the 1920’s – what were the 1920’s known as? – what was life like for americans?
DESCRIPTION
Explain 4 causes of the Great Depression:TRANSCRIPT
• The 1920’s– What were the 1920’s known as?– What was life like for Americans?
• How did Smoot Hawley affect world trade?
• Explain 4 causes of the Great Depression:
• The fact that the majority of Americans had little money to spend because most of the money was concentrated in the hands of a select few wealthy Americans is an example of:
• When a bank takes over a house because the tenants can’t pay the mortgage.
• If stock prices are going up.
• Purchasing a stock with borrowed money.
• When stock prices are going down.
• Buying a stock for a short period of time and reselling it to make a quick profit.
• Why is stock speculation a problem?• What is the problem with margin buying?
• The practice of sending someone back to the country they came from.
• A time of reduced economic activity along with massive unemployment.
• What day and year did the stock market crash?
• How high did the unemployment rate in the U.S. get during the Depression?
• What is the problem with stock speculation?
• What is the problem with margin buying?
• Why did the stock market crash cause banks to fail?
• How did farmers try to stabilize the price of their goods when prices started falling?
• What happened to Mexican farm workers living in the U.S. during the Depression?
• Give me an example of escapism
• How did the depression effect marriage, birth, and suicide rates?
• In your own words: Penny Auction
• What did the Reconstruction Finance Corporation do?
• 3 reasons Hoover opposed direct federal aid:
• Hoover’s idea that success comes from hard individual work and private businesses was know as:
• Bonus Army– Who– Why were they there– What did they want– What happened– How did this affect Hoovers bid for re-election
• Who beat Hoover in the presidential election of 1932? What disease did he suffer from?
• Many unemployed people received food from _______________________ during the depression.
• Who usually ran the things mentioned in the previous question?
• Who were the 1st people to be laid off when businesses began closing?
• 5 ways: How does Hoover attempt to fix the economic problems of the depression?
• How did the Federal Farm Board help farmers?