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 Borrowing money from a bank and then using that money to buy stocks is called _____ _____ . It's also like credit and it hurts the economy. 2 The great depression was horrible because of the widespread _____ it created, while the stock market crash only took money from a few rich people. 3 The great depression was likely caused by too much _____ and _____ buying, which people used because there were so many new must-have products. 4 The Great Depression started after the _____ _____ _____ , but that does not mean that the _____ _____ _____ caused the depression. 5 Many people traveled America looking for work, like the ___ who left the ___ ___ for California, as detailed in the Grapes of Wrath. 6 _____ _____ contributed to the great depression by prompting farmers to grow more food, and when _____ ____ ended the excess food lost its value. 7 There were twice as many ___ ___ ___ thanks to Hoover's efforts with congress, businesses, & farmers, but it still was not enough. 8 Banks contributed to the Great Depression by loaning too much money for _____ _____ purchases rather than for actual business & product purchases. 9 If the government creates ___ ___ , this pumps money into the economy & ends deflation; But this idea was not created until after the depression. 10 Hoover thought ___ ___ could resolve the great depression, and they did increase their donations, but it was still a fraction of the money needed 11 Sticking with the ___ ___ stopped Hoover & Europe from putting more money into their economies & ending deflation. 12 When American banks closed, they stopped loaning money to Europe, which hurt Europe's economy & meant they could no longer buy ___ ___ 13 Homeless Americans were angry that Hoover could not fix the great depression, so they named their shantytowns _____ . 14 _____ means there is NOT enough money in the economy, and it is caused when credit freezes up and banks demand loans be paid immediately. 15 Hoover thought ___ ___ and businesses could resolve the great depression, so he did not allow the federal government take control of the economy. 16 A _____ _____ happens when people worry about the economy, take their money out of the bank, and then the bank runs out of money & closes. 17 When people took their money out of banks, the banks demanded other people pay off their credit & loans, which meant that _____ _____ _____ . 18 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. 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 America created the Hawley Smoot tariff to protect American businesses, but Europe responded with ___ ___ ___ , which meant less trade & fewer jobs
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