New Deal Exit Ticket

Which of the following was not a cause of the Great Depression

• Stock market crash

• Unpaid debts from fighting WWI

• Banks make loans that borrowers cannot pay back

• Factories and farms produce more goods than people can buy

Who was the President of the US when the stock market crashed and the Depression began?

• Theodore Roosevelt

• Herbert Hoover

• Franklin D Roosevelt

• William McKinley

Which economic factor contributed most directly to the start of the Great Depression?

• low worker productivity

• high income taxes

• decreasing tariff rates

• borrowing money to buy stocks

Franklin Delano Roosevelt (FDR)

• the plan of relief, recovery, and reform to relieve the suffering, get us out of the depression, and prevent future depressions

• to buy or sell stocks or land, hoping to gain huge profits quickly

• the president whose New Deal program sought to bring about relief, recovery, and reform

• a period of economic hard times that lasted from 1929 to 1941

Which present day institution was created during the Great Depression to provide elderly citizens income help?

• Securities and Exchange Commission

• Social Security Administration

• Federal Deposit Insurance Corporation

• Federal Housing Administration

The ____ was an agency formed to insure bank deposits up to a certain amount.

• Social Security
• SEC
• FDIC
• Tennessee Valley Authority

Which was a guiding principle of New Deal economic policies?

• “Rugged individualism” will end social inequality
• Government must assume greater responsibility for helping the unfortunate
• Antitrust legislation could destroy the free enterprise system
• State governments should have more power over the economy than the national government

One difference between the administrations of President Roosevelt and President Hoover was that Roosevelt was-

• more willing to use government intervention to solve economic problems
• unwilling to allow government agencies to establish jobs
• able to ignore economic issues for most of his first term in office
• opposed to any type of government regulation of financial institutions

What are the 3 R's of the New Deal?

• Relief, Rebuild, and Reform
• Recover, Rebuild, and Reform
• Relief, Recovery, and Reform
• Recover, Revive, and Reform

Which New Deal program employed young men 18-25 to work on various projects to improve the country?

• Social Security Act

• Fair labor Standards Act

• Rural Electrification Act

• Civilian Conservation Corps