1930s The Great Depression

What were the 7 major causes if the Great Depression? - 1. Stock Market Crash 2. Bank Failures 3. Hawley Smoot Tariff 4. Buying on Credit in the 20s 5. Dust Bowl 6. Gap Between Rich and Poor 7. Reduction in Purchasing - over production and under consumption What were 3 effects of the Great Depression? - 1.Unemployment 2. Homelessness 3. Children had Poor Diets 4. People lost their life savings 5. Hobos During the Great Depression, prior to the creation of the FDIC, when banks collapsed, what was the impact on people? - The people lost all their life savings that collapsed in the banks. Shantytowns were named after which president, what were they called and why? - They were called Hoovervilles because the American people blamed President Hoover for the Great Depression. What was the first major action Roosevelt took as president? - President Roosevelt called a Bank Holiday FDR's programs to help ease the effects of the Great Depression as a collection were called what? - The New Deal What were the causes and effects of the Dust Bowl? - 1. Drought 2. Overproduction of crops 3. High Winds 4. Loss of Prairie Grasses due to over plowing Dustbowl Refugees were given what name, and where did they move to? - The refugees were called Okies and moved to California. What was Hoover's view on how the federal government should aid Americans? - The government can't fix an economic depression by legislation or executive order. What is Direct Relief? - Money or food given directly from the government. What was the first feature length animated film? - Snow White and the Seven Dwarfs What is a hobo? - Homeless Americans who wandered around hitching rides on railroads cars, searched for work and a better life. Places where unemployed and homeless people could go to receive a free meal? - Soup Kitchens WWI Veterans who marched on Washington hoping to receive their bonus checks early were known as what? - Bonus Army During the Great Depression, the overall unemployment rate was at what percent? - 25% What was the first thing Roosevelt did when he came to office? - Restored confidence (trust) in the banks. FDR spoke directly to the American people to let them know what he was trying to accomplish. These speeches were known as what? - Fireside Chats