Chapter 14&15 Study Guide Flashcards
Agriculture during the Great Depression
There was a surplus of agriculture. Farmers were not making enough money.
Superficial prosperity
Fake prosperity
New deal goals
Relief for needy, economic recovery, and financial reform
McNary-Haugen bill
Government will but the crops. Ends up vetoed
Father Charles coulin
Had a radio talk show. Didnt like FDR and Jews
Native Americans under FDR
Given land and opportunity to elect their council, built more schools.
Gap between rich and poor
Poor got poorer. Rich got richer
Fireside chats
Fdr spoke on the radio and people sat and listened
Popular movies during the 1930’s
Gone with the wind, seven dwarves, ????
Americans buying less
There wasn’t a circulation of money, less foods were bought, less wages, less money everywhere
Buying on credit
People used credit instead of real money and they didn’t have enough actual money for their credit
FDIC
Insured people money up to a certain amount for when banks lost money. People trusted banks more
Hoover’s belied about the needy
Rugged individualism
Dust bowl and it’s affects
Drought. Dirt storm and farmers moved to Cali
Banking system during the Great Depression
FDIC. (Made people trust banks more)
Social security act
Old age pension. Unemployment compensation. Welfare for disabled and children
FDRs views on civil rights
He did nothing bc he wanted to get re-elected
Buying on margin
Buying stocks on credit