Great Depression Quiz Show

1. Great Depression Quiz Show Semester 2 Unit 2 Modern US History March 14, 2011

2. Vocabulary

3. What are hoboes? Men or teens who left their family seeking work. They travelled the country by train

4. The highest average level of unemployment during the Great Depression was: 5% 35% 15% 45% 25%

5. What is buying on margin? Buying on margin is when people would buy a stock by paying only a little bit. They would pay off the rest when they sold the stock for a profit (hopefully!)

6. Fireside chats were when President Roosevelt got on the radio to tell the American people about how he was going to fix the Depression

7. Foreclosure was when you couldn’t pay your mortgage and the _______ took your house or farm. Bank

8. Match the term with its definition Dustbowl Deficit Spending Shantytowns Overproduction Hawley-Smoot Tariff VERY high tax on imports – reduced world trade Groups of shacks that homeless people lived in When the Midwest experienced a terrible drought The government spends more money than it has When factories and farms made more products than people could buy

9. Workers that picked crops on farms and traveled from farm to farm based on the season are called: Migrant Workers

10. The Trickle Down Theory Is also known as deficit spending Was Roosevelt’s plan to give a lot of money to the needy in the hopes that this would stimulate spending Was Hoover’s plan to give a lot of money to the needy in the hopes that this would stimulate spending Was Roosevelt’s plan to give a little money to the rich (business owners) in the hopes that it would work its way through the economy Was Hoover’s plan to give a little money to the rich (business owners) in the hopes that it would work its way through the economy

11. What was the “Bonus Army”? A group of WWI veterans who wanted the bonus they were supposed to get in 1946 given to them early since it was the Great Depression. This got voted down and then Hoover gassed their shantytowns to get them out of Washington.

12. If the Supreme Court says a law is unconstitutional, the law gets to continue being a law

13. Alphabet Agencies

14. The Fair Labor Standards Act Provided all of the following EXCEPT: Laws against hazardous work for those under 18 Rules for the employment of those under the age of 16 Maximum Hours Minimum Wage The right to unionize

15. The Wagner Act was important for workers because it provided: Laws about cleanliness in factories Minimum Wage Social Security Unemployment insurance The right to unionize

16. The Social Security Act provided ALL of the following EXCEPT: Aid to those who can’t work because of a disability Unemployment Compensation Retirement pensions for the widowed spouses of workers over the age of 65 Retirement pensions for workers over the age of 65 A requirement for those receiving retirement pensions to spend the entire amount each month

17. Match these programs for those in Rural Areas AAA FSA Soil Conservation and Domestic Allotment Act REA TVA Built dams in the Tenn. River Valley Paid farmers to grow crops that were good for the soil Paid farmers to not grow as many crops Helped tenant farmers buy farms and created homes for migrant workers Brought Electricity to America’s Farms

18. The _____ closed banks to inspect them and the ______ insured people’s bank accounts once the banks reopened. Emergency Banking Relief Act AND The Federal Deposit Insurance Corporation (FDIC)

19. This Alphabet Agency Program regulated activity in the Stock Market to stop buying on margin and other problematic practices: The SEC (Securities and Exchange Commission)

20. The Civilian Conservation Corps did ALL of the following EXCEPT: Sent $25 home to each man’s family each month while the man kept $5 Helped to plant trees to create windbreaks and stop the erosion of the Dust Bowl Created buildings or structures of lasting benefit to America like Timberline Lodge Provided jobs for 18-23 year old men Found jobs for the men once they left the program

21. The CWA, PWA, and WPA are all examples of Alphabet Agency work programs that gave jobs to millions The PWA was the first and gave money directly to the states to create jobs. The CWA came in November 1933 and built schools, roads, and paid schoolteachers. The WPA was created in 1935 and gave jobs to 8 million workers who built airports, roads, and public buildings. The WPA also employed artists, actors, and historians.

22. To help young adults who could not otherwise go to college, which program was created and what did it do? The NYA created work-study programs so students could work to pay their tuition. It also created training programs for technical jobs (like mechanics)

23. The Federal Emergency Relief Administration (FERA) was the only Alphabet Agency to provide a direct handout to those in need.

24. Problems and Solutions

25. Why was the overproduction of farm goods a problem? How did the New Deal help? It forced the prices of farm goods to drop and farmer’s couldn’t make money AND The AAA paid farmers to grow less, which raised prices.

26. Why was buying on margin and speculation in the stock market a problem? How did the New Deal solve this? Buying on margin and speculation created a false bubble (high level) for prices in the stock market which eventually burst. AND The New Deal created the SEC to regulate stock market activity

27. How did banks fail and who did this affect? How did the New Deal help? Banks were heavily invested in the stock market and lost everything in the stock market crash. Thousands of bank accounts were lost. AND The Emergency Banking Relief Act closed all of the banks and only reopened those that passed inspection. The FDIC insured individual accounts so people could trust banks again.

28. How bad was unemployment? How did the New Deal help? Unemployment reached at least 25% on average. AND The New Deal created work programs like the CWA, PWA, WPA, and CCC to provide jobs. The SSA also created unemployment insurance.

29. How did farmers lose their farms and how did the New Deal help? Farmers lost their farms when the overproduction of farm goods caused them to lose money. AND The New Deal helped with the FSA, which loaned money to tenant farmers to buy their own farms.

30. Why were young people (teens and young adults) especially affected by the Great Depression? How did the New Deal help? Many schools closed and parents couldn’t pay for their older children. Also many couldn’t afford to go to college AND The Deal created the CCC to employ young men and the NYA was created to help students go to college

31. Describe how workers were treated poorly and how the New Deal helped. Workers were often not allowed to unionize or punished if they did. They also had long hours, low pay, and hazardous conditions. AND The Wagner Act allowed unions to unionize while the Fair Labor Standards Act set a 40 hour work week, minimum wage, and protected minors from hazardous conditions.

32. Why were elderly people badly affected by the Great Depression? How did the New Deal help? Many of the elderly lost their savings in the bank failures or the stock market crash. AND The SSA was created to provide a monthly pension to retired workers and their spouses.