Start of the Depression
What is the date "Black Tuesday" occured on?
10/29/29
What was the Bonus Army?
A group of WW1 veterans who demanded an early payout of their service bonuses.
How were children affected by the Great Depression?
Children were malnourished, schools either cut their time or shut down entirely, many children ran away from home.
What did the "Federal Home Loan Bank Act" do?
Lowered mortgage rates for Americans.
The name of the shanty towns built across the nation
Hoovervilles
What did the "Hawley-Smoot Tariff Act" do?
Put a tariff on foreign goods promoting US citizens to buy American goods.
Who were the candidates in the 1932 Presidential Midterm?
Herbert Hoover and Franklin D. Roosevelt
What role did women play during the Great depression?
Sewed clothes, canned foods, and managed the household budget.
what did the "Revenue Act" do?
Hoover passed this once RFC caused the deficit to rise, it increased taxes.
This large drought(among other elements) caused many Americans to migrate.
The Dust Bowl.
This term was given to migrants traveling from Oklahoma.
Okies
Who proposed the early payout of WW1 veteran bonuses?
Wright Patman
Name 5 psychological/social affects of the Great Depression.
-Increase in suicide
-All time mental hospital admittance high
-Alcoholism increased
-Crime increased
-Marriage and health care decreased
-Many people developed hobbies like saving
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what did the "Federal Reserve Board" do?
Cut the money in circulation leading up to the Great Depression.
This industry is key to predicting the economy.
Housing
What is rugged individualism?
A belief that the government should not interfere in economic problems and that people should be self reliant.
What common item did both candidates promise to do during the 1932 Midterm Election?
Repeal prohibition.
This term invited major industrial leaders to gather and discuss economical issues
Associationalism
What did the "Reconstruction Federal Corporation" do?
Government organization that loaned $2 billion to banks(who could prove they could pay it back) in an attempt to get them back on their feet.
What was the "Poor Mans Divorce"?
When men would abandon their families during the GD simply because they couldn’t provide for them anymore
What 4 major industries dropped in productivity?
Coal, Railroads, Lumber, and Housing
Who were the 2 men in charge of clearing out the Bonus Army camps?
Generals Douglas MacArthur and George Patton.
Name 5 affects of the Dust Bowl
-Crop growing was really hard.
-Migrants left their homes for work.
-Dust Pneumonia.
-Schools were closed.
-People had to eat canned goods.
Hoover passed this project because he believed it would pay for itself and provide many work opportunities.
The Boulder Dam(Later known as the Hoover Dam).
Another acronym used for the Bonus Army.
BEF(Bonus expeditionary forces)