1. The 1920’s – What were the 1920’s known as? – What was life like for Americans?

2. How did Smoot Hawley affect world trade?

3. Explain 4 causes of the Great Depression:

4. The fact that the majority of Americans had little money to spend because most of the money was concentrated in the hands of a select few wealthy Americans is an example of:

5. When a bank takes over a house because the tenants can’t pay the mortgage.

6. If stock prices are going up.

7. Purchasing a stock with borrowed money.

8. When stock prices are going down.

9. Buying a stock for a short period of time and reselling it to make a quick profit.

10. Why is stock speculation a problem? What is the problem with margin buying?

11. The practice of sending someone back to the country they came from.

12. A time of reduced economic activity along with massive unemployment.

13. What day and year did the stock market crash?

14. How high did the unemployment rate in the U.S. get during the Depression?

15. What is the problem with stock speculation?

16. What is the problem with margin buying?

17. Why did the stock market crash cause banks to fail?

18. How did farmers try to stabilize the price of their goods when prices started falling?

19. What happened to Mexican farm workers living in the U.S. during the Depression?

20. Give me an example of escapism

21. How did the depression effect marriage, birth, and suicide rates?

22. In your own words: Penny Auction

23. What did the Reconstruction Finance Corporation do?

24. 3 reasons Hoover opposed direct federal aid:

25. Hoover’s idea that success comes from hard individual work and private businesses was know as:

26. Bonus Army – Who – Why were they there – What did they want – What happened – How did this affect Hoovers bid for re-election

27. Who beat Hoover in the presidential election of 1932? What disease did he suffer from?

28. Many unemployed people received food from _______________________ during the depression.

29. Who usually ran the things mentioned in the previous question?

30. Who were the 1 st people to be laid off when businesses began closing?

31. 5 ways: How does Hoover attempt to fix the economic problems of the depression?

32. How did the Federal Farm Board help farmers?