USA booklet 4: Wall Street Crash Flashcards

1
Q

What month and year did the Wall St. Crash occur?

A

October, 1929

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2
Q

What percentage did banks lend when ‘Buying on Margin’?

A

90%

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3
Q

How much money did Rockefeller lose?

A

$160 million

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4
Q

What ratio of farmers were evicted from their land?

A

1/20

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5
Q

What did farm income drop to by 1933?

A

$5 billion

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6
Q

How much did average income drop by?

A

60%

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7
Q

What was gambling on the stock market nicknamed?

A

Speculation

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8
Q

How many people died of starvation during the depression?

A

45

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9
Q

What percentage of people was unemployed in Toledo?

A

80%

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10
Q

How many share holders were there by 1929?

A

20 million

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11
Q

How many depositors did the Bank of USA have when it closed in 1930?

A

400,000

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12
Q

Fill in the blanks: ‘In _____ we ______ and now we are ______’ (Iowa Farmers’ slogan)

A

Hoover, trusted, busted

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13
Q

What nickname did the shanty towns have?

A

Hoovervilles

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14
Q

Who did Hoover use to deal with the Bonus Marchers?

A

General Douglas McArthur

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15
Q

By how much did farm and industrial production fall?

A

40%

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16
Q

How many speculators were there by 1929?

A

600,000

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17
Q

How many people committed suicide each year during the depression?

A

23,000

18
Q

What law did Hoover block in 1932?

A

Wagner-Garner Relief Act

19
Q

What were beggars nicknamed?

A

Panhandlers

20
Q

How many people were unemployed by 1933?

A

14 million

21
Q

How did FDR help the poor when he was governor of New York?

A

Gave $20 million to relief programmes

22
Q

What did over-farming lead to?

A

Dustbowls

23
Q

Who predicted on Sept 5th 1929 that the crash would happen?

A

Babson

24
Q

What percentage of people were unemployed in Cleveland?

A

50%

25
Q

What were ‘Hoover blankets’?

A

Newpapers

26
Q

How much money did the Vanderbilts lose?

A

$40 million

27
Q

How much money would the Wagner-Garner Relief Act have provided for jobs?

A

$2.1 billion

28
Q

What was farm income in 1929?

A

$13 billion

29
Q

By how much did international trade fall?

A

$7 billion

30
Q

How much money did bank lend to speculators in 1929?

A

$9 billion

31
Q

What nickname did Hoover have?

A

‘Do-nothing President’

32
Q

How many people were made unemployed each day?

A

12,000

33
Q

How far did FDR travel by train during the election campaign?

A

20,800km

34
Q

How many apple sellers were there in New York city?

A

6000

35
Q

What month and year was the Bonus March?

A

Jun-32

36
Q

What did Hoover introduce to support banks in 1932?

A

Reconstruction Finance Company

37
Q

By how many votes did Roosevelt win the 1932 election?

A

7 million

38
Q

What was a Hoover Hog?

A

An armadillo that people used to eat.

39
Q

How much did Churchill lose in the Crash?

A

$500,000

40
Q

How many major speeches did FDR make during his campaign?

A

16