FINAL EXAM Flashcards
drought, wind, poor farming technique
Dust Bowl
many dust bowl victims moved to
California
Written by John Steinbeck, it depicts the grim lives of Okies fleeing the Dust Bowl
Grapes of Wrath
Black Tuesday 1929
Stock Market Crash
putting down of payment and borrowing the rest
stock on margin
Causes of the Great Depression
- decreased demand for industrial gods
- Americans living on credit
- unregulated stock market and banking systems
Initially believed the economy would “fix itself”
President Nixon
Boulder Dam
provided jobs & water for California agriculture
Hoovervilles
homeless communities, people conveyed their disgust with hoveer
Movies
served as an escape from Depression in the 1930s
President Roosevelt & New Deal
domestic reform plan to fix the economy
Fireside Chats
most Americans during the 1930s got their news from the radio
FDIC (Federal Deposit Insurance Corporation)
protects saving your money in case of bank failure
WPA (Works Progress Administration)
work program also hired artists, musicians, actors
TVA (Tennessee Valley Authority)
regional development in severely depressed area, built and renovated 25 dams
Social Security
pensions fro retired workers also provided assistance for children and the disabled
federal deficit
-federal government debt
-government is spending more than it’s taking in
-amount of federal debt added in a fiscal year
Supplying WWII finally ended
the Great Depression
Despite the rise of militarists and dictators in Japan, Germany, and Italy
US decided tried to remain isolated from European conflicts
Atlantic Charter
meeting between Churchill and Roosevelt where they outlined peace goals for the post-war world