Unit 5 Terms and Questions

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Unit 5 GREAT DEPRESSION Terms and questions!
tool for your MIDTERM next week.
This is an excellent study guide
Unit 5 Great Depression Terms
1. Great Depression
2. Speculation
3. Buying on margin
4. Hawley-Smoot Tariff Act
5. Black Tuesday
6. Hoovervilles
7. Dust Bowl
8. Direct Relief
9. Federal Home Loan
Bank Act
10. Bonus Army
11. Franklin D. Roosevelt
12. New Deal
13. Fireside chats
14. The Hundred Days
15. Bank Holiday
16. Securities & Exchange Commission
(SEC)
17. Civilian Conservation Corps (CCC)
18. Work Progress Administration
(WPA)
19. Federal Deposit Insurance
Corporation (FDIC)
20. Tennessee Valley Authority (TVA)
21. Wagner Act
22. Social Security Act
23. Deficit Spending
24. Court-Packing Bill
25. Huey Long
26. Role of Eleanor Roosevelt
27. New Deal coalition
Unit 5 Reading Guide The Great Depression
Chapter 14, Section 1
1. During the 1920s, the net income of the wealthiest one percent of Americans rose by what percentage?
2.
During the 1920s, what was the minimum annual income required for a family in the United States to maintain a decent standard of living?
3.
Term – defined as “paying a small percentage of a stock’s price as a down payment and borrowing the rest:”
4.
Why was October 29, 1929 known as BLACK TUESDAY?
5.
What event signaled the beginning of the Great Depression?
6.
By 1933, how many American banks had failed?
7.
What was the unemployment rate in 1933?
8.
What act of Congress established the highest tariff in U. S. history?
9.
Why did shantytowns often spring up in urban areas in the 1930s?
Chapter 14, Section 2
10. Life in rural areas during the Great Depression was hard, but rural people had one major advantage over urban people – what?
11. The region of the USA hit hardest by the drought of the 1930s was called the:
12. How many American schools had been closed by 1933?
Chapter 14, Section 3
13. Who was President when the stock market crashed in October 1929?
14. Which President authorized the construction of Boulder Dam?
15. What was a “Hooverville?”
16. What was President Hoover’s “most ambitious economic reform?”
17. What was the goal of the “Bonus Army” in 1932?
Chapter 15, Section 1
18. Who was elected President in the election of 1932?
19. What were the three main goals of FDR’s “New Deal?”
20. How long after becoming President did Roosevelt wait before beginning to implement his “New Deal?”
21. What New Deal agency was created by the Glass–Steagall Act of 1933?
22. What New Deal agency was created in 1934 to regulate the stock markets?
23. How did the AAA “encourage” farmers to not plant so many crops?
24. What New Deal agency was created to provide work for young men 18 – 25?
25. What New Deal agency built 40,000 schools and paid the salaries of 50,000 teachers?
26. What New Deal agency’s aim was to promote recovery by interrupting the trend of wage cuts, falling prices, and layoffs?
27. What New Deal agency granted home loans to homeowners to prevent foreclosure?
28. Define DEFICIT SPENDING:
29. What two New Deal programs were declared unconstitutional by the Supreme Court in 1935 and 1936?
30. Louisiana governor Huey Long, a critic of FDR and possible opponent for the Democratic presidential nomination in 1936, didn’t run for president in 1936 – why not?
Chapter15, Section 2
31. What was the focus of John Steinbeck’s novel, The Grapes of Wrath?
32. What New Deal agency employed professionals, artists, playwrights, actors, built airports, schools, roads, etc.?
33. What New Deal agency was created to provide jobs for high school and college students?
34. What New Deal law passed in 1935 to guarantee collective bargaining rights to workers?
35. What 1938 New Deal law established a minimum wage, a minimum age for work and a maximum work week?
36. What New Deal agency created old – age insurance for retirees, unemployment insurance and aid to families with dependent children?
Chapter 15, Section 3
37. Who was the first woman cabinet member in American history?
38. Who resigned her membership in the Daughters of the American Revolution when Marian Anderson was denied the use of Constitution Hall for a concert because
she was an African- American?
39. FDR was reluctant to commit himself to full civil rights for African Americans – why?
40. How was the sit down strike different from other types of workers strikes?
Chapter 15, Section 4
41. By the end of the 1930s, what percentage of Americans went to a movie once a week?
42. Why were some radio programs called “soap operas?”
43. In his famous work American Gothic, who did artist Grant Wood use as his models?
44. What was the subject of James Agee’s book Let Us Now Praise Famous Men?
Chapter 15, Section 5
45. What was the federal deficit in the fiscal year 1934?
46. The FDIC, a New Deal agency, originally guaranteed bank deposits up to $ 5,000 – what’s the current limit?
47. The TVA was a New Deal agency created to help with the economic development of what part of the United States?
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