The Great Depression Exam Questions and Answers Solved Correctly
Stock Market Crash, 1929 - Answers 1929-1936 economic downfall of USA
Hawley-Smoot Tariff, 1930 - Answers Congressional compromise serving special interest, it raised duties
on agricultural and manufactured imports. It may have contributed to the spread of the international
depression.
Reconstruction Finance Corporation, 1932 - Answers Created under the presidency of Herbert Hoover,
was designed to give out loans to banks, railroads, and monopolistic companies in order to pump money
back into the economy during the years of the Depression.
Bonus Army, 1932 - Answers group of jobless World War I veterans who came to Washington to lobby
Congress for immediate payment of money promised them in 1945; Hoover opposed payment, and
when he used the U.S. Army to drive the veterans out of the capital, he was portrayed as cruel and cold-
hearted.
First New Deal (First Hundred Days), March 4-June 16, 1933 - Answers In Roosevelt's first 100 days, he
passed the Agricultural Adjustment Act, the Federal Emergency Relief Agency, and more; an active
presidency beginning with many relief programs for Americans
Emergency Banking Relief Act (Bank Holiday), 1933 - Answers gave the President power over the
banking system and set up a system by which banks would be reorganized or reopened
FDIC, 1933 - Answers Federal Deposit Insurance Corporation; The U.S. corporation insuring deposits in
the U.S. against bank failure. This organization was created in 1933 to maintain public confidence and
encourage stability in the financial system through the promotion of sound banking practices; insures
accounts in national banks and other qualified institutions
CCC (Civilian Conservation Corps), 1933 - Answers 1933, Hired 3 million young men to work in
government national parks. Most popular New Deal program, Relief/Recovery
PWA, 1933 - Answers Public Works Administration; Received $3.3 billion appropriation from Congress
for public works projects.; It built large-scale public works such as dams, bridges, hospitals, and schools.
Its goals were to spend $3.3 billion in the first year, and $6 billion in all, to provide employment, stabilize
purchasing power, and help revive the economy.
AAA, 1933 - Answers Agricultural Adjustment Act - paid farmer to limit their crop production to correct
for overproduction; Protected farmers from price drops by providing crop subsidies to reduce
production, educational programs to teach methods of preventing soil erosion.
TVA, 1933 - Answers Tennessee Valley Authority; Federal government build series of dams to prevent
flooding and sell electricity. First public competition with private power industries; a federally owned
corporation in the United States created by congressional charter in May 1933 to provide navigation,
, flood control, electricity generation, fertilizer manufacturing, and economic development in the
Tennessee Valley, a region particularly affected by the Great Depression.
FERA, 1933 - Answers Federal Emergency Relief Administration was the new name given by the
Roosevelt Administration to the Emergency Relief Administration which President Herbert Hoover had
created in 1932. It was established as a result of the Federal Emergency Relief Act and was replaced in
1935 by the Works Progress Administration.
Its main goal was alleviating household unemployment by creating new unskilled jobs in local and state
government. Jobs were more expensive than direct cash payments (called "the dole"), but were
psychologically more beneficial to the unemployed, who wanted any sort of job, for self-esteem, to play
the role of male breadwinner.
Distributed millions of dollars of direct aid to unemployed workers.
NIRA & NRA, 1933 - Answers National Industrial Recovery Act: Title I was devoted to industrial recovery,
and authorized the promulgation of industrial codes of fair competition, guaranteed trade union rights,
permitted the regulation of working standards, and regulated the price of certain refined petroleum
products and their transportation. Title II established the Public Works Administration, outlined the
projects and funding opportunities it could engage in, and funded the Act. (Created this organization to
enforce codes of fair competition, minimum wages, and to permit collective bargaining of workers.)
The National Recovery Administration was the primary New Deal agency established by U.S. president
Franklin D. Roosevelt (FDR) in 1933. The goal was to eliminate "cut-throat competition" by bringing
industry, labor and government together to create codes of "fair practices" and set prices. The NRA was
created by the National Industrial Recovery Act and allowed industries to get together and write "codes
of fair competition." The NRA had a two-year renewal charter and was set to expire in June 1935 if not
renewed. It was declared unconstitutional in 1935.
Second New Deal (Second Hundred Days), 1935 - Answers Employed 8.5 million workers in construction
and other jobs, but more importantly provided work in arts, theater, and literary projects.
WPA, 1935 - Answers Works Progress Administration: Employed 8.5 million workers in construction and
other jobs, but more importantly provided work in arts, theater, and literary projects.
REA, 1935 - Answers Rural Electrification Administration, one of the New Deal agencies created under
President Franklin Delano Roosevelt. This organization was created on May 11, 1935, with the primary
goal of promoting rural electrification. In the 1930s, the U.S. lagged significantly behind Europe in
providing electricity to rural areas due to the unwillingness of power companies to serve farmsteads.
