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10 Cards in this Set

  • Front
  • Back

Major cause of great depression?

the stock market crash of 1929


Bank closings

3 effects of the Great Crash?

bank closings


investors lose millions


workers are laid off

Why the stock market crashed in 1929?

everyone tried to sell their stocks at once because they heard that the stocks might crash.

Ways that people survived the Great Depression?

Sticking Together (farmers)


Penny Auctions


Riding the Rails



Roosevelt or Hoover? Why?

ROOSEVELT:


~Hoover didn't do enough to help out during his term in the GD


~Roosevelt tries to create more jobs, get rid of hoovervilles, and tries to stabilize the economy

Describe a Hooverville.

~many small shacks made out of water they could find or afford,


~very close together,


~ranging in population from hundreds to thousands,


~normally right on the edge of cities


~by water ways if possible,


~gardens were planted for food

Who, What, Where, When, Why did the dustbowl happen?

~tens of thousands had to leave their homes


~western states


~severe drought and over worked land


~1930's


WHAT

What did FDR mean by "the only thing we have to fear is fear itself"?

That we shouldn't be afraid in this time because what we are missing are just things and that if we work together we will be find without having these things.

4 Main Goals for the New Deal

~Economic Recovery


~Civic Uplift


~Decrease the Unemployment Rate


~Public Work

3 Programs from the New Deal?

NRA: Government and businesses work together to set fair practices and wages.


AAA: Farmers are paid not to kill off excess livestock and not to plant on part of their land


CCC: Employed the unemployed men to fix up roads, plant trees and improving parks.