Effects Of The Wall Street Crash Flashcards
1
Q
Who suffered the most
A
Industrial workers and black Americans and farmers
2
Q
What were Hoovervilles?
A
Unplanned camps on the edge of towns and cities
Where the homeless took refuge
3
Q
How much was the average industrial wage cut by?
A
20%
4
Q
What did the banks do if he didn’t collapse?
A
Repossess homes and farms
5
Q
In 1933 how many companies had went bankrupt?
A
100,000
