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Mullholand AM History Test > Great Depression > Flashcards

Great Depression Flashcards

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1
Q
  1. Did Historians agree or disagree about the causes of the Great Depression ?
A

No

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2
Q
  1. List 5 causes of the Great Depression
A
  • High Tariffs and war debts
  • Unequal distribution of wealth
  • overproduction in industry and agriculture
  • inconsistent Monterey policy
  • stock market crashed and financial
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3
Q
  1. What was wrong with the prosperity of the 1920s
A

The prosperity was not shared equally

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4
Q
  1. Which group was in a depression in the 1920s?
A

Farmers was in the depression in 1920s

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5
Q
  1. How could people afford all the new items available in the 1920s
A

Largely due to newly introduced installments… Credit

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6
Q
  1. Defined the words rural

and urban

A

Rural means to poor unchangeable

urban mean city and wealthy

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7
Q
  1. Which income group controlled 34% of the nations savings
A

Americans controlled 34% of the nations savings

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8
Q
  1. How much did total realized income rise between 1923 and 1929
A

74.3 billion two 89 billion in 1923 - 1929

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9
Q
  1. Explain what happened to the wages of unskilled labor’s in the 1920s
A

Those 80% of people lost their money because they didn’t have savings. 80% equals labors

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10
Q
  1. Why couldn’t Europe pay back their debts to the US
A

European nations of $10 billion but they are economics had been devastated by world war one

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11
Q
  1. How did the insistence of the US for Europe to pay back is a debt lead to the Great Depression .
A

Europe couldn’t purchase goods for the US which brought the Great Depression

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12
Q
  1. Which tariff passed by the US lead to a decline in world trade?
A

The Fortney – MC Cumbre act, instituted high tariffs on products. Eventually stops trade no money equals the great depression

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13
Q
  1. Why didn’t workers buy the products produced an American factories
A

The factories weren’t paying high enough for them to buy the product they sold.

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14
Q
  1. Compare the income of farm families with those of other families
A

American families made $750 while farmers made $273. ( One third of everybody’s else’s profited)

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15
Q
  1. Described farmers income in 1912 - 1913 with 1932 - 1933.
A

Higher income is 1912–1913 because the prices were not cheaper so they may more profit. This is considered a bull in the stock market

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16
Q
  1. What did Hoover believe what happened to pottery?
A

Hoover believed poverty will go away and everything will work it’s self out.

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17
Q
  1. Who campaign slogan was a “chicken in every pot?”
A

Hoover’s campaign slogan was “a chicken in every pot”!

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18
Q
  1. According to Hoover what was the most urgent economic problem?
A

According to Hoover the most urgent problem is agriculture – farming

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19
Q
  1. What happened to farmers income between 1929 and 1932
A

Farmers income decreased 7 billion to 2.5 billion from 1929 through 1932

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20
Q
  1. What is foreclosure sale
A

Banks will sell your house if you’re not paying the house rent or mortgage

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21
Q
  1. What happened in October 1929
A

The stock market crashed

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22
Q
  1. Give for reasons for the stock market crash
A

For causes/reasonings for the stock market crash were
– Stocks were over price due to speculation
- massive fraud and illegal activity
- margin buying
– Federal Reserve policy

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23
Q
  1. By how much did the value of shares ( dollars) on the NYSE decline between 1929 and 1933
A

1929 the shares were $89 in $19 in 1933

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24
Q
  1. Describe what happened to the number of banks between 1929 and 1933
A

Banks went from 25,568 to 14,771 and 1929 - 1933

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25
Q
  1. Describe what the federal government did to ease her depression under Hoover
A

Hoover didn’t make any attempts to fix the great depression he thought this problem would fix itself/wanted people to help themselves

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26
Q
  1. Name the tariff that only made things worse
A

The Smoot – Harley Tariff that passed to protect us businesses

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27
Q

27.List five depression events that happened in 1932

A 
The depression worsened 
– Industrial stocks prices down by 80%. 
-10,000 banks failed and lost 2 million in savings.
- over 13 million workers lost jobs
-66% of overseas trade declined
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28
Q
  1. What was the purpose of the RFC
A

The RFC made a loans to banks so the banks won’t close

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29
Q
  1. How did the Hoover dam project help out the depression
A

Hoover dam brought 5000 jobs for men

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30
Q
  1. Hoover proposed four solutions to end the depression which one do you think helped the most?
A

Creation of the RFC was the best solution to end the Great Depression

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31
Q
  1. What were Hooverville’s
A

The Hooverville’s where shantytowns ( homeless camps)

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32
Q
  1. Explain who were the bonus marchers
A

Bonus marchers were a group of WW I veterans, that have been denied war payments.

