Great Depression Flashcards
What was the Great Depression?
The Great Depression was a time where rich
people became poor, many banks closed, people
lost their homes and everything they owned.
What was the stock market?
The Stock Market is millions. of Americans buy stocks on speculation and the price of stocks were more than they were really worth.
Why did people invest in the stock market in the 1920’s?
People invested in the Stock Marke because they hoped the prices of share in company would go up.
What was Franklin D. Roosevelt’s plan to help with The Great Depression?
Roosevelt’s plan to help was the WA, CCC, TVA, SSA, and FDI.
His plan to help was to give people jobs go go to work.
What the federal programs are called and what they did.
WPA - Works Progress Administration (This program’s purpose was to provide jobs to the people who worked in the WPA built bridges, unemployed airports, buildings, parks, and roads.)
CCC - Civilian Conservation Corps (Workers signed up for a project and lived together in camps, upon the project’s completion.The CCC put young men to work preserving America’s. The CCC built roads, planted forests natural resources and worked on irrigation and national park projects.)
TVA - Tennessee Valley Authority (built dans and electric power stations in
Tennessee River Valley. The TVA built dams throughout 7 states to help control flooding and to generate electricity.)
How were some people deceived by their banks?
Some people were deceived by their banks from the banks not being able to give people their money back since they used it for loans and people weren’t giving money to pay back.
What were soup kitchens and why were they popular during the 1920’s?
Soup kitchens were food for homeless people donated by charities during the Great Depression, they each got a bowl of soup and some bread.
What was the dust bowl?
The Dust Bowl was a big powerful dust storm that blew away many crops. and everything was covered in dust.
What were the effects of the Dust Bowl?
The effects of the Dust Bowl was when farm income dropped 50%
and more than 750.000 farmers lost their farms and farmers headed to California.
Date of the stark market crash?
October 29th, 1929
