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18 Cards in this Set
- Front
- Back
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situation in which government spends more money than it takes in
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deficit spending
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total sum of money that the government owes
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national debt
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stock purchase in which investor pays only part of the cost
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on margin
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Why did most americans vote for FDR?
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he inspired them with his confidence
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Why did the government fail to notice the slowing economy in the mid 1920's?
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there was no system to track ecconomic statistics
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What was enacted to protect people's savings?
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Federal Deposit Insurance Corporation
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What alternate plan to end the depression was proposed by Huey Long?
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increase taxes on the rich, and provide each american family with a house, car, and decent income
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Name a way americans were not affected by the depression?
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farmers were unable to grow food
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How did the supreme court initially react to New Deal programs in the 1930's?
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the court ruled that many New Deal programs were unconstitutional
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What area of the U.S was called the dust bowl?
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the part of the southern great plains that suffered drought and wind erosion
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Did the dust bowl extend from the nothern to the southern borders of the U.S?
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no
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Explain the Indian New Deal
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it gave native americans more control over their own afairs
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What was one of the direct affects of the Wagner Act?
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workers gained the legal right to collective bargaining
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How did the depression impact women?
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employeers gave preference to men when hiring workers
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Name a person who would agree with criticism of the New Deal.
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Herbert Hoover
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What did the New deal prevent?
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the possible rise of dictatorship in the U.S
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Why was roosevelt "a bit shell shocked", during the hundered days?
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he was surprised by the number of laws that the congress had passed
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What was a common theme among artists in the 1930's?
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the hard times of the present
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