The president that contributed to leading America out of the Great Depression
What is Stock?
What is "buying a portion of a company"?
Give a quick overview of what Black Thursday was
(Ex. Answer:) Black Thursday was a day in the stock market where there was a huge stock market crash. There was selling panic, and everything went into chaos. Hoover could not reassure people as the market took a nosedive. It resulted in the start of the Great Depression.
Who signed the Smoot-Hawley Tariff Act into law?
What is Herbert Hoover?
Who made the New Deal?
Who is FDR?
President that people blamed for the economic crises of the Great Depression
Who is Herbert Hoover?
What is the Dust Bowl?
The Dust Bowl was a period of time of great, severe dust storms that greatly damaged and impacted the agriculture of many prairies during the Great Depression, impacting farmers as well in the economic crisis.
Which one was first: Black Tuesday, or Black Thursday?
What is Black Thursday?
One of the main goals of the Smoot-Hawley Tariff Act
What is "To protect local industries"?
The "Three R's" from the New Deal
What is relief, recovery, and reform?
Who was opposed to the New Deal and went against FDR?
Who is Father Charles Coughlin?
What is "Where investors buy and sell stocks"?
What is the Stock Market?
What is the main difference between Black Thursday and Black Tuesday?
(Ex. Answer:) Black Thursday sparked the Great Depression while Black Tuesday was the highest point of devastation because it was the worst day in the market. Black Thursday was the start of the stock market crash and the leading point of the Great Depression while Black Tuesday was the peak of it's devastation.
Other countries response to this act
What is "By raising their tariffs"?
How did the New Deal help people come out of the Great Depression?
It gave unemployed people jobs, put a series of programs in place, and helped expand the federal government, which helped political culture.
Who won the Nobel Prize in 1930?
Who is Sinclair Lewis?
What is a period of growth in share values?
What is Bull Market?
What caused Black Thursday?
Sellers were in a panic to sell their stocks because they sensed something bad happening. Due to this, the market went down drastically, causing the public to become panicked, scared, and frustrated.
The Smoot-Hawley's affect on international and global trade
Explain what Soup Kitchens did and how they were economical
Soup Kitchens gave homeless and or poor people food that they normally would not have been able to find or afford. This was economical because if you ever needed more all you had to do was add more water.
Wife of FDR
Who is Eleanor Roosevelt?
What was the Bonus Army?
What is a group of people that consisted of veterans and their families that demanded immediate payment of a promised bonus for their service?
How did economic practices contribute to the Great Depression?
Many people were taking out loans but not paying the debt. The Smoot-Hawley Tariff Act also had a huge contribution to this.
According to Hoover, what was the main goal and purpose of the recognized Tariff Comission?
What is making everything smoother overall as well as raising trades and boosting low agricultural/farm prices?
What is individualism and who believed in it?
Herbert Hoover believed in individualism which meant that people had to be alone with their own problems and not interfere with the government. This led to Hoover's failure to address the Great Depression and less and less government involvement.