ROARING 20's Flashcards

0
Q

“Black Tuesday”

A

The day the stock market collapsed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
1
Q

2 big issues that hurt GA Farmers

A
  1. Drought

2 Bull weevil (bug that ate cotton)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Contributing factors of the Great Depression

A
  • stock market crash
  • credit card use
  • government did not skip in to help
  • people lost jobs
  • banks closed
  • businesses failed
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Great Depression

A

1929-1940’s

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Why did Georgia barely notice the Great Depression?

A

Because GA was already in a depression

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Who was blamed for the depression?

A

President Hoover ( he believed the government should not interfere in the economy)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

“Laissez faire”

A

Give a little help

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

FDR

A

Democratic President in 1932. Promised Americans a “new deal” and had a GA connection

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

“New deal” laws

A

Created jobs, helped farmers and regulated banks and businesses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

CCC

A

Civilian conservation corps

  • gave construction jobs to young single men to work on state parks, airports, etc…
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

AAA

A

Agricultural Administration Act

  • helps farmers by giving them cheap loans and paying them subsidies to not grow so much
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

REA

A

Rural Electrification Act

  • gave cheap loans to electric companies to bring electricity to farms
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

SSA

A

Social Security Act

  • retirement payments to old folks and elders in need
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

FDIC

A

Federal Deposit Insurance Company

  • the federal government and bank deposits
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Everybody loved the new deal except…

A

GA governor Eugene Talmage

  • racist but, popular in rural counties. He was elected by unit vote
How well did you know this?
1
Not at all
2
3
4
5
Perfectly