Ch 25 Flashcards
October 24, 1929
Black Thursday
Severe economic crisis
Great depression
1930 text on importing goods that failed to help the economy
Hawley scoot tariff
Aid for the needy
Relief
Shantytown
Hooverville’s
What is the stock change
An organized system for buying and selling shares
Name two problems that led to the Great Depression
Stocking change on October 29 in no national leadership and people became jobless and others didn’t have much money
How did the depression affect your up initially
During the 1920s US banks made loans to stocks speculators instead of lending money to foreign countries poverty fewer products were being bought from the US and countries raise their own tariff on American products
What was Pres. Hoover’s reaction to the economic crisis
He thought it was temporary and that prosperity was just around the corner
Did Huber’s plan of public works project help the depression why or why not
No because the state and local government ran out of money combined spending by all three levels of government
What was the name of the group progressive lawyers Economists and social workers who advised Franklin D Roosevelt
Brain trust
What term is used for the new laws that Congress passed during the hundred days and in months and years that followed
New deal
What was the purpose of work relief programs
Giving me people government jobs
Why did the agriculture adjustment act pay farmers to destroy crops milk and livestock
They had too much food
What was the purpose of the Tennessee Valley authority
Control flooding
