Depression & new deal Flashcards
(25 cards)
in 1933, how many people were unemployed?
15 million
between 1929 and 1931, how much did real wages fall?
16%
between 1929-31, what % did construction fall?
78%
between 1929-31 what % did manufacturing go down?
54%
between 1929-31, what % did investment go down?
98%
what were the effects of the depression on farmers?
farm incomes fell by 2/3, after crash of banks many farmers lost loans
what were the effects of the depression on ethnic minorities?
rise in racism
what were some famous gangsters?
Bonnie and Clyde , Machine Gun Kelly, John Dillinger, Al capone
when was the smoot hawley tariff?
1930
what did the smoot hawley tariff do?
raised import taxes to the highest level in US history, to protect US economy from foreign competition
What were the names of some alphabet agencies?
TVA, NRA, CCC, FERA, CWA, PWA
TVA
Tennessee valley authority
NRA
national recovery administration
CCC
civilian conservation corps
FERA
federal emergency relief administration
CWA
civil works administration
PWA
public works administration
AAA
agricultural adjustment administration
who opposed the first new deal?
the american liberty league, father charles coughlin, francis townsend, huey p long, the us supreme court
when was the wagner act?
june 1935
when was the social security act?
june 1935
when was the revenue act?
august 1935
who opposed the second new deal?
socialists, communists, roosevelt recession, court packing plan
when was the court packing plan?
1937
