Section 1 Flashcards

0
Q

What really caused it

A

Weakness of the new era economy

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1
Q

What marked the beginning of the Great Depression?

A

The stock market crash

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2
Q

What was the most damaging economic aspect

A

Unequal distribution of wealth

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3
Q

What did oligopolies do

A

Kept prices artificially high and rigid

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4
Q

What furthered the problem?

A

Weakness in industries as well as poor management and regulation of banks

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5
Q

What else contributed to the crash?

A

International economic difficulties

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6
Q

What happen by the 1930s?

A

Industrial production plummeted

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7
Q

How much of the labor force was unemployed by 1932?

A

1/4

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8
Q

What happen between 1929-1932

A

Personal income dropped by over half

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9
Q

Who were particularly hit by the depression?

A

Farmers

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10
Q

How much did prices fall between 1929-1932

A

55%

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11
Q

What families were moved to Hooverville (shantytowns)

A

Urban families

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12
Q

Women jobs

A

Lower paying jobs so less likely to be fired

Married women did not work

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13
Q

Men jobs

A

Displaced women as teachers, social workers and librarians

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14
Q

During the depression what fell in families?

A

Divorce and birth rates

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15
Q

How did the husbands and father feel

A

Often humiliated and despondent when fired

16
Q

Women responsibility

A
  • became wage earners

- expanded household duties to lower expenses and raise money

17
Q

Children

A

Went hungry, stayed home from school and gave up future plans

18
Q

As hope faded what increased

A

Family conflicts