Key Figures
Who was the president during the Great Depression
FDR
How many people were unemployed after the Great Depression
12,830,000
What famous board game was created during the great depression
Monopoly
Agricultural Adjustment Act (AAA)
attempted to reduce farming surplus by paying farmers to kill excess livestock and to not plant portions of their land.
What started the Great Depression
The stock market crash
Former engineer who became president
Herbert Hoover
Wage income fell how much between 1929-1933
42.5%
How many minor league teams were cut during the great depression
14
Civil Works Administration (CWA)
attempted to create thousands of jobs. They were very temporary, and were only available for hard labor during the winter.
What happened to banks after the stock market crash
Banks ran out of money
A conservative from Massachusetts who became the thirtieth U.S. president
Calvin Coolidge
How far did Consumer prices fell?
25%
What did movies rely on during the great depression
Dialogue and allusions
Civil Conservation Corps (CCC)
skilled manual labor jobs related to the conservation and development of natural resources in rural lands.
What was Herbert Hoover's plan
Calvin Coolidge was elected president in his own right, but in 1928 he declined an offer to run again. Like both his predecessor, Harding, and his successor
Warren Harding
How far did GDP fell?
29%
What type of music became popular during the great depression
Jazz
Federal Deposit Insurance Corporation (FDIC)
provided deposit insurance to bank customers, securing people's incomes in banks. Also known as Glass- Steagall Act, which established it.
What is overproduction
Wife of FDR; social reformer, writer, and diplomat; supported equal rights for women and African Americans; served as the first US ambassador to the United Nations
Eleanor Roosevelt
How many banks failed between 1930-33?
7,000
who championed social protest in the early 1960s at the head of the folk music revival.
Bob Dylan
National Recovery Administration (NRA)
Eliminated "cut- throat competition" by bringing industry, labor and government together to create set prices. This was intended to reduce destructive competition and to help workers by setting minimum wages, minimum prices for products and weekly hours.
What is it called when you borrow money in order to buy stock
buying a margin