Great Depression and WWII

The Stock Market crashed in October of 1929 mainly because of a panic. A panic is when...

• too many people were investing in stocks without knowing how the market worked.

• people get fearful of falling prices so everyone tries to sell their stocks at the same time

• there are too many insider trading tips and correction in the market

• the economy goes up and down, like a roller coaster

Many people lost their jobs during the Great Depression.  The national government responded with President Franklin Roosevelt's "New Deal," which

• provided programs to help people make money to provide for their needs. 
• helped reduce the national debt, providing more capital for businesses
• forced people to join the military forces to make money for their needs. 
• forced people to use charities to help them provide for their needs. 

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

Where could people go to get a free hot meal?

• Hoovervilles

• Banks

• McDonalds

• Soup kitchens

Where did people live who couldn't afford their homes?

• hotels

• banks

• Hoovervilles

• Roosevelt apartments

In what ways did the New Deal help Americans?

• It improved education for all citizens

• It helped people pay taxes

• It provided jobs, food, and shelter for those in need

• It protected people from discrimination

How did President Franklin Roosevelt tell the American people about his New Deal?

• Only in newspapers

• Twitter

• On the radio - fireside chats

• TV

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

• Securities and Exchange Commission

• Social Security Administration

• Federal Deposit Insurance Corporation

• Federal Housing Administration

The New Deal stressed Relief, Recover, and _______.

• Reform
• Revolution
• Reinvention
• Reinforcement

Which of the following accurately describes how foreign policy contributed to the Great Depression?

• German aggression threatened war, causing massive military buildups and draining treasuries

• European factories produced automobiles, challenging American manufacturing dominance.

• American tariffs slowed global trade by reducing exports, harming worldwide economies.

• South American sugar producers slowed production, straining worldwide supply chains.