Great Depression Economic Impact

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15 Questions

What was the percentage of unemployment during the Great Depression?

25%

How much did investments fall by during the Great Depression?

$15 billion

Why did many Americans believe they were the root cause of the Great Depression?

Due to insufficient hard work

What happened to roughly half of the financial institutions in the United States by 1933?

They filed for bankruptcy

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

10-12 million to 13-15 million

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

Sharecroppers

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

Due to the lack of available land

What action did the Hoover Administration approve regarding Latino people?

Approving deportation

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

African Americans

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

Franklin Roosevelt

During the Great Depression, what were 'Hoovervilles'?

Makeshift homes made of cardboard and scrap metal in urban areas due to foreclosure and eviction.

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

Overproduction of farmed goods and a massive drought.

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

Protective tariffs by Hoover, overproduction, and the onset of the Dust Bowl.

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

A labor strike at Republic Steel with police firing on striking workers.

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

Waiting in lines at job sites for a day's wage and selling household items on street corners.

Test your knowledge on the economic impact of the Great Depression in the United States during the early 20th century. Learn about the severe contraction of the economy, the closure of financial institutions, and the unprecedented levels of unemployment during this challenging period.

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