1930s America Flashcards
Name all five causes of the wall street crash
Speculation
Poor distribution of income
Over production
Agriculture
No export market for US Goods
Why was there no market of US goods in 1930s?
The tariffs on imported goods caused other countries to pot tariffs on US goods
When was the great depression?
1930-1939
How many banks closed during the great depression?
9000
Unployment rate went from 9% to what during the Wall Street Crash?
25%
What amount of farmers were evicted in 1932?
1in 20 farmers
What was Hoovers core belief?
Rugged individualism
What is rugged individualism mean?
No government interference
What were Hoovervilles
Placed unemployed people lived which were makeshift houses
What were HooverBlankets?
Newspapers the unemployed used to keep warm
What were Hoover flags?
Empty trouser pockets which were turned inside out to show the no money in them
What happened to the Bonus Army?
They were protesting about getting their WW1 pensions early but they were met with the national guard and pepper spray. They were even shot at!
Who was Roosevelt? (two details)
- born in 1882
-Rich New York Family - was a democrat and a senator
- 1921 he was paralysisd by polio and spent most of his life in a wheelchair
- became president in 1933
- believed in the American Dream
-Elected 4 times - Death 1946
Give 3 differences of Hoover and Roosevelt.
Rugged individualism vs new deal
republican vs democrat
“Do nothing president” vs used hatred of Hoover
What does the term Active President mean?
improving lives of ordinary people although only as a last resort
How much is the vote did Roosevelt get over Hoover?
57%
How many states did Roosevelt win?
42
What are Roosevelt’s three R’s?
Relief
Recovery
Reform
Give two Alphabet agencies .
Any from :-
- The Emergency Banking Relief act (EBRA)
- The Agricultural Adjustment Act (AAA)
- The Federal Emergency Relief Act (FERA)
- The Civil Works Administration (CWA)
- The civilian Conservation Corps (CCC)
- The National Recovery Administration (NRA)
- The public Works Administration (PWA)
- The works Progress Administration (WPA)
-Tennessee Valley Authority (TVA)
What did FERA do?
They meant urgent needs of the poor so $550 million was spent on soup kitchens, blankets, employment schemes and nursery schools.
What did AAA do?
- Set quotas on farm production
- Modern farming methods
- Help for mortgages on farms
Who does not like the New Deal? Name 2 examples
Any from :-
- The rich
- Republicans
- Businessman’s
- Radicals
- The supreme Court
Why did the Rich not like the New deal?
- Funded by a rise in tax for the rich
- waste of money
Why did businessmen not like The New Deal?
- Policies interfered in business
- Increased workers rights like minimum wage
