EOC US Hist. Great Depression Review

HOME What industry was in trouble during the 20’s when everybody else was doing well? What industry was in trouble during the 20’s when everybody else was doing well? AGRICULTURAL INDUSTRY AGRICULTURAL INDUSTRY

HOME Which tariff was passed that significantly reduced foreign trade? Which tariff was passed that significantly reduced foreign trade? Haley-Smoot Haley-Smoot

HOME Why did farmers have a surplus of goods in the 20’s? Why did farmers have a surplus of goods in the 20’s? Overproduced for soldiers during WWI Overproduced for soldiers during WWI

HOME What cause of the Great Depression made prices drop? What cause of the Great Depression made prices drop? Overproduction Overproduction

HOME What is one cause of the stock market crash? What is one cause of the stock market crash? Buying stocks on the Margin or Over-Speculation of stocks Buying stocks on the Margin or Over-Speculation of stocks

HOME He is the President who is blamed for the Great Depression. He is the President who is blamed for the Great Depression. Hoover Hoover

HOME He is the President given credit for ending the Great Depression. He is the President given credit for ending the Great Depression. FDR- Franklin D. Roosevelt FDR- Franklin D. Roosevelt

HOME What were the shelters built by homeless people called? What were the shelters built by homeless people called? Hoovervilles Hoovervilles

HOME What was the group of WWI veterans called who protested in the capital for more money? What was the group of WWI veterans called who protested in the capital for more money? Bonus Army Bonus Army

HOME How did Roosevelt’s programs help Farmers? How did Roosevelt’s programs help Farmers? Paid them not to grow (AAA) Paid them not to grow (AAA)

HOME What did FDR’s New Deal programs lead to? What did FDR’s New Deal programs lead to? People looking to the government to solve their problems= More power to the government People looking to the government to solve their problems= More power to the government

HOME What groups did the New Deal support and legalize? What groups did the New Deal support and legalize? Labor Unions Labor Unions

HOME Why did many New Deal programs fail at first? Why did many New Deal programs fail at first? Weren’t funded well enough Weren’t funded well enough

HOME Which New Deal program was the most effective because it employed so many people? (ex: artists) Which New Deal program was the most effective because it employed so many people? (ex: artists) WPA= Works Progress Administration WPA= Works Progress Administration

HOME At the height of the Great Depression, how many people were unemployed in the U.S.? At the height of the Great Depression, how many people were unemployed in the U.S.? 25% or 15 million 25% or 15 million

HOME What happened throughout the country to cause banks to close and people to lose all their savings? What happened throughout the country to cause banks to close and people to lose all their savings? Bank Runs Bank Runs

HOME Why did people use humor during the Great Depression? Why did people use humor during the Great Depression? To escape their reality (escapism) To escape their reality (escapism)

HOME When the Dust Bowl hit the Great Plains, where did many people escape to ? When the Dust Bowl hit the Great Plains, where did many people escape to ? West (California) West (California)

HOME Why did people still go to the movies during the Great Depression? Why did people still go to the movies during the Great Depression? To escape their reality (escapism) To escape their reality (escapism)

HOME What year did the Great Depression start? What year did the Great Depression start?

HOME Overproduction was a major cause of the Great Depression. What effect did over production have on prices? Overproduction was a major cause of the Great Depression. What effect did over production have on prices? Dropped Dropped

HOME Why did the Dust Bowl happen? Why did the Dust Bowl happen? Drought and over farming Drought and over farming

HOME Due to the hardships of the Great Depression, how did people begin to view the government? Due to the hardships of the Great Depression, how did people begin to view the government? As a crutch to lean on As a crutch to lean on

Final Question What economic philosophy, used by many presidents in the past, would no longer be used after the Great Depression? What economic philosophy, used by many presidents in the past, would no longer be used after the Great Depression?

Answer Laissez-Faire Laissez-Faire