We All Fall Down
At what time in history did the U.S suffer one of its biggest economic crisis?
Bonus Point: What two other times in history did we experience a similar issue?
1930s
Bonus Question: 1996 and 2008
This man was the president during the start of the Great Depression and was widely blamed for the serve economy state
Hebert Hover
This novel was based on the lives of workers, he called” Oakies,” who had migrated from Oklahoma during the Dust Bowl to California to find work. NOTE—It is estimated that over one million farmers lost their land and left searching for a better opportunity.
The Grapes of Wrath by John Steinbeck
At what time in history did Americas worse food shortage epidemic start.
Bonus Point: What was April 14, 1935 known from then forward
1930s
Bonus Point: Black Sunday
This person endorsed many relief programs during their presidential term
Franklin D. Roosevelt
These two factors were a catalyst to the stock market crash
Speculation and buying on margin
This architectural infrastructure was one attempt on a federal relief project during the beginning of the Depression
The Hoover Dam
This person wrote a song that symbolized the feelings and frustration of the people in the Great Depression. This song often played on the radio and became one of the most popular songs in 1932.
Yip Harburg
These two factors were the main ignition for the Dust Bowl
Over grazing and poor farming execution
Series of programs and regulations to end the depression
The New Deal
Borrowing money from a broker to buy stock; Usually only having to put down a 10% down payment on the total amount borrowed
Buying on margin
This Commission was responsible for reorganizing the executive departments and determining the food needs of Europe, especially in American and British occupied Germany following World War II.
The Hoover Commission
By mid-November, $25 billion of the value of stocks had disappeared.
Unstable Banking practices
This type of herd was the main cause of the over graving in the late 1920s
Bonus Point: About many of these animals were transferred?
Sheep
Bonus Point:
over 3,000
This program provided pensions, unem- ployment insurance, and aid to families with dependent children. It also provided aid to those with some disabilities
Social Security Act
How long did it take for the economy to stabilize itself?
Over a decade
Hoover’s belief in what was based on the idea that welfare programs sponsored by the government would reduce the desire to work.
Laissez-Faire capitalism
Immigrant factory and farm workers, especially those from Mexico, were targets of hostility and prejudice.
Weak international economy and Industrial Problems
It what state was the Dust Bowl have its biggest effect on?
Utah
This program was created under the Na- tional Housing Act. It provided for home mortgages and repairs and still exists to- day.
The Federal Housing Administration
October 29th--the day the Stock Market crashed causing prices to fall to all-time lows and fortunes and life savings lost
Black Sunday
Term used to describe the makeshift shelter towns (known as shanty-towns) where many of the unemployed lived during the Depressio
Hoovervilles
Total wages for those that kept their jobs dropped from $12 billion to 7 billion
Uneven distribution of income
Many farmers migrated to this location for a new start
California
k“The country needs and, unless I mistake its temper, the country demands bold, persistent experimentation. It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something.” This quote was spoken by whom and in regards to what?
FDR and The Great Depression