exam 1, the great depression Flashcards

1
Q

unequal distribution of wealth

A

causes for great depression

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2
Q

high tariffs interfered with flow of goods between countries

A

causes for great depression

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3
Q

high war debts

A

causes for great depression

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4
Q

overproduction (industry and ag)

A

causes for great depression

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5
Q

consumers lacked sufficient funds to purchase outputs

A

causes for great depression

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6
Q

worked wages failed to keep up

A

causes for great depression

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7
Q

international trade declined

A

causes for great depression

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8
Q

inconsistent monetary policy

A

causes for great depression

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9
Q

bankers made unsound loans

A

causes for great depression

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10
Q

“get rich quick” bid up the prices of real estate and stocks

A

causes for great depression

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11
Q

stock market crash in oct. 1929

A

causes for great depression

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12
Q

hunger, poverty, unemployment

A

effect of great depression

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13
Q

worldwide economic crisis

A

effect of great depression

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14
Q

democratic victory in 1932 election

A

effect of great depression

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15
Q

roosevelt’s new deal

A

effect of great depression

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16
Q

the us no longer had a forntier with its economic oppertunities

A

why the GD was so severe

17
Q

the us economy had become primarily industrial

A

why the GD was so severe

18
Q

depressions were not limited to the US, occurred worldwide.

A

why the GD was so severe

19
Q

managed deficit spending/budeting

A

new deal

20
Q

set up public works administration

A

new deal

21
Q

reformed banks and social sucurity

A

new deal

22
Q

controlled production (ag. )

A

new deal

23
Q

encouraged consumption and promoted mass purchasing powers

A

new deal

24
Q

instilled optimism for Americans

A

new deal

25
Q

extended presidential power

A

new deal

26
Q

interfered excessively with free enterprise and social experiments

A

new deal

27
Q

increased number of federal employees

A

new deal

28
Q

created welfare states

A

new deal

29
Q

expanded federal power

A

new deal