Great Depression Review. What were the signs the Depression was around the corner? Industry wasn’t as strong Failing famers Rising prices of goods Credit.

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Presentation transcript:

Great Depression Review

What were the signs the Depression was around the corner? Industry wasn’t as strong Failing famers Rising prices of goods Credit Crash Uneven distribution of income

What made the Great Depression even worse? Run on the banks Government Laissez Faire policy Businesses failing Unemployment

Black Tuesday 3 Clues Known by many as the start of the Great Depression October 29, 1929 Millions of Americans lost everything overnight

Dow Jones Industrial Average 2 Clues Is a measurement of the stock market’s health  Thermometer of the stock market It is still used today

Great Depression 1 Clue Period from 1929 to around 1940 in which the economy of the US (and almost every country in the world) plummeted

Run on the Banks 2 Clues Made the Great Depression even worse People withdrew their money from banks across the nation

Hawley-Smoot Tariff Act, Clue This was supposed to protect American farmers and industry from foreign competition, instead did the opposite

President Herbert Hoover 4 Clues President at the time of the start of the Great Depression Republican who believed in Laissez Faire Economics The economy became worse Ordered the Bonus Army to leave Washington, DC

Shantytown/Hooverville 1 Clue Little towns consisting of makeshift shacks which sprang up very quickly

Soup Kitchen 1 Clue Offered free or low cost meals

Bread Line 1 Clue Long lines of people waiting to get food provided by charitable organizations

Dust Bowl 3 Clues Early 1930s, a great drought hit the Great Plains of the US Caused the soil to turn to dust which was picked up by the wind, causing tsunamis of dust blowing on everything in its path Hundreds of thousands of people living on the Great Plains left

Boulder (Hoover) Dam 5 Clues Public works project set up during Hoover’s presidency in the American Southwest Provided flood control for the Colorado River Created a lot of electricity for the American southwest Created Lake Meade Helped bring water all over California

Bonus Army 3 Clues Comprised of WWI veterans and their families Between 10 and 20 thousand of them descended on Washington Went to DC to support a bill in Congress which would have given them their WWI bonuses early

What did Hoover do to the Bonus Army? He sent in troops to squash their protest of the failure to pass the WWI bonus bill

Welfare 1 Clue Direct help (usually money) a government gives to its people