Unit 2 (Great Depression) Flashcards
What was a cause of the Great Depression?
Overproduction in manufacturing and agriculture
Uneven distribution of wealth between social classes
Reliance on credit without safe lending practices
What caused the international circular flow of money to collapse?
Germany’s inability to pay off their new loans
What best describes America’s industrial economy before the Great Depression?
Focused primarily in a small number of basic industries
What we’re causes of the Dust Bowl?
Over farming that destroyed the native vegetation
Natural climate of the Great Plains
Government incentives that encouraged people to farm
How high did the unemployment rate in America rise during the Great Depression?
25%
What was the focus of Hoover’s response to the Great Depression?
Voluntary cooperation
What were problems women faces during the Great Depression?
They were blamed for the high unemployment rates
They were forced out of jobs in favor of men
They struggled with work and still being expected to manage family life
What WASN’T an additional challenge faced by minorities?
Being forced into low-paying jobs
What are the “3 R’s” of the New Deal?
Relief
Recovery
Reform
What did FDR use to calm the people down and connect with them during the New Deal?
Fireside chats
What were criticisms that people had of the New Deal?
It was socialist
It was unfair to those that were still working
It gave the federal government too much power
How did FDR attempt to respond to opposition from the Supreme Court?
court packing
What was NOT an outcome of the New Deal?
It achieved full economic recovery from the Great Depression
How did EBRA restore people’s faith in banks?
It provided government-supported deposit insurance
What groups of people faced job describing toon during the Great Depression?
Migrant workers
Women
Racial minorities
