History testttt :) Flashcards
What were the 3 R’s of FDR’s New Deal?
Relief, Recovery, Reform
The New Deal aimed to provide relief for the poor, recovery of the economy, and reform of the financial system.
How were children negatively impacted during the Great Depression?
They lived in poverty, lacked families, received no education, and had to work.
Many children were abandoned and faced severe hardships.
What does it mean to buy stock on the margin?
To buy stock without having the money upfront and promise to pay later.
This practice contributed to the stock market crash.
How were Black Americans negatively impacted by the Great Depression?
They faced racial discrimination, joblessness, and poverty.
They were often the first to be cut from jobs and wages.
What major event officially ends the Great Depression?
America’s involvement in World War II.
The bombing of Pearl Harbor in December 1941 marked a significant turning point.
What is a labor-saving device?
A device that saves time and increases convenience.
An example is the washing machine, which reduces time spent on laundry.
What did labor-saving devices allow people to do with their free time?
Work more and engage in relaxing activities.
It provided more time for leisure and other important tasks.
Define consumerism.
The act of people buying goods.
It was a significant aspect of the 1920s culture.
Define communism.
When the government controls everything, including other countries and their decisions.
It was a contrasting ideology to capitalism during the 1920s.
Define nativism.
Protecting people who face racism.
It often led to exclusionary practices against immigrants.
Define racism.
Treating people unfairly based on skin color.
This was a prevalent issue in the 1920s.
Define isolationism.
Remaining apart from other people or things.
It reflects the attitude of the U.S. in the 1920s towards foreign conflicts.
Who were the targets of the KKK during the 1920s?
African Americans, nativists, and people with different beliefs.
The KKK held parades to express their discontent with these groups.
What was the Great Migration?
The movement of African Americans from the South to the North to escape discrimination.
In the North, they found better opportunities and less hostility.
Was Prohibition a success or a failure?
A failure.
It was banned after a few years due to widespread crime and disregard for the law.
How did installment buying and the use of credit negatively impact America’s economy?
People did not pay their debts, causing banks and stock markets to crash.
A flawed credit system contributed to the severity of the Great Depression.
Define Dust Bowl
When the region of the Great Plains experienced a drought in 1930 lasting for a decade, leaving many farmers without work or substantial wages.
Hoover
31st President of the United States (1929-1933). Often blamed for the crash of the stock market and economic collapse.
New deal
A series of reforms enacted by 1933-1942 with the goal of ending the Great Depression. Included the “alphabet agencies” to help Americans recover.
Roosevelt (FDA)
32nd president of the United States (1933-1945). Remembered for creating the New Deal and giving more power to the central government.
3 r’s
Immediate help/aid, restart the economy and put people back to work, and make permanent changes to ensure financial stability in the future. Relief, recovery and reform.
Black Tuesday
October 29, 1929. The day Wall Street and the New York Stock Exchange collapsed.
High Consumer debt
Individuals had purchased too much on installment and credit and had no way to pay back their debts
Weaken federal reserve
The nation’s top bank did not monitor or regulate banks around the country
what happened with High Tariffs
Trade went down between countries due to high international taxes
what is Over speculation on stocks
People over invested and used money they did not have to invest in the stock market
What happens Farmers/bussinesses over produce
Workers and farmers made too many products and grew too much food. They could not sell everything they produced
When the stock market crashed
People panicked and sold all of their stocks, causing the market to plunge and crash
What is the 18th amendment
First proposed to Congress as the Volstead Act. Was eventually added to the Constitution making the sale, transportation, and production of alcohol illegal.
What is the immigration act of 1924
Law that instituted a quota for immigration to the United States. Restricted immigrants to 2% of the existing ethnic populations as of 1890. This law targeted “undesirable” immigrants from Europe and barred Asians all together.
What are Jim crow laws
Laws that segregate society and public facilities based on race including restrooms, public transportation, restaurants, & schools.
What is the 21st amendment
Reversed prohibition in the United State. This addition to the Constitution made alcohol legal again after over a decade of going “dry.”