Name: ______Date: ______
Unit Sheet 8th Grade US History
Review: The Great Depression and New Deal
Key Concepts and Terms to Know:
Buying on Margin
Black Tuesday
Stock Market Crash
Great Depression
Bankruptcy
Saving vs. Spending
Interest Rates
Money Supply
Hoovervilles
Public Works
Bonus Army
Trickle-Down Economics
Dust Bowl
FDR’s “First Hundred Days”
Relief/Recovery/Reform
Pump-Priming (Trickle-up)
New Deal
Fireside Chats
Bank Holiday
Court Packing
Collective Bargaining
Social Security
Huey Long
New Deal Programs:
Those to Know in Great Detail
Works Progress Administration (WPA)
Fed. Deposit Insurance Corp. (FDIC)
Social Security Administration (SSA)
Those to be Able to Briefly Describe
National Labor Relations (Wagner) Act
Civilian Conservation Corps (CCC)
Securities and Exchange Commission (SEC)
Those to Simply be Aware Of
Agriculture Adjustment Admin. (AAA)
Public Works Administration (PWA)
National Recovery Act (NRA)
Tennessee Valley Authority (TVA)
Essential Questions to Answer:
1.Explain “buying on margin.” How did buying on margin make the panic worse when the stock market began to crash?
2. Aside from the stock market crash, list and explain three additional causes of the Great Depression.
1)
2)
3)
3.How did Herbert Hoover attempt to stop the Great Depression in its tracks? How did his theory of Trickle-Down economics work? Why were his plans largely unsuccessful?
4.What was the Dust Bowl? What were its natural and man-made causes? How did it make recovery even more difficult?
5. Explain the role of confidence in the Great Depression. Why did FDR believe that restoring Americans’ confidence in the economy was essential? What strategies did he use for attempting to restore Americans’ confidence in the system?
6.Explain Roosevelt’s goals of relief, recovery, and reform. What did each refer to? Why was each needed?
Relief –
Recovery –
Reform –
7.How did the Works Progress Administration (WPA) seek to fix America’s unemployment problems? What were some of the more unique jobs it created? How did the WPA (and other programs – CCC, NRA, etc.) instill confidence?
8.What were the most significant political/legal/economic reforms created during the New Deal? How did Glass-Steagall, the FDIC, NLRA, SSA, and SEC change the American economy?
9.What were some of the primary criticisms of FDR and his New Deal policies? Who were his critics? How did the Court Packing Scandal contribute to fears of Roosevelt’s overextending his power?