Causes of the Great Depression | Baamboozle - Baamboozle

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People trusted the banks

False

Hoovervilles were created to promote Hoover

False

Some became migrant workers

True

Unemployment reach 25% in 1933

True

Buying on Margin stopped the Stock Market Crash

False

Rugged Individualism used by Hoover

True

Federal government provided stimulus checks

False

Bonus Army was given the money early

False

Consumer Credit Purchasing

True

Banking Crisis, thousands of banks failed.

True

New Deal Programs implemented by Hoover

False

Hawley-Smoot Tariff increased tax on import

True

Dust Bowl in the Midwest

True

Stock Market Crash signaled the start of the Great Depression

True

Restrained government response under Hoover

True

Over supply and less demand

True