Relier Pairs 9-0 The Great DepressionVersion en ligne USH.4.3 Identify technological developments during the 1920s and explain their impact on rural and urban Americans. USH.4.4 Analyze the causes of the Great Depression and its social and cultural impacts. (E) USH.4.5 Assess the economic impact of the Great Depression on all Americans. par Lance Hiles 1 Hoover didn't allow the federal government to take over, but relied on businesses & ____ ____ to stimulate the economy. It was insufficient. 2 The Great Depression started after the stock _____ _____ , but that does not mean that the stock _____ _____ caused the depression. 3 The great depression was horrible because of the widespread _____ it created, while the stock market crash only took money from a few rich people. 4 When American banks closed, they stopped loaning money to Europe, which hurt Europe's economy & meant they could no longer buy ___ ___ 5 _____ means there is NOT enough money in the economy, and it is caused when credit freezes up and banks demand loans be paid immediately. 6 _____ _____ contributed to the great depression by prompting farmers to grow more food, and when _____ ____ ended the excess food lost its value. 7 The great depression was likely caused by too much _____ and _____ buying, which people used because there were so many new must-have products. 8 Many people traveled America looking for work, like the ___ who left the ___ ___ for California, as detailed in the Grapes of Wrath. 9 Homeless Americans were angry that Hoover could not fix the great depression, so they named their shantytowns _____ . 10 Depositors took money out before the banks closed, so banks called in loans, which meant that ____ ____ up , which destroyed the economy. 11 Only 3% of Americans owned stock, & even though banks & corporations were buying a lot of stock, it was with borrowed money called ____ ____ 12 America created the Hawley Smoot tariff to protect American businesses, but Europe responded with ___ ___ ___ , which meant less trade & fewer jobs 13 Americans asked for relief, so Hoover to encouraged ____ ____ . New York's relief programs rose, but that $79 mil was less than a month’s wages 14 A _____ _____ happens when people worry about the economy, take their money out of the bank, and then the bank runs out of money & closes. 15 Before the great depression, economists would advise the president to ___ ___ in a crisis, so it's not fair to blame Hoover for not doing enough. 16 Europe & America refused to let go of the ____ ____ , which stopped them from devaluing their currency & pumping money into the economy 17 If the government creates ___ projects, this pumps money into the economy & ends deflation; But this idea was created AFTER the depression. 18 Hoover & Congress approved $140 million in new public works, & doubled the federal ____ ____ expenditures, but it wasn't nearly enough. 19 There is no _____ as to what caused the Great Depression. Some think it was caused by the stock market crash, others think it was too much credit. 20 Banks contributed to the Great Depression by loaning more money for ____ ____ and real estate investments than for commercial ventures.
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