Ch. 14 great depression Study guide and answers
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| show | Rising crop prices during WWI led to over borrowing and over production after the war.
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| Explain the psychological effects of the Depression. | show 🗑
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| show | WWI vets demanding their bonuses. They were attacked and ran out of town by the Army.
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| List all the effects of the Great Depression. | show 🗑
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| show | Men and boys that wondered the country.
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| show | Government gives food or payment directly to the people.
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| Why did the coal mining industry suffer during the 1920's? | show 🗑
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| List reasons consumer purchasing slowed during the late 1920's. | show 🗑
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| Describe President Hoover's belief about Direct Belief. | show 🗑
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| Who were the Presidential Candidates in 1928 and what were their platforms? | show 🗑
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| show | No government regulation, speculation buying, Buying on Margin, Many new investors.
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| show | Day the Stock market crashed losing over $15 billion.
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| show | Time of decreasing stock values.
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| What caused many banks to run out of money when the market crashed? | show 🗑
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| What were the effects of the Hawley Smoot Tariff? | show 🗑
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| List states affected by the drought of the 1930's. | show 🗑
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| show | Farmers that left dust bowl for work in California.
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| show | Purchasing stock on credit.
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| show | Natural cycle of business and would fix itself.
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| show | Hoover Dam. Provided flood control, electricity, irrigation, and jobs to thousands.
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| show | Lost Majority in House, held narrow majority in Senate.
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| show | Villages of homeless living in makeshift shacks in big cities on public land.
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| Describe Speculation. | show 🗑
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| What did farmers do in hopes to drive up prices in the early 1930's? | show 🗑
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| show | Lowered people's mortgages rates and allowed farmers to refinance to stay on their land.
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| show | People had overspent and used credit unwisely in order to achieve the American Way standard of living.
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| Describe President Hoover's legacy. | show 🗑
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| What mistake did the Federal Reserve make in the 1920's that caused the Depression to be worsened? | show 🗑
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| List the 4 primary causes of the Depression. | show 🗑
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| show | Period of Market Growth.
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