The Great Depression Begins
Alfred E. Smith-
Hawley-Smoot Tariff Act (1930)-
Federal Home Loan Bank Act (1933)-
Reconstruction Finance Corporation (1932)-
Black Tuesday (Oct. 29, 1929)-
Distribution of Income-
Buying on Margin-
Dow Jones Industrial Average-
The Grapes of Wrath-
1. Give specific examples to show how the superficial prosperity of the late 1920s hid troubling weaknesses in the country.
2. Identify reasons why agriculture suffered more throughout the 1920s than any other part of the country.
3. How did the McNary-Haugen Bill attempt to help the farmers? Why did President Coolidge veto it twice?
4. How was the distribution of income so unequal in the U.S. during the 1920s? How was this bad for the economy?
5. Why did Governor Alfred E. Smith of NY lose the 1920 presidential election?
6. What does it mean to buy on margin? How did this practice contribute to creating the Great Depression?
7. Why did so many banks fail so quickly during the Great Depression?
8. What happened to ordinary workers during the Great Depression?
9. How did the Hawley-Smoot Tariff of 1930 worsen the worldwide depression?
10. What role did the effects of WWI play in affecting the world economy?
11. How did the Great Depression affect the lives of ordinary people in cities, towns, and on farms? (Chart?)
12. How were shantytowns, soup kitchens, and bread lines a response to the Depression? How successful were they?
13. What created the “Dust Bowl” of the mid-1930s? What were its effects on the...
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