Great depression and FDR's new deal Flashcards
Stock Market Crash
Prices inflated from…
Prices inflated from over-speculation and buying margin
Stock Market Crash
… sell off spins out of control
Stock sell off spins out of control
Bank Failures
Fear of …. cause many…
Fear of closings cause many with-drawls
Bank Failures
No … against bank closings
No Insurance against bank closings
Thousands of … close
Thousands of banks close
The New Heroes were …
Bank ….
The new heroes were bank robbers
The New heroes were…
….. and Clyde
One of the new heroes were Bonnie and Clyde
The New Heroes were…
….
The new hero was also, John Dillinger.
President Herbert Hoover
- Signs protectionist …. which only worsens the Depression
- He opposes direct… relief efforts
- …. wins 1932 election
A1. Signs protectionist HAWLEY SMOOT TARRIFF which only worsens the Depression
A2. He opposes direct FEDERAL relief efforts
A3. Franklin D. Roosevelt wins 1932 election
Franklin D. Roosevelt
- Democratic …. from NY
- Promises that …..
- starts planning his “first….”
- Calls reforms his”….” for Americans
- Makes more … Government
A1. Democratic GOVERNOR
A2. Promises that “HAPPY DAYS ARE HERE AGAIN”
A3. Starts planning his “first 100 DAYS”
A4. Calls reforms his “ New deal” for Americans
A5. Makes a more ACTIVE government
Relief
- …. help
- …. and support
- FERA
Relief lend immediate help and money support to people using FERA, which stands for Federal, Emergency, Relief, and Admin system.
Recovery
Recovery lend a hand to people by ,….. jobs and programs, and ….demand
The WPA
AAA
TVa
Recovery lend a hand to people by, Temporary jobs and programs, and restart demands.
Th WPA (work progress admin) helped unemployed people
The AAA ( Agricultural Adjustment Act) Helped farmers
The TVA ( The Tennesse valley authority) lend a hand to people by providing them with electricity because of the dust Bowls.
The dust bowl
- Drought and … dry up land and huge _____ spread across the US.
Drought and Over-farming ___ dry up land, and Huge __Dust storms __spread across the US
Criticism
- ____ government, and ____ spending was mainly criticized among people .
- _BIG___ government, and _Deficit ____ spending was mainly criticized among people.
Legacy of The New Deal
- ________ takes on a larger role in people’s lives , and many ______ are still in existence to this day .However, US never fully recovered from ______until, _____.
- Government takes on a larger role in people’s lives, and many __programs_____ are still in existence to this day.However, US never fully recovered from ____Depression__. until, ___WW2___