Depression

Question 1

whats stock speculation

Answer 1

people buy and sell stocks to make a quick buck

Question 2

what cause a rise in stock price

Answer 2

the demand of them

Question 3

5,3

Question 4

whats black Tuesday

Answer 4

october 29,1929 (many people sold stocks)

Question 5

what happened to many people due to the market crash

Answer 5

lost everything

Question 6

what happened to other countries at this time

Answer 6

effected too because of ties to US and our production

Question 7

what happened to factories

Answer 7

cut employees, declared bankruptcy, unemployment

Question 8

what did president Hoover do about the depression

Answer 8

did not believe in govt help, asked charities to help out, soup kitchens

Question 9

what are hoovervilles

Answer 9

shanty towns built out of cardboard and scraps

Question 10

what are hooversteaks

Answer 10

rats and squirrels

Question 11

what are hooverblankets

Answer 11

newspaper

Question 12

what did public works do

Answer 12

build schools, dams, pave highways, (Hoover dam)

Question 13

what did the reconstruction finance Corp do

Answer 13

loan money to RR, banks, insurance companies

Question 14

what did veterans of WWI want

Answer 14

bonus

Question 15

what did Hoover do that caused him to completely lose his support

Answer 15

declared army to clear previous veterans with forceq

Question 16

who wins the election of 1932

Answer 16

FDR

Question 17

what did FDR promise

Answer 17

a “New Deal”

Question 18

how do people determine who is a good president

Answer 18

what they get done in 100 days (created by FDR)

Question 19

who is frances perkins

Answer 19

sec of labor, 1st woman cabinet member

Question 20

what are the 3 R’s

Answer 20

relief, recovery, reform

Question 21

whats relief

Answer 21

to help the unemployed and needy

Question 22

whats recovery

Answer 22

of business and agriculture

Question 23

whats reform

Answer 23

change the way business does business and prevent another depression

Question 24

whats the brain trust

Answer 24

group of economic advisors from all the best and brightest schools

Question 25

whats the black cabinet

Answer 25

unofficial advisors on race relations and how the depression is affecting them

Question 26

how did FDR spread his words across the country

Answer 26

radio, fireside chats

Question 27

what did the fireside chats do during the depression

Answer 27

spread the situation of the country very clearly over radio, convinced everyone to return money to banks