Study Guide for Unit on
Name: __________________________________ Class: _________
Study Guide for Unit on the Great Depression/New Deal
Directions for Completion: The questions below are directly related to the 5th Grade Social Studies standards and will help you prepare for your tests and quizzes in this unit. As we study each topic, you can fill in the answers to the question. The pages numbers next to the question tell you what pages in your Social Studies book you can find the answers on, BUT we will use more than just your Social Studies book in class, so you should contain more than what the book says within your answer.
Standard:
5-4.2 Summarize the causes of the Great Depression, including overproduction and declining purchasing power, the bursting of the stock market bubble in 1929, and the resulting unemployment, failed economic institutions; and the effects of the Dust Bowl.
5-4.3 Explain the American government’s response to the Great Depression in the New Deal policies of President Franklin Roosevelt, including the Civilian Conservation Corps, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and the Social Security Act.
Vocabulary Focus:
1. overproduction
2. stock
3. depression
4. recession
5. relief
6. recovery
7. reform
8. stimulus
Other vocabulary terms you should know from previous units:
• economy
• standard of living
• migration
Questions:
1. What were causes of the Great Depression?
2. How did buying on credit cause the economy to decline?
3. Why did the banks fail, and how did the failure of banks affect people? (p.337)
4. What were economic effects of the Great Depression? (p.337-338)
5. What happened on October 29, 1929, and why did it happen? (p. 336-337)
6. What was “The Dust Bowl,” where did it happen, and what caused it? (p. 338, 340-341)
7. What were effects of the Dust Bowl?
8. How did people feel about President Hoover’s efforts to help the country during the Great Depression?
9. What did President Roosevelt do to help the country during the Great Depression? (p. 345)
10. Explain the New Deal Programs below: (p. 345-346)
a. Social Security
b. Federal Deposit Insurance Corporation (FDIC)
c. Securities and Exchange Commission (SEC)
d. Civilian Conservation Corps (CCC)
11. What ended the Great Depression?
12. How does what happened during the Great Depression/New Deal era compare/contrast to what is happening currently in our country?
Name: __________________________________ Class: _________
Study Guide for Unit on the Great Depression/New Deal
Answer Key
Directions for Completion: The questions below are directly related to the 5th Grade Social Studies standards and will help you prepare for your tests and quizzes in this unit. As we study each topic, you can fill in the answers to the question. The pages numbers next to the question tell you what pages in your Social Studies book you can find the answers on, BUT we will use more than just your Social Studies book in class, so you should contain more than what the book says within your answer.
Standard:
5-4.2 Summarize the causes of the Great Depression, including overproduction and declining purchasing power, the bursting of the stock market bubble in 1929, and the resulting unemployment, failed economic institutions; and the effects of the Dust Bowl.
5-4.3 Explain the American government’s response to the Great Depression in the New Deal policies of President Franklin Roosevelt, including the Civilian Conservation Corps, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and the Social Security Act.
Vocabulary Focus:
1. overproduction
2. stock
3. depression
4. recession
5. relief
6. recovery
7. reform
8. stimulus
Other vocabulary terms you should know from previous units:
• economy
• standard of living
• migration
Questions:
1. What were causes of the Great Depression?
• Farm prices decreased because of overproduction.
• Factories overproduced goods.
• Factory wages were low.
• Investors rushed to sell their stocks.
2. How did buying on credit cause the economy to decline?
People were spending money that they didn’t have, and businesses were not bringing in the money they were owed.
3. Why did the banks fail, and how did the failure of banks affect people? (p.337)
• People rushed to withdraw their savings.
• Unemployed workers and failed businesses were unable to pay off bank loans.
• Many other people lost their savings when the banks closed.
• Loss of confidence in the banking system
4. What were economic effects of the Great Depression? (p.337-338)
• prices fell
• people lost their money and couldn’t buy products
• businesses failed
• people lost their jobs--high unemployment
• Farmers were especially hit hard.
• Hoboes rode the rails to try to find jobs.
5. What happened on October 29, 1929, and why did it happen? (p. 336-337)
• The stock market crashed when stock prices began to fall and people rushed to sell all of their stock. The market lost $14 billion in one day.
6. What was “The Dust Bowl,” where did it happen, and what caused it? (p. 338, 340-341)
• What: severe drought coupled with terrible windstorms that caused dust storms to roar across the Great Plains.
• Where: Great Plains
• Causes: drought, storms, and the destruction of sod during Westward Expansion
7. What were effects of the Dust Bowl?
• People left and migrated to California.
8. How did people feel about President Hoover’s efforts to help the country during the Great Depression?
• Too little, too late.
• They blamed him for the suffering.
9. What did President Roosevelt do to help the country during the Great Depression? (p. 345)
• More government intervention.
• New Deal: relief, recovery, and reform
10. Explain the New Deal Programs below: (p. 345-346)
• Social Security forced savings account so people over 65 would have money when they retired or could no longer work, still in place today
• Federal Deposit Insurance Corporation (FDIC) insures money in the bank up to a certain amount (today, $250,000), restored and maintained confidence in the banking system, still in place today
• Securities and Exchange Commission (SEC) helped regulate the stock market and prevented inappropriate sale of stock, still in place today
• Civilian Conservation Corps (CCC) created jobs and helped conserve and protect the natural environment, built many state and national parks, planted trees, cleared trails, etc.
11. What ended the Great Depression?
• U.S. involvement in WWII.
12. How does what happened during the Great Depression/New Deal era compare/contrast to what is happening currently in our country?
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