Consequences/Effects of Depression Flashcards
How many banks went out of business?
5,000
How many people were unemployed?
13 million
When American people lost their houses, where did they live?
Hoovervilles
What did people join when they became so poor they couldn’t afford food?
Breadlines
What was the bonus army?
Ex-servicemen who became protesters against Hoover because he refused to pay their pensions
How did the depression become global?
America recalled its loan to European countries from WW1
How did farmers suffer severe consequences in the depression?
- Lost land
* Forced to leave land and find work
What did farmers become known as?
Hobos
What was meant by the term ‘dustbowl’?
Overproduction in the 1920’s meant no land was suitable from r growing crops or keeping animals