Social Security Act, 1935 - Answers Provided retirement pensions to Americans age 65 and older and
benefits for the unemployed, the disabled, and dependent children, The greatest victory for New
Stock Market Crash, 1929 - Answers 1929-1936 economic downfall of USA
Hawley-Smoot Tariff, 1930 - Answers Congressional compromise serving special interest, it raised duties
on agricultural and manufactured imports. It may have contributed to the spread of the international
depression.
Reconstruction Finance Corporation, 1932 - Answers Created under the presidency of Herbert Hoover,
was designed to give out loans to banks, railroads, and monopolistic companies in order to pump money
back into the economy during the years of the Depression.
Bonus Army, 1932 - Answers group of jobless World War I veterans who came to Washington to lobby
Congress for immediate payment of money promised them in 1945; Hoover opposed payment, and
when he used the U.S. Army to drive the veterans out of the capital, he was portrayed as cruel and cold-
hearted.
First New Deal (First Hundred Days), March 4-June 16, 1933 - Answers In Roosevelt's first 100 days, he
passed the Agricultural Adjustment Act, the Federal Emergency Relief Agency, and more; an active
presidency beginning with many relief programs for Americans
Emergency Banking Relief Act (Bank Holiday), 1933 - Answers gave the President power over the
banking system and set up a system by which banks would be reorganized or reopened
FDIC, 1933 - Answers Federal Deposit Insurance Corporation; The U.S. corporation insuring deposits in
the U.S. against bank failure. This organization was created in 1933 to maintain public confidence and
encourage stability in the financial system through the promotion of sound banking practices; insures
accounts in national banks and other qualified institutions
CCC (Civilian Conservation Corps), 1933 - Answers 1933, Hired 3 million young men to work in
government national parks. Most popular New Deal program, Relief/Recovery
PWA, 1933 - Answers Public Works Administration; Received $3.3 billion appropriation from Congress
for public works projects.; It built large-scale public works such as dams, bridges, hospitals, and schools.
Its goals were to spend $3.3 billion in the first year, and $6 billion in all, to provide employment, stabilize
purchasing power, and help revive the economy.
AAA, 1933 - Answers Agricultural Adjustment Act - paid farmer to limit their crop production to correct
for overproduction; Protected farmers from price drops by providing crop subsidies to reduce
production, educational programs to teach methods of preventing soil erosion.
TVA, 1933 - Answers Tennessee Valley Authority; Federal government build series of dams to prevent
flooding and sell electricity. First public competition with private power industries; a federally owned
corporation in the United States created by congressional charter in May 1933 to provide navigation,
, flood control, electricity generation, fertilizer manufacturing, and economic development in the
Tennessee Valley, a region particularly affected by the Great Depression.
FERA, 1933 - Answers Federal Emergency Relief Administration was the new name given by the
Roosevelt Administration to the Emergency Relief Administration which President Herbert Hoover had
created in 1932. It was established as a result of the Federal Emergency Relief Act and was replaced in
1935 by the Works Progress Administration.
Its main goal was alleviating household unemployment by creating new unskilled jobs in local and state
government. Jobs were more expensive than direct cash payments (called "the dole"), but were
psychologically more beneficial to the unemployed, who wanted any sort of job, for self-esteem, to play
the role of male breadwinner.
Distributed millions of dollars of direct aid to unemployed workers.
NIRA & NRA, 1933 - Answers National Industrial Recovery Act: Title I was devoted to industrial recovery,
and authorized the promulgation of industrial codes of fair competition, guaranteed trade union rights,
permitted the regulation of working standards, and regulated the price of certain refined petroleum
products and their transportation. Title II established the Public Works Administration, outlined the
projects and funding opportunities it could engage in, and funded the Act. (Created this organization to
enforce codes of fair competition, minimum wages, and to permit collective bargaining of workers.)
The National Recovery Administration was the primary New Deal agency established by U.S. president
Franklin D. Roosevelt (FDR) in 1933. The goal was to eliminate "cut-throat competition" by bringing
industry, labor and government together to create codes of "fair practices" and set prices. The NRA was
created by the National Industrial Recovery Act and allowed industries to get together and write "codes
of fair competition." The NRA had a two-year renewal charter and was set to expire in June 1935 if not
renewed. It was declared unconstitutional in 1935.
Second New Deal (Second Hundred Days), 1935 - Answers Employed 8.5 million workers in construction
and other jobs, but more importantly provided work in arts, theater, and literary projects.
WPA, 1935 - Answers Works Progress Administration: Employed 8.5 million workers in construction and
other jobs, but more importantly provided work in arts, theater, and literary projects.
REA, 1935 - Answers Rural Electrification Administration, one of the New Deal agencies created under
President Franklin Delano Roosevelt. This organization was created on May 11, 1935, with the primary
goal of promoting rural electrification. In the 1930s, the U.S. lagged significantly behind Europe in
providing electricity to rural areas due to the unwillingness of power companies to serve farmsteads.
Social Security Act, 1935 - Answers Provided retirement pensions to Americans age 65 and older and
benefits for the unemployed, the disabled, and dependent children, The greatest victory for New
