great depression - 1930s Flashcards
(29 cards)
working class Americans: positives - what provided temporary josb
hoover dam
working class Americans: positives - fact to show some governmenet intervaention prodivded relief
- emergency relief act gave $300 million for unemplyement
working class Americans: negatives - what did wages and industrial production fall by
- wages = 60%
- industrial production = 40 %
working class Americans: negatives - hwo many people lost their jobs daily
12 000
working class Americans: negatives - what did unemployement in toledo reach
80 %
working class Americans: negatives - how many suicided in one year
23 000
businesess: positives - what provided loans to bansk
national credit corporation
businesess: positives - why did hoover cut taxes
to stimulate consumer spendign
businesess: negatives - how many companies went bankrutp
100 000
businesess: negatives - how many banks closed
10 000
businesess: negatives - how many investors were affected when bank of USA closed in decemeber 1930
400 000
businesess: negatives - US international trade fell what
from $10 billion to $ 3 billion
businesess: negatives - what worsened the glabal economic cirisis by reducing trade
smoot hawley tarriff 1930
US economy: positive
- some gov. efforts like rconstruction finance corporation and national credit corporation tried to stbalised banks and busineses
US economy: negatives - what decreased 40 %
industrial and farm production
US economy: negatives smoot hawley tariff imapct
worsened glabal economy causing trade to plummet
US economy: negatives - impact of rugged individulaism
prevented large scale gov. relief efforts
farmers: positives - what provided some loans to farmers
hoover’s agricultural marketing act 1929
farmers: positives - what did farmer’s say
“in hoover we trusted, now we are busted”
-> collective resitance
farmers: negatives - farm income decreased what during depression
$13 billion to $5 billion
farmers: negatives - how many farmer’s evicted
1 in 20 as they couldnt pay mrotgages
farmers: negatives - hwat happened to overfarmed land
turned into dutbowls making farmin gimpossible
farmers: negatives - where did farmers go
- california via route 66
- those from oklahoma were labelled as okies
women: positives
- some found work in chrity kitchens and as domestic helpers
- those with jobs became the primary earners as male unemployement soared