The Great Depression

How did the New Deal try to solve the problems caused by the Dust Bowl?

• by offering young farmers work in national forests
• by paying farmers to plant crops that would help the soil recover
• by encouraging farmers to migrate from Oklahoma to California
• by sending environmentalists to Oklahoma to introduce sustainable farming techniques

Based on your knowledge of the Great Depression, what was one of Franklin D. Roosevelt’s top priorities?

• finding ways to slow the effects of the Great Depression
• increasing the size of state governments
• focusing on keeping the country out of World War II
• limiting the power of the federal government

In 1932, Franklin Delano Roosevelt won the Democratic nomination for president and campaigned on a platform to help “the forgotten man at the bottom of the economic pyramid.”
Which group was President Roosevelt discussing?

• returning soldiers
• unemployed people
• minorities who had few civil rights
• stock owners who sustained heavy losses

Federal Deposit Insurance Corporation (FDIC)
•Established in 1933
•Insures bank deposits
•Reduces instability caused by bank failures

Which conclusion is BEST supported by the list?

• Regulations on financial institutions led to a decrease in state revenues.
• Financial institutions were taken over by the national government.
• National markets were collectivized to stabilize the economy.
• Government reforms helped restore confidence in the economy.

Which action by President Franklin D. Roosevelt MOST increased the powers of the executive branch?

• proposing the reorganization of the Supreme Court to protect New Deal policies
• calling for a declaration of war after the bombing of Pearl Harbor
• imposing industry regulations under the National Recovery Act
• forming the Works Progress Administration to provide direct relief payments

A major effect of the National Labor Relations Act (Wagner Act, 1935) was that labor unions

• were soon controlled by large corporations
• experienced increasing difficulty in gaining new members
• obtained the right to bargain collectively
• lost the right to strike

March 1933—President Franklin D. Roosevelt declared a four-day bank holiday to prevent the export of gold out of the country.
April 1933—President Roosevelt issued an order to make it illegal to hoard all forms of gold.
June 1933—The United States abandoned the gold standard.
  August 1933—An executive order was issued to further regulate gold hoarding and exportation.
Why were these policies enacted by the U.S. government?

• to establish equitable business practices
• to stabilize a volatile economy
• to limit the profitability of companies
• to stop dishonest monetary practices

What was the MAIN cause for the need for soup kitchens during the 1930s?

• increase in food prices
• decrease in crop production
• high rate of unemployment
• exchange rate of the dollar

Which statement describes the effect Herbert Hoover’s conservative tax policies had on the economy in the 1930s?

• Rising inflation led to expansion of existing commercial development.
• The Great Depression deepened because of declining individual incomes.
• The Treasury Department was able to raise money to pay for New Deal programs.
• Legislators were able to balance the federal budget after years of government deficits.

All of the following contributed to the bank failures of the late 1920s EXCEPT

• unpaid farm loans.
• the stock market crash.
• overextension of credit.
• bank holidays.