Great Depression & New Deal

What was Black Tuesday?

• A massive sale that companies held once a year

• The day the Dust Bowl hit

• The 1929 collapse of the Stock Market

• The total eclipse of 1929

What was the bank run?

• A 5k run sponsored by the big banks

• People wanting to give as much money as possible

• Banks running out of paper

• Americans withdrawing all of their money from the banks

Which of these factors contributed most to the Dust Bowl?

• Flash flooding and intense deforestation

• Prolonged drought and poor farming practices

• High winds and railroad construction

• Severe heat and rapid suburban development

What was one factor that led to the Great Depression?

•  government regulation of the stock market

• high wages 

•  increased tax rates for corporations

•  reckless investment in the stock market

Which area of the U.S. did the Dust Bowl affect the most?

• the South

• California

• the North

• the Great Plains

Why was much of the prosperity of the 1920s more superficial than real?

• Many people were living beyond their means (what they could afford).

• Many people were relocating from farms to the cities.

• Many people were becoming wealthier in the stock market.

• Many people were benefiting from increased jobs after the war.

After the Stock Market Crash of 1929, what did President Hoover recommend for Americans?

• Withdraw all of your money from the banks

• Take advantage of the stock "sale" and buy more

• Handle business as usual

• He Ignored it and didn't recommend anything

During the Great Depression, neighborhoods of shacks would be known as...

• Shantytowns

• Hoovervilles

• Ghettos

• Projects

Lines like the one shown above were partially the result of —

• growing demand for payment of military pensions

• a sudden increase in agricultural exports

• the passage of the Selective Service Act

• widespread business failures

Which action completes this cause-and-effect diagram?

• Banks lower interest rates

• Elected leaders lower tariff rates

• Companies lay off employees

• Labor unions demand higher wages