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History > USA Topic 1 - Economic downturn and recovery > Flashcards

USA Topic 1 - Economic downturn and recovery Flashcards

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1
Q

What were the events on the 19th of October 1929

A
  1. 5 million shares were brought and sold due to panic selling
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2
Q

What happened on the 24th of October 1929

A

Commonly known as Black Thursday nearly 13,000,000 shares were traded and share prices collapse

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3
Q

What figure did unemployment rise to in 1932

A

13.5 million

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4
Q

How are black Americans discriminated during the great depression

A

Black Americans were sacked first

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5
Q

What percent of black Americans were employed by 1933

A

50%

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6
Q

What percent of white Americans are unemployed by 1933

A

20%

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7
Q

How did the Great depression impact farmers

A

They couldn’t sell their produce

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8
Q

What states are worst affected by the 1933 drought

A

Oklahoma Colorado New Mexico and Kansas

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9
Q

What was the effect of the drought

A

Soil turned into dust causing 20 million hectares became known as the dust bowl

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10
Q

How did the Great depression affect family life

A

The number of marriages fell
Schools were closed
Suicide rates increased

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11
Q

What were Hoovervilles

A

They were homes made of tin wood and cardboard for Americans who had lost their homes during the depression

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12
Q

Who are bonus marchers

A

World War I veterans who had been promised a bonus for serving in the war however they wanted it to be given in 1932

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13
Q

How many unemployed veterans marched for early payment

A

12,000

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14
Q

How many bonus marchers died during their protest

A

Two veterans

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15
Q

What is rugged individualism

A

The Republican belief that individuals are responsible For their own lives without help from anyone else especially the government

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16
Q

What is the Laissez - faire

A

Republican belief that people should help themselves rather than be helped by the state

17
Q

How much did Hoover cut taxes by

A

US$130 million

18
Q

Give an example of a 1932 policy

A

The emergency relief act

19
Q

What was the emergency relief act

A

US$300 million to state government to help unemployed

20
Q

Why were Hoovers policies uneffective

A

They were too late and failed to counter the effects of the depression

21
Q

What were the results of the 1932 presidential election

A

Roosevelt won by a landslide as Hoover only won six of the 48 states

22
Q

Why was Hoover unpopular by 1932

A

Hoover had been blamed for the depression
The treatment of bonus marchers
Blamed for the effects of the depression

23
Q

What was Roosevelt’s appeal

A

Roosevelt created a mood of optimism to break cycle of despondency
The new deal would create jobs
Roosevelt had overcome polio

24
Q

What was the new deal based on

A

The three R’s
Relief recovery reform

25
Q

What was the aim of the new deal

A

Restore the shattered economy

26
Q

What problem did Roosevelt tackle first

A

Banking

27
Q

How did Roosevelt make people trust the bank

A

Roosevelt use the Fireside chat to explain his plan to people and reassuring money was safe in the bank

28
Q

What was the public works administration

A

One of the alphabet agencies that used US$3.3billion On large-scale public works

29
Q

How many were unemployed by 1934

A

10 million

30
Q

What was the second New deal aimed at

A

Farmers workers and unemployed

31
Q

What was the works progress administration

A

A $4.8 billion relief program

32
Q

What was the fair labour standards act

A

It set the minimum wage and maximum hours.
Child labour was not permitted only on farms

33
Q

Which two individuals oppose the new deal

A

Huey long and Charles Coughlin

34
Q

Why did Huey Long oppose The new deal

A

It didn’t share the country’s Wealth

35
Q

Why did Charles Coughlin oppose the new deal

A

He was a catholic priest who labelled Roosevelt ‘anti-God’ As the new deal didn’t help the needy

36
Q

Why was the Supreme Court opposed to Roosevelt

A

Due to the lack of democratic judges

37
Q

How many rulings found Roosevelt acting unconstitutionally

A

11 out of 16

History (25 decks)

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