Great Depression Review

What were the signs the Depression was around the corner?• Industry wasn’t as strong• Failing famers• Rising prices of goods• Credit Crash• Uneven distribution of income

What made the Great Depression even worse?• Run on the banks• Government Laissez Faire policy• Businesses failing• Unemployment

Black Tuesday• 3 Clues• Known by many as the start of

the Great Depression• October 29, 1929• Millions of Americans lost

everything overnight

Dow Jones Industrial Average

• 2 Clues• Is a measurement of the stock market’s health Thermometer of the

stock market• It is still used today

Great Depression• 1 Clue• Period from 1929

to around 1940 in which the economy of the US (and almost every country in the world) plummeted

Run on the Banks• 2 Clues• Made the Great Depression even worse• People withdrew their money from banks across the nation

Hawley-Smoot Tariff Act, 1930

• 1 Clue• This was supposed to protect American farmers and industry from

foreign competition, instead did the opposite

President Herbert Hoover

• 4 Clues• President at the time of the start of the Great Depression• Republican who believed in Laissez Faire Economics• The economy became worse• Ordered the Bonus Army to leave Washington, DC

Shantytown/Hooverville

• 1 Clue• Little towns consisting of makeshift shacks which sprang up very

quickly

Soup Kitchen

• 1 Clue• Offered free or low cost meals

Bread Line

• 1 Clue• Long lines of people waiting to get food provided by charitable

organizations

Dust Bowl• 3 Clues• Early 1930s, a great drought hit the Great Plains of the US• Caused the soil to turn to dust which was picked up by the wind,

causing tsunamis of dust blowing on everything in its path• Hundreds of thousands of people living on the Great Plains left

Boulder (Hoover) Dam• 5 Clues• Public works project set up during

Hoover’s presidency in the American Southwest• Provided flood control for the

Colorado River• Created a lot of electricity for the

American southwest• Created Lake Meade• Helped bring water all over California

Bonus Army• 3 Clues• Comprised of WWI veterans and their families• Between 10 and 20 thousand of them descended on Washington• Went to DC to support a bill in Congress which would have given

them their WWI bonuses early

What did Hoover do to the Bonus Army?• He sent in troops to squash their protest of the failure to pass the

WWI bonus bill

Welfare

• 1 Clue• Direct help (usually money) a government gives to its people