America 1930 / 40s : The great depression Flashcards
How many farmers were evicted ?
1 in 20
During the depression what did farm income fall to ?
$13 billion to $5 billion
What did over farmed land turn into ?
dustbowls
How much did industrial and farm production fall by ?
40%
How much did wages fall by ?
60%
How many people were made unemployed daily ?
12,000
In 1932 how many people were unemployed in the steel centre of Cleveland ?
50%
How many people died of starvation in 1932?
45
Why did banks go bankrupt ?
They had lost peoples money by buying shares
How many banks closed in the depression ?
10,000
When was the Wall Street Crash ?
1929
What did Hoover’s nickname become ?
“the do nothing president”
What did General MacArthur do to the veterans in the bonus march ?
Threw tier gas, burned marchers camps - Claimed they were communists
Why was FDR becoming popular ?
confident, proven that he takes action
What was the saying that made Hoover unpopular ?
“In Hoover we trusted and now we are busted!”
