Great Depression

Question 1

1929

Answer 1

stock market crash

Question 2

stock market crash

Answer 2

not a cause, a symptom

Question 3

causes of great depression

Answer 3

lack of diversification in economy (only auto and construction)
high american tariffs (euro has trouble selling goods in US, $ for loans)
maldistribution of purchasing power (weakness in consumer demand)
crisis in farm sector (low crop prices)
monetary problems (federal reserve tightened money supply causing deflation)
bank failures (small banks in trouble b/c of defaulted loans, big banks b/c of investments)
stock market crash of 1929 (speculation and buying on margin)

Question 4

black tuesday

Answer 4

october 29th, 1929

actual problems start that thursday

Question 5

speculative bubble

Answer 5

speculation that the market would continue to grow or at least plateau where it was, and the price of he stock has no real value b/c there were no corrolations btwn the stock price and the actual company’s profit

Question 6

buying on margin

Answer 6

buying a stock on credit

the stock pays for itself

Question 7

by 1933

Answer 7

6000 banks closed, if you didnt pull $ it was gone
9 mil ppl lost their savings account
GNP fell from $104 bio to $59 bio
85000 business had gone bankrupt
unemployment had risen to 25%

Question 8

hoovervilles

Answer 8

shacks built in parks by ppl kicked out of apartments

attack on hoover

Question 9

divorce and marriage

Answer 9

both decline

Question 10

womens work

Answer 10

increased, taking AA jobs

Question 11

male breadwinner role

Answer 11

chalenged

Question 12

birth control

Answer 12

legalized

Question 13

school attendance

Answer 13

increased because kids cant get jobs

Question 14

suicide rate

Answer 14

climbed 30%

Question 15

AAs

Answer 15

nothings changed
lots of segregation 
already were in a depression
not equal dist. of reliefs
anonymous letters to FDR

Question 16

Mex Am.s

Answer 16

farmers lands were taken
work to work
labor strikes
discrimination when applying for jobs

Question 17

Music and Art

Answer 17

spoke of intense conflict and discrimination
inequality
all men in breadlines
no help from gov.t

Question 18

farmers

Answer 18

pushed off their land
farmers union
moved out west
revolting
grapes of wrath
DUST BOWL

Question 19

arts

Answer 19

reflected gritty realities and provided escape
people triumphing over entrenches interests
color movies

Question 20

Cesar Chaves

Answer 20

migrant farmer union

influenced 1968 elections

Question 21

scottsboro case

Answer 21

9 black men convicted of rape
not at all involved
rampant racism

Question 22

hoovers response

Answer 22

american individualism
govt should encourage and faciliate cooperation btwn competing groups and interests in society
against federal welfare

Question 23

1930

Answer 23

democrats gain seats in midterm elections

hoover loses support

Question 24

reconstruction finance corporation

Answer 24

1932
hoover
$2 bil for large businesses 
trickle down economics
criticized bc not direct relief

Question 25

hoover dam

Answer 25

public work project

Question 26

revenue act

Answer 26

hoover
raised taxes
really unpopular

Question 27

veterans

Answer 27

fight for a bonus

Question 28

bonus epeditionary force

Answer 28

1932
largest march on washington 
at 1st no action then congress doesnt pass the bonus 
demands they leave
orders troops against them

Question 29

election of 1932

Answer 29

FDR vs Hoover

Question 30

FDR

Answer 30

democrat

promises new deal (relief recovery reform)

Question 31

Hoover

Answer 31

republican