Chapter 11 Short Answer/Extended Response

Question 1

Identify the six main causes of the Great Depression. (6 points)

Answer 1

-Low income rates
-Overproduction
-Uneven distribution of wealth
-High tariffs
-Falling demand
-Stock market speculation

Question 2

Discuss the two ways that banks were hurt by the Stock Market Crash. (2 Points)

Answer 2

-Bank had lent billions to speculators who couldn’t pay their loans
-Banks had invested deposit in the stock market

Question 3

Discuss the specific forms of entertainment that people turned to during the Great Depression. (5 Points)

Answer 3

-People enjoyed the Marx Brothers
-Snow White and the 7 Dwarfs- 1st annimated film
-The Wizard of Oz and Gone with the -Wind were produced
-John Steinbeck- famous writer
-Life Magazine started
-Grant Wood famous artist

Question 4

Describe what happened in regards to the Bonus Marchers. (5 Points)

Answer 4

-Group of 15,000 WW1 veterans who marched to Washington DC
-Promised $1,000 bonus for their service to be paid in 1945
-Bill was introduced that would pay them early- did not pass
-Hoover order veterans to leave, police fired into crowd, some were killed and soldiers with tanks were brought in to make vets leave
-Became black eye on Hoovers presidency