Great Depression/New Deal Study Guide

The government staying out of the economy is known as...

• Laissez-Faire

• Lazy Policy

• Louse-Frite

• Austrian Economic Theory

One major reason farmers struggled throughout the 1920s was because...

• Underproduced crops (prices rose)

• Gave up on producing (creating chaos)

• Overproduced crops (prices fell)

• Experienced a shortage in workers

The strategy of purchasing stocks on credit. This entangled many banks with the Stock Market and created a bubble.

• Deflation of Monetary Value

• Buying on the Margin

• Wealth Accumulation

• Buying of De-purchased Stock

What was a Run on a Bank?

• Citizens rushing to their bank to invest money into the stock market

• Citizens rushing to their bank to Deposit money

• Citizens jogging to the bank for exercist

• Citizens rushing to their bank to withdraw their money

Black Tuesday happened on what date?

• October 27th 1929

• October 29th, 1929

• October 28th, 1930

• October 19th 1929

What was the Dawes Plan?

• American plan to loan money to German, so the US could get repaid by Britain and France

• British plan to force the United States to drop the debt owed by them.

• American plan to loan money to Australia, so the US could get money from Germany

• German plan to avoid paying reparations from WWI.

These women challenged the social mores of society by rebelling against dress codes and traditionalist attitudes.

• Flappers

• Overproduction

• Red Scare

• Palmer

These were charity lines that offered free and low cost food.

• Soup and Bread Lines

• Bank Runs

• Dust Bowls

• Charity Kitchens

Displaced farmers who migrated around the Great Plains and West Coast looking for jobs.

• Sharecroppers

• Dusties

• Okies

• Exodusters

This is an example of the...

• Dust Tornado

• Typhoon

• Run on a Bank

• Dust Bowl