usa crash - new deal Flashcards

1
Q

who was the president at the time of the crash

A

hoover - a republican

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

what did hoover do to counter the crash

A

harvey smoot act 1930 - inceased tariffs by 50%, made 300$ million available to businesses but only gave out 30$ million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

what and when was the bonus army march

A

20k veterans marched on washington demanding their bonus for fighting in ww1

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

breadlines what

A

where unemplyed people waited in lines for free food, in nyc ymca sold 12000 in one day

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

who made the new deal

A

roosevelt

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

what was roosevelts slogan

A

action and action now

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

what did hoover believe

A

crash was short term
rugged indivisualism
laissez faire

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

the new deal when

A

1933-44

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

new deal change 1

A

emergency banking act - clsoed banks for 4 days and were inspected , when reopened, people put their money back in

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

new deal change 1 ==

A

more banks lent more money to expanding businesses which made more jobs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

change 2

A

cut the pay of everyone working in the government by 15%,

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

change 2 ==

A

saved nearly 1 billio $

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

change 3

A

prohibition ended!

beer act

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

change three ==

A

the gov could now tac alcohol

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

wjay did the new deal make

A

alphabet agencies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

what was the agricultural adjsutment act

A

farmers were paid to destroy their crops
demand went up, prices went up

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

nra national recovery administration

A

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 well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

how many firms joined the nra

A

2.5 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

how many people joined the nra

A

22 million

20
Q

name three alphabet agenies

A

AAA, NRA,CWA

21
Q

what was the cwa

A

civil works administration
created jobs for hte uneplyoed like architects builders and even artists
== 4 million men

22
Q

how many men employed in cwa

A

4 million

23
Q

successes of the new deal for farmers

A

rose the proce of crops and lent money to farmers

24
Q

successes of the new deal for african americans

A

200,000 foudn jobs at the ccc

25
Q

what was the ccc

A

civiilain conservation corps - emplyed 18-25 year olds to plant trees dig canals
ended malaria by eradicating mosquitoesq

26
Q

idnian reserce act 1934

A

allowed native americans to anage their own affairs such as law courts
incrwased the land avaailbe and gave laons so they could buy land and farming equipment

27
Q

failures of the new deal for african americans

A

the ccc continued to discriminate and campsites were segreagted

28
Q

why did fdr not counter racism

A

HE WAS AFRIAD OF LOSING SOUTHERN SUPPORT

29
Q

what happedned in 1936 to the aa funding

A

he cut the funding and this meant 3 million jobs were lost

30
Q

failures of the new deal for unions

A

3 million days were lsot due to strieks , by 1932, this rose to 15 million

31
Q

what was unemployemt at 1938

A

10.5 million

32
Q

1930 one in whatr were unemplyed

A

1 in 10 people were still unempliyed after the new deal

33
Q

failures of the new deal for nra wages

A

set mens wage sto 1000$ adn women to 565$

34
Q

failures of the new deal dust bowl

A

where a storm of dust wnet over the usa and caused the soil to become infertile

35
Q

who opposed the new deal republicans

A

believed in rugged individualsim and that fdr was becoming a dictator

36
Q

who opposed the new deal the rich

A

didnt like the higher taxes

37
Q

who opposed the new deal BUSINESSE

A

didnt like the union encouragement or minimum wages or th einvolvement

38
Q

who opposed the new deal father coughlin

A

broadcast ideas on radio- 40 million listneners and proposed to nationalise all banks

39
Q

who opposed the new deal huey long

A

share our wealth- all persoanl fortunes of over 5 million should be shared to the public - membership reached 7.5 million people

40
Q

who opposed the new deal dr francis townsend

A

said evryone over the age of 60 shoul fget a pension of 200 $ so that htyed give up their jobs and young people could get them - 5 million mmebers in 1935

41
Q

who opposed the new deal supreme court

A

11/16 of alpabet agencies were decreed as unconsitituoubal as they were seen as imposing federal power on state governments

42
Q

how much did shareholders lose in the crash on black thursday

A

$8 billion

43
Q

how many banks went bankrupt in 1929 alone

A

659

44
Q

how many shares were lost on black thursday

A

16 million

45
Q

how many stocks were sold daily on the stock exchange before the crash

A

13 million

46
Q

how was the crash bad for factory owners

A

in 1927, 4.5 million bought cars, by 1930, they couldnt sell a quarter of that

47
Q

who were the losers of the boom

A

ordinary shareholders who lost money
factor workers who lost jobs
factory owners who went out of business
bank managers who went out of business
the rich as they lost their wealth but still had things to go back on