Great Depression Flashcards

1
Q

Buying on margin

A

10% down on stocks and 90% borrowed

Major cause of market crash of 1929

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2
Q

Percent of unemployment after depression of 1929

A

25%

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3
Q

Hoovervilles

A

Tent city’s people lived in during the 1929 economic crisis

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4
Q

Worst year of the Great Depression/ worst economic year in American history

A

1932

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5
Q

What was FDR’s relation to TR

A

TRs younger cousin

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6
Q

Everyone thought what about young FDR

A

He was a rich boy cousin of TR which is why he got the jobs he did

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7
Q

Two things that changed FDR’s life

A

Married his cousin Eleanor

Contracts polio

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8
Q

When did FDR contract polio

A

Summer 1921

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9
Q

3 ways polio changed him( FDR)

A

Being in a wheelchair

Warm springs Georgia

People abandon him

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10
Q

In 1928 FDR is —-

A

Governer of ny. Watches Hoover fuck up

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11
Q

FDR elected in—-

A

1932

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12
Q

21st amendment

A

Makes liquor legal again

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13
Q

Radio chats where FDR would explain his policies and ideas. Made people feel close to him.

A

Fireside chats

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14
Q

FDR would close banks for a few days so that no transactions would occur and that way he could get a handle on the situation and make changes

A

Bank holidays

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15
Q

FDIC

A

Federal deposit insurance corporation

Gaurenteed a persons money in the bank up to a certain amount

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16
Q

HOLC

A

Home owners loan corporation

Farm & home owners would get help financing existing mortgages to keep homes and farms

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17
Q

fSA federal securities act

A

Restructured the stock market so hopefully it would no crash

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18
Q

NIRA or NRA

A
National industrial recovery act 
Established four things 
Fair bus practices
Price setting 
Minimum wage
Unions the right to collective bargaining ( overturned by supreme c)
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19
Q

AAA

A

Agricultural adjustment act

Gov. Controlled food grown by farmers and subsidized crops

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20
Q

TVA

A

Tennessee valley authority

Brought power to south east. Hydroelectric power plants & dams

21
Q

CCC

A

Civilian Conservation corps.

Gave young men jobs replanting forests

22
Q

3 causes to Great Depression

A

1) overproduction of goods
2) overproduction of farming ( dust bowl )
3) stock market crash

23
Q

PWA

A

Public works administration

Gave jobs building roads, sewers, public buildings

24
Q

How much did CCC pay

A

1 dollar a day

25
CCC gave how many jobs
Over 2 million
26
WPA
Works progress administration Gave construction jobs but also set of jobs for artists
27
Works progress administration | 2 sub sets
Federal writers project Federal theater project
28
Wagner act
Supported three things for unions Right to organize Collective bargaining Prevented a black list
29
Out of the Wagner act came what
NLRB | National labor relations board- enforces Wagner act idea
30
CIO And who formed it For who
Congress of industrial organizations John L. Lewis Unskilled workers
31
Indian reorganization act.
Ended the Dawes act. Allowed Indians to live on own land encouraged tribal self government
32
Good neighbor policy
Us will stay out of Latin American affairs
33
Fair labor standards act
44 hour work week Outlaws child labor( under 16) Minimum wage reinstalled France's Perkins
34
Woman who witnesses triangle fires and became first woman appointed to presidents cabinet
Frances Perkins Secretary of labor
35
Play about labor unions that led to the cutting of funding to the federal theater project
Cradle will rock
36
Who runs for gov. Of California in 1934
Upton Sinclair
37
When does Hitler officially take over Germany
Jan 30 1933
38
Munich agreement
Give hitler the sudatin land if he promises not to take anything else
39
What event officialy starts world war 3
Germany invaded Poland
40
Date Germany invades Poland
Sept. 1 1939
41
America first
Isolationist group Most well know member Charles Lindberg
42
First person to fly to Europe
Charles Lindberg
43
Name of the plane Lindbergh flew to Europe
Spirit of at. Louis
44
First peacetime draft in American history
1940 selective training and service act
45
1940 FDR elected- significance
3rd time
46
1041 lend lease program
Gives tools of war to Europe Arsenal of democracy
47
A Philip randolf
Asks FDR to pass law saying that blacks have to get jobs in the lend lease / war effort
48
June 1941 Hitler makes the mother of all mistakes
Attacks Russia