Great Depression

President during the 1930s who was considered a failure because he couldn't fix the Great Depression.

• Franklin D. Roosevelt
• Herbert Hoover
• Margaret Mitchell
• Jessie Owens

The president who promised the people a "New Deal" during the Great Depression.

• Jesse Owens
• Herbert Hoover
• Franklin D. Roosevelt
• George Washington

What role do banks have in  the economy? 

• They provide loans to people who need money and help people invest money in stocks.
• They tax customers to pay for new programs.
• They decide how everyone should spend their money.
• They do not play a role in the economy.

Which of the following is the government's role in the economy? 

• Providing stocks to people who need to invest. 
• The  main provider of loans to people who want to buy homes.
• Giving interest to people who put their money into savings accounts. 
• Building roads, schools, hospitals, and more with tax money.

What role do private businesses have in the economy? 

• They provide goods for people to buy.  They provide jobs for people to work at.
• They help people open up savings accounts.
• They give interest to people who save money in a savings account. 
• They do not play a role in the economy.

Why does the government tax people?

• Taxes pay for government programs and services, such as schools and military. 
• The government does not tax people.
• Taxes help businesses make more money.
• The government taxes  people so that no one gets too rich.

What program did Franklin Roosevelt create in order to help Americans during the Great depression?

• Roosevelts boys
• Newer Deal
• New Deal
• FDR's relief

What were the 3 causes of the Great Depression?

• FDR, The New Deal, The Second New Deal
• Herbert Hoover, Hobos, Riding the Rails
• Credit, Stock Market Crash, Corruption

Define Black Tuesday

• Group of government programs created to try and end the Great Depression.
• October 29, 1929 when the stock market crashed. It was the official start of the Great Depression
• Minimal improvement in economy. FDR urged congress to pass additional programs.

Which of the following would MOST contribute to people living beyond their means?

• Credit
• Rich People
• Goverment
• The Stock Market