Causes
What role did inflation play?
Increasing prices
What did children face a lack of?
Education
Was life easy?
no
What did women change?
Their domestic responsibilities.
How long did it take the US to recover from the Great Depression?
What did people loose because of the stock market collapse?
Their investments
Is inflation how products increase in price?
yes
Did people continue their normal life?
yes
How were men affected?
They could not support their families.
What organization specifically helped Tennessee recover?
Tennessee Valley Authority
What ultimately lead to collapse?
Deflation
What is deflation?
Reduction of the general level of prices in an economy.
Was the lower class extremely affected?
No
What was the stock market crash reffered to as?
Black Tuesday
What program helped relieve the public?
The Civilian Conservation Corps
What other factor affected The Great Depression?
The Dust Bowl
Why did birthrates decrease?
Unemployment rates were increasing
What did lack of employment cause?
inflation
How many banks failed by 1933?
About 4000
What act helped the banks stabilize?
The Emergency Bank Act
What caused commotion on Wall Street?
A large stock market crash
What did many older children do during this time?
They left their families to work
How bad were some income drops for some middle and upper class professionals?
40%
At the beginning of the Great Depression, what were unemployment ratings at?
3.2%
What act the President Herbert Hoover give loans to in an attempt to help?
The Federal Emergency Relief Act