The Great Depression & FDR's New Deal

1. The Stock Market Crash of 1929: Causes Consequences Sort the following statements into the proper category. Causes of the Stock Market Crash Buying stocks on margin Overspeculation in the stock market Excessive expansion of credit Bank deposits were invested in the market Consequences of the Stock Market Crash Some people facing financial ruin committed suicide Bank runs The start of the Great Depression 2. Select all of the items that would be associated with the image above. The Roaring Twenties The Red Scare The Dust Bowl Farm foreclosure migration 4. What was the purpose of the Fireside Chats? To discuss reasons for WW I To explain New Deal programs To explain civil rights issues To prepare Americans for WW II 5. President Roosevelt was unwilling to try more than one program in order to help America during the Great Depression. True False 6. Match each New Deal program with the correct category. Agriculture Adjustment Act Recovery Works Progress Administration Relief Federal Deposit Insurance Corporation Reform 7. The Great Depression: Causes and Impact Identify each statement as either as cause or an impact. Causes of the Great Depression Excessive use of credit by consumers Unequal distribution of wealth among Americans The overproduction of industrial and agricultural products The failure of the Federal Reserve System to regulate the amount of money in circulation America's use of high protective tariffs, which prompted other nations to pass retaliatory tariffs Impacts of the Great Depression 25% Unemployment Farm foreclosures and migration of displaced farmers Decline in the demand for goods Political unrest 8. New Deal Chart Click on the square and select the statement that correctly describes each New Deal program. Social Security Provided safeguards to workers in the form of old-age and unemployment insurance. Reform (Ex: FDIC) Protected bank deposits and correct unsound banking investment practices. Relief (Ex: WPA) Provided direct payments to people. Recovery (Ex: AAA) Paid farmers to reduce surplus; Tried to bring the nation out of the depression over time.