AMERICA REVISION Flashcards
So far pages 58-60 in textbook (great depression)
When was the wall street crash
1929
Name some consequences of the great depression
Banks closing
People loosing jobs
Unemployment skyrockets
Average wages fell by 60 percent
ECT.
Name some ways farmers were impacts by the great depression
American exports fell drastically leaving many farmers without bisuness
Many farmers went bankrupt losing homes and jobs
Dust bowls - eroded dry land that could not be farmed
Who was the initial president during the great depression
Hoover
True or false:
Hoover had a very good response to the depression
False
His weak response lead to the rejection of Republican ‘do nothing’ policies
What did hoover do during the depression?
What were his main beliefs during?
Implemented some tax cuts and encouraged bisuness es to keep wages high
Put tarrifs of foreign good but this only made international trade relations worse, lowering export rates for America.
He believed in the idea of ‘rugged individualism’
That people should help themselfs
Who was FDR
Roosevelt, American president AFTER HOOVER
Who was in charge during the great depression
What political party was Roosevelt from?
Democrats
Which president implemented the new deal
FDR
What was roosavelt’s hundred days?
The three month period after roosavelt’s took power where he created alphabet agencies and tackled the most major problems
What was the AAA
Agricultural adjustment agency
What is the TVA
Tennessee valley authority
What did the TVA do?
Built damns and irrigation channels
Created jobs
Prevented erosion and made land more fertile for farmers
What did the AAA do
Set qoutas for farm production to steady food supply
Gave machinery to farmers
Name 4 alphabet agencies
TVA
AAA
NRA
CCC
PWA
How did FRD help with banks
He closed all banks and only allowed stable trustworthy ones to open again
