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US History II > Ch 22 > Flashcards

Ch 22 Flashcards

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1
Q

What industries made little profits in the 20s?

A

Coal, framing, and steel

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2
Q

What happened when farmers defaulted?

A

They lost their property and rural banks failed

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3
Q

This is a bill that would maintain a price at a certain level by the government

A

Price supports

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4
Q

What happened because of credit?

A

People lived beyond their means… Buy now and pay later

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5
Q

How was the wealth distribution uneven?

A

The rich get richer and the poor get poorer

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6
Q

This man was the 1928 D candidate

A

Alfred E. Smith

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7
Q

This man was the 1928 R candidate who won

A

Herbert Hoover (1929-1933)

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8
Q

How did Hoover win the office?

A

The republican success of the 20s (the stock market)

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9
Q

This is a measure of 30 large firms trading in the NYSE

A

Dow Jones Industrial Average

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10
Q

This is a period of rising stock price

A

Bull market

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11
Q

This is a risky transaction to try and make a quick profit

A

Speculation

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12
Q

This is paying a small percent of a stock price as a down payment and borrowing the rest

A

Buying on a margin

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13
Q

This was the day the stock prices fell drastically and lowered confidence

A

Black Tuesday oct. 29, 1929

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14
Q

This was a period when the economy worsened and unemployment rose

A

Great Depression 1929-1940

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15
Q

What was the unemployment rate during the depression?

A

25%

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16
Q

This was the highest tariff in US history

A

Hawley-Smoot Tariff Act

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17
Q

What factors cut down the market for US goods?

A

The tariff, war debt, and politics

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18
Q

This is a neighborhood of makeshift shacks

A

Shantytown

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19
Q

This is where free or low cost food is served to the needy

A

Soup kitchen

20
Q

This is a line of people waiting for free food

A

Bread line

21
Q

This is a region of the Midwest that was worthless to farming during the 30s

A

Dust bowl

22
Q

What mad dust bowl land useless?

A

The drought and dust storms

23
Q

What states composed the dust bowl?

A

KS, OK, TX, NM, CO

24
Q

This is a direct payment for food by the government not provided in the depression

A

Direct relief

25
Q

What caused malnutrition in kids?

A

Poor diets and lack of healthcare

26
Q

Why did children return to sweatshops?

A

The schools closed

27
Q

These are children who toured the country for free on boxcars

A

Hoover tourists

28
Q

How much did the suicide rate rise between 1928 and 1932?

A

30%

29
Q

What were people forced to do during the depression?

A

Accept compromises and make sacrifices

30
Q

What did the focus of that generation shift to?

A

Financial security

31
Q

This is a dam built on the Colorado river, authorized in 1929, finished in 1936

A

Boulder dam

32
Q

What did boulder dam get renamed to?

A

Hoover dam

33
Q

What did Hoover dam do for the economy?

A

Stimulate business and provide jobs

34
Q

What purposes does hover dam serve?

A

Provide electricity, flood control, and water for drinking and agriculture

35
Q

How did hovers image change as the depression worsened?

A

People did not like him

36
Q

This is an alias for a shantytown

A

Hooverville

37
Q

These were a name for the newspapers that homeless people used

A

Hoover blankets

38
Q

These are empty pockets flipped inside out

A

Hoover flags

39
Q

What were hoover’s 2 public assistance programs?

A

Federal home loan bank act and the reconstruction finance corporation

40
Q

What did the federal home loan bank act do?

A

Lowered mortgage rates for homeowners and allowed farmers to refinance loans

41
Q

What did the reconstruction finance corporation do?

A

Provided emergency money for banks, railroads, and large businesses. The money was intended to trickle down to average citizens through job growth

42
Q

These were 10k-20k WWI vets and their families who marched to DC demanding an early payment for a promised 1945 bonus

A

Bonus army

43
Q

What happened with the bonus army?

A

The early payment was voted down and most left

44
Q

What happened to the remaining bonus army vets?

A

1k were gasses and burned in their Hooverville

45
Q

How did farming fail>

A

Food surplus, dropping prices, lowered demand, and farmers mortgaging land to make more food

US History II (15 decks)

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