effects of WSC+ presidential election 1932 Flashcards
(40 cards)
what were Voluntary Acts
Hoover requested from business leaders to not reduce their wages/ not sack them
how many people unemployed in Detroit
50%
what did the tax cuts do
reduced govt. spending from 10 billion to 8.7 billion
how much were tax cuts
160 million
how many people unemployed nationwide
14 million unemployed- 25%
what was a hooverville
shanty town, large settlements consisting of poor quality housing, built during G. Depression named after Herbert Hoover
why were public work schemes a fail
insufficient funding low wages
how much were public work schemes
423 million
what happened at the Bonus Marchers
- Soldiers and veterans wanted war bonus of 500 earlier
- H. Hoover didn’t want to meet with them so he sent G. Macarthur who used tear gas, guns, tanks- killing 2 children. Hoover later publicly thanked god that the US knew how to deal w/ mobs. McArthur called them anarchists and Hoover failed to criticise that
why was the farmers board a fail
didn’t do much as there as insufficient funding
who were the bonus marchers
15,000 soldiers and veterans with wives and children
where was the bonus march
peaceful march to Washington D.C
how much did Average farm production drop by
40%
when was the federal home loan bank act
1931
when was the Dust Bowl
1930 onwards
when was the bonus marches
1932
what did tariffs cause
tariff war- ppl not able to sell their products abroads- profits fell- international trade fell- lengthened and deepened Great Depression
give a name of a tariff
Hawley- Smoot Tariff in 1930
how much was the tariff placed on american products
60%
who were affected by the Dust Bowl
farmers
how many banks were bankrupt in 1933
5000
what was a soup kitchen
set up to feed hungry men, woman and children. Served soup and bread
what did teh RFC do
helped big businesses and banks and helped keep money circulating in the system
what happened at the Dust Bowl
series of severe droughts and unsafe methods of farming bc of overproduction meant soil was eroded and ppl couldnt grow crops. Farmers lost profits and became bankrupt. Became hobos- migrated to California- lived in Hoovervilles