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SS 8 chapter 26

The Great Depression

AB
ause of the Great Depressionoveruse of credit and installment buying
Event that immediately caused the Great DepressionStock market crash
Reason for stock market crashbuying stocks on margin (credit)
The Bonus Army was formed byunemployed veterans
Famous quote"the only thing we have to fear is fear itself"
Many people felt that Hooverfailed to meet the needs of the American people
The New Dealidea that the government should help those who need it
Social Security Actsystem of unemployment insurance and pensions. Still in effect
Where did the Dust Bowl happen?Great Plains
People opposed the New Deal becauseIt endangered the free enterprize system, too much power for government
The New Deal providedrelief, recovery and reform
Reason FDR lost supportattempt to "pack" the Supreme Court with justices that supported his programs
Problems faced by Americans during the Depressionunemployment, poverty
WPAWorks Progress Administration
NIRAset up rules by which industry was to operate
Eleanor Rooseveltsupported programs to help minorities
Cause of Dust Bowldrought, over use of land for farming


Warwick Middle School

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