Great Depression/New Deal

FDR's weekly radio broadcasts were called

• Weekly chats
• 60 Minutes
• The Roosevelt Hour
• Fireside chats

People lost money during the Great Depression thanks to all of these EXCEPT

• losing jobs

• Stock market crash 

• New Deal

• Banks closing

President Hoover

• started the New Deal
• was a very popular leader
• was blamed for not doing enough to help people
• won re-election in 1932 over Roosevelt

The Agricultural Adjustment Act (AAA)

• hurt farmers by lowering crop prices
• paid farmers to grow less crops
• accidentally created the Dust Bowl
• was a very popular New Deal program among all Americans

The Bonus Army

• was rejected by the Senate and chased out of town
• was praised by Hoover and given their checks early
• tried to attack the White House
• was a New Deal jobs program

The biggest problem for many Americans during the Great Depression was

• deflation

• unemployment

• a thriving stock market

• high interest rates

Hoovervilles

• already existed in most cities before the Depression
• were set up by Hoover to help people find a place to live
• were built in cities by families who were too poor to pay rent
• were created by FDR as part of the New Deal

All of these are true about Social Security EXCEPT

• it is still in effect today

• it was originally meant to help only elderly people

• it was meant to be a short-term program with limited impact

• it was part of FDR's plan to reform the economy

The New Deal

• completely eliminated the problem of unemployment
• is still impacting our lives today
• was opposed by FDR but passed over his veto by Congress
• created a balanced federal budget

This program serves as insurance on Americans' money in U.S. banks.

• Securities and Exchange Commission

• Works Progress Administration

• Federal Deposit Insurance Corp.

• Social Security Act