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GDepression
York's Great Depression Study Stack
| Question | Answer |
|---|---|
| Why were key industries in trouble? | New forms of energy were avaialable, new houses were on the decline |
| Why did farmers suffer after WWI? | They overproduced after WWI, crop prices fell |
| Why did many people invest in the stock market during the 20’s? | They thought it was a sure thing, and the market continued to rise |
| Why were banks failing? | People were going on bank runs, and banks had lost depositors $ in the stock market |
| How many were unemployed(%)? | 25 |
| Speculation | Making Risky investments |
| Black Tuesday | October 29, 1929: The day the stock market officially bottomed out |
| Buying on a Margin | paying a small % of a stocks worth, while borrowing the rest |
| How were men affected by the depression? | The felt they had failed their families because they were supposed to be the breadwinners, some left their families |
| How were women affected by the depression? | Married women were discriminated in the work place b/c they were taking jobs of married men |
| How were children affected by the depression? | They were malnourished, and many gave up their dreams like college b/c they simply couldn't afford it |
| Where did many people who were affected by the Dust Bowl move to? | Cali Cali |
| Hoovervilles | makeshift villages that were put together in major cities and were named after Hoover |
| Dust Bowl | TX,NM,OK,KS,CO all areas affected by overplowing, drought,and high winds that produced large dust storms |
| How did Hoover believe that American’s should handle the depression? | Figure it out on their own |
| How did many American’s view Hoover as a leader? | heartless |
| Describe what happened to The Bonus Army? | Patman bill promised vets $ early, they came to Washington, and were forcibly removed by the army. |
| How did Hoover expect American’s to keep their jobs | By asking business owners to not lower wages |
| What was The New Deal? | FDR's plan ro provide relief,recovery, and reform through a series of agencies and laws |
| What was FDR’s first step as president? | bank holiday |
| What are fireside chats, and what was their purpose? | FDR's radio chats where he informed the American people of what he was doing. |
| How did Huey Long gain support? | By discussing the deficit that New Deal Programs were bringing |
| CCC | 18-25 year old men who were planting trees, fighting fires, and getting paid $30 a month |
| AAA | paid farmers to plow under crops, destroy their crops, and was later proved unconstitutional |
| FDIC | provided depositors insurance on their deposits |
| WPA | provided millions of jobs in the arts, construction, writing, and even sewing |
| Social Security Act | provided "old age" insurance, unemployment insurance, and aid to dependents and the disabled |
| TVA | established to build dams and provide electricity to rural areas of Tennessee |
| NYA | gave youth part-time jobs, counseling, and even rectreation |
| HOLC | extended employed citizen's mortgages and lowered interest rates |
| Who was FDR trying to help with the 2nd New Deal? | farmers and workers |
| How did FDR treat minorities during The Great Depression? | women and African Americans were highlighted, while Mexican Americans were ignored |
| What two types of media became popularized during the depression? | movies, and radios |
| What did people use the media to do? | escape reality |
| How were many artists projects funded? | WPA |
| What were some lasting effects of The New Deal? (how did it affect the gov’t?) | promoted Deficit spending, that was historically unheard of |
| What agencies lasted and are still around today? | TVA,SSA,FDIC,FHA |
Created by:
mooyork
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