U. S. Studies II Great Depression & New Deal Review Game

1. U. S. Studies II Great Depression & New Deal Review Game

3. A share of ownership in a company. Stock A1

4. The maintenance of a price at a certain level through government interaction. Price Support A2

5. This is an arrangement in which consumers agree to buy now and pay later for purchases, often on an installment plan that includes interest charges. Credit A3

6. This Republican won the presidential election of 1928. Herbert Hoover A4

7. This term refers to making extremely risky business transactions on the chance of making quick or considerable profits. Speculation A5

8. This term is the name of the most widely used measure of the stock market’s health. Dow Jones Industrial Average A6

9. During the 1920s, how did farmers try to boost profits during these tough times? Farmers tired to increase production, and make more profits. A7

10. This term refers to paying a small percentage of a stock’s price as a down payment and borrowing the rest. Buying on Margin A8

11. In calling shantytowns “Hoovervilles,” people conveyed their: Disgust with President Hoover A9

12. A10

13. This is the period from 1924 to 1940 in which the economy plummeted and unemployment skyrocketed. Great Depression B1

14. A neighborhood in which people live in makeshift shacks. Shantytown B2

15. Cash payments or food provided by the government to the poor. Direct Relief B3

16. In calling shantytowns “Hoovervilles,” people conveyed their: Disgust with President Hoover B4

17. The region, including Texas, Oklahoma, Kansas, Colorado, and New Mexico, that was made worthless for farming by drought and ---- storms. Dust Bowl. B5

18. Herbert Hoover’s approach to the Depression economy was based on a belief in: Direct Government Relief B6

19. This reduced the flow of goods into the United States and prevented other countries from earning American currency to buy American exports. Hawley-Smoot Tariff Act B7

20. An example of psychological stress caused by the Great Depression was the rise in the number of: People committed suicide. B8

21. B9

22. B10

23. What was the first major action Roosevelt took as president? He called the first meeting of the “Brain Trust.” C1

24. Government agency set up by the Federal Securities Act to regulate the Stock Market. Securities Exchange Commission C2

25. This authorized the Treasury Department to inspect banks and to close those that were unsound, with the greater goal of restoring public confidence in the banking system. Emergency Banking Relief Act C3

26. This established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system. Glass-Steagall Banking Act C4

27. This required corporations to provide complete information on all stock offerings, with the greater goal of restoring public confidence in the stock market. Federal Securities Act C5

28. Why did the U.S. Supreme Court declare that the National Industrial Recovery Act (NIRA) as unconstitutional? The NIRA gave legislative powers to executive branch. C6

29. Government agency that grants loans to homeowners who faced foreclosure because they could not meet loan payments. Home Owners Loan Corporation C7

30. Government agency that set prices of many products, established standards for working hours, and a ban on child labor. National Recovery Administration C8

31. Government agency that furnishes loans for home mortgages and repairs. Federal Housing Administration C9

32. C10

33. Program designed to alleviate the problems of the Great Depression, focusing on relief for the needy, economic recovery, and financial reform. New Deal D1

34. The Supreme Court ruled that the ___ was unconstitutional on the grounds that its provisions were local matters and should be regulated by the states. Agricultural Adjustment Act D2

35. This paid farmers to lower production and, in some cases, to destroy crops, with the greater goal of raising crop prices and farm income. Agricultural Adjustment Act D3

36. This helped to create prosperity in a poverty-stricken region by providing funds to build and repair dams, flood-control projects, and power plants. Tennessee Valley Authority D4

37. The Wagner Act set up which of the following government agencies? National Labor Relations Board D5

38. The ___ reflected President Roosevelt’s concern for the natural environment. Civilian Conservation Corps D6

39. Which group did theNational Labor Relations Boardhelp to support in American industry? Unions D7

40. Of the New Deal policies, ___ had the biggest long-term impact on the American economy: Social Security Act D8

41. D9

42. D10

43. Even though the economy was not back to normal, what event distracted President Roosevelt from his New Deal programs? Rise of Hitler in Europe E1

44. What reached a new high during Roosevelt’s first term as president? National Debt E2

45. What is the legacy of the Agricultural Adjustment Actfor the United States? The U.S. government would again use agricultural price supports to help aid U.S. farmers. E3

46. Government agency that regulates the Banking Industry, and provides deposit insurance ($100,000) Federal Deposit Insurance Corporation E4

47. Government agency that regulates the Stock Market and the companies that trade stock on the market. Securities Exchange Commission E5

48. New Deal legislation that provided a pension for retired workers and their spouses and aided people with disabilities, poor mothers with dependent children, and the needy elderly: Social Security Act E6

49. How did the Liberals criticize the New Deal? The New Deal did not go far enough to socialize the economy, and to eliminate social and economic inequalities. E7

50. Why did the U.S. government financially support the photojournalist efforts of photographing the suffering of rural America? To provide the U.S. public pictorial evidence of how bad the conditions were in rural America. E8