Chapter 14&15 Flashcards

1
Q

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

A
railroads
textiles
steel
mining
lumbering
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2
Q

what economic philosophy goes along with Coolidge’s statement

A

price supports

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3
Q

what are 4 reasons Americans started buying less -

A

rising prices
stagnant wages
unbalanced distribution of income
overbuying on credit

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4
Q

what was the trouble w/ credit

A

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

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5
Q

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

A

americans maintained the utmost confidence in the nations economic health

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6
Q

describe the fall of the stock market

A
  • stock prices peeked then fell
  • investors pulled out fast
  • market took a plunge
  • people left in debt
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7
Q

what signaled the beginning of the GD?

A

the stock market crash

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8
Q

describe the total financial collapse -

A

stockmarket collapse

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

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9
Q

what are some effects of the GD

A

markets fell
people became poor
unemployment
high tarrifs

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10
Q

what are the underlying causes of the GD

A

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

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11
Q

effects of GD in the city -

A
jobs lost
evicted from homes
ended on streets
shanty houses
soup kitchens
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12
Q

effects of GD in country -

A

could grow food
then lost land
tenant farm

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13
Q

how did the GD effect men -

A

unemployment
hoboes
wanderers

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14
Q

how did the GD effect women -

A

canned food
sewed clothes
managed household budgets
worked outside of home

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15
Q

how did the GD effect children

A

poor diets
lack of healthcare
shortened school year

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16
Q

how did the GD affect minorities

A

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

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17
Q

describe the effects left on people from GD

A
  • people lost their will to survive

- suicide

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18
Q

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

A

says people should people should take care of themseleves

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19
Q

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

A

that they could encourage it but not control it

governement could play a little role in solving problems

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20
Q

its the idea that people should succeed through their own efforts

A

individualism

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21
Q

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

A

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

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22
Q

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

A

individuals, charities, local organiz.

23
Q

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

A

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

24
Q

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

A
  • reconstruction finance coorporation

- federal home loan bank act

25
Q

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 -

A

he dispanded the Bonus Army

26
Q

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

A

(IYOW) the New Deal

27
Q

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

A

Eleanor Roosevelt

28
Q

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

A

FDR

29
Q

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

A

relief for the needy
economic recovery
financial reform

30
Q

describe “hundred day”

A

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

31
Q

how does FDR use mass media in the 1930s -

A

to talk to americans

32
Q

what is FDR’s first focus / first action

A

stabilize & reform banking & stabilize institutions

33
Q

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

A

..

34
Q

what is FDR’s second focus -

A

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

35
Q

summarize the opposing views of FDR’s New Deal -

A

36
Q

what is significant about the election of 1936

A

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

37
Q

how does FDR continue to address unemployment

A
  • created minimum wage

- created WPA to provide jobs

38
Q

an agency set up to provide work for people

A

WPA

39
Q

describe 2 programs or policies that adress labor issues

A

wagner act
WPA
Fair labor standards act

40
Q

it protects workers rights -

A

wagner act

41
Q

it banned child labor

A

Fair labor standards act

42
Q

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

A

social security

43
Q

what are the 3 typesof benefits available of social security

A

supplement retirement plan
unemployment compensation
disability aid

44
Q

how were qomen NEGATIVELY affected by the New Deal programs -

A

minimum wages set for women were lower than mens

45
Q

how did the new deal impact African Americans -

A

did not give them full civil rights

helped racial issues

46
Q

how did the new deal impact Mexican Americans

A

supported new deal

received benefits of African Amer.

47
Q

how did the new deal impat Native Americans

A

not considered full citizens, BUT THEY ARE NOW

48
Q

describe how the radio expanded

A

……

49
Q

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

A

………

50
Q

describe some criticism FDR encounter regarding the new deal-

A

didnt do enough

was too much

51
Q

its spending more than what is made -

A

deficit spending

52
Q

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

A

……..

53
Q

list some last effects of the New Deal -

A

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