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Chapter 14 Section 1-3 Flashcards | StudBud

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Why did banks lose their money during the Stock Market Crash?

What did Hoover believe that caused him to not quickly react to the Great Depression?

Chapter 14 Section 1-3

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Answers

1
What did Hoover believe that caused him to not quickly react to the Great Depression?
The peoples own fault and he doesn't need to be involved whatsoever
Believed that he was not important, so should not be involved
People should care for themselves, shouldn't need to depend on Government
He was on vacation
2
Why did banks lose their money during the Stock Market Crash?
People had withdrawn too much money at once
People kept money at home
Banks had invested in stocks
The Dust Bowl
3
Was the dust bowl caused by over farming?
True
False
4
What state was a major stop for people emigrating out of the dust bowl
Oklahoma
Colorado
Hawaii
California
5
Which of the following presidents tried to save america from the great depression?
Herbert Hoover
Franklin D Roosevelt
Jimmy Carter
Harry S. Truman
6
Which one of these is NOT a cause of the stock market crash and the great depression?
People buying on credit
President Hoover lets the economy get out of control
Banks did not have the money to give out to the people selling their stocks
Farmers had an excess of farming land
7
What did Hoover specifically call the Bonus Army?
Annoying and worthless
Hard earning workers
Good People
Communists and Criminals
8
What were the one of main causes of the Great Depression?
Conflict within the US
Stock Market Crash
Dust Bowl
Easy Credit
9
Which year did the stock market crash, starting the great depression?
2008
1912
1929
1933
10
What type of people typically waited in Bread Lines?
working women
whole families
Children
unemployed men