Causes of the Great Depression
List one of the 5 Causes of the Great Depression
War Debt, Farm Sector Crisis, Stock Market Speculation, Easy Credit, Unequal Distribution of Income
What happened to children during the Great Depression?
They faced malnutrition, dropped out of school, were sent to live with family/orphaned
Who was the Republican President when the Great Depression began?
Herbert Hoover
Which group of people were being deported during the Great Depression?
Mexican Americans even US Citizens!
What was the New Deal?
A series of government programs and agencies created to help America Recover from the Great Depression
The Day that the Stock Market Crashed is commonly called ______________
Black Tuesday
The Midwest especially suffered during the Great Depression because they faced ______________, a terrible natural disaster due to drought and lack of crop rotation.
The Dust Bowl
People living in Shanty Towns made of junk blamed president ________ and called the makeshift encampments _____________
Hoover; Hoovervilles
A school in San Diego attempted to segregate Mexican Students from Anglo/White Students. This was called ___________
The Lemon Grove Incident
Why were New Deal Programs like Federal Deposit Insurance Corporation (FDIC) & Securities and Exchange Commission (SEC) created?
To help the public rebuild trust in banks and the stock market
Explain the Farm Sector Crisis...
Farmers grew crops for Europe/soldiers in WWI & had to buy fancy machines to increase output. This put them in debt. At the end of the war they have a surplus of crops which brings prices down because there is not a large demand. Now they have debt and are not making enough money
People moving from the midwest to California in search of work were called _________
Oakies
President ____________ led a significant shift in government intervention in the Economy with his New Deal.
Franklin Delano Roosevelt or FDR
This minority group faced the same discrimination they had been enduring since pre-Civil War. Their Unemployment rate was 2x the national average - 50%!
African Americans
What is Social Security?
a federal insurance program that provides benefits to retired people and those who are unemployed or disabled
Explain how credit works..,
You are buying something with money you do not currently have and promising to pay it back with interest in the future. Allows you to immediately benefit from a purchase, but can cause trouble.
Unemployment was at an all time high. What percentage of the country was unemployed during the Great Depression?
25%
What was one criticism of FDR?
Trying to pack the Supreme Court, "too much government involvement", Deportations
______________, was a program that provided economic assistance and greater independence and control of their own affairs to Native Americans
The Indian New Deal
What are the 3 Rs of the New Deal?
Relief, Recovery, Reform
Defined as, a tax on imported goods, this policy put in place by Hoover was detrimental to some.
Smoot Hawley Tariff
Explain the concept of a run on the bank?
People rush to banks to withdraw all their money. Banks have invested the money, so it is not all there and banks fail and close as people rapidly withdraw what little they can
Which political party was Hoover from?
Which political Party was FDR from?
Hoover = Republican
FDR = Democrat
Define Repatriation.
The “return” of someone to their own country. A Euphemism for deportation.
Building roads, schools, hospitals