The Depression Flashcards
How much money was lost in the stock market in one day?
$10,000 million
Shares worth $100 in 1920 were worth what by 1929?
$325
5% of people owned what percentage of the wealth?
30%
How many businesses went bankrupt?
100,000
What were the temporary homes called that homeless people built?
Hoovervilles
How many banks went bankrupt (including the Bank of America)?
5,000
25% of Americans were unemployed by what year?
1933
How many people were admitted to hospital in 1931 suffering from starvation?
238
In 1932, how many Americans had there homes repossessed?
1/4 of a million
What fraction of farmers lost their farms?
1/5
How much did wages fall by?
60%
When were the bonus marches and how many veterans took part?
Summer of 1932, 20,000 veterans
How many people were injured as a result of the tear gas and violence used to remove the protesters (roughly)?
1000s
What had Hoover been promising since 1929?
‘Prosperity is just around the corner’
How far did Roosevelt travel around the country to make speeches?
20,000km