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;
46 Cards in this Set
- Front
- Back
What is the term for one person's spending becoming another person's income.? |
Multipler effect. |
|
What are goods that are expensive and don't wear out quickly.? |
Durable goods. |
|
This is a consumers desire and willingness to pay a price for a good or service |
Demand |
|
The fluctuations in economic activity that am economy experiences over a period of time is called.? |
The business cycle. |
|
A situation that occurs when a larger number of banks or other financial institutions customers with drawl. |
Bank run |
|
Center all bank of the United States that provides the nation with a safe, flexible and stable monetary and financial system is called.? |
The federal reserve. |
|
What was the kickoff to the great depression.? |
Stock market crash. |
|
Why did the banking system collapse.? |
Banks made bad loans and when people came in drove to withdrawal their money, the bank didn't have. |
|
What was hoover response to the great depression.? |
Hoover believed in rugged individualism and fend for yourself. |
|
What is a hooverville.? |
Little, shanty towns set up by unemployed, homeless people. |
|
What was the smooth Hawley tariff and what problems did it cause.? |
A high tariff, it caused other countries not to buy American products and made unemployment worse. |
|
What were two things set up by charities to help feed the poor.? |
Bread lines and soup kitchens. |
|
What was the bonus army.? |
World War 2 vets that marched on Washington to get the bonus they had been promised. |
|
What was the dust bowl.? |
A dirt storm, dirt flying in the air making it hard to see anything. |
|
What was the boll weevil |
A beetle that infested forms in the south and destroyed crops. |
|
Who were okies.? |
People who had lost their farm and started traveling west. |
|
What route did okies use to travel.? |
Route 66 |
|
What book was written by John Steinbeck, which was told to the okie family.? |
Grapes of wrath. |
|
What famous boxing match featured clashing ideas from America and Nazi Germany.? |
Joe Louis vs. Mac schmelling. |
|
What monument was built out of solid rock in the black hills.? |
Mount rushmore. |
|
What huge building projects became the largest concrete one of its kind in the world.? |
Wilshire grand. |
|
What are the legacies of the new deal.? List two. |
1.) Set foundations for welfare state. 2.) Established federal regulation of the economy. |
|
What ends the Great Depression.? |
The end of world War 2. |
|
What was the Roosevelt recession.? |
A slow down in the economy. |
|
What is a sit down strike.? |
Tactic used by cio. Workers would sit down and refuse to work. |
|
Who was Mary McLeod bethune.? |
FDR and Eleanor's advisor on race regulations. |
|
What was the black cabinet.? |
FDR'S African American advisors, Eleanor's idea. |
|
What people/groups opposed the new deal.? |
Father Charles Coughlin- Catholic group. Huey long- New deal didn't go very far. American liberty league- New deal went too far. Dr. Francis townshed- said new deal was bad. |
|
What was the court packing bill.? |
A bill that said all supreme Court Justice over the age of 70 had to retire. (6 justices) |
|
What did the Wagner act do.? |
Made labor unions legal for good. |
|
Who was the okie singer considered the founder of folk music that wrote "this land is your land.?" |
Woody Guthrie. |
|
What happens to Franklin Roosevelt at CampoBello springs.? |
Gets polio. |
|
How is FDR get some strength back in his legs.? |
Bought warm Springs and did physical therapy. |
|
What was the Roosevelt coalition.? |
A group of people that help FDR get elected president. |
|
What was the most lasting program and what did it do.? |
Social security act- created unemployed insurance and old age pensions. |
|
What was the best and most important public works program and what did it do.? |
Works progress administration. |
|
What did the CCC do.? |
Put young men aged 18-25 to work. |
|
What did the 21st amendment do.? |
Repealed prohibition. (Legalized alcohol again.) |
|
What did the glass steagall act do.? |
Established the federal deposit insurance corporation. |
|
What is significant about Francis perkins.? |
Secretary of labor.- 1st women cabinet member. |
|
Who was the "main brain?" |
Harry Hopkins. |
|
What nickname did FDR'S cabinet get.? |
Brain trust |
|
What was significant about the first q00 days of FDR'S presidency.? This is what all presidents since are measured by their first 100 days.. |
15 major pieces of new deal legislation passed. |
|
What were fire side chats |
Radio talks about FDR about issues of public license concern and explained the new deal policies in simple language. |
|
The system by which the value of a currency is based on a certain metal.? |
Gold standard |
|
How did FDR'S address two of the problems that cause the great depression. |
Stock market- creation of the sec to regulate buying on margin. Bank- bank holiday restore confidence in banks. |