4/27/15 History Flashcards

1
Q

Herbert Hoover

A

Was a republican and wasn’t good at talking to the press

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2
Q

F.D.R

A

Was a democrat and liked the press

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3
Q

The brain trust

A

Were professors from Columbia University

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4
Q

The first 100 days

A

Were 15 major bills were passed in 100 days

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5
Q

Foreclosure

A

When the bank takes your house because you can’t afford to pay your taxes, so you go into foreclosure

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6
Q

FDIC

A

Made sure bank accounts were insured

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7
Q

SEC

A

They regulated the stock market

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8
Q

CCC

A

Gave men jobs to work outside from the ages of 18-25

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9
Q

AAA

A

They payed farmers to make less crops

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10
Q

NIRA

A

Regulated the industry

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11
Q

SSA

A

Gave social security to elders

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12
Q

The 9 old men

A

We’re Supreme Court justices

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13
Q

Child labor

A

The laws were strengthened and the number of kids working went down

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14
Q

Tariff

A

A tax on imports

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15
Q

Supply/demand

A

If supply goes up, then prices goes down.
If supply goes down, price goes up.
If demand goes up, price goes up.
If demand goes down, price goes down.

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16
Q

Inauguration

A

The day the president gets sworn into office

17
Q

Deficit spending

A

When the government spends more money then it’s annual income

18
Q

Communism

A

Everything is owned by the government

19
Q

Underconsumption

A

To much stuff, not enough people buying it