Great Depression & New Deal Flashcards

DEMOCRATIC CANDIDATE FOR PRESIDENT IN 1928, HE WAS THE FIRST CATHOLIC TO RUN, HE LOST.

REPUBLICAN CANDIDATE FOR PRES IN 1928, HE WON BY A LANDSLIDE

HOOVER'S CAMPAIGN SLOGAN IN 1928. HE VOWED TO CONTINUE THE PROSPERITY OF THE 1920'S

AVERAGE VALUE OF STOCKS FROM 30 OF THE NATIONS LARGEST FIRMS, THE HIGHER THE # THE BETTER THE MARKET IS DOING

TOO MANY PEOPLE IN THE US HAD ONLY A LITTLE MONEY WHILE TOO FEW HAD ALOT. THE MASS OF WORKING PEOPLE DID NOT HAVE MONEY TO BUY CONSUMER GOODS THAT WOULD HAVE KEPT THE ECONOMY GOING

ON FARMS AND FACTORIES TOO MANY GOODS WERE PRODUCED BUT WAGES DID NOT KEEP UP WITH PRICES AND WORKERS CPOULD NT AFFORD TO BUT EXPECT ON CREDIT, WHEN PEOPLE USED ALL THEOR CREDIT AND WERE IN DEBT THE OVERPRODUCTION LEAD TO THE DEPRESSION

THEY HAD BEEN IN A DEPRESSION THROUGHOUT THE 1920'S

OCTOBER 24 1929: STOCK MARKET CRASHED AS PEOPLE PANICKED AND TRIED TO SELL THEIR STOCK

OCTOBER 1929, VALUE OF STOCKS ON THE NEW YORK STOCK EXCHANGE LOST MANY BILLIONS OF DOLLARS AND PLUNGED THE NATION INTO THE WORST DEPRESSION IN ITS HISTORY

PEOPLE RISKED THEIR MONEY BUYING STOCKS THEY HOPED THEY WOULD GO HIGHER, CAUSE OF THE CRASH

METHOD WHERE PEOPLE BORROWED MONEY TO BUY STOCKS, IF THE STOCK PRICES WENT DOWN THEY WOULD OWE MORE THAN THEY BORROWED, CAUSE OF THE CRASH

GROUPS OF WEALTHY INVESTORS BOUGHT LARGE BLOCKS OF STOCKS AND TRADED THEM TO GET THE PRICE UP, ONCE IT WENT UP THEY WOULD SELL DROPPING THE PRIOCE OF THE STOCK

WHAT HAPPENED WHEN STOCK PRICES STARTED TO FALL, PEOPLE PANICKED, SOLD STOCK, THEN OTHERS FOLLOWED AND PRICES KEPT DROPPING

TIME OF ECONOMIC HARDSHIP, FROM 1929-1941, MASS POVERTY, UNEMPLOYMENT AND SUFFERING.

THE COUNTLESS TIES AMONG VARIOUS SECTORS OF THE ECNOMY PROBLEMS IN ONE EVENTUALLY AFFECTED OTHERS, UNEMPLOYED WORKERS COULD NOT BUY RADIOS SO RADIO WORKERS LOST THEIR JOBS

1930 US SET THE HIGHEST TARIFF RATES IN HISTORY IN AN ATTEMPT TO PROTECT AMERICAN INDUSTRY BUT OTHER NATIONS ALSO RAISED TARIFFS AND IT MADE THE DEPRESSION WORSE

ONE QUARTER OF THE NATION'S LABOR FORCE WAS OUT OF WORK, 4/5TH OF THE STEEL MILLS WERE SHUT DOWN, AND FARM INCOME HAD FALLEN TO LESS THAN HELF OF WHAT IT HAD BEEN IN 1929

