the great depression Flashcards
what was roosevelt’s reaction to troubles with the supreme court?
the supreme court declared his laws unconstitutional. roosevelt tried to hire new judges, but it made people disagree with him. however 7 judges ended up retiring.
what happened to banks?
they loaned money to stock brokers who couldn’t pay it back. also after the stock market crashed everyone tried to take out their savings at once. the bank didn’t have enough money to they had to close
why did people oppose the new deal?
it didn’t create jobs, it just changed the employer. people also thought it was a step toward communism and socialism
how did the great depression affect african americans?
they often lost their jobs before white people. had a 50% unemployment rate
how did the great depression affect mexican americans?
americans thought they created more job competition and wanted to send them back to mexico
how did the great depression affect asian immigrants?
the us didn’t let immigrants in anymore. immigration rate sygnifigantly lowered
cycle of unemployment / economic slowdown
businesses didn’t have enough money so they fired people. unemployed people had less money to support other businesses. those businesses had to fire more people.
indian new deal
expanded native american reservations, which gave them more authority
why did people fear the new deal was a step toward communism and socialism?
the government made programs that did things actual businesses already did. this created competition against the government
what happened to some of the new deal laws?
declared unconstitutional
what happened in the first 100 days of roosevelt’s presidency?
15 laws passed
what was the impact of the great depression on women?
they had to find ways to make money at home like boarders and laundry. jobs were often given to men first
What was Huey Long’s criticism of the new deal?
he thought it wasn’t doing enough, he believed the same thing but more extreme - “Share the wealth club”. resembles socialism
why didn’t the government notice the economic slowdown during the 1920s?
they didn’t have statistics and records to track the economy. they also believed stock values would keep going up
the day the stock market crashed
october 29, 1989
the right to make a union
wagner act
former president and critic of the new deal
herbert hoover
when the government spends more than it takes in
deficit spending
severe drought in the south
dust bowl
ccc
civilian conservation corps. had men planting trees, building bridges, and working on flood control (civilians helping with conservation)
pwa
public works administration. hired people for government works projects
tva
tennessee valley authority. more jobs building damns and planting forests to help with soil conservation
wpa
works progress administration. hired jobless people to make clothes, build things, and create art
fera
federal emergency relief act. gave money to state and local agencies for food and clothes
nira
national industrial recovery act. required industries to follow certain codes and wages
aaa
agricultural adjustment act. paid farmers to plant less crops in order to bring the prices down
fdic
federal deposit insurance act
