Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
19 Cards in this Set
- Front
- Back
|
name four things that happened to slow our economy in the late 1920's....
|
1. factories produced less
2. stores bought fewer goods 3. factories needed fewer workers so millions of people were unemployed 4. many people were in debt, especially farmers |
|
|
what happened on october 24, 1929?
|
stock market crash
|
|
|
list 3 reasons banks failed...
|
1. banks who bought on a margin were left with worthless stock
2. farmers were unable to make their loan payments to banks 3. depositors withdrew their savings |
|
|
list 3 reasons the stock market crashed...
|
1. the prosperity of the 1920's created a "get rich quick" attitude
2. many people were buying on margin which was purchasing stock with borrowed money 3. speculators made risky investments in hope of making a big profit |
|
|
what we're several results of the stock market crash
|
1. 25% of people were out of work
2. thousands lost their homes because they couldn't pay their debts 3. many lived in shacks made out of cardboard boxes. clusters of these were called shantytown or Hoovervilles 4. charities and religious organizations provided soup kitchens and bread lines |
|
|
what happened on the Great Plains in the 1930's during the great depressions?
|
severe drought caused the dust bowl
|
|
|
what were six results of this dust bowl?
|
1. crops failed
2. few plants to hold the dry soil in place 3. winds to blows loose dust and dirt 4. dust storms ruined crops and covered homes 5. thousands went to California to look for work 6. tenant farmers and sharecroppers lost the land they farmed |
|
|
how did the Great Depression and the dust bowl affect family life?
|
1. children had to go to work
2. families were split apart 3. women were paid less and discriminated against |
|
|
to forget these hard times, what did people do?
|
1. went to movies- gone with the wind, the wizard of oz, King Kong
2. Sang 3. danced 4. listened to the radio- comedians were popular |
|
|
which president thought the federal gov't should NOT play a big role in the economy?
|
Herbert Hoover- republican
|
|
|
which president thought the federal gov't SHOULD take action to end the Depression?
|
Franklin Roosevelt- democrat
|
|
|
what was Roosevelt's plan to end the depression?
|
the new deal
|
|
|
what media did Roosevelt use for his hi "fireside chats"?
|
radio
|
|
|
list 3 new deal programs and at least 2 examples of work done
|
WPA- created jobs for unemployed. it hired people to build streets, parks, libraries, school, to paint murals, and write books about the U.S.
CCC- provided jobs on conversation projects- planting trees and cleaning hiking trails. TVA- built dams and power stations for hydroelectric power for rural areas |
|
|
What did the FDIC do?
|
Insured bank deposited up to $5000.
|
|
|
What did the SEC do?
|
Regulated the way companies issued and sold stock.
|
|
|
What did the Social Security Act do?
|
Supplied money for people over the age of 65 and the disabled who couldn't work.
|
|
|
How were minorities discriminated against?
|
1. African Americans were discriminated against by being the last hired and first fired.
2. New Deal employers could pay lower wages to African Americans. 3. The Social Security Act excluded farm laborers and domestic workers, the two job areas which southern African Americans were most often employed. 4. Many Mexican Americans were deported. They were denied relief and jobs. |
|
|
List 3 things Eleanor Roosevelt did during her husband's Presidency...
|
1. She traveled throughout the country to discover the mood of people.
2. She was the first presidential spouse to take an active role in politics. 3. She worked for civil rights, women's rights, and equal treatment for all Americans. |
