Great Depression pt 1

Hoover asked businesses not to ___________________ workers in exchange for building projects.

What caused stock prices to fall so drastically?

This raised taxes on imports in order to save American businesses.

The group of WWI veterans who marched to Washington to ask for their bonus in advance.

Who was the president when the Great Depression began?

This encouraged home construction and reduced foreclosures.

What did Herbert Hoover suggest the American people do to defeat the Great Depression?

The benefit of a cooperative is that they raise material prices and lower product prices.

As a result of the stock market crash, some banks suffered more losses than they could withstand and eventually

Who won the presidential election of 1932?

When investors bought stock assuming it would profit is

Farmers had to desert their farms and find work elsewhere during the ____________.

John Steinbeck's The Grapes of Wrath showed the problems of whom?

Men who hopped trains from town to town begging for money/job were called

Buying on margin was a method of buying stocks

Which two groups did not prosper in the Roaring 20s?

When did Black Tuesday occur?

During the Great Depression, unemployment hit a high of

What is the value of all goods and services produced in the nation called?

The stock market crashed in what year?

This is when the government and private businesses voluntarily form partnerships to build/produce/manufacture things.

What was the name given to shantytowns built on the outskirts of cities?

What caused farms to either go bankrupt or be foreclosed upon?

Choose the group that was not heavily affected by the Depression.

When banks were rumored to be failing, people would quickly go to their bank to withdraw their money at one time.

The stock market crash was the only cause of the Great Depression.

The Reconstruction Finance Corp. gave billions in aid to whom?

Which one was a cause of the Dust Bowl?

What are Okies?