Stock Market Crash
Buying stocks with borrowed money, this risky investment practice contributed to the 1929 crash.
What is buying on margin?
He was the U.S. President when the stock market crashed in 1929.
Who is Herbert Hoover?
Many homeless people during the Great Depression traveled the country by illegally hopping onto freight trains and were known as this.
What are hoboes?
This natural disaster was caused by overfarming, drought, and high winds in the 1930s.
What is the Dust Bowl?
He was elected President in 1932, promising a "New Deal" for Americans.
Who is Franklin D. Roosevelt?
A rapid rise in stock prices that is not supported by actual business growth creates this kind of unsustainable market.
What is a bubble?
After the crash, U.S. industrial production experienced this dramatic change.
What is a sharp decline?
One major danger of riding the rails was the risk of falling under the wheels, leading to this severe consequence.
What is injury or death?
Many farmers left their land and moved west, especially to this state, in search of work.
What is California?
FDR used these informal radio broadcasts to communicate with the American public and explain his plan.
What are fireside chats?
On October 29, 1929, this event occurred, causing stock values to plummet and leading to massive financial losses.
What is the stock market crash?
These makeshift communities of homeless people sprang up on the edges of cities.
What are Hoovervilles?
Railroad companies hired these men to patrol the trains and remove trespassers.
What are railroad bulls?
The Dust Bowl mainly affected farmers in these two regions of the U.S.
What are the Great Plains and Midwest?
The New Deal had three major goals: relief, recovery, and this long-term measure to prevent future economic crises.
What is reform?
After the crash, many banks faced this problem when customers rushed to withdraw their savings.
What is a bank run?
Unemployment rates soared during the Great Depression, reaching this peak percentage in 1933.
What is 25%?
When hoboes were caught, they often faced these punishments.
What are jail time, beatings, or forced labor?
This photographer documented the struggles of families during the Great Depression, with her most famous photo being Migrant Mother.
Who is Dorothea Lange?
This program provided jobs for young men to work on conservation projects like planting trees and building parks.
What is the Civilian Conservation Corps (CCC)?
When prices fall across the economy, people and businesses spend less, which worsens economic decline.
What is deflation?
Many families faced food shortages and hunger, leading to the establishment of these community-driven efforts to provide meals.
What are soup kitchens?
Hoboes developed this system of symbols to communicate safe places, work opportunities, or dangers.
What is hobo code or hoboglyphs?
The Soil Conservation Program was created by the government to teach farmers ways to prevent this loss of land when soil is not held down.
What is erosion?
Name three New Deal programs and their purpose.
What are