Great Depression

Explain the Stock Market Crash.

• People purchased stocks with credit, got scared and sold their stocks. There was no money to pay people their money
• People purchased stock
• People threw their money away

 Define The Great Depression

• Loan given to help you buy items you normally cannot buy on your own.
• homeless person who travels looking for work.
• The time in American history when the U.S. was at it's lowest point.

Define Black Tuesday

• Group of government programs created to try and end the Great Depression.
• October 29, 1929 when the stock market crashed. It was the official start of the Great Depression
• Minimal improvement in economy. FDR urged congress to pass additional programs.

Which of the following would MOST contribute to people living beyond their means?

• Credit
• Rich People
• Goverment
• The Stock Market

What caused millions to lose their family wealth during The Depression?

• Bank closures
• Foreclosures on their farms and homes
• Stockmarket
• All of the above

Ownership in shares of a company or corporation

• CEO
• Insurance
• Stocks

Unemployment is the number of people without.....

• money

• children

• jobs

• food

Which event occurred on Black Tuesday?

• many factories closed

• many banks closed

• many people lost their homes

• the stock market crashed

What was the main reason for the emergence of “Hoovervilles” like the one shown in the photograph?

• Many Americans had lost jobs during the Great Depression.
• Thousands of homes had been destroyed by the effects of the Dust Bowl.
• Housing projects could not keep up with the demand for homes needed by the poor.
• Preparations for World War I had created a shortage of building materials.

During the 1930s, poor land management and severe drought conditions across parts of the Midwest resulted in the

• formation of the United States Department of Agriculture
• creation of wheat surpluses
• growth of the Populist movement
• development of Dust Bowl conditions on the Great Plains