Economic Developments: Impact of the Great Depression on Industry

Question 1

How much did Ford production fall by in 1929?

Answer 1

30%

Question 2

In what year did Iron and Steel production fall by 40% in the 1930s?

Answer 2

1930

Question 3

How much money did Hoover give to big businesses in 1932 to try and help them?

Answer 3

$500 million

Question 4

What was the RFC?

Answer 4

Reconstruction Finance Corporation

Question 5

What year was the Reconstruction Finance Corporation made?

Answer 5

1932

Question 6

What did the Reconstruction Finance Corporation try to save? How much money did it use to do this?

Answer 6

Tried to save banks. It gave $2 billion to help this

Question 7

Name an industry not badly impacted by the Great Depression

Answer 7

Highway construction

Question 8

How many miles of roads did the Public Works Administration create?

Answer 8

50,000 miles of roads

Question 9

How much money did the Home Loan Act of 1932 give to try and stimulate housebuilding?

Answer 9

$12 million

Question 10

Since what year had construction been in a recession?

Answer 10

1928

Question 11

What event realistically helped US industries to get out of the Great Depression?

Answer 11

WWII

Question 12

How many military aircraft had the USA been told to produce by the end of 1939?

Answer 12

11,000 military aircraft