Great depression stuvia - Study guides, Class notes & Summaries

In the United States, the beginning of the great depression is often seen as starting on September 4th, 1930 known as _____ Tuesday. - ANSWER-Black The name for a collection of huts and shacks, as at the edge of a city, housing the unemployed - ANSWER-Hoovervile In economics, this is known as a general downturn in the overall economy - ANSWER-Recession many _____ had also invested large portions of their client's savings in the stock market, and once it crashed, they were forced to clo...

Black Tuesday - ANSWER-In October 1929, this is the day the stock market crashed, signaling the start of the Great Depression Great Depression - ANSWER-In the 1930s, this was a period of low general economic activity marked especially by rising levels of unemployment. New Deal - ANSWER-A plan by President Franklin Roosevelt to help the economy recover during the Great Depression. stock market - ANSWER-A system for buying and selling shares of companies stock market crash - ANSWER-(Oc...

During the Great Depression , unemployment reached___ percent. - ANSWER-25% Which of the following groups did NOT respond with aid during the years of the Depression? - ANSWER-The American Red Cross Hoovervilles were.. - ANSWER-slums Which of the following was not a source of entertainment during the 1930's ? - ANSWER-television which statement does NOT correctly describe the Bonus Army ? - ANSWER-They were supported by Herbert Hoover and Genera Mac Arthur Racism and discriminati...

What were the 7 major causes if the Great Depression? -ANSWER 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? -ANSWER 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, wh...

How did FDR try to move Americans out of their isolationism? - ANSWER-He insisted that they had a role to play in world affairs. Which programs illustrate Hoover's desire to have industries help themselves? - ANSWER-the Federal Farm Board and the National Credit Corporation What is inflation? - ANSWER-when a nation prints money just to put it in circulation, and that money loses value What were Americans most worried about by 1932? - ANSWER-The government was powerless and society coul...

Great Depression -ANSWER (1929-1939) The dramatic decline in the world's economy due to the United State's stock market crash of 1929, the overproduction of goods from World War I, and decline in the need for raw materials from non industrialized nations. Results in millions of people losing their jobs as banks and businesses closed around the world. Many people were reduced to homelessness, and had to rely on government sponsored soup kitchens to eat. World trade also declined as many countri...

Which group experienced an early depression in the 1920s? - ANSWER-farmers During the 1920s, the United States economy moved through which phase of the business cycle? - ANSWER-expansion In 1929, the stock market crashed because - ANSWER-investors lost confidence in the market and rushed to sell their shares Which factor contributed to the spread of the Great Depression overseas? - ANSWER-The United States curtailed investment in Europe What does this photograph show? - ANSWER-the Du...

What activity did electric appliances and other goods marketed in the 1920s fuel? - ANSWER-consumerism President Coolidge's decision to reduce federal regulation of business was an attempt to reverse what trend? - ANSWER-Progressivism How did stock speculation endanger the economy? - ANSWER-It made companies seem like they were more valuable than they really were. What is inflation? - ANSWER-when a nation prints money just to put it in circulation, and that money loses value How did...

What years did the Great Depression occur? -ANSWER 1929-1939 Explain what was occurring related to consumer spending and stock prices in the summer of 1929? -ANSWER consumer spending and investment dropped, unsold goods piled up, lost jobs and stock prices rose What happened after the stock market crashed? -ANSWER No one had confidence, factories and businesses slowed production, company's fired workers, wages dropped What helped to spread the economic crisis of the Great Depression to...

Great Depression -ANSWER A severe, world wide economic crisis which lasted from the end of 1929 to the outbreak of World War II. installment plan -ANSWER A payment plan that allows customers to make payments at set intervals over a period of time until the total debt is paid credit -ANSWER An arrangement to receive cash, goods, or services now and pay for them in the future. investors -ANSWER Groups of individuals who invest their money in various types of companies in search of making ...