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Great Depression
| Question | Answer |
|---|---|
| What do we call the period from 1920-1929? * | The Roaring' 20s |
| What does it mean to “buy something on credit”? | To pay a portion of the price with a promise to pay the rest in parts. |
| What is a stock? | A share or part of a business . |
| A share or part of a business . | So they can sell their stocks when their price goes up to earn money. |
| What happened on October 29, 1929? | Prices fell so much |
| What does prosperity mean? | Prosperity means wealth. |
| What does depression mean when referring to the economy? | Times 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 Events in the U.S. at that time also affected many other countries and led to a worldwide Depression. |
| What is a mortgage? | A loan to buy a house. |
| Who was elected president in 1928? How did he feel about the stock market crash? | Herbert Hoover |
| What is interest? Why do banks charge interest? | A fee the bank charges based on the amount of money loaned. |
| What was the nickname given to the shelters people built out of anything they could find? | Hoovervilles |
| Which organization tried to provide cheap food to unemployed people? | The International Apple Shippers Association . |
| What did World War I veterans try to do in 1932? Were they successful? | 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. |
| What was the name of the song written by E. Y. Harburg during the Great Depression? | Brother Could, You Spend A Dime. |
| Who became president in 1933? | By the time Roosevelt took office in 1933, one quarter of the U.S. The workforce was unemployed. |
| How many people in the US were unemployed in 1933? | That was 15 million people! |
| What did people call the broadcasts that the president gave? Why did they help? | His plain speaking and positive attitude made people feel better. He kept doing these broadcasts, which became known as fireside chats. |
| What nickname did people give the programs designed to get people back on their feet? Why did they use this nickname? | A rival called These programs alphabet soup and jokingly called the president FDR |
| What was one of the most successful programs of the New Deal? | The New Deal even created jobs for unemployed artists, musicians,actors, and writers. |
| What did Roosevelt want to do instead of just giving money to unemployed workers? | He wanted to create jobs for them. |
| What is a deficit? | A debt, which happens when the government spends more money than it takes in. |
| What were “runs” on banks? | When depositors panicked and tired to take out all their money. |
| In May of 1938 how many people were still out of work? | 11 million people were still out of work. |
| What does it mean for workers to go on strike? | When employees refuse to work until conditions. |
| 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 invest money in a business should get most of its profits. |
| What was the End Poverty in California program designed to do? | For the state to take over unused factories/ farms and put people to work |
| Why did the church order Father Charles Coughlin to stop his broadcasts? | He was attacking Jewish people on his radio show. |
| Who was appointed US Secretary of Labor in 1911? | Frances Perkins |
| Who became the highest ranking African American woman in FDR’s administration? | Mary McLeon Bethune |
| What is a drought? | A longer period of dry weather. |
| What was the nickname given to the Great Plains? What was it called after the drought? | The area once called America’s breadbasket, because of all the wheat grown there became known as the Dust Bowl. |
| What caused the soil to dry up and blow away? | But farmers plowed up a lot of the grass to plant wheat. |
| Which states were hit the hardest by the dust storms? | One year, the dust storms might be worse in South Dakota. |
| Why are dust storms dangerous? | People’s mouths and noses filled with dust, and dust got into houses, coating every thing. |
| Which state did many families move to after losing everything in the dust storms? | Of work in California. Families who had lost almost everything in the Dust Bowl packed up their cars and headed west. |
| What is a sharecropper? | Farmers who paid the owners in crops. |
| Why didn’t FDR support African Americans during his first term as president? | So he wouldn't lose political support in the south. |
| What is a hobo? | They rode illegally on freight trains, or just walked. |
| Why did hoboes write messages in chalk or coal? | These messages offered directions, information, or warnings to other hoboes. |
| What were the differences between country schools and schools in cities? | School systems hired fewer teachers and bought fewer books. |