What was Franklin D. Roosevelt’s plan to end the Great Depression? The New Deal The government wanted to care for the citizens in need What was the Agricultural Adjustment Administration? New Deal program to help farmers Federal Reserve Supposed to protect banks, but failed during the Great Depression Dust Bowl Name given to Southern Great Plains that suffered from little rain Migrant Worker A person who moves from place to place to find work Why is Social Security significant? New Deal program that sill exists today How many people were out of work in the US during the Great Depression? 25% or th 1/4 What are the causes of the Great Depression? • Stock Market Crashed – People over speculated on stocks • The Federal Reserve failed to protect the banking system • High Tariffs What are the results of the Great Depression? • • • • Banks and businesses failed People were hungry & homeless Farmers incomes fell because of the Dust Bowl 25% or 1/4th of people lost their jobs What does it mean to buy on credit? • Form of a loan • Borrowing money that you will pay back later with interest “Black Tuesday” is remembered for what? The Stock Market Crash • October 29, 1929