Great Depression & New Deal – Economic Loss and Rebuilding

Question 1

Overspeculation

Answer 1

– In stock market lead to Great Depression

Question 2

Great Depression

Answer 2

– Demand for goods declined-> businesses

failed -> Unemployment grew -> economic Depression -> homeless

Question 3

Dust Bow

Answer 3

– Caused by drought and poor farming practices

Question 4

New Deal

Answer 4

– Federal Government would take on a new role by
playing a larger role in helping the welfare of Americans,
protecting economy, and help provide jobs and mortgage loans

Question 5

Federal Deposit Insurance Corporation (FDIC) –

Answer 5

Government guaranteed bank deposits, protect people’s savings

Question 6

Social Security Act

Answer 6

– Created a government benefits program

to help elderly/disabled/retired; increased govt’s responsibility

Question 7

Unconstitutional Programs

Answer 7

– Supreme Court used 10th

Amendment to overturn some New Deal programs

Question 8

Roosevelt’s Court Packing Plan

Answer 8

response to rejection of some

New Deal programs, many disliked because it power of Pres.

Question 9

22nd Amendment –

Answer 9

Limited president to serve only two terms,

passed in response to FDR serving four terms