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Published byDylan Cannon Modified over 9 years ago
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The Great Depression Worst Economic Catastrophe in US History
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Cause and Effect The stock market crash in the fall of 1929 On just one day, October 29, frantic traders sold off 16,400,000 shares of stock. At year`s end, the government determined that investors in the market had lost some $40 billion. Banks started to fail, leaving citizens with no savings.
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Resemblance of the Great Depression in the Present Day
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Policies still around from the New Deal Bank Reforms Wagner-Steagall Housing Act Tennessee Valley Authority National Labor Board and Wagner Act Fair Labor Standards Act of 1938
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Multiple Choice Question President ________ was in office during the Great Depression, but President ________ was the one to create the New Deal. A) Franklin Roosevelt; Herbert Hoover B) Harry Truman; Franklin Roosevelt C) Calvin Coolidge; Harry Truman D) Herbert Hoover; Franklin Roosevelt
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Correct Answer President Herbert Hoover was in office during the Great Depression, but President Franklin Roosevelt was the one to create the New Deal. Answer (D)
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