Wall Street Crash and the Great Depression Flashcards Preview

America 1919-1941 > Wall Street Crash and the Great Depression > Flashcards

Flashcards in Wall Street Crash and the Great Depression Deck (20):
0

When did the Wall Street crash begin?

1929 October 29 Black Tuesday

1

What was the Wall Street crash?

When share prices went very low and many Americans
lost lots of money.

2

What City is Wall Street in?

New York

3

Who was president during the Wall Street crash?

Herbert Hoover

4

Did Hoover help the stock market crash?

No but he tried his best. Hoover believed people had to care for themselves.

5

What is a Hooverville?

A shack for poor people.

6

Why were farmer's lives hard in the Great Depression?

Some crops went from 2.16 in 1919 to 0.38 in 1932.

7

What was the amount of unemployed people in America 1933?

Around 12 million!

8

About how much money had America lent the triple entente?

6 million

9

Name a movie based on a poor family suffering from the Great but Horrible Depression?

The grapes of wrath.

10

In the stock market crash did most rich people suffer?

Most did...

11

What does this mean? A hotel man would say this to a poor man wanting to stay ( are you a leaper or a sleeper?)

Will you jump out of the window since you don't have the money to feed your family or sleep.

12

In some cities could over 70% of the population be unemployed?

Yes. Some had over 80% of the population unemployed.

13

Did people actually kill themselves because they were so poor?

Some did...

14

Why was the Stock Market crash hard for the country to deal with?

Lots of people lost their money, jobs and homes

15

Why was the stock market crash so hard for Americans?

Half of the Americans owned stocks and some had bought many therefore they lost more money.

16

Could a rich man turn into a homeless man in one day during the crash?

Yes.

17

Name two reasons the Great Depression started?

Isolationism and the dust bowl.

18

What was the dust bowl?

An area of land in the US that became very dry and dusty after the droughts which meant no crops could be grown.

19

Did Roosevelt help stop the depression?

He helped but it was too much to stop the Depression.