Question
B. True or False
___ The Great Depression only affected people who invested in the stock market.
___ President Hoover immediately provided direct relief to the unemployed.
___ By 1933, about 85,000 businesses had failed in the United States.
___ "Hoovervilles" were luxury neighborhoods built for the wealthy during the Great Depression.
___ The Great Depression only affected people who invested in the stock market.
___ President Hoover immediately provided direct relief to the unemployed.
___ By 1933, about 85,000 businesses had failed in the United States.
___ "Hoovervilles" were luxury neighborhoods built for the wealthy during the Great Depression.
Answers
GPT-4o mini
1. False - The Great Depression affected a wide range of people, not just those who invested in the stock market. It had widespread economic impacts that affected employment, businesses, and the overall economy.
2. False - President Hoover did not immediately provide direct relief to the unemployed. His approach was more focused on voluntary measures and local assistance rather than direct federal relief.
3. True - By 1933, approximately 85,000 businesses had failed in the United States due to the economic turmoil of the Great Depression.
4. False - "Hoovervilles" were makeshift shantytowns built by homeless people during the Great Depression, named derisively after President Hoover, who was blamed for the economic crisis. They were not luxury neighborhoods.
2. False - President Hoover did not immediately provide direct relief to the unemployed. His approach was more focused on voluntary measures and local assistance rather than direct federal relief.
3. True - By 1933, approximately 85,000 businesses had failed in the United States due to the economic turmoil of the Great Depression.
4. False - "Hoovervilles" were makeshift shantytowns built by homeless people during the Great Depression, named derisively after President Hoover, who was blamed for the economic crisis. They were not luxury neighborhoods.