Economic Developments: Depressions and Strikes interrupting Growth Flashcards
When did a depression occur in the early 1890s?
1893
Name a political movement which emerged during the 1893 Depression
The Populist Party
What did the Populist Party support in terms of currency?
The Free Silver Movement
Why did the Free Silver Movement potentially being implemented act as a possible threat to the USA?
It would result in inflation
How did President Cleveland not help with economic difficulties faced by farmers in the 1890s?
In 1896 Cleveland took $62 million from J.P Morgan to support the Gold Standard
When was there a financial panic in the early 1900s?
1907
What happened in the 1892 Homestead Strike?
Federal troops were sent in to deal with the strike and killed 13 people
When did the American Railway Union cause a strike?
1893
What was the American Railway Union strike called?
The Great Northern Strike
Name 2 coal strikes that occurred in the 1890-1920 era
1902 Coal Strike, 1913 Ludlow Coal Strike