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29 Cards in this Set
- Front
- Back
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How many Americans in 1933 didn't have jobs? |
1 in 4 |
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When was the start of the New Deal? |
1933 |
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How much did unemployment drop during FDR's time? |
25% to 9% |
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How much money did the government spend on meeting the urgent needs of the poor? |
500 MIL |
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What was the NRA |
National Recovery Act - rebuilding civilian infrastructure for civilians and by civilians |
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How much money did people spend compared to the 1930s and 1929 |
75% of it |
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Peak unemployment rate? |
24.9% |
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How much money did Government Officials take? |
15,000 USD |
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US Export Worth 1916-1920 vs 1921 - 1925. Why the decrease? |
700 mil USD vs 400 mil USD |
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Average industrial wage increase and increase in millionaires? |
146 and 28,000 |
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When did all the banks want their money back by? What happened after? |
Nov 1st 1929 - people sold stocks and the market crashed |
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How much money did Canada and the US lose in the GD? |
1/3rd of their GDPs |
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Unemployment rates in US and Canada? |
25% and 23% |
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What is the |
Examples of unhappy workers |
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Social welfare problems in the US and Canada |
New Deal had unemployment insurance and family insurance in Canada |
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What differences during GD Can vs USA |
Corruption and American policies were more successful. Bennett increased foreign tariffs to 50% which only made things worse. Cause was different too |
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Hoover's policies? |
minimal intervention, no welfare programs. force 500k mexicans back, raise tariffs, increase taxes on people |
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FDR's policies |
more intervention. welfare programs, new deal. stabilise agriculture, set a price to them, financial assistance, banks, alphabet agencies |
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How much does alcohol consumption fall by? |
30% |
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Homicide rates 1919 vs 1931 |
7.2 per 100 vs 9.1 per 100 |
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How much did gangs make during prohibition? |
Approx 2 billion |
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How much Americans lived under the poverty line |
22% |
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How many blacks lost their jobs |
750,000 |
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1922 strikes miners, how many and why? |
600k reasons obvious |
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Production increase by how much? |
Car production tripled, Radios grew more than 10x, telephones doubled. Number of millionaires increased by a factor a 5, steel production grew by millions of tons each year. |
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Unemployment during the boom |
Hovered around 4-5% |
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How many banks had failed in GD |
Around 11,000 |
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GDP increase under ND |
56 to 72 billion dollars |
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Wealth Disparity in the US during boom |
1% controlled 40% of wealth
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