Great Depression Economic Impact
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Questions and Answers

What was the percentage of unemployment during the Great Depression?

  • 20%
  • 15%
  • 10%
  • 25% (correct)
  • How much did investments fall by during the Great Depression?

  • $5 billion
  • $10 billion
  • $15 billion (correct)
  • $20 billion
  • Why did many Americans believe they were the root cause of the Great Depression?

  • Due to improper investment choices
  • Due to a lack of education
  • Due to insufficient hard work (correct)
  • Due to a lack of governmental support
  • What happened to roughly half of the financial institutions in the United States by 1933?

    <p>They filed for bankruptcy</p> Signup and view all the answers

    What was the typical number of unemployed Americans in 1930 compared to 1933?

    <p>10-12 million to 13-15 million</p> Signup and view all the answers

    What term was used to describe people in minority groups who worked on a farmer's property and repaid the farmer in crops?

    <p>Sharecroppers</p> Signup and view all the answers

    Why were sharecropper's leases immediately terminated during the Depression?

    <p>Due to the lack of available land</p> Signup and view all the answers

    What action did the Hoover Administration approve regarding Latino people?

    <p>Approving deportation</p> Signup and view all the answers

    Which group faced severe penalties from predominantly white juries due to their inability to pay the poll tax?

    <p>African Americans</p> Signup and view all the answers

    Who cautiously began to offer federal services to African Americans during the Depression?

    <p>Franklin Roosevelt</p> Signup and view all the answers

    During the Great Depression, what were 'Hoovervilles'?

    <p>Makeshift homes made of cardboard and scrap metal in urban areas due to foreclosure and eviction.</p> Signup and view all the answers

    What led to the ecological disaster known as the 'Dust Bowl' in the central United States?

    <p>Overproduction of farmed goods and a massive drought.</p> Signup and view all the answers

    Why did many farmers in the Midwest and central United States face difficulties during the Great Depression?

    <p>Protective tariffs by Hoover, overproduction, and the onset of the Dust Bowl.</p> Signup and view all the answers

    What labor-related incident led to the Memorial Day Massacre in Chicago, Illinois in 1937?

    <p>A labor strike at Republic Steel with police firing on striking workers.</p> Signup and view all the answers

    What desperate business practices did many jobless Americans resort to during the Great Depression?

    <p>Waiting in lines at job sites for a day's wage and selling household items on street corners.</p> Signup and view all the answers

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