Wall Street Crash 1
What year was the Wall Street Crash?
1929
Where (and what) is Wall Street?
New York City banking district
What was the Great Depression?
An economic downturn that occured in The United States
In what decade did the Great Depression mostly occur?
The 1930's
Which political parties did Hoover and Roosevelt represent in the 1932 election?
Hoover: Republican
Roosevelt: Democrat
A small piece of a company that can be 'bought' by investors on the stock market
Buying on the margin
During the Great Depression, people would line up at ____________ to get food. These were normally run by charities.
Soup kitchens/breadlines
Which group was affected the worst by the Great Depression?
Black farmers
Despite the worsening Depression, Hoover promised that 'Prosperity is _______________'
'Prosperity is just around the corner.'
Who was president at the time of the Stock Market Crash of 1929?
Americans in the 1920s are described as being infected with _______ fever!
Speculation fever
Other countries imposed counter-tariffs!
What did Americans call the makeshift shacks in spaces around cities where homeless people lived during the Great Depression?
Hoovervilles
What disease did Roosevelt contract that made people view him as a fighter?
They bought millions of shares
What was the name of the radio report from a financial expert which contributed to the crash?
The Babson Break
When was 'Black Thursday'?
October 24th 1929
Which term was used to the region of the American mid-west that suffered a devastating drought full of huge dirt storms during the 1930's.
The Dust Bowl
a group of WWI veterans who marched on Hoover’s White House looking for benefits (bonuses) was known as...
The Bonus Army Marchers
Out of a population of 120 million, how many Americans were investors in 1920 vs in 1929?
4 million in 1920, rose to 20 million by 1929
What percent of Rockefeller's money was lost in the Wall Street crash?
80%
By 1933, how many million Americans were unemployed?
14 million
The USA's international trade went from 10 billion dollars in 1929 to only __ billion dollars in 1932.
It went down to 3 billion.
How many votes did Roosevelt win by?
7 million