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;
45 Cards in this Set
- Front
- Back
|
How can you make money on the stock market?
|
Buying a stock from a company and having that stock increase in value
|
|
|
List 5 causes of the Depression
|
Overproduction, installment buying, uneven distribution of money, high tariffs, world-wide distribution of trade after WWI.
|
|
|
What is meant by Overproduction?
|
Overproduction is when business or manufactures produce more than what is being bought
|
|
|
What is meant by Uneven distribution of money?
|
During the 1920's money was distributed unevenly between the rich and middle class and between industry and agriculture
|
|
|
What is meant by High tariffs?
|
The US increased tariffs(taxes) on imported goods from Europe by up to 100%. This caused lack of imported goods.
|
|
|
What is meant by World-wide distribution of trade after WWI?
|
The US tried to keep the trade balance in their favor after WWI and made it difficult for Europeans to buy American products (prices were too high) and too difficult for them to trade their products (tariff's too high)
|
|
|
Name the 3R's of the New Deal
|
Relief, Recovery, Reform
|
|
|
Give an example of a Relief program
|
FERA - Federal Emergency Relief Administration
|
|
|
Give an example of a Recovery program
|
FCA - Farm Credit Administration
|
|
|
Give and example of a Reform program
|
FDIC - Federal Deposit Insurance Corp.
|
|
|
Name all the New Deal measures that were meant to help farmers
|
deficit spending, raise taxes, increase inflation
|
|
|
What was good and what were the criticisms of the AAA?
|
Pros - Helped farmers have money to spend
Cons - High prices passed to consumers |
|
|
Who was supposed to be helped by the New Deal program CCC?
|
18-25 year olds
|
|
|
Who was supposed to be helped by the New Deal program FDIC?
|
Investors
|
|
|
Who was supposed to be helped by the New Deal program Social Security?
|
Old aged and handicapped
|
|
|
Who was supposed to be helped by the New Deal program FCA?
|
Farmers
|
|
|
Define "pump priming"
|
to stimulate the economy, the idea was for the govt. to pump money into the economy to get it going again
|
|
|
How was TVA socialism?
|
Because it is government owned
|
|
|
Why did the FDR "court packing scheme" fail?
|
Because people did not want the President to have so much authority
The didn't want the 3 branches being messed with |
|
|
List 3 ways that the New Deal was financed
|
Inflation, deficity spending, raising taxes
|
|
|
Who was the President when the stock market crashed?
|
Herbert Hoover
|
|
|
Who was the Democratic President elected in 1932 and 1936?
|
FDR
|
|
|
Author of the Grapes of Wrath?
|
John Steinbeck
|
|
|
Clarinet player know as the "King of Swing"?
|
Benny Goodman
|
|
|
Who said "the only thing we have to fear is fear itself"?
|
FDR
|
|
|
Founder of the FBI?
|
Attorney General Charles Bonaparte under President Teddy Roosevelt
|
|
|
Most famous criminal of the 1930's?
|
John Dillinger
|
|
|
Ran the WPA
|
Harry Hopkins
|
|
|
Ran the PWA
|
Harold Ickes
|
|
|
President from 1896-1900, 1900-1901
|
William McKinley
|
|
|
President from 1901-1904, 1904-1908
|
Theodore Roosevelt
|
|
|
President from 1908-1912
|
William Taft
|
|
|
President from 1912-1916, 1916-1920
|
Woodrow Wilson
|
|
|
President from 1920-1924
|
Warren Harding
|
|
|
President from 1924-1928
|
Calvin Coolidge
|
|
|
President from 1928-1932
|
Herbert Hoover
|
|
|
President from 1932-1936, 1936-1940, 1940-1944, 1944-1945
|
FDR
|
|
|
Reform program which built dams and power plants in Tennesee
|
TVA
|
|
|
Reform program that urged business to adopt a "code of fair practices"
|
NIRA - National Industrial Recovery Act
|
|
|
Reform program that made banks prove they could operate soundly before they could reopen
|
Emergency Banking Act
|
|
|
Reform that encouraged farmers NOT to produce
|
AAA
|
|
|
What country had a civil war in the 1930's and who gained power?
|
Spain - Francisco Franco
|
|
|
What treaty does Adolf Hilter renounce?
|
Treaty of Versailles
|
|
|
What happens to Adolf Hitler after he renounces the treaty of Versailles?
|
He is thrown in jail and writes Mein Kampf
|
|
|
What country does Adolf Hitler invade in 1938?
|
Austria
|
