Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Ch. 14 Great depress

Ch. 14 great depression Study guide and answers

QuestionAnswer
Describe issues faced by farmers during the 1920's. Rising crop prices during WWI led to over borrowing and over production after the war.
Explain the psychological effects of the Depression. Feelings of hopelessness, desperation, and despair.
What was the Bonus Army and what happened to the? WWI vets demanding their bonuses. They were attacked and ran out of town by the Army.
List all the effects of the Great Depression. Poor diet, Homelessness, Unemployment, Less education, lower production, and Lowered World Trade.
What were hobos? Men and boys that wondered the country.
What is Direct Relief? Government gives food or payment directly to the people.
Why did the coal mining industry suffer during the 1920's? New forms of energy to compete with.
List reasons consumer purchasing slowed during the late 1920's. Higher prices of goods, Lack of wage increase, over use of credit.
Describe President Hoover's belief about Direct Belief. Believed it was the job of the states.
Who were the Presidential Candidates in 1928 and what were their platforms? Hoover for Prohibition. Smith against Prohibition.
Describe how the Stock Market became over valued during the 1920's. No government regulation, speculation buying, Buying on Margin, Many new investors.
What happened on October 29, 1929 and what is it known as? Day the Stock market crashed losing over $15 billion.
What is a Bear Market? Time of decreasing stock values.
What caused many banks to run out of money when the market crashed? People withdrew their accounts, banks had loaned to speculators and directly invested depositor's money in the market.
What were the effects of the Hawley Smoot Tariff? Raised Tariff to all time highs, further hurt the economy by lowering world trade.
List states affected by the drought of the 1930's. Kansas, Oklahoma, Colorado, Wyoming, Idaho, Texas.
Who were the Okies? Farmers that left dust bowl for work in California.
What is buying stock on margin? Purchasing stock on credit.
Describe the beliefs of most Americans regarding the Depression in the early 1930's. Natural cycle of business and would fix itself.
What program did Hoover initiate that helped the Depression and what were the benefits of the program? Hoover Dam. Provided flood control, electricity, irrigation, and jobs to thousands.
Describe the shift of power in the federal government in the 1930 election. Lost Majority in House, held narrow majority in Senate.
What were Hoovervilles? Villages of homeless living in makeshift shacks in big cities on public land.
Describe Speculation. Gambling that low price stock will skyrocket to provide rich quick opportunities.
What did farmers do in hopes to drive up prices in the early 1930's? To attempt to cause shortages of food and cause price increases.
What did the Federal Home Loan Bank Act do? Lowered people's mortgages rates and allowed farmers to refinance to stay on their land.
How did buying on credit cause a false sense of prosperity in the 1920's? People had overspent and used credit unwisely in order to achieve the American Way standard of living.
Describe President Hoover's legacy. Constructed Hoover Dam, Increased government role in the Economy more than any other president, Bonus Army and Lasting Depression tarnish his legacy.
What mistake did the Federal Reserve make in the 1920's that caused the Depression to be worsened? Kept interest rates low during the economic boom of the 1920's.
List the 4 primary causes of the Depression. Banks investment in the market, Federal Reserve Raising Interest Rates, Credit Dept, Overproduction, Market Crash, and the Hawley Smoot Tariff.
What is a Bull Market? Period of Market Growth.
Created by: Katwill678
Popular U.S. History sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards