Ff De Wall Street crash y new deal 1 Flashcards
Causes of wall street ( 1929 )
- long term probs of economy
- banks
- trade probs
- speculators
- over production
How many ppl living under poverty line ?
40%
How many speculators have shares in 1929?
20mill
How many speculators brought on credit?
600,000
How much lent from banks to speculators.
9bn
How much did production feel (1928-1933)
40%
In black thursday were being traded
13 m
In black tuesday how many shares were being traded?
Exact date of this day
16 m
29th october 1929
How much of their wealth did the Vanderblitz lost?
40m
What % of their wealth did the Rockefeller family lost?
80%
Consequences of great Depression?
- homelessness
- banks failed
Migration
Collpase of int trade
Widespread poverty
Unemployment
How were the shanty towns called?
Hoovervilles
Unemployment in 1933.
25% ( 14 m )
How many ppl unemployed every year?
12,000
How many ppl unemployed in Toledo?
80%
Ppl unemployed in Cleveland
50%
How many banks failed in:
1929:
1930
1933
659
1,352
3,000
Collapse of int trade
From which number to which it decreased & years
10 b( 1929 - 3b ( 1932)
How many farmers migrates from mid -west to california
2m
How many farmers lost their land in 1932
1/20
How many ppl died from starvation?
45 ppl?
How many americans stopped paying mortages?
250,000
How many votes did FDR get in the elections of 1932?
23 million
How many did hoover achieve?
16 million
When were the alphabet agencies created?
March-June 1933
What was FERA? how much budget did they have and in what did they spend it.
Federal Emergency Admin
500m$ on homeless & hungry ppl
What did CWA stand for?
Civil work administration
How many airports, roads built by CWA
500 airports
800,000 km of raods
How many ppl employed in CWA
In which month did the CWA end?
4m
April 1934
what did PWA stand for?
Public Work Admin
Whag did the PWA build?
Bridges, dams, railways
How many schools did the PWA build?
70% of schools
How many hospitals built by the PWA?
35% of hosps
What did AAA stand for?
Agricultural Adjustment Admin
What did the AAA do?
How many pigs did they slaughter?
Destrued crops- profit for farmers
Avoid over production
6m pigs slaughtered
What does TVA stand for
Tennessee Valley authority
How many dama did the TVA
21 massive dams
What did the TVA do?
Electrification of countryside
Irrigtation of “ dustbowl”
Forests were planted
What did CCC stand for.
Civilian conservation of crops
What did the CcC do?
Employed men from age 18-25
Provide voluntary employment
300K -1933
2.5m - short term employment
What did NRA stand for?
National Industrial Recovery Act