Great Depression and New Deal Review

What is a tariff?

• A tax put on imported goods

• A tax put on anything related to shipping a good

• The cost of creating a good

• The cost of investment in the stock market

What was the "spark" of the Great Depression?

• Unemployment rate skyrocketing

• Trickle-Down Economics failing

• Farming overproduction

• The Stock Market crashing

What is a difference between President Hoover and President Roosevelt (FDR)

• Hoover used the Federal Reserve while FDR did not

• Hoover wanted to fix things at a local level while FDR put his focus on the federal level

• Hoover focused on banks while FDR focused on big businesses

• Hoover created many jobs while FDR had a hands-off approach

Which of these New Deal policies focused on offering farmers money in exchange of limiting production of certain crops/livestock?

• FDIC

• SEC

• AAA

• CCC

Which of these is NOT a cause of the Great Depression?

• Decrease in Demand

• Banks closing/failing

• Not enough tariffs on imported goods

• Other nation's not being able to pay back their loans to the U.S.

Why did Hoover's "Trickle-Down Economics" plan not work?

• Businesses and banks kept the money loaned/given to them

• The market economy was too stimulated

• The plan was not in communication with a lot of the population

• All of the above

Which groups were "left out" from the New Deal?

• The Elderly

• Black citizens

• The poor (in general)

• All of the above

Why did the unemployment rate go back up during FDR's presidency?

• People were unhappy with the programs FDR created

• WW2 had started

• FDR began to reduce federal spending

• Social Security was not yet created

What types of jobs did the CCC provide?

• Manual labor jobs

• Office jobs

• Military-related jobs

• Political jobs

What is the meaning behind this political cartoon?

• Hoover is telling people to focus on businesses and not the "what-ifs"

• Hoover is telling people to open up more businesses and stop worrying about failure

• Hoover is telling people that sometimes it is okay to take the long way

• Hoover is telling people that you WILL pass this test