What is the date the stock market crashed?
October 29, 1929
How did president Hoover respond to the Dust Bowl?
He opened up Hoovervilles for the homeless and offered money too feed the animals, but not the farmers and their families
What was the purpose of the Smoot-Holly Tariff Act?
It was made to raise customs duties to high levels.
How did the Smoot-Holly Tariff Act impact the depression?
It made international trade decline and it triggered international bank failures, adding to the overall suffrage for people.
Dorothea Lang
A photographer who documented the plight of the oakies as they traveled to California to make a living.
President Coolidge
Strongly pro business and against government intervention.
Tax Cuts
A measure that lowered government taxes for people who made over 100,000
Buying on margin
Money borrowed from a bank to pay for investments such as stocks
How did buying on margin contribute to the start of the Great Depression?
It gave a rise in the establishment of weaknesses in the economy.
How did factories increase production in the 1920s?
assembly lines and other mass production strategies.
How did the Dust Bowl impact the people of the Great Plains?
It caused drifts because of the wind and unplannted soil, leading to crop failure, erosion, and livestock deaths.
Warning signs that showed the economy was not as prosperous as it appeared?
- The economy relied on consumer goods and purchasing them.
- disposable income, purchasing of consumer goods declined.
- production of goods declined.
-German economic weakness.
fascism
a political movement based on extreme nationalism, militarism, and racism, promoting the superiority of a particular group of people.
