Final Exam Review- chapters 23/24

When a large number of people began selling most of their stock; Caused panic & more people began selling their stock.

• The Great Recession

• Economic downturn

• Stock Market Crash of 1929

Won the election of 1932 & began his New Deal programs to try & solve the problems of the Great Depression:

• Teddy Roosevelt

• Franklin Roosevelt

• Barack Obama

• Herbert Hoover

A series of programs aimed at providing relief, recovery, & reform during the Great Depression:

• Wilson's 14 Points

• Treaty of Versailles

• New Deal

• Prohibition

What was the WPA?

• The Worker's Probation Administration

• The Worker's Protected Administration

• The Works Progress Administration

• The Works Progressive Administration

The Civilian Conservation Corps (CCC) who were a part of The New Deal, built structures in Stephenville, Texas.

• True

• False

The 1920s was a decade known as....

• Roaring 20's

• Slow 20's

• Economic Depression 20's

• Party 20's

What problem were both the Civilian Conservation Corps and the Works Progress Administration developed to address?

• High unemployment

• Excessive stock market speculation

• Overproduction of goods

• Increased use of credit

What was a criticism from people who opposed the New Deal?

• They blamed the Depression on Lincoln

• They blamed the Depression on Roosevelt

• We would not be able to do enough to help support struggling families

• It would cost too much money, especially when we were already in a depression

If someone was lucky enough to not lose their job during the Great Depression, what is something that could still happen to them?

• They had their children sent to school for free

• they would get a raise because there were fewer workers

• They would be told to wok overtime

• They would have their salaries cut

Why did President Hoover not get involved as much as should have in response to the Great Depression?

• He didn't think anything could be done for lower class families

• He opposed a lazziez-faire economy

• He believed that businesses, local governments, and charities would be able to fix things on their own

• He wanted to get involved, but Congress wouldn't let him