usa crash - new deal Flashcards
who was the president at the time of the crash
hoover - a republican
what did hoover do to counter the crash
harvey smoot act 1930 - inceased tariffs by 50%, made 300$ million available to businesses but only gave out 30$ million
what and when was the bonus army march
20k veterans marched on washington demanding their bonus for fighting in ww1
breadlines what
where unemplyed people waited in lines for free food, in nyc ymca sold 12000 in one day
who made the new deal
roosevelt
what was roosevelts slogan
action and action now
what did hoover believe
crash was short term
rugged indivisualism
laissez faire
the new deal when
1933-44
new deal change 1
emergency banking act - clsoed banks for 4 days and were inspected , when reopened, people put their money back in
new deal change 1 ==
more banks lent more money to expanding businesses which made more jobs
change 2
cut the pay of everyone working in the government by 15%,
change 2 ==
saved nearly 1 billio $
change 3
prohibition ended!
beer act
change three ==
the gov could now tac alcohol
wjay did the new deal make
alphabet agencies
what was the agricultural adjsutment act
farmers were paid to destroy their crops
demand went up, prices went up
nra national recovery administration
encouraged fair working conditions and pau
workers should have the right to join a trade union
2.5 million firms , 22 million workers joined
how many firms joined the nra
2.5 million