Wall Street Crash

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  • Created by: Tory
  • Created on: 15-04-13 11:57
Who was the President when the Wall Street Crash occurred?
Herbert Hoover
1 of 24
laissez-faire is one of the causes of the crash
yes
2 of 24
laissez faire meant
non-intervention of the govt
3 of 24
hire purchase was..
a system by which a buyer pays for a thing in regular installment while enjoying the use of it
4 of 24
in 1932 how many businesses went bust?
20,000
5 of 24
value of goods in shops fell by.. in 1929-33?
50%
6 of 24
people who payed on the margin..
went bankrupt
7 of 24
in 1932 how many Americans lost their homes
250,000
8 of 24
homeless Americans built what?
Hoovervilles
9 of 24
by 1931 how many families were receiving benefits?
93,000 families
10 of 24
poverty worsen racism?
yes
11 of 24
how many banks crashed?
10,000
12 of 24
how many people lost their savings as the banks shut?
10 million people
13 of 24
Chicago (industrial city) saw mass umemployment of
40%
14 of 24
how many were unemployed by 1933?
14 mill
15 of 24
was they any unemployment benefit?
no had to rely upon families, charities + soup kitchens
16 of 24
between 1929-33 farm incomes + wages fell by
50%
17 of 24
how many suicides in 1932?
23,000
18 of 24
did the wall street crash increase violence in society
yes
19 of 24
in 1930, New York there was riot with farmers + police as
farmers refused to transport their foods to towns without a guarantee of a fair price
20 of 24
Angry farmers in lowa attempted to hang which judge?
Charles Bradley
21 of 24
Bonus army (1932) were..
WW1 veteran soldiers who wanted their pensions early
22 of 24
by an act of 1924 they were promised a bonus payment of
$500 in 1945
23 of 24
how many marched onto Washington + set up Hoovervilles?
20,000
24 of 24

Other cards in this set

Card 2

Front

laissez-faire is one of the causes of the crash

Back

yes

Card 3

Front

laissez faire meant

Back

Preview of the front of card 3

Card 4

Front

hire purchase was..

Back

Preview of the front of card 4

Card 5

Front

in 1932 how many businesses went bust?

Back

Preview of the front of card 5
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