The Great Depression to the Cold War Flashcards

This is for the quiz on May 12/13, 2025 (68 cards)

1
Q

What was the stock market trend in the 1920s?

A

A long period of rising stock prices.

By 1928, prices were inflated above their true value.

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2
Q

What is speculation in the context of the stock market?

A

Buying and then selling something quickly, hoping to make a profit.

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3
Q

What event is referred to as ‘Black Tuesday’?

A

October 29, 1929, when stock prices dropped dramatically.

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4
Q

What caused bank closures during the Great Depression?

A

Financial fear prompted runs on banks, leading to mass withdrawals and bank failures.

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5
Q

What were the roots of the Great Depression?

A
  • Low interest rates allowed for cheap credit – led to speculation, too much borrowing, excess expansion in companies
  • Overproduction
  • Falling demand
  • High tariffs
  • Uneven distribution of wealth
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6
Q

What was the unemployment rate during the Great Depression?

A

25%.

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7
Q

What were Hoovervilles?

A

Shantytowns built by evicted people during the Great Depression.

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8
Q

What was the Dust Bowl?

A

A severe drought in the 1930s that turned soil into dust, burying crops and livestock.

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9
Q

Who was elected president in 1928 and often blamed for the Great Depression?

A

Herbert Hoover.

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10
Q

What were the measures taken by Franklin Delano Roosevelt called?

A

The New Deal.

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11
Q

What was the overarching problem addressed by the New Deal?

A

Low spending meant low sales.

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12
Q

What was the purpose of the SEC?

A

To require companies to be more open about their financial status.

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13
Q

What did the FDIC provide?

A

Federal insurance for bank deposits.

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14
Q

What did the Agricultural Adjustment Act (AAA) do?

A

Paid farmers not to grow food to raise prices.

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15
Q

What were the main successes of the New Deal?

A
  • Banks reopened
  • Many people retained their homes/farms
  • Created a sense of hope
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16
Q

What ideologies did the Axis countries adopt right before WWII?

A

Italy (Mussolini) – Fascism
Soviet Union (Stalin) – Communism
Germany (Hitler) – Fascism
Japan (Hideki Tojo) – Totalitarianism

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17
Q

Who was the primary cause of WWII?

A

Adolf Hitler.

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18
Q

What was appeasment?`

A

France and Britain gave Hitler what he wanted.

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19
Q

What was the Lend-Lease Act?

A

Allowed the US to provide arms and vehicles to allies.

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20
Q

What event led to the US’s formal entry into WWII?

A

The Attack on Pearl Harbor on December 7, 1941.

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21
Q

What was Blitzkrieg?

A

High-speed warfare used by Germany during WWII.

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22
Q

What was the Holocaust?

A

The systematic genocide of 6 million Jews and millions of others by the Nazis.

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23
Q

What was the significance of the Battle of Midway?

A

A crucial turning point in the Pacific Theater: Japan was now on the defensive.

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24
Q

What was ‘Island Hopping’?

A

Isolating fortified Japanese islands without direct attacks.

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25
Who developed the atomic bomb?
The Manhattan Project
26
What was the result of the atomic bombing of Hiroshima?
Destroyed 63% of the city; 80,000-120,000 died instantly.
27
What was the Cold War?
An era of confrontation and competition between the US and the USSR from 1945-1990.
28
What was the Iron Curtain?
The term used to describe the barrier between Western and Eastern Europe.
29
What was the Truman Doctrine?
US pledge to help countries resisting control by other nations.
30
What was the Marshall Plan?
US grants to European countries to rebuild their economies after WWII.
31
What was the Berlin Airlift?
US response to Stalin's blockade of West Berlin, supplying the city for almost a year.
32
Who was the democratic presidential winner in 1932?
Franklin D. Roosevelt
33
What did the CCC (Civilian Conservation Corps) do?
They employed mostly teens to work on public lands
34
What did the PWA (Public Works Administration) do?
They funded major infrastructure projects and employed large numbers
35
What did the TVA (Tennessee Valley Authority) do?
They were a huge government-run power company who gave work to many Southerners
36
What was the type of New Deal program that economists today judge as most productive?
Government work programs
37
Who did Hitler blame for the Treaty of Versailles?
The Jewish people
38
What book did Hitler write?
Mein Kampf
39
When did Germany invade Poland?
September 1, 1939 (then England and France immediately declared war on Germany)
40
What were the "Cash and Carry" arms sales?
The US could sell arms to other countries but they had to pay cash and use their own ships
41
When was the D-Day invasion of Normandy, and what was its purpose?
June 6, 1944 Purpose: go through France to invade Germany
42
When did Hitler commit?
April 30, 1945
43
When did Germany surrender?
May 7, 1945
44
What was the significance of the Battle of Coral Sea?
It was the first time the Japanese were thwarted -- American victory
45
When was the Battle of Coral Sea?
May 1942
46
When was the Battle of Midway?
June 1942
47
When was Guadalcanal?
August - November 1942
48
What was the significance of Guadalcanal?
The Japanese were no longer in control Caused the US to think carefully about strategy
49
Why were the Japanese willing to die for their country?
Banzai -- "10,000 years" -- their Samurai history
50
When was the Battle of Iwo Jima?
February to March 1945
51
What was the significance of Iwo Jima?
It was the perfect Japanese implementation of new anti-invasion tactics
52
What were kamikazes?
Suicide pilots flying bomb-filled planes directly into a target
53
Who were the Navajo Code Breakers?
Dine (Navajo) recruited from Arizona, created a code based on their language
54
When was the Battle of Okinawa?
April and May 1945
55
What was the significance of the Battle of Okinawa?
It was the bloodiest infantry battle in the Pacific -- terrible casualties on both sides & It was the final piece of evidence that Japan would never surrender under normal war circumstances
56
When was the first successful test detonation of the atomic bomb?
June 16, 1945
57
When was the bombing of Hiroshima, and what was the bomb called?
August 6, 1945 "Little Boy"
58
When was the bombing of Nagasaki, and what was the bomb called?
August 9, 1945 "Fat Man"
59
When was the formal surrender on board USS Missouri?
September 2, 1945
60
When was the United Nations formed?
1944
61
Who are the 5 Permanent Members of the UN?
US Britain France USSR China
62
When was the Yalta Conference, and what was it all about?
February 1945 agreed to split Germany between them -- West Germany supported by US and East Germany controlled by Soviets
63
What was the USSR's main concern during the Cold War?
security
64
What was the US's main concern during the Cold War?
economic prosperity
65
What were "satellite states"?
USSR's communist pro-soviet goverments in Eastern Europe
66
What was the Long Telegram?
George Kennan furnished a description of the political situation in Moscow Russians were insecure and feared war
67
What was the policy of Containment?
Do not attack the USSR, but take action to prevent its control of areas important to US security
68
What was the importance of the Berlin Airlift?
It showed the US commitment to containment