The Great Depression Name_______________________________

John Green Crash Course-The Great Depression (I suggest you use Closed Captioning)

1. Why did the credit consumption spending during the 1920’s help cause the Great Depression?

2. Why did farm prices keep dropping?

3. What were banks lending money for during the 1920’s?

4. What was Margin Buying?

5. How did the weak banking system cause the Great Depression? Be specific and understand this!!

6. Why is Deflation worse than Inflation? Understand this.

7. What was the Hawley Smoot Tariff and why was it a very bad economic decision?

8. President Hoover (1929-1932) is often accused of not doing enough to stop the Great Depression, but please list what
he DID do (although it was a little too little and a little too late)?

9. What did the Reconstruction Finance Corporation do?

10. What was the Bonus March?

APUSH - NEW DEAL Name: ______________________________

1. What did FDR believe was the responsibility of the government?

2. What was the New Deal and who passed the programs?

3. What were the 3 R’s and their goals?

4. What did the Glass Stegall Act do?

5. What did the Federal Relief Administration do?

6. Because FDR was worried about people becoming dependent on relief handouts, what did he do?

7. What did the Wagner Act do?

8. What was the impact of the 1936 United Auto Workers sit down strike (NOT that they got GM to give in to their
demands...the long term impact)?

9. What did Unions believe was the best way to combat the depression?

10. How did Social Security represent a transformation between the Federal government and American citizens?

11. What is Keynesian economics (this is obviously important)?

12. What did the Works Progress Administration do?

13. How did the New Deal change politics?

14. What ended the Great Depression?