Great Depression Flashcards
0
Q
How were lives affected?
A
- ) large numbers of banks and businesses closed
- ) 1/4 of people were without jobs
- ) large numbers of people were hungry and homeless
- ) farmers incomes dropped to low levels
1
Q
Causes of the Great Depression?
A
- ) over speculation of stocks, using borrowed money that they could not repay when stock prices crashed
- ) the federal reserve failed to prevent the collapse of the banking system
- ) high tariffs discouraged international trade
2
Q
Major features of the new deal?
A
- social security
- federal work programs
- environmental improvement programs
- farm assistance programs
- increased labor rights
