The great depression Flashcards
Give instances to support the great boom in USA
- Economic victor of the war.
- Passed economic rivals- Britain and Germany
- Sold a variety of new things, the roaring 20s
- Advertising became a huge new deal
- New economic policies.
- Trade association which led to the development of large coorporations.
How did the depression affect the people?
- Investors suffered a great loss
- banks also suffered.
- People fell into unemployment
- Hoovervilles
- Affected Germany
What was the green new deal?
the green new deal was a number of schemes intro by FDR from 1933 to1940, to provide relief for people in poverty, recovery from unemployment and reform to build the economy from suffering in the future.
The New Deal
- Banking and financial systems, security comissions act
- Farmers Relief Act
- Civilian conservation corps
- National industry recovery act
- Social security act and the federation public admisnistration
- Working conditions - wagner act and the Fair labourers standard act
New Deal - opposition
Businessmen, the state government, the supreme court, the socialists and the people.
When did US enter the 22 world war
US entered the 2ww when the Japanese bombed their American naval base at Pealr harbour on Dec 7th, 1941
What was the Wall street Crash?
In Sep 1929, the buying of shares in the new york exchange wall began to slow down which made people think that the boom was over which made them sell shares in a rush. Black Thursday
What was Black thursday
Oct 24th. 13 million shares were dumped on the exchange wall for very low prices.
What caused the great depression?
- Domestic overproduction
- Maldistribution of income
- Exports began to dry away
- Speculation
