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Great Depression
| Question | Answer |
|---|---|
| What do we call the period from 1920 to 1929? | We call them Roaring 20's |
| Why is a stock? | A stock is a share of business. |
| Why do people buy stocks? | People buy stocks so when the price goes up they can sell the stocks for more money. |
| What does prosperity mean? | Prosperity means wealth. |
| What does depression mean when referring to the economy? | Depression means when the economy is not doing well. |
| True or False: Just the US was affected by the Great Depression? | False |
| What is a mortgage? | Mortgage is the loan to buy the house. |
| Who was elected president in 1928? | Republican Herbert Hoover was elected |
| What is interest? | Interest is a fee based on the amount of money loaned banks charge interest |
| What did World War I veterans try to do in 1932? | They tried to travel to Washington DC |
| How did the government respond to the WWI veterans camping out in the capital? | He responded by firing tear gas, burning down the camp, and depriving the veterans of the few possessions. |
| Who became president in 1933? | Democrat Franklin Delano Roosevelt became president. |
| What did people call the broadcasts that the president gave? | They called them fireside chats |
| What did Roosevelt want to do instead of just giving money to unemployed workers? | Roosevelt wanted to get them jobs. |
| What is a deficit? | Deficit is a debt which happens when the government spends more money than it takes in. |
| What were “runs” on banks? | Runs on banks were when depositors panicked and tried to take out all their money. |
| What does it mean for workers to go on strike? | It means when workers refused to work until working conditions got better. |
| Why did the Supreme Court rule against some of Roosevelt’s programs? | The Supreme Court ruled against some of Roosevelt’s programs because they felt like it was giving the federal government too much power. |
| What idea is capitalism based on | Capitalism is based on the idea that people who invest money in a business and should get most of its profits. |
| What is a drought? | A drought is a long period of dry weather. |
| What was the nickname given to the Great Plains? What was it called after the drought? | The nickname was America’s breadbasket. It was called the dust bowl after the drought |
| Which state did many families move to after losing everything in the dust storms? | They moved to California. |
| Why didn’t FDR support African Americans during his first term as president? | He didn't support them because he didn't want to lose support from the South. |
| What is a hobo? | A hobo is a jobless homeless person who goes around the country looking for work or just something to do. |
| What were the differences between country schools and schools in cities? | The differences were that city schools have 30 to 50 students in a classroom and country school kids all learned in one room, often untrained teachers as young as 16. |
| What is one way African Americans experienced discrimination during the depression? | One way that they experienced discrimination during the depression is by getting less money than the white people. |
| How did the girls in the Secret Helpers Club help people? | Girls helped them by buying them food and other stuff for them and leaving them on their front porches. |
| What were the two main sources of entertainment for families during the depression? | Two main sources were the radio and the movies. |
| How did Hitler become popular in Germany? | Hitler became popular in Germany by blaming Germany’s troubles on certain groups especially Jews and communists. |
| What is war production? | War production is making weapons and other materials for the military. |
| Why was FDR getting elected in the 1940 special? | It was special because it was his third time being selected for president |
| What is one way that the New Deal helped America? | One way is they built a series of dams to control floods. |
| How did women help during war time? | They helped by taking jobs in the war industry. |
| Which superhero was created during the Great Depression? | Superman. |
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