The Great Depression

Define Hyperinflation

• Money loses value quickly
• Money gains value quickly
• The market becomes flooded with a surplus
• The Stock Market rises quickly in one day

The day the stock market crashed is known as:

• Black Monday
• Black Tuesday
• Black Wednesday
• Black Thursday

FDR's plan to fix the American Economy was called:

• The New Deal
• Reaganomics
• Economic Injection
• The "band-aid" Solution

True or False: By raising taxes and giving the money to businesses, Britain was able to create more jobs

• True
• False

This term describes the decade of great wealth America enjoyed after WWI

• Roaring 20s
• Roaring 30s
• Roaring 10s
• Roaring 40s

Buying on margin means:

• buying stocks at a fraction of their price, with the promise of paying the rest later
• planning out your budget to make sure you have enough to get by
• Buying a few stocks from many companies to ensure profit
• Pouring all of your money into one stock in order to ensure profit

This president was blamed for not doing enough during the Great Depression, so much so that shanty towns were named after him

• Hoover
• Roosevelt
• Wilson
• Polk

This country had to pay huge war reparations after WWI, causing its economy to collapse

• Germany
• France
• Britain
• US

This Image is used to describe:

• The failure of banks, causing people to lose their life savings
• How irresponsible people were with their money in the 20s
• How overspending had caused an economic collapse
• That buying on credit caused the stock market to crash

Many organizations, such as the CCC and the SSA, were created to help Americans get back on their feet. These organizations were known as:

• Alphabet Soup
• The 3 Rs
• FDR's economic plan
• Economic Revitalization project