The Windy Plains
60% of the people left their homes
How many left after the dust bowl began?
Many Americans panicked and rushed to withdraw all of their money
What is a bank run?
Climbed 30% between 1929 and 1932.
What was the suicide rate?
Dismissed concerns and called lack of confidence foolish
How did Hoover react to the stock market crash?
Resulted in a decline of international trade
What was the Smoot Hawley Tariff?
Easily uplifted the soil, blowing massive clouds of dust.
What are windstorms?
Depositors lost their money
What happened when banks failed?
14 million people
How many were jobless in 1933?
Called them communists and criminals
What did Hoover call the Bonus marchers (vets)?
Panic spread as people quickly sold their shares
What was the stock market crash?
Forced thousands of people to leave their homes.
What is the dust bowl?
Banks also lost money in the stock market
What is another reason the banks failed?
Why were the shantytowns called Hoovervilles?
Worlds tallest dam and the second largest
What is the Hoover Dam?
People bought items on installments because they wanted things right away.
What is buying on credit?
Hurt the soil.
What is overgrazing or bad farming practices?
Banks were not insured
Why did people lose their money after the banks failed?
Fell nearly 50% from $104 Billion to $59 Billion between 1928-1932
What was the GDP or total purchases in the U.S.?
The Federal Farm Board helped farmers
What is one thing Hoover did to try to help?
As people lost their jobs, they were unable to buy things
What is reduction in purchasing?
The Great Plains
Where did the dust bowl occur?
11,000 of the total number of 25,000 nationwide.
How many banks failed?
When Government directly gives financial aid to the people
What is direct relief?
it was too little and too late
How does history view the few things Hoover did to try to help after the Depression began?
The wealthiest 1% saw their income rise by 75%.
What is the income gap?