The Great Depression

Which New Deal program still exists today?

• Works Progress Administration

• Civilian Conservation Corps

• Social Security Administration

One reason the stock market collapsed in October 1929 was that

• Many stocks had been purchased on credit

• The prices of most stocks were too low

• Many companies stopped selling shares of stock

Which New Deal agency was set up to provide unemployment insurance and pensions for retired workers?

• Federal Deposit Insurance Corporation (FDIC)

• Social Security Administration (SSA)

• National Recovery Administration (NRA)

Many organizations, such as the CCC and the SSA, were created to help Americans get back on their feet. These organizations were known as:

• Alphabet Soup

• FDR's economic plan

• The 3 Rs

FDR's plan to fix the American Economy was called:

• The New Deal

• The "band-aid" Solution

• Economic Injection

This president was blamed for not doing enough during the Great Depression, so much so that shanty towns were named after him

• Hoover

• Roosevelt

• Wilson

• Lincoln

Buying on margin means:

• planning out your budget to make sure you have enough to get by

• buying stocks at a fraction of their price, with the promise of paying the rest later

• Buying a few stocks from many companies to ensure profit

A major cause of the stock market crash of 1929 was

• Buying stocks on margin

• Using stock certificates as currency

• Outlawing installment buying

In the early 1930’s, many communities of homeless Americans were referred to as “Hoovervilles” because President Herbert Hoover

• Grew up in a poverty-stricken area

• Guaranteed jobs to the unemployed

• Opposed direct federal aid for the unemployed

During the Great Depression, one main objective of President Franklin D. Roosevelt’s fireside chats was to

• Reassure people about the future of the economy

• Convince listeners to buy war bonds

• Help farmers pay their loans