New Deal Policies Causes for the GD Finance Terms Hoover Policies Affected Groups $100 $500 $400...
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Transcript of New Deal Policies Causes for the GD Finance Terms Hoover Policies Affected Groups $100 $500 $400...
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New DealPolicies
Causesfor
the GDFinanceTerms
HooverPolicies
AffectedGroups
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Topic 1 - $100
Roosevelt’s program to alleviate the Depression was known as the New Deal and focused on three general goals, what were they?
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Relief for the Needy, Economic Recovery,
And Financial Reform
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Roosevelt took office and undertook a
series of rapid series of legislation called…
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Hundred Days
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During the Hundred Days which laws
were passed?
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Emergency Banking Relief Act, Glass-
Steagall Act, and the Federal Securities
Act.
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Which laws were passed that were
later deemed unconstitutional?
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Agricultural Adjustment Act, and National Industrial
Recovery Act.
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Topic 1 - $500
Which acts were passed with the 2nd New Deal?
(Name 3 of 5 to get full point)
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1. 2nd AAA– removing provisions making it unconsitutional.
2. Wagner Act3. Social Security Act
4. Fair Labor Standards Act5. Indian Reorganization Act
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Topic 2 - $100
What problems occurred with
Farmers?
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Due to WWI, they overproduced their crop due to a fall in
demand.
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What financial problems plagued
farmers?
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Too many farmers were in debt, which led to a decline in
buying power.
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What issue plagued consumers?
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Consumers had less money due to
overuse of credit.
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Key Industries were affected due to a rise
in new industries, which industries were severely impacted?
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Coal Mining, and Railroad
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What were the causes of the Great
Depression?
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Vehicle: Stock Market Crash1.High Tariffs2.Farming Crisis3.Availability of Easy Credit4.Unequal Distribution of Income
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Topic 3 - $100
What kind of loan does one take out on a home and how do banks make money
off of it?
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Mortgage, and Mortgage Rate
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What kind of market do we need to have for prices to go up?
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Bull Market
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What is speculation?
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Buying stock without first examining the
risks.
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What is it called when a person buys a portion of
their stock in cash, and the remained in credit?
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Buying on Margin
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Topic 3 - $500
What is the stock market called that the economy was based
on during the 1930’s?
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Dow Jones Industrial Average
(DOW J: +117.65)
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How long did it take the stock market to crash while Hoover
was in office?
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1 year.
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What were shantytowns called
when Hoover was in office?
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Hoovervilles
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Topic 4 - $300
What plagued the Great Plains while
Hoover was in office?
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The Dust Bowl
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Topic 4 - $400
How did Hoover try to reassure the
Nation?
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Through Voluntarism and Rugged Individualism
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Topic 4 - $500
What piece of legislation did Hoover
pass to assist homeowners?
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Federal Home Loan Bank Act
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Topic 5 - $100
Which groups suffered the worst
unemployment rates?
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African Americans and Latinos
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Rural Families had to resort to what kind of methods in order to
provide for their families?
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Tenant Farming
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What two kinds of lines did people wait
in to receive food that was provided by
charities?
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Bread Lines and Soup Kitchens
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Topic 5 - $400
How were families affected from the
Great Depression?
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They remained grounded in their
traditions and morals.
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How much did the suicide rate rise?
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30%