causes of the great depression effects of the great depression presidentsnew deal $200 $400 $600...
TRANSCRIPT
Causes of the Great
Depression
Effects of the Great
Depression
Presidents New Deal
$200 $200 $200 $200
$400 $400 $400 $400
$600 $600 $600 $600
$800 $800 $800 $800
$1000 $1000 $1000 $1000
Causes for $200
The practice of buying cheap stocks and hoping they improve
Speculation
Causes for $400
The practice of buying stocks for a fraction of their price and borrowing
the rest from a broker
Buying on margin
Causes for $600
Henry Ford utilized this technique to mass produce Model T Cars; it eventually led to overproduction
Assembly Line
Causes for $800
The term to describe the fee credit card owners must pay for borrowing
money
Interest
Causes for $1000
The name to describe October 29, 1929 – the day the stock market
crashed
Black Tuesday
Effects for $200
Once the Stock Market crashed, the total value of goods and services produced in
the US was cut by this percentage
50%
Effects for $400
Shantytowns which resulted because of unemployment and
homelessness
Hooverville
Effects for $600
An environmental crisis that was an effect of overproduction in the
Plains States
Dust Bowl
Effects for $800
Several customers withdrew their money from the banks in this
manner
Bank Runs
Effects for $1000
A group of war veterans marched on Washington and demanded this
Pensions
Presidents for $200
He was the President when the stock market crashed on
October 29, 1929
Herbert Hoover
Presidents for $400
The President became unpopular after the tear gassing of this
group of protesters
Bonus Army
Presidents for $600
This President became famous for the saying “The only thing we have to fear is fear itself”
Franklin Delano Roosevelt (FDR)
Presidents for $800
The 4 time elected President became popular for these
inspirational radio appearances
Fireside chats
Presidents for $1000
The 4 time elected President became unpopular for this
attempt to reduce the power of the Supreme Court
Court Packing Scandal
New Deal for $200
This organization built dams on the Tennessee River to generate
hydroelectricity, control flooding, and limit soil erosion
Tennessee Valley Authority (TVA)
New Deal for $400
This organization established a retirement fund for elderly or disabled workers and their
dependents
Social Security
New Deal for $600
The nickname to describe the list of programs to provide relief, create
jobs, and stimulate economic recovery
Alphabet Soup Agencies
New Deal for $800
The FDIC (Federal Deposit Insurance Corporation)
encouraged people to put their money back into these
Banks
New Deal for $1000
This law legalized labor unions in attempt to give the people a
voice in their workplace
Wagner Act