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Great depresson
| Question | Answer |
|---|---|
| What do we call the period from 1920 to 1929? | Roaring `20s. |
| What is a stock | Is a share (part) of a business. |
| Why do people buy stocks? | To buy and sell them for a profit. |
| What does prosperity mean? | Wealth. |
| TRUE or FALSE: Just the US was effected by the Great Depression. | False |
| What is a mortgage? | The loan to buy the house. |
| Who was elected president in 1928? | President Herbert Hoover. |
| What is interest? | A fee based on the amount of money loaned. |
| What did World War I veterans try to do in 1932? | They tried to get the bonuses they were promised during the war. |
| How did the government respond to the WWI veterans camping out in the capital? | The government said no and drove the veterans away. |
| Who became president in 1933? | Franklin Delano Roosevelt. |
| 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. |
| What is a deficit? | A debit, which happens when the government spends more money than it takes in. |
| What were “runs” on banks? | When depositors panicked and tried to take out all their money. |
| What does depression mean when referring to the economy? | Times when the economy is not doing well. |
| What does it mean for workers to go on strike? | It means that they refused to work until working 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? | Capitalism is based on the idea that people who invest money in a business |
| What is a drought? | A long period of dry weather. |
| What was the nickname given to the Great Plains? What was it called after the drought? | America`s breadbasket, and the Dust Bowl after the drought |
| 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 went around the country looking for work. |
| What were the differences between country schools and schools in cities? | Country schools learned in one large room and city schools had classes of 30-50 |
| What is one way African Americans experienced discrimination during the depression? | By blaming Germany problems on Jews and communists. |
| How did the girls in the Secret Helpers Club help people? | They collected money to purchase food for the poor. |
| What were the two main sources of entertainment for families during the depression? | Movies and radio |
| How did Hitler become popular in Germany? | By blaming Germany problems on Jews and communists. |
| What is war production? | Making weapons and other materials for the military |
| Why was FDR getting elected in 1940 special? | He was the first president to be elected for a third term. |
| What is one way that the New Deal helped America? | It created the minimum wage laws |
| How did women help during war time? | They took important jobs that the men usually do |
| Which superhero was created during the Great Depression? | Superman |