The Great Depression

The Great Depression began in

• 1925
• 1929
• 1932
• 1940

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CCSS.RL.7.9

CCSS.RL.8.9

Who was president at the time of the Stock Market Crash of 1929?

• Abraham Lincoln
• Franklin D. Roosevelt
• Theodore Roosevelt
• Herbert Hoover

After the Stock Market Crash, many people lost their life savings because _______________.

• banks closed
• banks gave away their money
• they couldn't remember where they put it
• someone stole it

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CCSS.RI.8.1

CCSS.RI.8.8

CCSS.RL.11-12.1

CCSS.RL.8.1

CCSS.RL.9-10.1

What tool - passed during the Hoover Administration -  designed to protect American manufacturers actually ended up creating a worldwide depression?

• Reconstruction Finance Committee
• Hawley-Smoot Tariff
• New Deal
• Second New Deal

How did "bank runs" impact the American people during the Great Depression?

• Banks eventually ran out of money to loan, and people's life savings were gone.
• Banks made loans throughout the Great Depression, helping people pays bills until they could find work.
• Banks were able to people's deposits safe, but they could not loan out any more money.
• Banks were not at all involved in the Great Depression because people did not use them.

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 third-party campaign.
• Roosevelt won a third term.

FDR addressed the American public in weekly broadcasts known as:

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

As part of the New Deal, the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) were created to

• allow for a quick recovery of stock prices
• provide direct loans to businesses
• protect individual investors from stock fraud and bank failure
• allow banks and companies to invest in the stock market

The Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA) were both New Deal programs developed to address the problem of

• excessive stock market speculation
• high unemployment
• increased use of credit
• limited income of senior citizens

Passage of the Social Security Act (1935) helped American workers by 

• creating jobs for the unemployed
• guaranteeing a minimum wage
• legalizing the right to join labor unions
• providing financial assistance after retirement