Chapter 14&15 Flashcards by madison Bronder

what industries were experiencing trouble that were “warning signs” of the GD?

railroads
textiles
steel
mining
lumbering

How well did you know this?

Not at all

Perfectly

what economic philosophy goes along with Coolidge’s statement

price supports

How well did you know this?

Not at all

Perfectly

what are 4 reasons Americans started buying less -

rising prices
stagnant wages
unbalanced distribution of income
overbuying on credit

How well did you know this?

Not at all

Perfectly

what was the trouble w/ credit

credit would just build up large consumer debt that couldnt be paid off

How well did you know this?

Not at all

Perfectly

when hoover is elected in 1928, what were peoples views on the economy ?

americans maintained the utmost confidence in the nations economic health

How well did you know this?

Not at all

Perfectly

describe the fall of the stock market

stock prices peeked then fell
investors pulled out fast
market took a plunge
people left in debt

How well did you know this?

Not at all

Perfectly

what signaled the beginning of the GD?

the stock market crash

How well did you know this?

Not at all

Perfectly

describe the total financial collapse -

stockmarket collapse

so then bank, business, jobs, houses, credit all came crushing down

How well did you know this?

Not at all

Perfectly

what are some effects of the GD

markets fell
people became poor
unemployment
high tarrifs

How well did you know this?

Not at all

Perfectly

what are the underlying causes of the GD

easy credit availibility
unequal distribution of income
crisis in farm sector
war debt

How well did you know this?

Not at all

Perfectly

effects of GD in the city -

jobs lost
evicted from homes
ended on streets
shanty houses
soup kitchens

How well did you know this?

Not at all

Perfectly

effects of GD in country -

could grow food
then lost land
tenant farm

How well did you know this?

Not at all

Perfectly

how did the GD effect men -

unemployment
hoboes
wanderers

How well did you know this?

Not at all

Perfectly

how did the GD effect women -

canned food
sewed clothes
managed household budgets
worked outside of home

How well did you know this?

Not at all

Perfectly

how did the GD effect children

poor diets
lack of healthcare
shortened school year

How well did you know this?

Not at all

Perfectly

how did the GD affect minorities

tough time finding jobs & were used to poverish conditions before the GD

How well did you know this?

Not at all

Perfectly

describe the effects left on people from GD

people lost their will to survive

- suicide

How well did you know this?

Not at all

Perfectly

describe hoover’s belief and approach to the GD issues at the beginning of his precidency

says people should people should take care of themseleves

How well did you know this?

Not at all

Perfectly

how did Hoover view the governement’s role in the economy -

that they could encourage it but not control it

governement could play a little role in solving problems

How well did you know this?

Not at all

Perfectly

its the idea that people should succeed through their own efforts

individualism

How well did you know this?

Not at all

Perfectly

why did Hoover oppose any forms of governement bailouts or “direct relief” -

he believed that handouts would weaken people’s self-respect and “moral fiber”

How well did you know this?

Not at all

Perfectly

whose repsonsibiliy was it to assit those in need of government bailouts -

individuals, charities, local organiz.

why do you think people blamed hoover for the nations difficulties -

because they were going hungry and he refused to support direct relief

what are some projects proposed by hoover to try to relieve some of the hardship -

reconstruction finance coorporation

- federal home loan bank act

what event occurred w/ the Bonus Army that worsended Hoover's image and sealed the fate of the upcoming election in which FDR would win by a landslide -

he dispanded the Bonus Army

it came to refer to the relief, recovery, and reform programs of FDR's administration that were aimed at combating the GD -

(IYOW) the New Deal

she was the wife of franklin involved in a lot raised 5 kids most active 1st lady

Eleanor Roosevelt

he was the only president elected 4 times led us through GD used the "new deals"

FDR

what are FDR's 3 general goals that he plans to meet when he takes office -

relief for the needy economic recovery financial reform

describe "hundred day"

pushed through congress, tried to provide relief, create jobs & stimulate economy

how does FDR use mass media in the 1930s -

to talk to americans

what is FDR's first focus / first action

stabilize & reform banking & stabilize institutions

list/describe 2 programs that relate to his first focus -

what is FDR's second focus -

more social welfare benefits stricter controls over business stronger support for unions higher wages

summarize the opposing views of FDR's New Deal -

...

what is significant about the election of 1936

a huge victory 1st time african Am. votes democrat 1st labor unions back canidate

how does FDR continue to address unemployment

- created minimum wage | - created WPA to provide jobs

an agency set up to provide work for people

WPA

describe 2 programs or policies that adress labor issues

wagner act WPA Fair labor standards act

it protects workers rights -

wagner act

it banned child labor

Fair labor standards act

it provided financial security in the form of regular payment to which people couldnt support themselves -

social security

what are the 3 typesof benefits available of social security

supplement retirement plan unemployment compensation disability aid

how were qomen NEGATIVELY affected by the New Deal programs -

minimum wages set for women were lower than mens

how did the new deal impact African Americans -

did not give them full civil rights | helped racial issues

how did the new deal impact Mexican Americans

supported new deal | received benefits of African Amer.

how did the new deal impat Native Americans

not considered full citizens, BUT THEY ARE NOW

describe how the radio expanded

......

which art form was used as an escape from reality and which as sober reminder of the hardships of depression

.........

describe some criticism FDR encounter regarding the new deal-

didnt do enough | was too much

its spending more than what is made -

deficit spending

describe federalism and how it was altered by FDR's New Deal

........

list some last effects of the New Deal -

social security disability, unemployment insurances no child labor protection of workers rights