Roosevelt and the Great Depression Recovery

From the study guide

Course Outline

  1. Great Depression origins and stock market crash of 1929
  2. Key dates and events of the 1929 Wall Street Crash
  3. Economic and social impacts of the Great Depression in the US and worldwide
  4. Roosevelt administration's response to the Great Depression
  5. First New Deal programs: relief, recovery, and reforms
  6. Second New Deal initiatives: social reforms and labor protections
  7. Social Security Act and establishment of national pension system
  8. Roosevelt’s fireside chats and public communication strategy
  9. Keynesian economic theory and its influence on New Deal policies
  10. Long-term effects and limitations of the New Deal and WWII recovery role

1. Great Depression origins and stock market crash of 1929

Key Concepts & Definitions

  • Great Depression: A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.
  • Stock market crash: A rapid and often unanticipated drop in stock prices.

Essential Points

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Practice quiz preview

1. How do the Great Depression and a stock market crash differ?

2. How did Black Tuesday differ from the other named panic days of the 1929 crash?

3. Which bank-related impact of the Great Depression is stated in the source?

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Flashcard preview

Great Depression — onset year?

1929, marked by the stock market crash.

Stock market crash — date?

October 29, 1929, Black Tuesday.

Black Tuesday — significance?

Climax of the 1929 stock market crash.

US unemployment 1933?

Reached 25 percent.

Banks closed — by 1933?

Over 5,000 banks had failed.

First New Deal — years?

1933 to 1934.

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The practice quiz has 10 multiple-choice questions, each with an explanation. Use it to check what you know and find your gaps.

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