US HISTORY: 1920 Flashcards
The FDIC (Federal Deposit Insurance Corporation) was designed to
Strengthen consumer confidence in the banking systems
President Hoover believed relief programs would
Destroy individual initiative
The fourteen points proposed by president Wilson can be described as a statement of principles that
Would govern the postwar world and create world peace
The US became a consumer culture in the 1920s because of blank and blank encouraged blank.
Advertising
Installment payments
Buying
People believed in never ending blank and this promoted heavy increases in blank
Prosperity
Stock speculation
In the 1920s people believed in
Borrowing and spending
The 1925 scopes trial involved a conflict between blank. His conviction supported
Science and religion
Traditional fundamentalist values
Reasons for the Great Depression:
High blank
Farmers blank and faced blank that caused prices to fall banking policies were blank and led to the
Protective tariffs
Overproduced
Competition
Unsound
Over expansion of credit
Franklin Delano Roosevelt supported direct blank. His blank programs demonstrated a belief that the blank government must condemn itself with the blank
Relief to the unemployed
New deal
Federal
People’s economic well being
FDRs moody pressing problem when he became president was
Unemployment
The new deal program designed to correct abuses in the blank was called the
Stock market
Securities and exchange commission
FDRs new deal plans sought to solve the problems caused by the blank
Great Depression
The federal government attempted to improve blank economy by blank of agricultural goods.
Farm
Reducing the production
The new deal program about agricultural goods was called the
Agricultural adjustment act
The federal government even supported programs to blank
Support the arts