Great Depression

Social Security, welfare, taxes, CCC were programs to increase government intervention in the US economy in the -

• Great Depression Deal

• New Deal

• New Economic Policy

• Keynesian Deal

Nickname for US economy post-WWI, 1920s

• Roaring 20s

• Boomtime 20s

• Boom to Bust 20s

• Great Depression

Henry Ford's contribution to the US economic boom?

• Powerloom

• Lightbulb

• Keynesian Economics

• Assembly Line

Credit, reparations, loans, WWI production led to

• overproduction

• underproduction

• invisible hands

• Communism

Crazy way to invest in the stock market causing inflation

• guilds

• margin buying

• run on banks

• credit cards

The failure of secure banking systems was one of cause of the Great Depression.

• True

• False

New economic strategy that allowed some government participation in the US economy to provide public works jobs. This is a demand-side system.

• Keynesian Economics

• Laissez-Faire Economics

• Supply and Demand Economics

• Capitalism

Economist who challenged traditional US laissez-faire, supply-side, capitalistic economics

• Voltaire

• John Locke

• Adam Smith

• John Keynes

The Autobahn, dams, roads, bridges, military buildups, Hoover Dam, ejtc. were private, entrepreneurial projects created to provide jobs

• True

• False

Both Franklin Delano Roosevelt (FDR) in the US and Adolf Hitler in Germany adopted Keynesian Economics to improve their state economies

• True

• False