Ch 17 Study Guide

American History

 

  1. Who were the candidates in the election of 1928? Who won? What economic factor helped him to win?

 

 

 

  1. What was the stock market like during most of the ‘20s?

 

 

  1. What factors enabled more people to play the stock market? How did more people getting in effect stock prices?

 

 

 

  1. What is margin buying? When can it be bad? Why?

 

 

 

  1. Why was the rise in stock prices during the ‘20s actually bad? What does the price of a company’s stock usually reflect?

 

 

 

  1. What triggered the stock market crash in 1929? How did investors react?

 

 

 

  1. How did the stock market crash effect banks?

 

 

 

 

  1. How did an unequal distribution of income help cause the Great Depression?

 

 

 

  1. How did overproduction contribute to the Great Depression?

 

 

 

  1. How did world trade contribute to the Great Depression?

 

 

 

  1. How did the Federal Reserve contribute to the Great Depression?

 

 

 

  1. What can the Federal Reserve do that can speed up or slow down the economy?

 

 

  1. How bad did unemployment get by 1932? What happened to the average income from 1929 to 1932?

 

 

  1. What kind of things did many families do to try and cope with the Depression?

 

 

 

  1. How did styles of clothing change from the ‘20s to the ‘30s?

 

 

  1. Who generally provided the soup kitchens and homeless shelters that were needed during the worst part of the Depression?

 

 

  1. What were Hoovervilles? Why were they called this?

 

 

  1. What was the Dust Bowl? What did many people that lived in this region resort to doing?

 

 

  1. Despite their economic problems, why did many people continue to spend $ at the movies and buy radios?

 

 

 

  1. What are public works? Did Hoover attempt any? Why was Hoover afraid to do more of them?

 

 

 

  1. What programs under Hoover loaned $ to banks and big industries? What was the goal behind these programs?

 

 

  1. Who did Hoover feel should be responsible for relief for average citizens?

 

 

  1. Who led the “Hunger Marches” in Washington DC and other cities? How do these show the desperate situation many felt the country to be in?

 

 

 

  1. What did some farmers do in an attempt to raise crop prices? How was this supposed to work? How did it work out? Why?

 

 

 

 

  1. Who made up the Bonus Army? What did they want? Where did they assemble? What happened to them?

 

 

 

  1. What do you think the Bonus Army meant to Hoover’s chances of reelection in ’32?

 

 

  1. What were community chests?

 

28. Why did some people like gangsters like Bonnie/Clyde and Dillinger?