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Jack (John) Davis
1930's Test-Study Guide
Question | Answer |
---|---|
Why were farmers losing money during the 1920's and the 1930's? | Farmers were losing money in the 1920's because |
What hardships did families face during the Great Depression? Three examples and explain. | |
Describe what life was like for farmers during the Dust Bowl. Three examples and explain. | |
What were three of the New Deals and what did they do? | FERA, (Federal Emergency Relief Administration) PWA, AAA, TVA, CCC, FDIC, NRA |
Define buying on the margin. What problems can arise when you buy on the margin? | |
How did businesses/factories play a role in creating the great depression? | |
Why did many banks fail during the Great Depression? | people heard about their banks making shady loans so they took their money out and people heard about that so more and more people started taking money out too many people were taking out money and the banks had none left to give people |
Hover started public works projects. They did not boost the economy. Why? | there weren't enough programs |
Why did many people blame Hoover for their suffering? | he wasn't doing anything to help them |
What was a downfall of buying on credit? | |
What happened on October 23, 1929? Why did this happen? | |
How was the Great Depression different from earlier economic depressions? | |
How did FDR restore confidence in banks? 3 ways and explain how they helped. | he closed all the banks, he only let the good ones open and he told people their money was safer at the banks than under their mattresses |
What changes occurred for women during the Great Depression? | |
How were minorities affected by the Great Depression? | |
What changes were there to the Federal Government after the Great Depression? | |
What is the difference between a liberal and a conservative |