GreatDepressionNewDeal

What caused the Stock Market to "crash" in 1929, signaling the beginning of a decade long correction during the 1930s Great Depression? SELECT ALL THAT APPLY.

• Over production and surpluses, resulting in depressed prices both in agriculture and industrial sectors.

• Consumers purchased goods on credit, including buying stocks on margin which led to over speculation.

• The run on the banks by panicked depositors, many banks failed.

• Hitler's invasion of Poland and the beginning of WWII.

What was the name of shantytowns where unemployed and homeless Americans lived during the worst of the 1930s Great Depression?

• Detroit

• Hoovervilles

• Dust Bowl

• Civilian Conservation Corps

What best describes what was meant by "the crash" of the Stock Market on Black Tuesday, October 1929?

• The run on the banks and bank failures.

• A sudden rise in unemployment from factory layoffs.

• A sudden rise in cases of mental illness related to the Great Depression.

• A sudden decline in demand for stocks, drop in value.

The peak average percentage of unemployment during the Great Depression was________. HINT: Just for perspective, "Normal"/ "Healthy" unemployment is at about 4%.

• 10%

• 15%

• 25%

• 45%

What was the collective name of President Franklin D. Roosevelt's (FDR) programs for a more active role for the federal government in addressing the problems of the Great Depression?

• Square Deal

• Build Back Better

• New Deal

• Great Society

Which of the following describes President Herbert Hoover's approach to addressing the problems of the Great Depression? SELECT ALL THAT APPLY.

• Offer direct federal aid (financial support) to the unemployed.

• Encourage the "rugged individualism" of Americans to help each other during tough times, private missions and soup kitchens.

• Support pro- business measures like tariffs, the Hawley- Smoot Tariff, to keep out foreign competition.

• Reassure Americans that prosperity was just around the corner and that the Depression was just a normal part of the economic cycle.

What was the so-called "Bonus Army" demanding when they came by the thousands to Washington D.C. in 1932? Hoover evicted them by military force, in an election year!

• Veterans wanted money for their service in WWI to be paid early so they could feed their family.

• The Army wanted President Hoover to step down from office because his presence was causing political instability.

• Unions wanted the government to do more to stimulate economic growth and jobs.

• Farmers wanted federal aid to prevent foreclosure of homes and farms.

Overcultivation and drought resulted in the so-called Dust Bowl that made worse the plight of farmers during the Great Depression. Which of the following would be a state that was most severely affected by the Dust Bowl?

• West Virginia

• Florida

• California

• Oklahoma

Where were the so-called "Okies" escaping the Dust Bowl likely moving to during the 1930s-- they had been promised the opportunity of jobs? This was the subject of the Steinbeck novel, The Grapes of Wrath.

• Florida

• California

• West Virginia

• Oklahoma

What was President Franklin D. Roosevelt (FDR) referring to when he said "we have nothing to fear, but fear itself" in his first Inaugural Address (1933)?

• working together at the beginning of WWII

• working together at the beginning of WWI

• bold action in the face of unprecedented high unemployment during the Great Depression

• concerns of revolution associated with the so-called "Bonus Army" incident