1. What were the causes of the stock market crash of 1929 and the Great Depression?
Great Depression:
- Bank failures
- drought condition
- American Economic policy with Europe
- overproduction
- Unemployment rose to 25% wages fell 42% economic growth fell 50% and the world trader plummeted 65%
Stock Market:
- Oct. 24th 1929, it dropped 11% that day then the next day dropped 13%.
- Lack of government regulation, Buying stocks on margin, pooling, and over pricing.
- by the 1930's 6-7 billion people were unemployed
- Government had to rules to watch over the debt and stock markets
- To much borrowing from banks
2. What impact did the stock market crash and Great Depression have on the lives of people in the United States?
- mass withdrawals
- bank runs
- 20,000 companies went bankrupt
- Unemployment forced families into crowded apartments
- women went to find work
- 1/4 of families did not have one employment member
- Hoovervilles
- 250,000 homeless teenagers rode the rails
- railroad bulls
- health risks
- killed animals, to much of an expense
- 75,000 farms were lost
3. What did the United States government do to help alleviate the problems the Great Depression brought to our country?
President Hoover:
- Gave loans to banks, state and local govt's and business to create projects/Jobs for people
- gave states loans
- RFC
- Laissez fiarre- Hands off in french, stay out of businesses
- Trickle Down theory- Tax breaks for the rich and no help to the poor
- National Industrial Recovery Act
- Law that authorized the president to regulate industry in attempt to raise prices
- established the public works administration
- PWA
- built dams, bridges, hospitals, and schools
- purpose was to provide employment and revive the economy
4. What were the causes of WWII?
For the US:
- quit trading supplies (oil) with Japan
- Pearl Harbor Attack
In Asia:
- The great depression
- Japanese invasion of Manchuria
- Japanese invasion of China
Europe:
- Germany wanted their land back
- Treaty of Versailles
- the great depression
- Hitlers actions
- Mussolini's actions
- Failure of the league of nations
- Policy of Appeasement
- Came out of the Munich conference. Gave Hitler land to make him stop but Hitler Lied and told them what they wanted to hear but didn't follow through
- Hitlers invasion of Poland
- Rise of Nationalism
5. What impact did the United States have on WWII?
- Helped Great Britain
Helped with major turning points
- Battle of Midway
- Invasion of France
- Invasion of Italy
- US Naval forces were very strong
- Shipped out food
- Had a very strong army and navy
- Great Britain relied on US
- Gave them loans/oil
Russia
- Relied on American trucks, boots, and food to give the Russian Army
Without the US, the Allies probably would have won, but it would have taken longer
6. What were the goals for the US during the Cold War?
7. What were some of the major events that took place during the Cold War?
- -Berlin Blockade/airlift
- Cuban Missile Crisis
- Red Scare/McCarthyism
- McCarthy Tried to rid all Americans that he thought was a communist.
- Bay of Pigs
- Berlin Wall
- The Berlin wall was up to separate east Berlin from West Berlin. They tried to keep everyone in East Berlin to be fascist when the people did not want to
- End of the Cold War
8. What were some of the major events that took place during the Cold War?
-Berlin Blockade/airlift, Cuban Missile Crisis, Red Scare/McCarthyism, Bay of Pigs, Berlin Wall, End of the Cold War
9. Know these major major post-Cold War Events:
-JFK Assassination
-Civil Rights
-Watergate
-Persian Gulf War(1991)
-9-11
-War in Afghanistan
-War in Iraq
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