Great Depression Flashcards

1
Q

Farmers (rural)

A
  1. 1/20 evicted
  2. Income fell $13 to $5 billion
  3. Dustbowls
  4. Forced to kill livestock
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2
Q

Workers

A
  1. Industrial & farm production fell by 40%
  2. Wages fell by 60%
  3. 12,000 unemployed everyday
  4. 23,000 commit suicide in 1 year
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3
Q

Urban workers

A
  1. 1932 Cleveland 50% unemployed
    Toledo 80%
  2. Hoovervilles grew
  3. 1931 - 45 died from starvation
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4
Q

Shareholders/ rich

A
  1. Rockerfeller lost $160 million
  2. Winston $500k
  3. 10k banks closed
  4. 100k companies bankrupt
  5. $1 billion withdrawn
  6. Us international trade fell $10 to $3 billion
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