Great Depression Study Guide Flashcards

1
Q

Hoovervile

A

AKA Shantytowns.People named poor places after Hoover. Usually run down area w/ a poor pop.

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2
Q

Bonus Army

A

WWI vets. who were promised a bonus in 1945. Vets. wanted their payment now(1932). Vets. went to washington and camped out

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3
Q

Dust Bowl

A

name given to south, great pains were severely damaged by droughts and dust storms during the 1930s. Caused by drought and new tech.

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4
Q

Stock market

A

where stocks were sold to gain money. black thursday was when the stocks plummetted.

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5
Q

Gone w/ the Wind

A

1939 drama depicting the civil war & destruction of the south

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6
Q

Black Tuesday

A

stocks lost 10-15bil

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7
Q

Hobo

A

people who looked for jobs traveling the rails

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8
Q

how did buying on credit lead to the Great Depression

A

people couldn’t pay off their credit, since they were spending more than they had to spend

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9
Q

which farming practices in the 1920s helped to cause the great depression

A

farmers overproduced their goods and overplowed

check this one

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10
Q

where di many farmers, including the Okies, head for a better life?

A

Moved to CA in search of jobs.

Okies and ‘Arkies’ weren’t welcomed in the west

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11
Q

What happened to banks that couldn’t meet the customers’ demands for money?

A

banks would fail and close and lose money.
-People were on defult loans( can’t pay back)
-Banks couldn’t cover their deposits b/c it was lent out to bad creditors
people lose their life savings b/c of this

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12
Q

WHy did Steinbeck write “Grapes of Wrath”

A

protray a damily of okies escaping the dust bowl and effects of the depression, who were mistreated and negleected.
Spread the word of a common, untold story

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13
Q

what happened to customers’ savings when banks went broke in the 1920s

A

people lost all of their money, life savings

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14
Q

how did radio and movies help people get through the great depression

A

entertainment provided a temp “get away”, or safe haven from the effects of the depression. Jobs, if they could find them

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15
Q

Describe Hoover’s “trickle down” economic policy

A
  • asked businesses not to cut wages or production
  • wanted city and state gov. to fund building projects
  • set up Farm Board to lend money to farmers to form co-ops and sell crops as a group
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16
Q

how did people survive

A

entertainment, staying together as a fam, jobs if they were available, escapism

17
Q

why did the stock market crash

A

buying on margin: Buying stock by paying small portion of what the stock is worth

18
Q

how did the stock market crash, dust bowl, and farm overproduction work together to cause the great depression

A

stock market-people lost all of their money,life savings, putting many in poverty
dust bowl- destroyed crops and forced people to move west for jobs, causing many to lack food, money, and housing
farm overproduction- farmers began to be laid off, workers couldn’t buy goods, farmers couldn’t survive off of low prices

19
Q

what effect did the great depression have on immigration

A

immigration slowed to a halt

20
Q

what effect did the Great Depresssion have on civil rights of minorites?

A

further suppressed minorities as they were the first to be laid off of their jobs so their positions could be given to whites