How many stock market crashes took place during the Great Depression?
What is two crashes, the first one in 1929, and a larger one in 1932.
100
In the first three years of the depression, how many banks closed?
What is 5,000 banks?
100
What public services were created?
What is breadlines and soup kitchens dispensed food.
100
Where did most of the Dust Bowl migrants move to?
What is California.
100
What was the Reconstruction Finance corporation? (1932)
What is the "billion-dollar soup kitchen" was established by Hoover to provide loans to companies and corporations.
200
Name two causes of the Great Depression.
What is the stock market crash of 1929, bank failures, drought conditions, and the American Policy with Europe.
200
How much money did stockholders lose?
What is $40 million
200
What was the percentage of unemployment?
What is 25%
200
What caused the Dust Bowl?
What is a severe drought and a failure to apply dry-land farming methods to prevent wind erosion.
200
What was the "Bonus Expeditionary Force?" and what did it do?
What is a group of thousands of WWI veterans who set up a giant "Hooverville" in Washington D.C. to demand the bonus that had been promised to them by the Hawley-Smoot Tariff
300
How much money was required to open a bank?
What is there was no minimum capital required to start a bank.
300
What did Hoover do in response to the stock market crash?
What is used $2.25 billion on public works (such as the Hoover Dam), the Reconstruction Finance Corporation, passed the Norris- La Guardia Anti-Injunction Act in 1932
300
What was the greatest social impact from the Great Depression?
What is families split apart.
300
What states were most effected by the Dust Bowl?
What is Colorado, Texas, Oklahoma, Kansas, and New Mexico.
300
What was the Hawley-Smoot Tariff of 1930?
What is a trade tariff that included a bonus for WWI veterans. The bonus was voted in Congress in 1924 and would be payable in 1945.
400
What was happening to production and manufacturing?
What is overproduction by both factories and farms, common people could not afford products, so sales were low.
400
How many people lost their jobs by 1930 due to the crash?
What is 4 million people
400
What are runs on banks?
What is when banks did not have enough money to provide the withdrawals their customers demanded.
400
What did humans do to provoke the Dust Bowl?
What is overproduction without letting the land replenish itself and farmer mechanization destroyed the topsoil.
400
What was the Norris-La Guardia Anti-Injunction Act of 1932?
What is a law that outlawed "yellow-dog" contracts, which allowed unions to organize peaceful strikes, boycotts, and picketing without interference from the federal court.
500
What was the economic result of World War I between European nations and America?
What is Payment to assist Germany so they could pay their debts to Europe in hope America would be paid back, however this system was flawed and America never saw their money.
500
What date did the Stock Market Crash and what is its nickname?
What is October 29, 1929 and Black Tuesday
500
Why were schools closing?
What is losses of tax revenues to support schools.
500
What percentage of the population left due to the Dust Bowl?
What is 25%
500
How did the Reconstruction Finance Corporation benefit large corporations during the Great Depression?
What is Provided profits for big business and the government, but did not provide relief for the general public