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The Depression Vocab
vocab and questions
| Question | Answer |
|---|---|
| a stock market with rising stock prices | bull market |
| purchasing stocks on credit | buying on margin |
| a stock market with declining stock prices | bear market |
| economic pattern in which buinesses go through periods of prosperity and depression | buiness cycle |
| the investing of money in a high risk venture in hope of making profit | speculation |
| serious global ecnomic decline that began with the crash of the U.S stock market in 1929 | great depression |
| group of WW1 veterans that marched on Washington D.C in 1932 to demand the immeditate payment of the government war bounses in cash | bonus army |
| political system which the government control every aspect of citizens lives | totalitarism |
| political theory that calls for a strong government headed by one individual and in which the state is more important then the individual | Facism |
| President Franklin D. Roosevelts foregin policy of promoting better relations with Latin America by using economic influence | Good Neighbor Policy |
| group of italians led by Benito Mussolini that gained power by the early 1920s | blackshirts |
| National Socialist Party; political party grouped by Adolf Hitler that rose to power in Germany in the 1930s | Nazis |
| military alliance formed by Italy and Germany in 1936; later joined by Japan and other countries. Fought against the allied powers during WW2 | Axis Powers |
| "Night of Broken Glass" Nov 9, 1938-night when nazis killed or injured many jews and destroyed many jewish properties | Kristallnacht |
| a group of expert policy advisers | Brain Trust |
| in what years did the stock price increase rapidly? | 1928 + 1929 |
| believed the stock prices had reached a permently high plateu | Irving Fisher |
| what year was the high point of the stock market? | 1929 |
| when did the stock market drop? | October 23, 1929 |
| What were the two ways the crash hurt banks. | 1. banks had invested in heavily in stocks and suffered losses along with investors 2.customes also took heavy stock losses, leaving them unable to pay loans |
| what happned to buinesses when banks closed? | they lost their corporate savings and operating accounts. whithout enough money to operate they closed down |
| what were the two mian causes of the depression? | 1. overproduction 2. global trade problems |
| who did people blame for the depression? | President Hoover |
| president Frankilin D. Roosevelts program for helping the U.S ecnomy duriong the Depression | New Deal |
| who was in charge of the Civil Works Adminstration | Harry Hopkins |
| program developed to help the region of the Tenesse Valley, one of the poorest, least developed parts of the U.S | Tenessee Valley Authority |
| what did the (TVA) do? | transformed ecnomic and social life of the region. built dams and created flood control and hydroelectric power.planted trees to prevent soil erosion |
| suspend antitrust laws and elimintate unfair comperition between employers | National Industrial Recovery Act (NIRA) |
| distrubet government funds to simulate the ecnomy-bulid government facitlites and highways | Public Works Adminstration (PWA) |
| a cathloic preist in Detroit, wanted to nationalize all of americans wealth and natural resorce | Father Charles E. Coughlin |
| an agency created to put american men and women to work | Works Progress adminstration (WPA) |
| provided part time jobs to high school and college age youth | National Youth Adminstration (NYA) |
| passed this to help the elderly people, disabile, children and job searchers | Social Securtity Act |
| What were the three main parts of the social securtity act? | 1. created pension system for retired workers over 65 years old. 2. offered un-employed short-term cash benefits while they looked for work 3. provided payments to women with dependent children as well as people with disabilities |
| who was the first female cabinet member in American History? | Frances Perkins |
| made unions and collective bargaining-negoations between unions and owners legal | National Labor Relatios Act |
| wanted to organize all workers in a paticular industry-skilled and unskilled into one union | Congress of Industrial Organizations (CIO) |
| the day the stock market lost $9 billion by noon | black thursday |
| the day the stock market crashed | black tuesday |
| _________wanted to tax the wealthy and provided for the poor | Senator Huey Long |
| provided relif to the needy | Federal Emergency Relif Admin. |
| employed young men onpublic works projects | Civilian Conservation Corps |
| regulated industry and raised wadges and prices | National Recovery Admin. |
| Built government facilities and highways to simulate ecnomny | Public works adminstration |
| provided jobs buliding hospitals, shcools, parks, airports and roads | Works Progress Admin. |
| provided part time work to youth | National Youth Association |
| what did federal project one do? | employed people in the arts |
| one major cause of tension in latin america was | a lack of a large middle class |
| who brought the Mexican oil industry under national control in 1938 | Laarzaro Cardenas |
| Who led the blackshirts and was given complete control of Italy? | Benito Mussolini |
| Italy conqured _________ in 1935 | Ethiopia |
| after invading Manchuria, Japan violated the Washington Conference by building | a navy |
| who formed the axis powers | italy and germany and later joined by japan |
Created by:
amanda:)
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