Causes and Course of the Great Depression

They must get another loan.

They must sell everything to pay the loan.

They must never repay the loan.

They must move to another country.

They cut back on farm production.

They sold their farms.

They went off to war.

They continued to overproduce.

The value increases.

The value stays the same.

The value decreases.

Farmers become rich.

True

False

They grew rich.

They made counterfeit money.

They saved a lot of money.

They lost everything.

Buying on margin

Buying on credit

Stock forgiveness

DOW-JONES Cycle

Bear Market

Boom-Bust Cycle

Bull Market

droughts

rainfall

tornados

thunderstorms

Congress granted them partial payment with the balance to be paid in 1945.

They were allowed to take out loans against their promised bonus.

Although the House of Representatives passed the bill to distribute the bonus early, it failed to pass the senate with the marchers eventually being forcibly removed by the army.

They were granted their payment early.

They wanted their promised compensation payment in 1932 rather than in 1945 when it was slated to be distributed.

They wanted to re-enlist in the army, so at least they would have food and a place to sleep.

They wanted to hold President Hoover a prisoner until he began to distribute direct payments to the unemployed.

They wanted to show President Hoover that they supported him for re-election.

Spent government money on many public works such as construction of bridges, roads and dams.

Encouraged charitable organizations to provide aid such as Red Cross and Salvation Army.

Urged businesses to maintain employment and wages.

Created organizations to provide credit to farmers and home owners , so they wouldn't lose their property.