USA HISTORY

THE GREAT DEPRESSION 1929 1940

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What year did the veterans finally get their bonus?
A
1932
B
1945
C
1936
D
2015
Explanation: 

Detailed explanation-1: -The veterans were ultimately paid their bonuses early in 1936 as a result of legislation passed by Congress after they overrode Franklin Roosevelt’s veto.

Detailed explanation-2: -In May 1932, jobless WWI veterans organized a group called the “Bonus Expeditionary Forces” (BEF) to march on Washington, DC. Suffering and desperate, the BEF’s goal was to get the bonus payment now, when they really needed the money.

Detailed explanation-3: -After victory in World War I, the US government promised in 1924 that servicemen would receive a bonus for their service, in 1945. The bonus was also known as the “Tombstone Bonus.” Then, the Great Depression hit, beginning with the stock market collapse of 1929.

Detailed explanation-4: -Bonus Army, gathering of probably 10, 000 to 25, 000 World War I veterans (estimates vary widely) who, with their wives and children, converged on Washington, D.C., in 1932, demanding immediate bonus payment for wartime services to alleviate the economic hardship of the Great Depression.

Detailed explanation-5: -What did they want? After World War I, the U.S. Congress voted to give veteran soldiers who fought in the war a bonus. They would be paid $1.25 for each day they served overseas and $1.00 for each day they served in the United States. However, this money would not be paid until 1945.

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