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?

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?

23
Q

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

24
Q

What percentage of people were unemployed in Cleveland?

25
What were ‘Hoover blankets’?
Newpapers
26
How much money did the Vanderbilts lose?
$40 million
27
How much money would the Wagner-Garner Relief Act have provided for jobs?
$2.1 billion
28
What was farm income in 1929?
$13 billion
29
By how much did international trade fall?
$7 billion
30
How much money did bank lend to speculators in 1929?
$9 billion
31
What nickname did Hoover have?
‘Do-nothing President’
32
How many people were made unemployed each day?
12,000
33
How far did FDR travel by train during the election campaign?
20,800km
34
How many apple sellers were there in New York city?
6000
35
What month and year was the Bonus March?
Jun-32
36
What did Hoover introduce to support banks in 1932?
Reconstruction Finance Company
37
By how many votes did Roosevelt win the 1932 election?
7 million
38
What was a Hoover Hog?
An armadillo that people used to eat.
39
How much did Churchill lose in the Crash?
$500,000
40
How many major speeches did FDR make during his campaign?
16