Causes of Great Depression
What was the main factor that led to the stock market crash of 1929?
Over speculation and buying on margin.
What was the name of the program that hired young, unemployed men to work on conservation projects?
Civilian Conservation Corps (CCC).
Who was the president of the United States during the beginning of the Great Depression?
Herbert Hoover.
What was Black Tuesday?
The day the stock market crashed on October 29, 1929.
What was the name given to the makeshift towns built by homeless people during the Great Depression?
Hoovervilles.
Which law passed in 1930 made the Great Depression worse by increasing tariffs on imported goods?
Smoot-Hawley Tariff Act
What was the purpose of the Agricultural Adjustment Act (AAA)?
To raise crop prices by reducing production.
What was the name of the famous aviator who flew solo across the Atlantic Ocean during the Great Depression?
Charles Lindbergh.
What was the name of the stock exchange where the stock market crash of 1929 occurred?This Agency paid farmers NOT to grow their crops in order to raise the price of crops. This doubled the prices of Crops before being declared unconstitutional in 1936. ___ ____ A
New York Stock Exchange (NYSE).
What was the nickname given to the people who rode trains in search of work during the Great Depression?
Hobos.
What event during the Great Depression caused banks to fail and people to lose their savings?
Bank runs.
What was the name of the program that provided retirement income for elderly Americans?
Social Security.
Who was the legendary gangster and bank robber who operated during the Great Depression era?
John Dillinger.
What was the nickname given to the period of time leading up to the stock market crash of 1929?
The Roaring Twenties.
What was the name of the program that provided jobs and wages for unemployed artists and writers during the Great Depression?
Federal Writers' Project.
Which industries were hit the hardest during the Great Depression?
Agriculture, construction, and manufacturing.
Who was the first woman to hold a cabinet position in the U.S. government and was responsible for the creation of the National Youth Administration?
Frances Perkins.
Who was the popular radio broadcaster who provided hope and entertainment to Americans during the Great Depression?
Franklin D. Roosevelt.
What percentage of stocks had lost their value by the end of the stock market crash of 1929?
90%.
What was the name of the drought that caused many farmers in the great plains to have terrible harvests in the 1930's?
What is the dust bowl
What economic theory did President Hoover believe would fix the Great Depression?
Rugged individualism.
Which New Deal program aimed to stabilize the banking system and restore confidence in the economy?
Emergency Banking Act.
What famous novel, written by John Steinbeck, portrays the struggles of a family during the Great Depression?
The Grapes of Wrath.
What effect did the stock market crash of 1929 have on consumer confidence and spending?
Consumer confidence decreased, and spending decreased as a result.
How did people cope with the economic hardship during the Great Depression?
People coped with the Great Depression by forming communities and supporting each other, relying on family and friends for assistance, and finding creative ways to make ends meet.