The Great Depression

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What was the purpose of the Securities and Exchange Commission created during the New Deal?

To build dams for flood control and electrical power

To monitor the stock market and prevent risky trading practices (correct)

To provide insurance for individual bank accounts

To give jobs to men in the forest

What was the main objective of the Agricultural Adjustment Act during the Great Depression?

To build dams for flood control and electrical power

To pay farmers to not grow certain crops in order to increase prices (correct)

To give jobs to men in the forest

To monitor the stock market and prevent risky trading practices

Which New Deal program aimed to provide jobs in construction such as building schools, roads, and parks?

Civilian Conservation Corps

Federal Emergency Relief Agency

Tennessee Valley Authority

Public Works Administration (correct)

What was one of the lasting effects of the New Deal legislation related to banks?

Banks now have insurance to protect individual bank accounts Signup and view all the answers

What contributed to the over-speculation in the stock market during the 1920s?

Stock brokers guessing on stock prices Signup and view all the answers

What was the result of people buying stocks on margin during the 1920s?

Stock market crash Signup and view all the answers

What was the main reason behind the stock market crash during the Great Depression?

Stocks being purchased for a price higher than they were really worth Signup and view all the answers

What was the impact of the stock market crash on those who had bought stocks on margin?

They lost all their money Signup and view all the answers

What were some of the key programs and laws created under the New Deal to address the challenges of the Great Depression?

Some of the key programs and laws created under the New Deal to address the challenges of the Great Depression included the Tennessee Valley Authority, Civilian Conservation Corps, Agricultural Adjustment Act, Federal Emergency Relief Agency, and Public Works and Civil Works Administration. Signup and view all the answers

What was the purpose of the Securities and Exchange Commission established during the New Deal?

The Securities and Exchange Commission was established to oversee the stock market and prevent practices such as buying on margin and over-speculation. Signup and view all the answers

What was one of the lasting impacts of the New Deal related to banking and individual accounts?

One of the lasting impacts of the New Deal related to banking was the introduction of insurance to protect individuals' bank accounts, ensuring they did not lose all their money in the event of a bank failure. Signup and view all the answers

The Great Depression

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Questions and Answers

What was the purpose of the Securities and Exchange Commission created during the New Deal?

What was the main objective of the Agricultural Adjustment Act during the Great Depression?

Which New Deal program aimed to provide jobs in construction such as building schools, roads, and parks?

What was one of the lasting effects of the New Deal legislation related to banks?

What contributed to the over-speculation in the stock market during the 1920s?

What was the result of people buying stocks on margin during the 1920s?

What was the main reason behind the stock market crash during the Great Depression?

What was the impact of the stock market crash on those who had bought stocks on margin?

What were some of the key programs and laws created under the New Deal to address the challenges of the Great Depression?

What was the purpose of the Securities and Exchange Commission established during the New Deal?

What was one of the lasting impacts of the New Deal related to banking and individual accounts?

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