In 1920, millions of Americans bought ________
on speculation.
stocks
Farm income dropped by _________%
50
Who was elected as president in 1932?
Roosevelt
What were some ways that people tried to forget about the situation? 3
movies, music, reading, watching sports
What was one effect of the Dust Bowl?
Farmers lost their farms, the price of produce increased, many American moved to California in hopes of finding jobs
When stocks began to drop to their true _________,
people panicked and sold their stocks for cheaper prices.
worth/value
What effect did the drought have on farmers?
crops would not grow, not crops and dry conditions caused dust storms
What was theory behind The New Deal?
Pump money into the economy and help get American back on its feet.
Who was one of the most famous and talented musicians of the time?
Duke Ellington
How did the Great Depression effect children?
homeless, hungry, had to quit school to help earn money for family
On Oct. 29, _________, the stock market crashed.
1929
What 2 states were hit hardest by the Dust Bowl?
Oklahoma and Kansas
What does WPA stand for?
Works Progress Administration
Why was Gone With the Wind by Margaret Mitchell so popular?
The theme was overcoming tragedy and it gave them hope.
The CCC focused on improving what?
Natural resources
People rushed to the banks to withdraw their money, but the banks did not have it. Why?
Banks use other people's money to give loans.
President Hoover's policy on the situation was that __________________________.
local charities should help people, not the government.
The CCC worked on what 2 projects in Georgia?
planting tress in Chattahoochee National Forest and working on the Appalacian Trail
In 1936, Jesse Owen competed in what Olympics?
Berlin
Which program worked on public road and buildings?
WPA
What is the difference between getting laid off and fired?
Being laid off happens when there is not enough work or money. Can be temporary. People get fired when they are not doing their jobs correctly. Usually permanent.
What percent of the population was unemployed?
25
The Tennessee Valley Authority built dams to _______________________ and __________________________.
How many world records did Jesse Owen break while in college?
5
When did America finally come out of the Great Depression?
In 1942 when we entered WW2