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33
Q
  1. How did President Hoover do with the bonus marchers
A

Hoover bro real soldiers with machine guns to intimidate the soldiers
- One killed /multiple wounded

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34
Q
  1. Who were the candidates in the 1932 election
A

The candidates in the 1932 election where Franklin Roosevelt and Herbert Hoover

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35
Q
  1. How many states in 1932 voted for Hoover
A

Five states

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36
Q
  1. What was FDR’s slogan in March 1933
A

FDR’s slogan in March 1933 was the only thing to fear is fear it self

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37
Q
  1. Name FDR’s campaign song
A

FDR’s campaign song was happy days are here again

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38
Q
  1. Describe FDR’s branch rush and list who was in it
A

FDR’s brain trust is the smartest people in the country trying to figure a solution out for problems

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39
Q
  1. Whose idea did FDR favor pump priming or trickle down
A

FDR favorite pump primping

Pump priming means get money to people

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40
Q
  1. Explain how John Maynard Keynes wanted to end depression?
A

John invented pump primping. Which means he wanted to give people money to end the depression

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41
Q
  1. What a business person favor pump priming or trickle down
A

Trickle down

Trickle down means invest business

42
Q
  1. What kind of power did FDR want in his first hundred days
A

FDR wanted total power

43
Q
  1. List for things FDR did in his first hundred days as president
A 
Four things FDR did in his first hundred days
– PWA
-Bank holiday
- fireside chats
-CCC
44
Q
  1. What were the three parts of FDR’s new deal
A

Reform, - banks fixed
Relief, - food to homeless
recovery - what to do next

45
Q
  1. What was a bank holiday? How did it help?
A

Bank holiday means closed bank for seven days so people wouldn’t panic. Yes it helped very much

46
Q
  1. What did the AAA pay farmers to do
A

The AAA paid 100 million to farmers, to plow up to the 40,000,000 acres planted for the 1933 season this became a price technique.

  • example the farmers will kill some of the pigs for no reason to raise the demand and bring up the supplies which will cause the prices to be higher
47
Q
  1. Give one possible result of AAA intervention
A

Farmers income raise 50%

48
Q
  1. What does NRA stand for?
A

National industrial Recovery Act

49
Q
  1. How did the NRA help workers ?
A

40 hour work week $.40 minimum wage.

50
Q
  1. What happened to the NRA in 1935
A

Declare unconstitutional by the Supreme Court

51
Q
  1. Describe the symbol of the NRA
A

An eagle that says we do our part

52
Q
  1. What is one example of a PW a project in Oregon
A

The Bonnerville Power Dam

53
Q
  1. What to were three things FERA did?
A

– Gave emergency checks

  • give matching grants to states
  • employment camps for women
54
Q
  1. What does CCC stand for
A

Civilian conservation corpse

55
Q
  1. Who was in the CCC and how much were they paid
A

Semi - military manner for youth 18 - 25 years old and they got paid $30 a month

56
Q
  1. TVA is short for
A

Tennessee Valley Authority

57
Q
  1. Explain why the TVA was a great success
A

A great success because it brought cheap power and it controls floods

58
Q
  1. What is a BOONDOGGLE
A

A boondoggle is a wasteful project or activity often involving Graphs.. a rip off

59
Q
  1. Describe the purpose of the CWA
A

Purpose of CWA if you set up 4,000, 000 men and women for work

60
Q
  1. What percent of homes did the HOLC save
A

HOLC saved 20% of homes

61
Q
  1. List three banking reform act under FDR
A

Glass Steagall – could you speculate in stock market
FDIC – always keep money no matter what if the bank loses it
SEC – Social Security
Getting rid of gold for back up for money

62
Q
  1. What did the FDIC do
A

FDIC Dash gets money back to owners if the banks loses it all

63
Q
  1. Who said “It seems the honeymoon is over” and what was his job
A

Supreme Court Justice

64
Q
  1. Did the American Liberty League support the New Deal
A

No, they feared FDR was turning the USA to socialism

65
Q
  1. Laissez - faire means
A

Allow to do, don’t regulate

66
Q
  1. Who were four left wings critics of FDR?
A

Huey Long -
Coughin
Townsend
Sinclair

67
Q
  1. Describe Huey Long
A

Long - Governor/ senator ( murder in 1935)

68
Q
  1. “Every man a king “ whose slogan?
A

Long and it meant that every person should be treated well .

