The Great Depression and New Deal Summative Assessment

When was Herbert Hoover elected?

1928

When was FDR elected?

1932

What does CCC stand for?

Civilian Conservation Corps

Identify the 4 causes of the great depression

Credit, over production, stock market crash, tariffs and taxes, uneven distribution of wealth

What was the Dust Bowl and what caused it?

Crisis in the farm industry- many farmers lost their homes. Caused by over use of the land- poor farming techniques

How did the public react to the supreme court opposing the New Deal?

Did not like it

what does FDIC stand for?

Federal Deposit Insurance Corporation

What does FERA stand for?

Federal Emergency Relief Administration

What is the Wagner Act?

Gave explicit protection to the rights of worker to organize UNIONS and engage in collective bargaining

Identify evidence that the people blamed Hoover for the depths of the Depression

Hooverism, Hooverville, didn't get re-elected

What was the bonus army and what did they want

Jobless WW1 veterans who wanted their bonus now

What does NRA stand for?

National Recovery Administration

What was FDR's plan called?

New Deal

What was the Social Security Act?

Provided an income for retired workers

Identify the 3 R's

Relief, Reform, Recovery

What does SEC stand for?

Securities and Exchange Commission

What was Hoover's plan to end the Great Depression?

The trickle down effect

Why did the Supreme Court oppose the New Deal?

They thought it was illegal.

Why were people opposed to the New Deal?

To much business regulation, deficit spending

What does "on margin" mean?

When you buy stocks with a loan

What did the FERA do?

gave money to states

What did the CCC do?

gave outdoor jobs to young men

What did the NRA do?

it set prices of many products and established wages for workers

What did the SEC do?

regulated the stock market

What did the FDIC do?

the goal was to prevent bank failures by providing government insurance for bank deposits