Great depression 2 Flashcards

1
Q

Why was Europe extra affected?

A

Because they were still struggling from WW1.

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2
Q

What did the economical collapse cause?

A

It paved a way for powerful dictators.

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3
Q

Dictator in Germany that emerged:

A

Adolf Hitler.

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4
Q

Who rises to power in Italy?

A

Benito Mussolini.

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5
Q

What type of government is used during crising in Italy?

A

Fascism.

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6
Q

Give a short response of what fascism is.

A

A government system led by a dictator or group having complete power. Aggresive nationalism.

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7
Q

Who emerges in russia to represent the soviet Union?

A

Joseph stalon.

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8
Q

What type of government does russia/Stalon use?

A

Communism.

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9
Q

What kind of dictator/ruler was Stalon?

A

A Totalitarion dictator.

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10
Q

What is a totalitarion dictator?

A

One political leader or group has complete control while the rest of the country has no power.

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11
Q

How were bank runs prevented?

A

The federal government backed up the closed down banks to prevent bank runs. (FDIC)

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12
Q

What does the FDIC mean?

A

The the bank cant close and always has at least 250,000 dollars

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13
Q

What was the great depressions inmact on farms?

A

Farm prices were lowered, cutting farmers income I half.

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14
Q

What did farmers suffer from after going bankrupt?

A

Foreclosure

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15
Q

Unemployment rates nationally reached…

A

25%

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16
Q

Unemployment rates in Harlem reached…

A

50% in 1932

17
Q

After people lost their houses, where did they live?

A

They often lived in hoovervilles.

18
Q

What were hoovervilles named after?

A

President hoover.

19
Q

What were the houses/shacks mostly made of?

A

Bricks, wood, cardboard, or just about anything they could find.