Stock Market Great Depression, and Start of WWII Recap

What helped cause the stock market crash of 1929?

• Speculation and buying on margin

• Government Spending

• Exports

What TWO things contributed to farmers downfall?

• underproduction and high prices

• overproduction and dust bowl/drought

• farm ban and government selling farms

What led to the failure of the banking system in the 1930s?

• An uptick in crime and bank robberies

• Farm overproduction

• Customers lost money with Stock Market Crash and couldn’t pay back loans.

What was a major cause of the stock market crash?

• Stock prices went up so fast investors couldn't keep up

• People decided to invest their money in stock markets in Europe.

• Stock prices fell, investors panicked and sold, which led to more panic.

How did President Hoover’s actions affect the Great Depression?

• He got Americans out of the great depression with his New Deal Programs

• His tariffs and actions to keep prices high hurt companies and industries

• His increased income tax helped bolster the economy

How did President Franklin Roosevelt's actions affect the Great Depression?

• He got Americans out of the great depression with his New Deal Programs

• His tariffs and actions to keep prices high hurt companies and industries

• His increased income tax helped bolster the economy

What period of time was the Great Depression?

• 1910's

• 1920's

• 1930's

• 1940's

How did WWII Impact the Great Depression?

• It helped bring us out of the Great Depression

• It made the Great Depression effects worse in the US

• It had no effect either way

What is one way the federal government affected WWII and our economy?

• Forced people to work in factories

• Forced women to work as soldiers

• Shifted factories to create war supplies

Why was the end of the war especially tough for working class women?

• They earned higher wages during the war and when men returned they had to go back to low wage jobs

• They were less likely to have a husband to help bring in enough money to pay the bills

• They were uneducated and couldn't get the jobs that paid better so they had to be maids.