SHANTYTOWNS WHERE HOMELESS PEOPLE LIVED, IN SHACKS OR TENTS THEY MADE, OVER A MILLION PEOPLE LIVED IN THEM BY 1933

THE MOST COMMON FORM OF HELP FOR THE POOR BEFORE THE FEDERAL GOVT STARTED WELFARE PROGRAMS

MANY UNEMPLOYED MEN SOLD APPLES ON STREET CORNERS RO EARN A LITTLE MONEY, COMMON SIGHT IN BIG CITIES

THE GROUP THAT SUFFERED THE MOST FROM THE DEPRESSION WITH HIGHER UNEMPLOYMENT AND POVERTY RATES

IN THE 1930'S A SEVERE DROUGHT STRUCK THE AREA FROM THE ROCKY MTNS TO THE MISSISSIPPI VALLEY, STRONG WINDS CARRIED AWAY THE RICH TOPSOIL

NAME GIVE TO MANY MIDWESTERN FARMERS WHO LOST THEIR FARMS DUE TO DROUGHT AND MOVED WESTWARD, MANY TO CALIFORNIA

HOOVER'S RESPONSE TO THE DEPRESSION, HE FELT THAT IF THE GOVT HELPED PEOPLE THEY WOULD BE DESTROYING THEIR SELF WORTH, IT WAS BETTER TO STARVE TO DEATH WITH PRIDE THAN TAKE MONEY AND FOOD FROM THE GOVT AND LOST THEIR PRIDE

HOOVER THOUGHT RELIEF SHOULD COME THROUGH THIS TYPE OF PRIVATE CHARITIES NOT THE GOVT. BUT PRIVATE CHARITIES COULD NOT HANDLE ALL THE UNEMPLOYED AND HUNGRY

1932 MARCH BY THOUSANDS OF UNEMPLOYED WWI VETS WHO WANTED THEIR BONUS PAID EARLY, THEIR CAMP WAS ATTACKED AND DESTROYED BY THE ARMY SENT BY HOOVER, SHOWED HE DIDN'T CARE FOR THE POOR

HOOVER WAS CRUSHED BY THE DEMOCRAT CANDIDATE, FRANKLIN DELANO REOOSEVELT

32ND PRES OF US FROM 1933-1945, LED THE NATION DURING THE GREAT DEPRESSION AND WWII, ONLY PRES TO BE ELECTED MORE THAN TWO TIMES (FOUR)

RADIO TALKS FDR HAD WITH THE AMERICAN PEOPLE IN WHICH HE EXPLAINED HIS POLICIES IN A SIMPLE FAMILY WAY

NAME FOR FDR'S PROGRAM TO END THE DEPRESSION

FDR TOOK MANY STEPS TO END THE DEPRESSION SINCE THEN EVERY PRESIDENT HAD BEEN JUDGED ON HIS ACCOMPLISHMENTS DURING HIS FORST 100 DAYS IN OFFICE

FDR CLOSED THE BANKS FOR A WEEK TO RESTORE THE BANKING SYSTEM, MARCH 1933, HELPED RESTORE CONFIDENCE IN THE ECONOMY

FDR PROGRAM, RELIEF TO EASE THE SUFFERING OF THE NEEDY, RECOVERY, TO LAY THE FOUNDATION FOR ECONOMIC GROWTH AND REFORM TO HELP PREVENT FUTURE ECONOMIC CRISIS, TOGETHER THEY PROFOUNDLY ALTERED THE GOVT'S ROLE IN AMERICAN SOCIETY

CCC ( CIVILIAN CONSERVATION CORPS) YOUNG MEN BETWEEN 18 AND 25 WERE PUT TO WORK PLANTING TREES AND DOING OTHER THINGS TO HELP THE ENVIRONMENT, CWA ( CIVIL WOKRS ADMINISTRATION), GOVT JOBS TO GIVE THE UNEMPLOYED MONEY AND HELP FIX UP NEIGHBORHOODS ETC.

