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Causes of the Great Depression Flashcards | StudBud
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Causes of the Great Depression
Causes of the Great Depression
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1
Banks selling foreclosed property, neighbors would bid cheap on the equipment and give it back
Dust Bowl
Penny Auctions
Buying on margin
Great Crash
2
Government decided to end prohibition during the Great Depression because they felt
People deserved to at least have a drink
Alcohol tax would fix the economy
It would cut down on crime
They couldn't afford to fight it anymore
3
Most Americans felt during the Great Depression when many could not provide for their families
Worthless
Lucky
Speculation
Unaffected
4
Which is not true about the Great Depression
Mental hospital admissions increased greatly
there were long term poor health effects
Suicide rate went up 30%
Many people created their own businesses & had success
5
Hoover reacted how to the protest in DC of former soldiers
Ignored them
invited them to dinner & provided food
Gave in to their demands
Sent the army in and violence broke out
6
The collapse of the stock market affected
Only big businesses
Every level of society
Only the poor
Only investors
7
Weekday where the stock market crashed, stocks dropped in value & $36 billion was lost
Black Tuesday
Great Crash
Great Depression
Black Friday
8
During the Depression as Americans lost their homes they started to live in shack towns called
Hoovervilles
Bonus Army
Dust Bowl
Penny Auctions
9
How did the way Hoover handled veterans protesting make him look
He lost any support he had left, he was done as President
He became reelected
People related to him more
It won him more support
10
FDR's plan to end the Great Depression, said Americans deserved this
Bonus Army
New Deal
Great Crash
Penny Auctions
11
Most Americans felt this way about Hoover
He created a bunch of relief programs
He worked really hard to help them
He didn't care about them
He didn't know how to help them
12
Who is blamed when the economy does bad
Ceo's
Workers
Immigrants
President & gov't
13
WWI Veterans who were promised payment that protested in Washington DC
Bonus Army
Hooverville army
Veterans Army
DC Army
14
FDR believed this about the gov't role in ending the Depression
Americans were lazy
They had a responsibility to help
There was no depression
The gov't should not fix people's problems
15
Hoover believed this about the governments role in ending the Depression
The Gov't should be responsible and had to help people
The gov't should not fix people's problems
There was no Depression, it was people's own fault
Americans were lazy
16
Caused by severe drought & farming techniques that stripped nutrients from the soil
Dust Bowl
Hoovervilles
Penny Auctions
Welfare Capitalism
17
The image below is most likely related to
Dust bowl
Hooverville
Bonus Army
Black Tuesday
18
In the example with Bane, how did people survive the prison & life in the Great Depression
Possessions
Savings
Welfare
Hope
19
FDR's plan to end the Great Depression
Bread Lines
Dust Bowl
3 R's
Bonus Army
20
When the Stock market fell on that day & stock prices plummeted it was referred to as the
Great Depression
Black Tuesday
Great Crash
Hoover Day
21
Environmental issue that caused many farmers to lose their homes and made life difficult
Great Crash
Dust Bowl
Hooverville
Penny Auctions
22
Which was not one of the 3 R's
Reform
Recovery
Relief
Restart
23
Most people viewed FDR’s attitude towards the average American as
He didn't care about them
He was not going to change gov't role
He was unaware of their struggles
He wanted to help them
24
In the Depression Americans pulled together to get through, which event was not like that
Boston Bombing
Hurricane Sandy
Baltimore Riots
9/11
25
Most severe economic downturn in the countries history, affected the whole world
Great Depression
Black Tuesday
Great Crash
Prohibition