What were the 7 major causes if the Great Depression? - Answers 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? - Answers 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? - Answers The people lost all their life savings that collapsed in the banks.
Shantytowns were named after which president, what were they called and why? - Answers 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? - Answers President Roosevelt called a
Bank Holiday
FDR's programs to help ease the effects of the Great Depression as a collection were called what? -
Answers The New Deal
What were the causes and effects of the Dust Bowl? - Answers 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? - Answers The refugees were
called Okies and moved to California.