1920's and 1930’s Flashcards
What was the Wall Street crash?
Banks playing the stock market
What was the main problems of the 1920’s?
Inequality
Racism
Prejudice towards women
What did shareholders loose in the depression?
Money
Why did rich loose as an impact of the depression?
Wealth
What did business owners cut? And what did this lead to?
Cut production
Lead to cut in wealth
Lead to cut in jobs
What was the 2 main effects of the depression?
Unemployment and housing.
How many lost jobs in the depression?
13 million
How much did factory production drop by in 1929-1932?
45%
What president had one of the biggest victories?
Roosevelt
What alphabet agencies helped farmers?
AAA
What did the AAA do?
Killed pigs to produce less and get more money
What alphabet agencies helped industry and workers?
TVA,NRA and HOLC
What was the NRA?
Blue eagle
What did the HOLC do?
Give loans for housing.
What alphabet agencies helped unemployed?
CCC, FERA, CWA