69
Q
  1. Explain Huey Long’s “Share the wealth program”.
A

Nobody have more than 5,000 in debt
Nobody get to have over 1 million in the bank so the money will give away to different people.
Anybody over 60yrs old gets $200 a month

70
Q
  1. Explain the Townesend Plan
A

Anyone over 60yrs old gets $200 a month.

71
Q
  1. Father Coughlin was both anti capitalist and anti - Semite. What did this mean ?
A

Anti - Semite don’t like Jews and doesn’t like the USA system( you sell/ buy)

72
Q
  1. What was Upton Sinclair’s movement called? Do you know the name of the famous book he wrote years before about the meat lacking industry.
A

The movement was called the Epic and his famous boon was the jungle

73
Q
  1. What was proof that the American people backed the new deal program
A

Proof the people supported the new deal is the vote for congress ( democrats)

74
Q
  1. What percentage of WPA jobs were given to women
A

13 1/2 percent WPA jobs were given to women but they were paid the same

75
Q
  1. List some examples of WPA jobs
A

Built bridges, roads, public buildings, parks.

Funded Act programs ( sculpture, plays and acting)

76
Q
  1. How did the National Youth Administration help young people?
A

The NYA help young people by giving job training, keeping them all of the streets.

77
Q
  1. What are four parts of the Social Security Act? Which was considered the most important?
A
  • Unemployment/ Laid Off
  • Disabke Workers/ handicap
  • Deceased Workers / widows and children pay
  • Old age insurance/ retirement
78
Q
  1. Explain why the Francis Perkins was important
A

1st women to hold a cabinet position

79
Q
  1. In 1935 _________ of farms did not have electricity. By 1941, thanks to REA _______ had electrical power
A

90% of farmers didn’t have power in 1935. 40% frames had power in 194w

80
Q
  1. Was FDR for or against the unions
A

No, FDR loved unions

81
Q
  1. Describe the growth in unions membership under FDR
A

2.8 million to 11 million

82
Q
  1. Who was the CIO different from the AFL?
A

Robert, because he wrote lots of rules

83
Q
  1. How was the CIO different from the AFL
A

Admitted unskilled workers

84
Q
  1. Explain what a “sit -down” strike was. Give an example
A

Sit - down strike was at work.

Ex. General Motors ( GM)

85
Q
  1. Who were the servicemen hired by Ford and what was their jobs?
A

Servicemen were criminals that fought /broke up the strike

86
Q
  1. Explain the two cartoons on FDR’s landslide in 1936 election
A

The two cartoons are saying FDR has the perfect team to fix the country except Congers

87
Q
  1. Why was FDR angry at the Supreme Court
A

The Supreme Court kept declaring his laws unconstitutional

88
Q
  1. What was FDR’s court reorganization plan called and what did conservation accuse of him being
A

The Court Packing Scheme and the conservatives accuse him of bejng a dictator

89
Q
  1. What happened to the judiciary reform bill
A

The judiciary reform bill failed

90
Q
  1. What happened in 1937 when FDR had Congress cut money from government programs
A

There was a re-station in the stock market crash

91
Q

92.defined the word drought

A

Drought means no water at all dry

92
Q
  1. Described what caused the dustbowl
A

An area hit by a drought and wind and over plowing

93
Q
  1. List the states that were affected by the dust bowl
A

Colorado Kansas New Mexico Texas Nevada

94
Q
  1. What were Okies and where did many go?
A

Okies are from Oklahoma that move to California

95
Q
  1. How many black workers were without jobs
A

50%

96
Q
  1. Who was a supporter Black Rights
A

Eleanor Roosevelt

97
Q
  1. A large number of black voters switched from the ______ to the ______ party during the Depression
A

Republican to democratic

98
Q
  1. What we’re married women encouraged to do during the depression
A

Stay a mother and take care of everyone. Never work

99
Q
  1. What works event finally got us out of the Depression
A

WW2

100
Q
  1. How did the New Deal Change America
A
  • Banking Rules
  • The SCE ( stock market)
  • social security
  • Government got bigger
  • deficient spending ( spending money You don’t have )

Mullholand AM History Test (1 decks)

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