Chapter 14 Flashcards

1
Q

Government buys surplus crops at guaranteed prices and sells on world market

A

Price supports

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2
Q

An arrangement in which on consumers can buy now, and pay later

A

Credit

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3
Q

Little towns consisting of shacks

A

Shantytowns or Hoovervilles

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4
Q

Paying a small percentage of stock, and borrowing the rest

A

Buying on margin

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5
Q

Buying stocks and bonds in hope of profit – ignoring risks

A

Speculation

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6
Q

The date when the market plunged

A

October 29th, 1929

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7
Q

The bottom fell out of the market in the nation’s confidence also known as October 29 of 1929

A

Black Tuesday

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8
Q

From 1929 to 1941 economy plummeted and unemployment went up

A

Great depression

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9
Q

Establish the highest protective tariff in US history

A

Hawley – Smoot tariff act

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10
Q

Major drought affected Kansas, Oklahoma, Texas, New Mexico, and Colorado

A

Dust bowl

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11
Q

Offering free or low-cost meals

A

Soup kitchens

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12
Q

Of people waiting to receivefood provided by charitable organizations

A

Breadlines

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13
Q

300,000 transients wandered the country riding railroad boxcars and sleeping under bridges

A

Hoboes

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14
Q

money or food given directly from the government to the needy

A

Direct relief

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15
Q

Well known photographer

A

Gordon Parks

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16
Q

What did farmers do during the Great Depression?

A

They grew more livestock and crops

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17
Q

What signaled the Great Depression?

A

Superficial Prosperity

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18
Q

What industries were not needed anymore?

A

Railroad, Mining, automobiles, construction, production of consumer goods and lumbering

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19
Q

What struggled the most during the Great Depression?

A

Agriculture

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20
Q

Helped farmer,like welfare does now

A

McNary Haugen Bill

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21
Q

What bill did Coolidge veto twice?

A

The Mcnary Haugen Bill

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22
Q

What was the effect of people having less money to spend?

A

They bought a lot less

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23
Q

What was bad about credit?

A

It put people in debt because they didn’t have money to pay it back

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24
Q

What happened to the uneven distribution of income?

A

Rich became richer/ poor became more poor

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25
What percent of American earned less than $2500 a year?
70%
26
What percentage of Americans income rose?
1%
27
How many houses were able to have a furnace or electric lights?
1/2 the houses in America
28
Who was the election of 1928 between? Who won?
Herbert Hoover and Alfred Smith/ Hoover won
29
Who was Hoover before the election?
Secretary of commerce under Harding and Coolidge
30
Who was Alfred Smith before the election?
Politician in New York
31
The measure bases on stock prices
Dow Jones
32
Period of rising stock prices
Bull market
33
What percentage of Americans owned stocks?
3%
34
When did the stocks fall and rise again?
Spetember 29,1929
35
What happened when stocks fell for the first time?
Investors sold their stocks
36
How many stocks were sold in October 1929
16.4 million
37
How much money did investors lose?
$30 billion
38
What did people do when banks were failing?
Withdrew money from their banks
39
How many banks closed in 1929?
600
40
How many banks closed in 1933?
11000
41
How many businesses went bankrupt?
90,000
42
How many people were unemployed?
25%
43
What other countries had problems in 1929?
Germany
44
Where did people who loss their homes live?
In parks/ sewers
45
How did homeless keep warm?
Covering in old newspaper
46
How did Blacks, and Latinos suffer?
Unemployment/ low wages/ racial violence
47
How many blacks were killed by lynching?
24
48
How did Mexicans leave the country?
They were either deported or led volunterily
49
Advantages of the rural life:
Farmers were able to grow crops
50
How many farmers went through foreclosure?
400,000
51
Effects of drought:
Crops didn't grow and there were not any trees or grass
52
Where did farmers in the rural areas travel to?
On Route 66, to California
53
What struggles did children have?
Bad health No welfare Little school Left hometown "wild boys"
54
Boy who rode the rails and explored America freely from ages 11-17
George Phillips
55
How many kids were killed on trains? Injured?
Killed- 24,647 | Injured- 27,171
56
What was the suicide rate?
30%
57
How many more people were admitted to mental hospitals?
3 times more people
58
People stopped going to..:
The doctor and dentist
59
How many schools closed in 1929?
2,600
60
People who left The dustbowl to find work in the west
Okies
61
Created specifically to provide jobs, education, counseling, and recreation for young
National youth administration
62
Reestablish the NIRA provision of collective-bargaining
Wagner act
63
Created by committee chaired by secretary of labor Frances Perkins. Stated old age insurance for retirees 65 or older and their spouses, unemployment compensation system, aid to families with dependent children and the disabled
Social Security act
64
America's first female cabinet member
France's Perkins
65
Educator who dedicated herself to promoting opportunities for young African-Americans
Mary Mikell McLeod Bethune
66
Commissioner of Indian affairs
John Collier
67
And alignment of diverse groups dedicated to supporting the Democratic Party
New Deal Coalition
68
The most famous film of the era
Gone with the wind
69
And actor, director, producer, and writer creative one of the most renowned radio broadcast of our times, " The war of the worlds"
Orson Welles
70
Painter of American Gothic
Grant wood
71
An African American author, complete his acclaimed novel native son
Richard right
72
John Steinbecks famous book
Grapes of wrath
73
Who struggled the most during the Great Depression
Industries and farmers
74
What wasn't needed anymore
Railroads, mining, lumbering
75
What percentage of people didn't have a job
1/4
76
5 causes of the Great Depression
Stock market crash, bank failures, reduction in purchasing abroad, American economic policy with Europe, drought conditions
77
What was emphasize on the American family
Family time
78
Children hardships during the Great Depression
Bad health problems, little milk consumption, child welfare was gone, School was shortened
79
Children that guy don't trains to search for new life were called
Wild boys
80
What was the government chief job
Faster cooperation between competing groups an interest in society
81
What was required and died by Americans people succeed without the government help
Rugged individualism
82
What did Hoover oppose
Direct relief and welfare
83
What was over $700 million project in order to minimize federal intervention
The building of the border dam
84
Did the Hoover dam provide
Electricity, flood control, and supply of water
85
How did farmers express their anger
They sold their crops at low prices, burned their corn and wheat, and dumped milk on the highway. They refuse to work on "farm holiday" and blocked roads to the market
86
What was the name of the empty pockets inside out
Hoover flags
87
What intended to re-scrap prices by helping members to buy crops and keep them off the market until markets rose
Farm board
88
Lowered mortgage rates and allowed farmers to re-finance their farm loans to avoid foreclosure
Federal home loan Bank act
89
The 10,000 to 20,000 WW1 vets and their families that came to DC
The bonus army
90
Who was the bonus army led by
Walter waters
91
Authorize the government to pay the World War I that you were not compensated for their service
Patman Bill
92
Who did Hoover think the bonus army was
Communists and criminals
93
Who were the 1000 soldiers under control
General MacArthur
94
Who won the election between Hoover and Franklin Roosevelt
Roosevelt