Review for Standard 17 and 18 Test (Friday) 4/12 Great Depression and New Deal
What president was in office when the Stock Market Crashed? Herbert Hoover
Who moved to the West Coast to start their lives over again in the 1930's? Farmers of the Great Plains (Oklahoma, Kansas, Texas, Colorado, and New Mexico)
What significant event happened to the world in 1929? Stock Market Crashed
Who were those who tried to make quick money on the stock market? Speculators
What did the Wagner Act provide? (3) – guaranteed workers the right to unionize – allowed for collective bargaining – allowed for binding arbitration – formed the National Labor Relations Board to monitor labor issues
Why did FDR launch a SECOND New Deal? To try and speed up the recovery process
What caused farmers to leave their homes in the Great Plains of the U.S. during the early 1930's? (3) Poor soil management Drought Winds
What is stock speculation? Money was not literally being put on stocks There was an invisible value “lent” to people who often bought stock Stock venders were giving stock value of money that really wasn’t there.
What was the name given to shanty towns built in the era of the Great Depression? Hoovervilles
What the nickname given to the agricultural area of the U.S. that many people left because their farms were useless? The Dust Bowl
What is over production? Producing too much, a surplus
What happened when farmers had too much of a surplus and they couldn't make payments? They claimed Bankruptcy (lost the farms)
Why did farmers of the 1920's and 1930's have a surplus? Advances made in Farming Technology. We were producing more than we ever had in history.
What one event led the world into the Great Depression? The Stock Market Crash of 1929
What president gets the U.S. out of the Great Depression? Franklin Delano Roosevelt
How many times was the president from #15 elected? What political party was he affiliated? 4 times Democrat
What is the law in 1935 passed by Congress to protect worker’s right to unionization? Wagner Act
Who was the presidential candidate (that ran against FDR) that believed that wealth should be redistributed to everyone in the U.S.? Huey Long
What did FDR try to do to the Supreme court during his presidency? Tried to pass the “Court Packing” Bill, which would make the Supreme Court move from 9 Supreme Court justices to 12.
Who was the man that organized a march on Washington D.C. for the elimination of discrimination in defense industries and government? A. Phillip Randolph
What laws were passed by the U.S. congress in 1930’s in response to the growing turmoil in Europe and Asia that eventually led to WWII? Neutrality Act (FDR)
What was created to help provide flood control, electricity generation and economic development for an un-modern section of the U.S. effect by the Great Depression? Tennessee Valley Authority (TVA)
What are the three R’s of FDR’s New Deal Policy? Relief, Recovery, and Reform.
What are temporary jobs given to single men filling sandbags and helping out like in a disaster situation? Civilian Conservation Corps (CCC)
What is the permanent agency designed to insure depositors money in savings bank (now up to $100,000.00)? Federal Deposit Insurance Corporation (FDIC)
What new deal agency enforced the labor laws under the Wagner act? National Labor Relations Act and National Labor Relations Board (NLRA/NLRB)
What is it called when someone (speculators) borrow money to buy stocks? Buying on the margin
What three things did the 1935 Social Security Act provide for Americans? – retirement benefits – unemployment insurance – welfare payments to the needy
Why was FDR’s Court Packing Bill not considered a fair idea? He was trying to control another branch of government (Judicial being selected by Executive) He would be over powering the “Checks and Balances”
When people didn’t buy product (for reasons like: they couldn’t afford it) it did what result in? (which effected Factories and Farmers) Lower Prices
What are two areas of social change that Eleanor Roosevelt helped promote during her husband’s term in office? Minority Rights Women’s Rights
How many years did it take for FDR to write a second New Deal? 2
As the world dealt with the Great Depression, what happened in countries like Germany, Russia, Italy, and Japan? Dictators rose to take power
What is the name of the solution for the Great Depression? The New Deal