New Deal Flashcards

(16 cards)

1
Q

why did stock market crash

A

specuation, panic, buying on margain

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2
Q

ripple effects

A

Risky Loans Hurt Banks
Consumer Borrowing
Banks Runs
Bank Failure
Savings Wiped Out
Cuts in Production
Rise in Unemployment
Further Cuts in Production\

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3
Q

causes of great depression

A

farmers str5uggle, increase in consumer debt, uneven wealth, stock market crash

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4
Q

3 authors

A

Hellman, steinbeck, wright

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5
Q

5 entertianers

A

Goodman, Basie, Johnson, Dylan, Franklin

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6
Q

3 artists

A

rivera, Stuart, wood

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7
Q

new programs

A

FDIC
SEC
AAA
CCC
F.E.R.A.
CWA
HOLC
PWA
TVA

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8
Q

fdic

A

FDIC
Federal Deposit Insurance Corp
Insured bank deposits up to $5000

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9
Q

sec

A

SEC
Regulated stock market and made it safer place

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10
Q

aaa

A

Agricultural adjustment act
End over production by paying farmers to reduce

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11
Q

ccc

A

Civilian conservation corp
Provided jobs for young men building hiking trails

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12
Q

pwa

A

Public Works Administration
Built bridges, dams, gov buildings

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13
Q

fera

A

Federal emergency relief administration
Federal funds to state and local governments to help unemployed

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14
Q

cwa

A

Civil Works Administration
Provided jobs on publics work projects

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15
Q

holc

A

Home owners loan corp
Low interest rates to homeowners

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16
Q

tva

A

Tennessee valley authority
Series of dams in tennessee river valley to control floods