Causes of the GD
What year did the stock market crash, marking the start of the Great Depression?
1929
What was the name for makeshift shantytowns built by homeless people?
Hoovervilles
What was President Herbert Hoover’s initial response to the Great Depression?
He believed in limited government aid
The purchase of buying shares into a company
What is buying stocks
What Woody Guthrie folk song is written about the Great Depression
"This Land" or "This Land is Your Land
What is the name of the day the stock market crashed on October 29, 1929?
Black Tuesday
What environmental disaster worsened conditions for farmers in the Midwest?
The Dust Bowl
What was the name of the group of World War I veterans who marched on Washington, D.C., in 1932 to demand early payment of their bonuses?
Bonus Army
The name of the Day the stock market started to decline, recovered before the official crash
Black Thursday
What form of entertainment remained popular during the Great Depression, offering an escape from hardship?
Movies/Films
What economic practice of buying stocks with borrowed money contributed to the crash?
Buying on margin/ buying using loans
How did the Great Depression impact marriage and birth rates?
Both declined as families could not afford children.
What was the name of the government agency created by Hoover to provide emergency loans to banks and businesses
Reconstruction Finance Corporation (RFC)
What was the effect of bank failures on everyday Americans?
People lost their savings as banks closed
What popular board game, first sold during the Great Depression, allowed people to fantasize about wealth?
Monopoly
What major weakness in the banking system led to widespread bank failures?
Banks made risky loans and had little regulation
What nickname was given to the farmers who fled the Dust Bowl for California?
Okies
How did unemployment rates change during the Great Depression and what was the highest rate unemployment reached?
Unemployment increased to a peak of 25%
What was the name of the photographer known for documenting life in the Dust Bowl and Great Depression
Dorothea Lange
What effect did overproduction of goods and crops have on the economy?
It led to falling prices and business failures.
What were breadlines and soup kitchens, and why were they necessary?
They provided food for the unemployed and homeless.
What term describes the economic downturn in which businesses close, unemployment rises, and people struggle financially?
Depression or economic recession
Novelist known for portraying the discrimination and struggles faced by African American during the Great Depression
Richard Wright