Name:______________________________________
Period:_____________________
Date:_______________________
Parallels With the Great Depression
1. What name was given to the era of the ‘20s?
Name:______________________________________
Period:_____________________
Date:_______________________
Parallels With the Great Depression
1. What name was given to the era of the ‘20s?
List three modern marvels that came about during this time:
2.
List three modern marvels that came about during this time:
2.
3.
3.
4.
4.
5. Which two recent decades can be compared with the ‘20s?
5. Which two recent decades can be compared with the ‘20s?
6. What has the ability to create new debt by lowing interest rates?
6. What has the ability to create new debt by lowing interest rates?
7. In what year did the stock market meltdown?
7. In what year did the stock market meltdown?
8. Whose administration chose to intervene in the markets?
8. Whose administration chose to intervene in the markets?
9. What government agency was created to make loans to banks?
9. What government agency was created to make loans to banks?
10. What modern day program is identical to the RFC?
10. What modern day program is identical to the RFC?
11. What did politicians and the media blame the economic crisis
on?
12. What kind of economy do we have today?
11. What did politicians and the media blame the economic crisis
on?
12. What kind of economy do we have today?
13. What phrase is used to excuse the government for bailing out
large corporations? (caption)
14. Whose administration further compounded the economic crisis
by nationalizing the entire economy?
15. What imposed new federal regulations on the financial sector?
13. What phrase is used to excuse the government for bailing out
large corporations? (caption)
14. Whose administration further compounded the economic crisis
by nationalizing the entire economy?
15. What imposed new federal regulations on the financial sector?
16. What agency had not constitutional legitimacy and inflicted
immense damage on the securities market?
17. Who was affected by the Great Depression?
16. What agency had not constitutional legitimacy and inflicted
immense damage on the securities market?
17. Who was affected by the Great Depression?
18. What did the Federal Reserve do to rescue the British pound
sterling?
18. What did the Federal Reserve do to rescue the British pound
sterling?
19. Under whose administration did the United States abandon the
gold standard?
20. Which two recent years have tracked those of 1929-1933?
19. Under whose administration did the United States abandon the
gold standard?
20. Which two recent years have tracked those of 1929-1933?
“During the Great Depression, as in our day, politicians and the
news media blamed the crisis not on government malfeasance but
on free-market failure. This false conceit helped transform America
from a free-market system into the managed economy that we have
today.”
Charles Scaliger
“During the Great Depression, as in our day, politicians and the
news media blamed the crisis not on government malfeasance but
on free-market failure. This false conceit helped transform America
from a free-market system into the managed economy that we have
today.”
Charles Scaliger