30s Flashcards
Production dropped __% between ____ and ____
Production dropped 40% between 1929 and 1933
Unemployment rose to __ million
Unemployment rose to 14 million
Average wages fell by __%
Average wages fell by 60%
American exports fell from $__ billion in ____ to $_ billion in ____
American exports fell from $10 billion in 1929 to $3 billion in 1932
More than ___ million farmers migrated to the west coast to look for work
More than 2.5 million farmers migrated to the west coast to look for work
Prohibition ended in ____
Prohibition ended in 1933
Hoover introduced ___ ____
Hoover introduced tax cuts
The _____ _____ demanded their war pensions be paid early in ____
The Bonus Army demanded their war pensions be paid early in 1932
FDR won a majority of _ million
FDR won a majority of 7 million
When campaigning for election, FDR travelled _________km around the USA and gave over __ speeches
When campaigning for election, FDR travelled 20,800km around the USA and gave over 76 speeches
__ million homes owned radios
28 million homes owned radios
What is FERA?
Provided $500 million in aid to state and local governments
What is SEC?
Set up to monitor the stock market to prevent fraud and insider trading
What is HOLC?
Helped people to keep their homes by providing cheap loans
What is the NRA?
Set up to convince industries to set max. working hours, min. wages, and price controls
What is the AAA?
Paid farmers not to produce too much food. Ordered to burn crops/fields.
What is the CCC?
Created 1,300 camps to give young men new jobs (paid $30 a month, $22 sent home to families). By 1941, the CCC employed 2.5 million men.
By 1941, the CCC employed 2.5 million men.
What is TVA?
Oversaw the development of 16 new dams which provided power to over 40,000 families. Also provided fertiliser and flood control.
What is the Glass-Stegall Banking Act?
Stopped banks from being in the investment business and restricted the use of bank money on stock speculation
