U.S. History Regents Review - Set 5: 16, 17, 18

What are the 3 causes of the Great Depression

• Unequal Distribution of Wealth-the top 1-2% controlled all the money

• Overproduction-caused prices to drop.

• Buying goods on credit- When the loans couldn't be paid back it hurt the banks

• American aid to Europe Post-WWI

How did the public react to our gov't after the Bonus Army incident?

• The public's anger was directed towards President Hoover.

• The public's anger was directed towards The House of Representatives.

• The public's anger was directed towards the Supreme Court.

• The public's anger was directed towards the Military Command.

Seven year drought in the Great Plains that forced thousands of farmers to move west.

• The Great Famine

• The Dry Spell

• The Dust Bowl

• The Breadbasket Collapse

FDR's plan to end the Great Depression.

• The Recovery Act

• The Fiscal Responsibilities Act

• No Credit Commissions

• The New Deal

Why was the Works Progress Administration created?

• To create jobs for the unemployed through public works projects.

• Gave workers the right to form unions and collectively bargain.

• To monitor the stock market.

• To regain the public's confidence in the banks.

The Wagner Act (National Labors Relations Act).

• To create jobs for the unemployed through public works projects.

• Gave workers the right to form unions and collectively bargain.

• To monitor the stock market.

• To regain the public's confidence in the banks.

Why was the Securities Exchange Commission (SEC) created?

• To create jobs for the unemployed through public works projects.

• Gave workers the right to form unions and collectively bargain.

• To monitor the stock market.

• To regain the public's confidence in the banks.

What was the purpose of Bank Holidays and the FDIC?

• To create jobs for the unemployed through public works projects.

• Gave workers the right to form unions and collectively bargain.

• To monitor the stock market.

• To regain the public's confidence in the banks.

How did the New Deal change the gov'ts role with the economy and the life of citizens?

• Citizens and the economy became more dependent on the gov't.

• Citizens and the economy became less dependent on the gov't.

FDR attempted to add 6 new judges to the Court to prevent his New Deal programs from being defeated. Congress said no because it would threaten checks and balances.

• The Plan of Action

• FDR's Court Packing Plan

• The Lend Lease Act

• FDR's Takeover