Gd Flashcards

0
Q

Recovery

A

Programs to restart economic growth

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1
Q

Recession

A

Gov. Cut funding for new deal programs

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2
Q

Reform

A

Prevent causes of gd

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3
Q

Relief

A

Ease suffering of American ppl

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4
Q

Margin buying

A

Buy stocks//risk of losing money while hoping prices will go up

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5
Q

Trickle-down economics

A

Giving $ to wealthy//hope it will pass down to poor

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6
Q

Wet

A

People against prohibition

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7
Q

Hawley-smoot tariff

A

High protective tariff//farmers lost 1/2 of income

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8
Q

Fireside chats

A

Radio broadcasts by FDR

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9
Q

Dry

A

Ppl for prohibition

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10
Q

Credit

A

Money bank will let you use//pay back later

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11
Q

Broker state

A

Working out conflicts between diff. Interests

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12
Q

Brain trust

A

Experts who advised FDR and his new deal programs

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13
Q

20th amendment

A

Moved up presidents inauguration date

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14
Q

Causes prices to change

A

Supply- more product
Price down=more demand
Higher desire=higher price

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15
Q

Role of govt in economy

A

Create new jobs//new deal

16
Q

Effects of the stock market crash

A

Hungar//salaries cut//tariffs

17
Q

FDRS first days as president

A

Set up new deal//closed all banks

18
Q

Hoovervilles

A

Makeshift community

19
Q

Dust bowl

A

Drought//dirty

20
Q

Father coughlin

A

Radio show about policies// tax wealthy-everyone gets income- elderly gets money

21
Q

Flaws of the U.S. Economy before the crash

A

Over speculation//too much money//trusted banks too much

22
Q

Hovers response to the crash/GD

A

Part of a passing recession

23
Q

Supreme Court packing controversy-what was it what effect did it have?

A

Changing how govt ran//unsucccessful

24
Q

1937 recession-what was it what good game out of it

A

Production profits raised//ppl had more jobs

25
Q

Legacy of the new deal

A

Created new jobs//restored hope

26
Q

Bonus army

A

Shoulders marched on dc//didn’t get rewards for fighting

27
Q

Causes of stock market crash

A

Lost market value//led to GD//ppl unemployed more

28
Q

Reconstruction finance corp

A

Provided financial support to govt. made loans