Great Depression Final Exam Questions and Answers 100% Correct(GRADED A+)

Black - ANSWER-In the United States, the beginning of the great depression is often seen as starting on September 4th, 1930 known as _____ Tuesday. Hoovervile - ANSWER-The name for a collection of huts and shacks, as at the edge of a city, housing the unemployed Recession - ANSWER-In economics, this is known as a general downturn in the overall economy Banks - ANSWER-many _____ had also invested large portions of their client's savings in the stock market, and once it crashed, they were forced to close Banking - ANSWER-The Emergency _______ Act reorganized the banks and closed ones that were onsolvent Drought - ANSWER-The Great Plains were hit hard with both a _______ and the horrendous dust storms, creating what became known as the dust Bowl Unemployment - ANSWER-During the Great Depression, the high level of ____________ had a dramatic effect n the economy Keynes - ANSWER-the idea of government intervention in the economy was supported heavily by economist John M ______ Security - ANSWER-The Social ________ Act gave money to the elderly and disabled Deal - ANSWER-The New ____ was a series of programs created by FDR to help get America back in shape. Consumer - ANSWER-The lack of ________ spending caused businesses to go bankrupt Government - ANSWER-this economic hardship led to many great changes in economic thinking at the time, and lead to greater __________ involvemet in the in the economy