Ch.22-23

Question 1

Causes of the Great Depression

Answer 1

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

Question 2

Election of 1928

Answer 2

Rep: Herbert Hoover
Dem: Alfred E Smith

Question 3

Election of 1932

Answer 3

Hoover lost (59)
FD Roosevelt (472)

Question 4

Election of 1936

Answer 4

FDR (D)
Alf Landon (R)

Question 5

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

Answer 5

Dow Jones Industrial Average

Question 6

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

Answer 6

Buying on margin

Question 7

Black tuesday

Answer 7

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

Question 8

Run on the bank

Answer 8

everyone trying to withdraw their cash due to fear

Question 9

ppl who live in oklahoma

Answer 9

oakies

Question 10

sprung up around railroad yars

Answer 10

hobo amps

Question 11

Midterm Elections of 1930

Answer 11

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

Question 12

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

Answer 12

Reconstruction Finance Corporation

Question 13

The Bonus Army

Answer 13

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

Question 14

The new deal

Answer 14

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

Question 15

Authorized the treasury department to insect country banks

sound banks could reopen

Answer 15

Emergency banking relief act

Question 16

Radio talks on important issues

Answer 16

fireside chats

Question 17

Reorganized the banking system

Provided insurance to individual bank accounts up to 5000

Answer 17

Glass-Steagall Act- FDIC

Question 18

Creates the US securities and exchange commission

Required corporations to provide complete info about their stock exchange

Answer 18

Federal Securities act-SEC

Question 19

Creates the US securities and exchange commission

Required corporations to provide complete info about their stock exchange

Answer 19

Federal Securities act-SEC

Question 20

Ended the prohibition act

Answer 20

21st

Question 21

Raise the prices by lowering production

Answer 21

Agricultural Adjustment Act

Question 22

Debate over a dam at Muscle shoals, alabama

Completion had been blocked after the war by local utility companies

Answer 22

TVA; Tennesse Valley Authority

Question 23

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

Answer 23

CCC: Civilian Conservation Corps

Question 24

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

Answer 24

CWA: Civil Works Admin

Question 25

Gave govt loans to homeowners facing foreclosure

Answer 25

HOLC: Home Owners Land Corp

Question 26

People needed immediate help

Provided cash money to pop up relief agencies

Answer 26

FERA: Federal Emergency Relief Admin

Question 27

Head of FERA

Answer 27

Harry Hopkins

Question 28

purpose: relate as many jobs as possible

spent 11 bill and gave jobs to more than 8 mill people

Answer 28

WPA: Works Progress Admin

Question 29

provided education, jobs, counseling, and recreation for young people
provided money for high school, colleges, and graduate school

Answer 29

National youth admin

Question 30

Hear testimony about unfair labor practices

Answer 30

National Labor Relations Act

Question 31

Called the most important piece of social legislation in the 20th century

Answer 31

Social Security Act