Economic Developments: Depressions and Strikes interrupting Growth Flashcards

1
Q

When did a depression occur in the early 1890s?

A

1893

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2
Q

Name a political movement which emerged during the 1893 Depression

A

The Populist Party

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3
Q

What did the Populist Party support in terms of currency?

A

The Free Silver Movement

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4
Q

Why did the Free Silver Movement potentially being implemented act as a possible threat to the USA?

A

It would result in inflation

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5
Q

How did President Cleveland not help with economic difficulties faced by farmers in the 1890s?

A

In 1896 Cleveland took $62 million from J.P Morgan to support the Gold Standard

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6
Q

When was there a financial panic in the early 1900s?

A

1907

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7
Q

What happened in the 1892 Homestead Strike?

A

Federal troops were sent in to deal with the strike and killed 13 people

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8
Q

When did the American Railway Union cause a strike?

A

1893

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9
Q

What was the American Railway Union strike called?

A

The Great Northern Strike

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10
Q

Name 2 coal strikes that occurred in the 1890-1920 era

A

1902 Coal Strike, 1913 Ludlow Coal Strike

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