#1

Question 0

What caused the stock market crash?

Answer 0

Weakness of the New Era economy

Question 1

What marks the beginning of the depression?

Answer 1

Stock market crash

Question 2

What was the most damaging economic aspect?

Answer 2

unequal distribution of wealth

Question 3

What are oligopolies?

Answer 3

The people that owned everything

Question 4

What did oligopolies do?

Answer 4

They kept prices artificially high and rigid

Question 5

What furthered the problem?

Answer 5

• weaknesses in industries
• poor management
• regulation of banks

Question 6

What contributed to the crash?

Answer 6

International economic difficulties

Question 7

What occurred by 1930?

Answer 7

industrial production plummeted

Question 8

What occurred by 1932?

Answer 8

• 1/4 labor force was unemployed

- personal income drop by over 1/2 between 1929 - 1932

Question 9

Who was hit the hardest when the depression spread?

Answer 9

Farmers

Question 10

What fell between 1929-1932? (%)

Answer 10

Commodity prices fell 55%

Question 11

Where were urban families moved to?

Answer 11

Hoovervilles

Question 12

What are Hoovervilles?

Answer 12

Shanty towns

Question 13

Why were woman less likely to be fired?

Answer 13

Had lower paying jobs

Question 14

Did married woman, have a job?

Answer 14

No

Question 15

How did men displace woman?

Answer 15

Teachers
social workers
Librarians

Question 16

What two biggest rates fell for families in depression?

Answer 16

Divorce and birthrates fell

Question 17

What happened when husbands and fathers were fired?

Answer 17

Often humiliated and despondent

Question 18

How did woman’s responsibilities grow?

Answer 18

• Became wage earners
• expanded household duties to lower expenses and raise money
• children went hungry, stayed home from school and gave up future plans

Question 19

As hopes faded what increased?

Answer 19

Family conflicts