PWA ( PUBLIC WORKS ADMINISTRATION), TVA, TENNESSEE VALLEY AUTHORITY

HOME OWNERS LOAN CORP, 1933, GOVT HELPED PEOPLE KEEP THEIR HOMES

AGRICULTURAL ADJUSTMENT ACT, GOVT AGENCY THAT HELPED THE FARMER AND IMPROVED FARM INCOME BY 50%

NATIONAL RECOVERY ACT, TO HELP BUSINESSES ORGANIZE COIDES SETTING PRICES AND MINIMUM WAGES, IT WAS LATER DECLARED UNCONSTITUTIONAL

FEDERAL DEPOSIT INSURANCE CORP, THE FEDERAL GOVT WOULD GUARANTEE PEOPLE'S BANK DEPOSITS IF THE BANK WENT BROKE

FDR TOOK THE NATION OFF OF THIS MEANING YOU COULD NO LONGER TRADE IN PAPER MONEY FOR GOLD

RIGHT WING, CONSERVATIVE CRITICS OF FDR'S NEW DEAL, THEY WERE MAINLY RICH BUSINESSMEN CONCERNED THAT THEY MIGHT HAVE TO PAY MORE TAXES

LEFT WING, RADICAL CRITICS OF THE NEW DEAL, LONG WAS SENATOR FRO LA AND COUGHLIN WAS AN ANTI-SEMITIC PRIEST WHO BOTH ATTACKED FDR

POPULAR DEPRESSION ERA SCHEME THAT WOULD GIVE EVERYONE OVER 60 $200 A MONTH THAT HAD TO BE SPENT IN ONE MONTH

NOVELIST AND REFORMER WHO RAN FOR GOVERNOR OF CALIFORNIA ON A RADICAL PLAN HE WAS DEFEATED BY THR REPUBLICANS IN 1934 USING UNFAIR CAMPAIGN TACTICS

FEDERAL HOUSING AUTHORITY, TO IMPROVE THE HOUSING MARKET BY ENCOURAGING BANKS TO MAKE HOUSING LOANS

WORKS PROGRESS ADMINISTRATION. PUT PEOPLE TO WORK IN THEIR HOME TOWNS BUILDING ROADS, BRIDGES, PLAYGROUNDS, POOLS. SIDEWALKS AND SEWERS PLUS MNAY OTHER TYPES OF JOBS

IN THIS FDR LOOKED BACK TO THE GOALS OF THE PROGRESSIVES AT THE TURN OF THE CENTURY, UNEMPLOYMENT INSURANCE, OLD-AGE PENSIONS AND THE PROTECTION OF THE RIGHTS OF LABOR, AND FARMERS

1935, INTENDED TO PROTECT AMERICANS WHO WERE UNABLE TO SUPPORT THEMSELVES, OLD AGE INSURANCE, UNEMPLOYMENT COMPENSATION, WIDOWS AND DISABLED WORKERS

CALLED THE WAGNER ACT, DESIGNED TO PROTECT AND ENCOURAGE LABOR UNIONS

FDR WAS ANGRY AT THE SUPREME COURT FOR STRIKING DOWN SEVERAL OF HIS NEW DEAL LAWS, HE TRIED UNSUCCESSFULLY TO ADD MORE MEMBER TO THE COURT, HE FAILED AND HE MADE MANY ENEMIES

FDR PLACED MORE BLAKCS IN FEDERAL POSITIONS THAT ANYONE BEFORE HIM, THESE BLACK ADVISORS BECAME KNOWN AS THE BLACK CABINET

DURING THE DEPRESSION THE US AND MEXICO AGREED ON A PROGRAM TO ENCOURAGE MEXICAN WORKERS IN THE US TO RETURN TO MEXICO

FDR'S WIDE, SHE WAS VERY ACTIVE IN POLITICS AND SERVED AS A SYMBOL OF THE CHANGING ROLE OF WOMEN IN AMERICAN SOCIETY

WRITER WHO WROTE ABOUT HARSH CONDITIONS DURING THE DEPRESSION, GRAPES OF WRATH, WAS HIS FAMOUS NOVEL AND LATER A MOVIE

GOVT SPENDS MORE MONEY THAN IT TAKES IT, LEADS TO LARGE DEBTS, STARTED WITH THE NEW DEAL AND WWII, TODAY THE GOVT OWES OVER $4 TRILLION

NEW DEAL STARTED THIS, GOVT BASED ON THE VIEW THAT THE STATE IS RESPONSIBLE FOR THE ECONOMIC SECURITY OF ITS PEOPLE