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Gerate Depressioon
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| Question | Answer |
|---|---|
| What do we call the period from 1920-1929? | The Roarin' 20s |
| What is a stock? | A share or part of a business. |
| Why do people buy stocks? | So they can sell their stocks when their price goes up to earn money |
| What does prosperity mean? | Prosperity means wealth |
| What does depression mean when referring to the economy? | Times when the economy is not doing well |
| True or False: Just the US was affected by the Great Depression. | False |
| What is a mortgage? | Loan to buy a house |
| Who was elected president in 1928? | Herbert Hoover. |
| What is interest? | A fee the bank charges based on the amount of money loaned |
| What did World War I veterans try to do in 1932? | They tried to get the bonuses that were promised to them |
| How did the government respond to the WWI veterans camping out in the capital? | They launched tear gas at the veterans and burned their possessions |
| Who became president in 1933? | FDR |
| What did people call the broadcasts that the president gave? | Fireside chats |
| What did Roosevelt want to do instead of just giving money to unemployed workers? | He wanted to give people jobs instead of money |
| What is a deficit? | A debt that happens when the government spends more money than it takes in |
| What were "runs" on banks? | When people panicked and tried to take all of their money out of the bank |
| What does it mean for workers to go on strike? | When employees refuse to work until conditions got better |
| Why did the Supreme Court rule against some of Roosevelt’s programs? | They thought the New Deal gave the federal government too much power. |
| What idea is capitalism based on? | People who invest money in a business should get most of its profits |
| What is a drought? | Long period of dry weather |
| What was the nickname given to the Great Plains after the drought? | The Dust Bowl |
| What was the nickname given to the Great Plains? | America's breadbasket |
| Which state did many families move to after losing everything in the dust storms? | California. |
| Why didn’t FDR support African Americans during his first term as president? | He didn't want to lose political support in the South |
| What is a hobo? | Homeless people who traveled around looking for work |
| What were the differences between country schools and schools in cities? | Southern schools were taught in one room school houses Northern schools were taught in classes with 30-50 students |
| What is one way African Americans experienced discrimination during the depression? | African Americans were given less money by state governments |
| How did the girls in the Secret Helpers Club help people? | The girls collected money to buy food for people who couldn't afford it |
| What were the two main sources of entertainment for families during the depression? | Movies and Radios. |
| How did Hitler become popular in Germany? | Because he blamed Germany’s troubles on certain groups. |
| What is war production? | Making weapons and other materials for the military. |
| Why was FDR getting elected in 1940 special? | Because it was his third term as president. |
| What is one way that the New Deal helped America? | Because it brought electricity to the Tennessee River Valley. |
| How did women help during war time? | Women took jobs in the war industries |
| Which superhero was created during the Great Depression? | Superman. |