THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
1910-1919
|
|
|
1920-1929
|
|
|
1930-1939
|
|
|
1940-1949
|
Detailed explanation-1: -How did changing demographic patterns in the 1930s impact California? The arrival of many migrant families from the Midwest created a relief crisis in cities like Los Angeles where, in 1932, nearly 20% of the population required some form of relief.
Detailed explanation-2: -Although the 1920s were prosperous, speculation in the stock market, risky lending policies, overproduction, and uneven income distribution eventually undermined the economy and led to the Great Depression.
Detailed explanation-3: -The Federal Deposit Insurance Corporation (FDIC) is known for protecting depositors, but we do more to connect with and protect the public. The FDIC was created in 1933 in response to the thousands of bank failures during the Great Depression of the late 1920s and early 1930s.
Detailed explanation-4: -The Great Depression was a worldwide economic downturn that began in the fall of 1929 and did not end in many places until the Second World War. It was triggered in large part by a sudden crash of the American stock market on October 29, a day widely known as Black Tuesday.