Agriculture
What caused the Dust Bowl?
Drought and Failure to prevent erosion.
How Many waves of drought were there?
Three Waves of drought.
What president was elected with the promise of improving the economy?
Franklin D. Roosevelt
What was the stock market crash called?
The Great crash.
How many banks had failed by 1933?
11,000
What was many farmer’s solution for the lowered prices for crops?
They tried to grow more crops to pay off their debt.
What was one reason for the loss of root systems on the plains?
Overgrazing of livestock.
Roughly what percentage of American families made less than $2500 a year during the great depression?
Over 70%
What was speculation?
Buying stocks in hopes of making money quickly
How did Foregn businesses react to tariffs on goods?
The Made Tariffs of their own.
What percentage of the population was farmers before the great Depression?
25%
WHat was a common name for encampments of people that had been forced to leave their homes due to unliveable land and being forced to leave their homes?
Hooverviles.
Who won the 1928 election?
Herbert Hoover
30%
What was the state of the mining industry?
The mining industry was facing shutdowns and mining towns were deserted.
How much did National farm income decrease from 1919 to 1932?
$11.6 Million
How many states were affected by the dust bowl?
19 States
What was the most common cause of death the great depression
Cardiovascular and renal diseases.
What day was also known as black tuesday?
October 29, 1929
How many americans owned stocks in 1929?
Around 4 million
How much were taxes raised for farmers in the 1920's?
Taxes Doubled.
When did affects of the dust bowl to begin to dissipate?
Around spring 1938.
Who served as the first US ambassador to the United Nations?
Eleanor Roosevelt
What two busineses profited the most during the depression?
Boeing and Chrysler
What percentage did the Dow Jones Industrial Average drop around black Tuesday?
Arround 13%