Ch.22-23 Flashcards

1
Q

Causes of the Great Depression

A
Lack of Diversificaiton
mal-distribution of purchasing power-overproduction of goods
credit structure of the economy
Americas position in international trade
International debt
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2
Q

Election of 1928

A

Rep: Herbert Hoover
Dem: Alfred E Smith

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3
Q

Election of 1932

A
Hoover lost (59)
FD Roosevelt (472)
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4
Q

Election of 1936

A
FDR (D)
Alf Landon (R)
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5
Q

the stock prices of 30 representative large firms trading on the New York Stock Exchange

A

Dow Jones Industrial Average

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6
Q

Paying a small percentage of a stocks price as a down payment and borrowing the rest

A

Buying on margin

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7
Q

Black tuesday

A

October 29, 1929: The bottom fell out of the market

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8
Q

Run on the bank

A

everyone trying to withdraw their cash due to fear

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9
Q

ppl who live in oklahoma

A

oakies

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10
Q

sprung up around railroad yars

A

hobo amps

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11
Q

Midterm Elections of 1930

A

Democrats win control of the house
the republican majority shrunk to one vote in the senate
The american people focused their frustration on pres hoover

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12
Q

authorized 2 bil dollars for emergency financing to banks, life insurance companies, railroads

A

Reconstruction Finance Corporation

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13
Q

The Bonus Army

A

Soldier had served in WWI
It was to be paid in 1945
the avg bonus to be 500 in cash or life insurance

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14
Q

The new deal

A

he had promised a new deal for the american peoples. Get america back in business

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15
Q

Authorized the treasury department to insect country banks

sound banks could reopen

A

Emergency banking relief act

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16
Q

Radio talks on important issues

A

fireside chats

17
Q

Reorganized the banking system

Provided insurance to individual bank accounts up to 5000

A

Glass-Steagall Act- FDIC

18
Q

Creates the US securities and exchange commission

Required corporations to provide complete info about their stock exchange

A

Federal Securities act-SEC

19
Q

Creates the US securities and exchange commission

Required corporations to provide complete info about their stock exchange

A

Federal Securities act-SEC

20
Q

Ended the prohibition act

21
Q

Raise the prices by lowering production

A

Agricultural Adjustment Act

22
Q

Debate over a dam at Muscle shoals, alabama

Completion had been blocked after the war by local utility companies

A

TVA; Tennesse Valley Authority

23
Q

Put young men ages 18-25 to work build roads, planting trees etc

A

CCC: Civilian Conservation Corps

24
Q

Provided 4 mil immediate jobs during the winter of 33-34

A

CWA: Civil Works Admin

25
Gave govt loans to homeowners facing foreclosure
HOLC: Home Owners Land Corp
26
People needed immediate help | Provided cash money to pop up relief agencies
FERA: Federal Emergency Relief Admin
27
Head of FERA
Harry Hopkins
28
purpose: relate as many jobs as possible | spent 11 bill and gave jobs to more than 8 mill people
WPA: Works Progress Admin
29
provided education, jobs, counseling, and recreation for young people provided money for high school, colleges, and graduate school
National youth admin
30
Hear testimony about unfair labor practices
National Labor Relations Act
31
Called the most important piece of social legislation in the 20th century
Social Security Act