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20 Cards in this Set
- Front
- Back
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what was the reason for the stock market crash in 1929
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idea of buying on margin
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what is buying on margin
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you purchase a stock with only a down payment with hopes of it rising so you can pay off the loan and make money
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october 24, 1929 what happened
october 29, 1929 what happened |
black thursday stock lost $12 million
black tuesday stock lost $16 million |
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what is the depression cycle
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no need for workers (layoffs)
people rush to the banks but the banks dont have the cash for the withdraws banks close all the monies disappear no loans and factories close no work, no money, no food, no hope |
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huge list for the problems in england
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overseas trade lost to the sinking of ships by u-boats
in debt factories out of date unemployment colonials looking for independence low wages=low buying power |
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three political parties of GB
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conservatives
liberals labour-supports workers |
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what happened to ireland in 1922
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gained its independence
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the IRA launches a terrorist campaign to drive who out of where
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G.B. out of northern ireland
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which 4 colonies are allowed to govern themselves as long as they stay part of the commonwealth
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new zealand
canada australia south africa |
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what does commonwealth do for the colonies
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links them to Britain but allows them to make their own internal decisions
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G.B. believes what about france
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they are being to harsh towards germany
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why did frances economy recover quickly from WWI
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cause of german reparation
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why did france suffer only a little from the depression
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it was still a farming nation
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what does france do to its colonies
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bleed them of their material wealth
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between 1920 and 1940 how many different governments did france have which caused...
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40
no unity in the govt people have no faith in govt country moves from crisis to crisis |
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who became the leader of the french socialist party and built what line to protect france
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leon blum leader and built the maginot line
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post war issues with the USA
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followed a policy of isolationism in order to stay out of european affairs but wanted the debts repaid
halted immigration Red Scare- anti-communism the roaring 20s- time of great wealth new attitude-turn away from God and church and look to the govts |
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who planned to end the great depression
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FDR
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alphabet agencies
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large number of govt organizations designed to end depression and becomes involved in most parts of citizens lives
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WWII and the need to build weapons gets americans....
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back to work- not the New deal
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