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Chapter 14
The Great Depression Begins
| Question | Answer |
|---|---|
| Black Tuesday | Stock market crash |
| Direct Relief | Improves the health and lives of people affected by poverty or emergency situations by mobilizing and providing essential medical resources needed for their care. |
| Dust Bowl | Severe dust storms that damaged ecology and agriculture. |
| Federal Home Loan Bank Act | Lowers the cost of home ownership. |
| Great Depression | Economic depression that took place mostly during the 30's in the usa |
| Soup Kitchens | A place where free food is served for the homeless. |
| World War 1 veterans joined together in 1932 forming the Bonus Army for what purpose? | To support Texas congressman Wright Patman's bill to advance the bonus payment promised to wwi veterans. |
| What is it called to borrow money in order to help purchase stocks? | Credit |
| What were some of the major reasons that many us banks failed following the stock market crash in 1929? | Large numbers of people withdrew their deposits in cash. |
| In attempt to voice their disgust with Hoover's negligent treatment of Americans affected by the Great Depression, what did citizens begin referring to their makeshift shanty homes? | Hoovervilles |
| What were some of the primary causes of the farm crisis during the 1920's? | Tariffs on foreign imports were lowered. |
| What was the highest point of unemployment during the Great Depression? | 25% |
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zahraalsebti
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