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Grades 6, 7 and 8 - U.S. History - Middle School - USA: 1919-1932 - The Wall Street Crash And The Depression
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Wall Street was the center of finance in the USA but when the New York Stock Exchange spiraled out of control in October 1929, investors saw the price of shares crash to new lows and many small investors were ruined. The immediate effects included bank closures, reduced production and factory closures - leading to a massive rise in unemployment and the start of the Great Depression.

Grades 6, 7 and 8 - U.S. History - Middle School - USA: 1919-1932 - The Wall Street Crash And The Depression
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10 Questions

1. The New York Stock Exchange had seen prices rise tenfold over the past nine months. What is the New York share index called?
2. What were 'Hoovervilles'?
3. On what forms of benefit could unemployed people depend?
4. What name is given in stock exchange parlance to a period of sustained share price rises?
5. Hoover did, however, support a tariff measure introduced in 1930 to Congress by two Republicans who gave their names to the Act. What was it called?
6. In 1932 Hoover relented further by approving the Emergency Relief and Reconstruction Act, which provided $300 million to deal with distress. To which body were applicants told to apply?
7. Another of Hoover's eventual interventions to ease conditions in the Depression was the use of the Federal Farm Board. What did the Board attempt to do under his presidency?
8. How many unemployed were there in the US at the worst point in the Depression?
9. President Herbert Hoover urged patience and foresaw the US economy returning to its recent prosperity. Above all he refused to let the state intervene in the crisis. His personal homespun recommendation consisted of two words: what were they?
10. In 1932 General MacArthur was ordered to disperse camps set up by Bonus Marchers in Washington. What bonus were the marchers seeking?

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