depression quiz makeup Flashcards

1
Q

Roosevelt

A
New deal
more gov involvement
fireside
holiday banking
relief recovery reform
deficit spending theory
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2
Q

Hoover

A
trickle down theory
less government involvement
mostly European problem
phase of cycle
rugged individualism
volunteerism
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3
Q

Great D legacy

A
New deal
social security
economic safeguards
banking safeguards
antitrust reinforcement
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4
Q

ww2 causes

A
unequal wealth distribution
stock market speculation
buying on margin
excessive credit
raised interest rates
hawley tarrifs
consumer durable goods overconsumption
global economy, europe interconnected
lack gov oversight, regulations
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5
Q

unregulated 20s

A

supply outstrip demands (EDG)
stop buying, so factories stop making and hiring, so people stop making money
cycle slows then stops
people run on bank but bank spent all and lost money
property taken as payment and people homeless
hoovervilles and hoover as president

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6
Q

new deal weaknesses and strengths

A

strength
fixed banking, reforms, jobs
weaknesses
debt, deficit spending common, expand goutride

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