American History II
CW
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Hoover Responds to the Great Depression
Answer the following questions using the power point presentation.
The Great Depression Begins
1.
What happened to many farmers during the depression?
2.
What was happening to national income as a result of the depression?
3.
Using either the chart or the line graph what was happening to consumer spending between 1929 and 1933?
4.
How many of these items would be considered essential?
5.
According to the chart, what happened to the average price of a share of stock?
6.
What happened to many banks during the Great Depression?
7.
What was happening to both income and savings?
8.
What was Herbert Hoover predicting as close as 8 months before the Great Depression began?
9.
How did Hoover try to reassure Americans?
10.
In order to restore the public’s confidence, what did Hoover name this economic downturn?
11.
What kinds of measures did Hoover think would work the best?
12.
What was passed by the Congress in 1930?
13.
What was its purpose?
14.
How did the Europeans respond to first the Fordney McCumber Tariff and then the Hawley Smoot Tariff?
15.
When Hoover proposed a moratorium on debt payments, what did the Europeans do?
16.
What did this do to the value of their currencies?
17.
What happened to the Republican majorities in the Congress after the mid term elections of 1930?
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18.
What became the “new” theory of economics?
19.
What did Keynesian Economics argue that the government should do during a period of economic depression?
20.
How would government invest in the working class?
21.
How did this new economic theory compare to the Republican philosophy of “trickle down” economics?
22.
According to “trickle down” economics where should money be invested?
23.
What was Hoover’s reasoning for not spending money on jobs programs as argued by the Keynesians?
24.
Eventually forced to create jobs, what was the most famous public works project started under the Hoover
Administration?
25.
As the Great Depression deepened, what were some of the things happening during 1932?
a.
b.
c.
d.
e.
26.
Finally, in 1932, the Reconstruction Finance Corporation was established. What were its two purposes?
a.
b.
27.
What were the results of the RFC?
28.
What did Hoover argue was not the federal government’s responsibility?
29.
According to Hoover, who was responsible for direct relief and assistance programs?
30.
What was wrong with this philosophy?
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31.
What was happening to unemployment during Hoover’s presidency?
32.
What were most people realizing about the “trickle down” theory?
33.
1932 is considered the bottom of the depression, what evidence is list to support that conclusion?
a.
b.
c.
d.
e.
34.
What did the situation look like to many people?
35.
What was gaining renewed interest and converts?
36.
How did some feel about Communism?
The Dust Bowl
37.
Starting in 1930, what was making the effects of the depression worse?
38.
What would this ultimately be called?
39.
Beside severe drought, what were other reasons that caused the “dust bowl?”
40.
Which states were most severely affected by the “dust bowl?”
41.
What did many of those families affected by the “dust bowl” eventually decide to do?
42.
Where did many end up moving?
43.
What were they called?
44.
What did they find when they moved there?
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45.
Where did many of these refugees end up living?
46.
What were these shanty towns called?
47.
As what were newspapers referred?
48.
What were empty pockets called?
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The Bonus Army
49.
Who was the Bonus Army?
50.
Why were they protesting in Washington, D. C.?
51.
When was the bonus supposed to be paid?
52.
Approximately, how many people converged on Washington?
53.
What did they build?
54.
How long were they going to stay?
55.
What did some of the marchers bring with them?
56.
What was the result of the vote on the legislation to approve paying the bonus early?
57.
What happened to the Bonus Army after the legislation was defeated?
58.
Now that the legislation to pay the bonus early was defeated, what did Hoover want?
59.
What did he order?
60.
What were the results of the actions by the Army?
61.
From all of Hoover’s action as the Great Depression grew worse, how was Hoover perceived?
62.
To many people, who was the “problem?”
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