| Causes of the Great Depression |
| #1 |
This was the nickname for October 29, 1929, the day of the biggest losses on the stock market in history. |
Black Tuesday |
| #2 |
The rise in consumerism, coupled with the ability do this, contributed to tremendous debt during the Depression |
buying on credit / easy credit |
| #3 |
This was the word to describe the trend of people buying too many risky stocks. |
Overspeculation |
| #4 |
You could buy stocks by paying only a minimum percentage of what they were actually worth, the act of which was called this. |
Buying on margin |
| #5 |
The German economy suffered from this, which meant that even a lot of money was worth very little. |
Hyperinflation |
| Hoover and the Early Depression |
| #1 |
Of business, government, and the courts, Hoover thought that giving this more freedom was the key to ending the Depression |
Business |
| #2 |
This was the nickname for the period from 1930 to 1936 when part of the U.S. was covered in windswept dirt. |
The Dust Bowl |
| #3 |
One of the major reasons that farmers were hit hardest during the Depression was because they did this with their crops'>'>![]() |
Produce too many / overproduction |
| #4 |
The Bonus Army camped out in Washington in 1932 to ask for these |
early pensions for their service in WWI |
| #5 |
Hoover passed this tariff to encourage Americans to buy domestic goods. |
Hawley-Smoot tariff |
| FDR and the New Deal |
| #1 |
One of the first things that FDR did during his 'First Hundred Days' was to close these. |
the banks |
| #2 |
This one of the '3 Rs' provided jobs for the unemployed during the Depression. |
Relief |
| #3 |
The Agricultural Adjustment Act, an action of Recovery, paid farmers to do this. |
Stop producing so many crops |
| #4 |
Reform, the last of the '3 Rs', was intended to do this |
install programs to prevent the Depression from happening again |
| #5 |
The purpose of the Federal Deposit Insurance Corporation, or FDIC, was to do this. |
Restore people's faith in the banks by having the government back their savings |
| Alphabet Agencies of the Great Depression (Tough Stuff!) |
| #1 |
TVA |
Tennessee Valley Authority (built and operated dams to provide hydroelectric power, Reform) |
| #2 |
CCC |
Civilian Conservation Corps (gave people jobs in public works projects such as national forests, Relief) |
| #3 |
NRA |
National Recovery Administration (set business codes and quotas to restore competition, Recovery) |
| #4 |
SEC |
Securities and Exchanges Commission (protection of investors in stock market, Reform) |
| #5 |
SSA |
Social Security Administration (oversight of new Social Security program, Reform) |
