The bank was only able to give back ____% of their clients money.
10% 10 pennies per dollar
What was the south's economy based on?
instibility in the housing market was caused by?
risky lending from banks.
when did the stock market start to crash?
1929 October 24th
what was the CCC?
an act to counter unemployemnt by maual labor in national parks started by FDR
what world event caused unemployment rates to decrease?
WW2
in 2008 the house prices were ________.
lower then the great depression.
the great depression affected where?
nearly everywhere around the world.
when did Americas recovery start?
1934
Who was Franklin Roosevelt?
The president of the united states responable for the recovery from the great depression.
when did the droughts in the south start?
1930
How did president Herbert help the recovery from the Great Depression?
He didn't help.
Children were pulled out of schools in Alabama.(true/false)
true
the 1920's was also known as what?
the roaring 20's
were banks were taking money out of their clients accounts?(true/false)
true
FDR's act's are still in use today?
some are.
when was FDR elected?
1934
in the 1920s banks were giving _______ to everyone.
loans
what design of car were people getting pre-Great Depression?
henry fords t-model
who was investing in the 1920's?
almost everyone
how many stocks were sold between both black thursday and tuesday?
29 million
what is the highest unemployment level in history?(percentage)
24.9%
what region was the poorest during the great depression?
The South
what laws were introduce to protect the wealth of the American people?
the federal deposit insurance corporation and the security exchange commission.
what did the lose of consumer confidence lead to?
an oversupply of goods and a shutdown in factories.