What do we call the period from 1920 to 1929? Why do we call it that?

We call it the Roaring 20s because they wanted to have fun.

What does it mean to “buy something on credit”?

It means to pay a portion of the price with a promise to pay the rest in parts called installments.

A stock is share of a business.

Why do people buy stocks?

People buy stocks because they want money.

What happened on October 29, 1929?

On October 29, 1929 people loss huge amounts of money due to prices falling.

What does depression mean when referring to the economy?

It means the economy is not doing well.

True or False: Just the US was affected by the Great Depression. Why do you think this is?

False the whole world was effected, if one part of the world was effected the rest will be.

Mortgage is the loan to buy a house.

Who was elected president in 1928? How did he feel about the stock market crash?

In 1928 Herbert Hoover was elected president, he said there was no need to worry and things would get better and didn’t believed the government government should get involved in business.

What is interest? Why do banks charge interest?

Interest is a fee based on the amount of money loaned, banks payed interest so they could deposit and loan it out to make more money.

What was the nickname given to the shelters people built out of anything they could find?

Their nicknames were Hoovervilles.

Which organization tried to provide cheap food to unemployed people?

The orgonization that tried to provide cheap food was The Internasional Apple Shippers Association.

What did World War I veterans try to do in 1932? Were they successful?

In 1932 veterans tried to get bonuses and set up a temporary camp, they were not successful.

How did the government respond to the WWI veterans camping out in the capital?

The government responded in violence, using tear gas and burning the camp.

What was the name of the song written by E. Y. Harburg during the Great Depression?

The name of the song was Brother, Can You Spare a Dime

Who became president in 1933?

In 1933 Franklin Delano Roosevelt was elected president.

How many people in the US were unemployed in 1933?

In 1933 15 million people were unemployed.

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Question	Answer
What do we call the period from 1920 to 1929? Why do we call it that?	We call it the Roaring 20s because they wanted to have fun.
What does it mean to “buy something on credit”?	It means to pay a portion of the price with a promise to pay the rest in parts called installments.
What is a stock?	A stock is share of a business.
Why do people buy stocks?	People buy stocks because they want money.
What happened on October 29, 1929?	On October 29, 1929 people loss huge amounts of money due to prices falling.
What does prosperity mean?	Prosperity means wealth.
What does depression mean when referring to the economy?	It means the economy is not doing well.
True or False: Just the US was affected by the Great Depression. Why do you think this is?	False the whole world was effected, if one part of the world was effected the rest will be.
What is a mortgage?	Mortgage is the loan to buy a house.
Who was elected president in 1928? How did he feel about the stock market crash?	In 1928 Herbert Hoover was elected president, he said there was no need to worry and things would get better and didn’t believed the government government should get involved in business.
What is interest? Why do banks charge interest?	Interest is a fee based on the amount of money loaned, banks payed interest so they could deposit and loan it out to make more money.
What was the nickname given to the shelters people built out of anything they could find?	Their nicknames were Hoovervilles.
Which organization tried to provide cheap food to unemployed people?	The orgonization that tried to provide cheap food was The Internasional Apple Shippers Association.
What did World War I veterans try to do in 1932? Were they successful?	In 1932 veterans tried to get bonuses and set up a temporary camp, they were not successful.
How did the government respond to the WWI veterans camping out in the capital?	The government responded in violence, using tear gas and burning the camp.
What was the name of the song written by E. Y. Harburg during the Great Depression?	The name of the song was Brother, Can You Spare a Dime
Who became president in 1933?	In 1933 Franklin Delano Roosevelt was elected president.
How many people in the US were unemployed in 1933?	In 1933 15 million people were unemployed.

Created by: user-2041916

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