Exam 2 pt5 Flashcards

1
Q

Who was nicknamed “Silent Cal” and why?

A

Calvin Coolidge because when the press asked him a question, he replied with a one worded answer.

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2
Q

What did the Kellogg- Briand pact say? Who violated the treaty? Did it work?

A

They will never use war to advance their national agendas. Japan, Germany, England, France, and Italy use war to advance their agendas. No, it didn’t prevent WW2.

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3
Q

What treaty did Calvin Coolidge make? Who was it signed with?

A

Kellogg – Briand Pact was signed with England, France, Germany, Italy, Japan and China

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4
Q

Who spent his entire presidency trying and get out of the Great Depression?

A

Herbert Hoover

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5
Q

Why did the Prosperity cycle go down?

A

When people were not buying much product, workers got fired, wages weren’t used to buy items and cut back production.

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6
Q

The businesses try and find ways to cut cost by having machines do the work to enhance profits is called?

A

Technological Innovations

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7
Q

For agriculture what did farmers do?

A

Take out loans from banks to buy more land to grow more crops and now we have overproduction and can’t pay back loans.

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8
Q

What happened with the bank loans?

A

Banks gave out too many loans and did not do background checks to make sure loans could be paid back.

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9
Q

Overproduction in agriculture, industrial sector and banks loans is why what started to happen?

A

banks started to fall out

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10
Q

What happened to the stocks?

A

People put paychecks into stock markets and when the stock market crashed their lifesavings did as well. Suicides happen when they have no money to survive on.

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11
Q

What is it called when some parts of United States didn’t have access to wealth or jobs?

A

Misdistribution of wealth

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12
Q

Banks shut down, jobs, and our economy went down on October 20, 1929. What day is this known as?

A

Black Tuesday

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13
Q

What percentage of the nation’s banks shut down? / What is the highest unemployment rate? / How many people are homeless in America?

A

40%/25%/ 1 out of 4

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14
Q

USA loans money to Germany to charge interest and Germany used the money to pay back England and France. Germany is the first European nation to experience the great depression. Then England and France and then Europe collapse, then Asian markets collapse. Now the entire world is shut down. What plan is this called?

A

Dawes Plan

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15
Q

What is Hoovers phrase on the radio when referring to the great depression? / Does Hoover think the government should play a role in economic affairs?

A

” Crisis of Confidence” / no

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16
Q

What are the Washington conferences?? Did it work?

A

Hoover invited the captain of industries to the White House and hoover tried to get them to come together and try to figure out a way to fix the great depressions/ The Washington Conferences failed.

17
Q

What did Hoover create where Americans created schools’, roads, bridges, hiking trails, and playground to get people back to work?

A

Public Works

18
Q

How much did the public works cost to America to run the public work programs? What did Hoover do so that America could pay the money back?

A

$432 million / raised taxes.

19
Q

The government tried to buy the excess product from the market. What is this called?

A

Agricultural Marketing Act

20
Q

What is it called where people who lost homes and apartments go to live?

A

Hoovervilles or Shantey towns

21
Q

What is it called when people donate food and supplies to keep people in Hooverville alive and why is everything is named “Hoover”?

A

Hoover blanket and hoover plates. / To remind people you are in poverty because of Hoover.

22
Q

A government organization to try and funnel money across USA to keep banks doors open. What is this called?

A

Reconstruction Finance Corporation (RFC)

23
Q

What happened with the Bonus Army?

A

25 thousand Veterans march to Washington DC demanding bonus paychecks and sat outside the nation’s capital and Hoover made the decision to escort the men out of the Washington DC area and the media took photos of the army men being escorted out of Washington and this makes hoover look bad as if he has no sympathy.

24
Q

Cousin of Theadore Roosevelt, Governor of New York, Affected with Polio in his spine so he tried to hide from the public. He is the only American president that has been physically handicap. Who is this person?

A

Franklin Delano Roosevelt

25
Q

What was FDR slogan and what did the media say?

A

” A New Deal for American People” / “ Happy Days Are Here Again”

26
Q

Why did FDR say, “ The New Deal”? / What does he decide to make the “ New Deal” turn into?

A

To win election / Turn it into an experiment to see if the government can work the nation out of the depression and it fails.

27
Q

How long does “ A new Deal for the American People” last? / What is it?

A

6 years/ Experiment to see if the government can make enough programs to help the people out of the great depression.

28
Q

What are Fireside chats? / What does FDR say at the end of his first fireside chat?

A

Public addresses with the radio where he shares his thoughts on the new deal programs trying to gain public support. / “The only thing you have to fear is fear itself.”