of business by FDR when he got into office?

• End the depression

• closed the stock market for a week

• bank holiday

• close Hoovervilles

Multiple Choice

What was the name of the plan that FDR started to get people back to work?

• Fireside Chats
• New Deal
• Little White House
• Great Depression

Multiple Choice

________________ programs: Programs intended to help the banks and the people hit hardest by the Depression

• Relief

• Reconstruction Finance

• Rugged Individual

• Loan-forgiveness

Multiple Choice

__________________ programs: Programs to help restart the economy and help consumers by providing new jobs

• Laissez-Faire

• Economic Reconstruction

• Recovery

• Consumer Redemptive

Multiple Choice

__________________ programs: Programs to avoid another economic depression happening in the future

• Antidepressant

• Reform

• Future deposition

• Labor and relations

Multiple Choice

Agriculture Adjustment Act:

• Offered jobs to men ages 18-25 planting forests, fighting wildfires, building state parks, and doing manual labor

• Established a minimum wage and child labor laws in America

• Put industries, workers, and government together to establish fair business practices

• Paid farmers to slow the production of crops, allowing them to make money and alleviating the effects of the Dust Bowl

Multiple Choice

Civilian Conservation Corps:

• Offered jobs to men ages 18-25 planting forests, fighting wildfires, building state parks, and doing manual labor

• Put industries, workers, and government together to establish fair business practices

• Built roads, schools, and other infrastructure; also paid artists and photographers to create/document American culture

• Paid farmers to slow the production of crops, allowing them to make money and alleviating the effects of the Dust Bowl

Multiple Choice

Fair Labor Standards Act:

• Monitors stock market activity to ensure there is no fraud or insider trading

• Offered jobs to men ages 18-25 planting forests, fighting wildfires, building state parks, and doing manual labor

• Established a minimum wage and child labor laws in America

• Paid farmers to slow the production of crops, allowing them to make money and alleviating the effects of the Dust Bowl

Multiple Choice

Federal Deposit Insurance Corporation:

• Built roads, schools, and other infrastructure; also paid artists and photographers to create/document American culture

• Insures bank deposits up to $250,000

• Put industries, workers, and government together to establish fair business practices

• Monitors stock market activity to ensure there is no fraud or insider trading

Multiple Choice

National Recovery Administration:

• Built dams along rivers in Tennessee and surrounding states to provide irrigation and cheap hydroelectric power

• Offered jobs to men ages 18-25 planting forests, fighting wildfires, building state parks, and doing manual labor

• Paid farmers to slow the production of crops, allowing them to make money and alleviating the effects of the Dust Bowl

• Put industries, workers, and government together to establish fair business practices

Multiple Choice

Securities and Exchange Commission:

• Built roads, schools, and other infrastructure; also paid artists and photographers to create/document American culture

• Put industries, workers, and government together to establish fair business practices

• Monitors stock market activity to ensure there is no fraud or insider trading

• Established a minimum wage and child labor laws in America

Multiple Choice

Social Security Administration:

• Built roads, schools, and other infrastructure; also paid artists and photographers to create/document American culture

• A government-sponsored retirement program for people over 65; also offers benefits to people with disabilities who cannot work

• Insures bank deposits up to $250,000

• Monitors stock market activity to ensure there is no fraud or insider trading

Multiple Choice

Tennessee Valley Authority:

• Built dams along rivers in Tennessee and surrounding states to provide irrigation and cheap hydroelectric power

• Established a minimum wage and child labor laws in America

• Put industries, workers, and government together to establish fair business practices

• Insures bank deposits up to $250,000

Multiple Choice

Works Progress Administration

• Monitors stock market activity to ensure there is no fraud or insider trading

• Built roads, schools, and other infrastructure; also paid artists and photographers to create/document American culture

• A government-sponsored retirement program for people over age 65

• Built dams along rivers in Tennessee to provide irrigation and cheap hydroelectric power

Multiple Choice

How did FDR target the Supreme Court during his Presidency?

• FDR attempted to completely dismantle the Supreme Court and take over the American political system as a dictator

• FDR demonstrated the need for America to become a socialist country with no Supreme Court

• FDR threatened to fire Supreme Court justices and add more justices after the Supreme Court ruled many of his New Deal policies unconstitutional.

• FDR claimed that Americans were capable of self-rule and regulation after they had embraced the ideals of Rugged Individualism

Multiple Choice

Why was FDR accused of being a socialist during the Depression?

• FDR offered universal healthcare to Americans and re-distributed all of America’s wealth

• FDR expanded his power to become America’s first dictator

• FDR raised the American income tax to almost 99%.

• FDR increased the power of the government, allowed labor unions to expand their power, and created government-sponsored welfare programs

Multiple Choice

What was the main effect/change caused by the implementation of FDR’s New Deal?

• The New Deal immediately ended the Great Depression and saved America from economic collapse

• The New Deal taught Americans that they had to rely on themselves and that the government would never help them

• The New Deal caused the federal government to be much more involved in the daily lives of Americans

• The New Deal caused the American political system to shift from a democracy to a dictatorship