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52 Cards in this Set
- Front
- Back
A time when there were few jobs and people were very poor. |
Depression |
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Someone who finds fault in another |
Critic |
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Shares in owning a business or company |
Stock |
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A long period of dry weather when there is little to no rain. |
Drought |
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A supporter |
Advocate |
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Help given to those in need. |
Relief |
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A return to a normal condition |
Recovery |
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The system of how money is made and used or spent. |
Economy |
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A group of simple makeshift houses used by people who were homeless during the Great Depression. |
Hooverville |
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The number of people who are of working age but do not have jobs. |
Unemployment |
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President during the beginning of thee Great Depression - many people blamed him for the depression. |
Herbert Hoover |
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Elected president during the great depression |
Franklin D. Roosevelt |
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The stock market crash of _________ (also known as Black Tuesday) is considered one of the main causes of the Great Depression. |
1929 |
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Stocks go _________ when the company is not making money. |
Down |
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During WW1, factories and farms were producing products and crops for the west effort. After the at ended, the need for those crops ended so factories and dams had an increased number of products. This is called _____________, and is one of the main causes of the Great Depression. |
Overproduction |
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As a result of overproduction, factories had to close, people lost _______, and farms went bankrupt. |
Jobs |
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Mass __________ (due to overproduction and stock market crash) is considered one of the main causes of the Great Depression. |
Unemployment |
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After the stock market crash people started to get nervous and withdraw all of their money and many banks had to close, or the banks __________. |
Failed |
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______________ and buying on credit were one of the main causes of the Great Depression. During the roaring twenties, people started buying items on ‘credit’ then they couldn’t pay back the money they borrowed when they lost their jobs. |
Overspending |
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Where was the Dust bowl? |
The Great Plains |
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The dust bowl was caused by many years of growing ________ on farmland which caused damage to the soil system. |
Crops |
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Major _________ (periods of time with little to no rain) caused crops not to grow during the dust bowl. |
Droughts |
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________ _________ + droughts = dust storms = no money for crops, loss of farms. |
Damaged land |
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When was the dust bowl in the Great Plains? |
During the 1930’s |
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__________ in the Great Plains were impacted the most by the dust bowl. |
The farmers |
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Many people left the Great Plains during the dust bowl and moved to ________ where farming was better. |
California |
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The 1920’s was a time of _________, but the 1930’s was a time of _________. |
Prosperity Recession |
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Franklin DD. Roosevelt was elected president in _______. |
1932 |
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President Roosevelt developed the _____ ______ plan to get the country out of the Great Depression. |
New Deal |
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one of the 3 R’s: Give help to those that need it. |
Relief |
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one of the 3 R’s: get the country back to normal. |
Recovery |
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One of the 3 R’s: Make changes to help people and the country |
Reform |
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FDR created programs to help the country get out of the Great Depression such as the CCC, FDIC, TVA, SEC, PWA, SSA. |
FDR = Franklin D Roosevelt |
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Many of the programs FDR created hired people to build areas in the ________ ________ such as roads, bridges, national parks, libraries, etc… |
United States |
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Some critics thought the programs FDR created were too expensive and the _________ should not play such a big role in society. |
Government |
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CCC stands for |
Civilian Conservation Corps |
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TVA stands for |
Tennessee Valley Authority |
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PWA stands for |
Public Works Adminisration |
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WPA stands for |
Works Progress Administration |
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SSA stands for |
Social Security Act |
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FDIC stands for |
Federal Deposit Insurance Corporation |
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SEC stands for |
Securities and Exchange Commission |
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-Employed young unmarried men and housed them in army camps -paid by the government to complete land improvement projects |
The CCC (Civilian Conservation Corps) |
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-planted trees and created trails in state and national parks -some of the ones made had to be sent home to their families |
The CCC (Civilian Conservation Corps) |
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-one of the largest New Deal programs -taught better farming methods, replanted trees and built dams along the Tennessee river to better protect important land. -dams provided hydroelectric power and controlled flooding |
The TVA (Tennessee Valley Authority) |
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Bank Reform and the Stock Market -helped people feel better about banking -protected people who put their money in the bank by making sure a certain amount of their money would always be available to them |
FDIC (Federal Deposit Insurance Corporation) |
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Bank Reform & the Stock Market -created to make sure companies were honest with their investors -investors that lose money because of a company not being truthful can sue that company |
SEC (Securities and Exchange Commission) |
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Employed people for building dams, roads, airports, schools and hospitals |
PWA (Public Works Association) & WPA (Works Progress Administration) |
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In S.C. These programs built golf courses, city halls, new buildings in Charleston naval shipyard and the airport, and a tunnel for freshwater in Charleston. |
PWA (Public Works Association) & WPA (Works Progress Administration) |
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Hired artists and writers and preserved African American heritage |
PWA (Public Works Association) & WPA (Works Progress Administration) |
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-This was passed in 1935 -it provided assistance to the elderly community once they were retired |
SSA (Social Security Act) |
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-It provided a pension, care for the disabled and orphaned, and unemployment insurance -this law is still in place today |
SSA (Social Security Act) |