GREAT DEPRESSION DAILY GRADE

Front

President during the 1930s who was considered a failure because even though he was President he couldn't and wouldn't fix the Great Depression.

Back

Herbert Hoover

Front

What role do banks have in the economy?

Back

They provide loans to people who need money and help people invest money in stocks.

Front

Hundreds of thousands of people couldn't find jobs during the great depression. Many people who couldn't find work couldn't afford to buy food either. TRUE or FALSE?

Back

TRUE

Front

The condition of being out of work

Back

unemployment

Front

True or False: The Great Depression was the longest and most severe economic decline in United States history.

Back

True

Front

People blamed President Hoover for their troubles and called their shack towns ___________.

Back

Hoovervilles

Front

What date did the stock market crash?

Back

October 29, 1929

Front

What is another name for the day that the stock market crashed?

Back

Black Tuesday

Front

Did President Hoover think the government should help the American people and give them money during the Great Depression?

Back

FALSE

Front

During the Roaring 20's people were spending lots of money they did not have, because the credit card system allowed people to Buy Now __________________.

Back

Pay Later