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ap us history
| Question | Answer |
|---|---|
| stock market crash of 1929 | October of 1929-investors panicked, sending new york stock market toward tremendous losses Oct 24 (black tues)- dow jones industrial average dropped 50% and over 13 mil shares of stock were sold Oct 29 (black thurs)-16 mil shares traded crash led to dep |
| foreign economies and the great depression | Decline in US economy meant less spending money and loans and imports from other countries Foreigh powers were not able to pay debts back to US American exports droped and the depression spread |
| Reconstruction finance corp. | Chartered by congress and hoover to loan money to railroads and financial institutions Meant to keep basic institutions in business Acused of being an assistance to the wealthy |
| hoovervilles | Term used to describe makeshift shacks that housed groups of homeless people Used in open areas near cities during the depression This term was usedto mock herbert hoover |
| Hawley-smoot tariff | Brought tariff to the highest level in its history In retalliation, foreign countries set tariffs on american goods, creating a decline in exports and further deepening the economic depression This was another expression of isolatonism |
| Hoover stimson doctrine | stimson, secretary of state under hoover sent identical notes stating that US would not recognize any treaty or agreement that would impair chinas territory, US. rights in china, the political situation in china, or the open door policy, 2 japan& china |
| The bonus army | a group of 14000 unemployed veterans taht marched in washington seeking payment f money through congress Hoover had senate kill bill providing additional payment, and half of veterans tok the offer of transprtation home |
| Bonus army 2 | The remaining vets subsisted in shacks near the anacostia river to draw attention to their cause Hoover alled in the army and had the remainder of the vets removed from washington Created the impression that hoover didnt care about the plight of the poo |
| dust bowl | Areas of american prairie states that experienced ecological damage due to huge clouds of soil Mismanagement of grazing land and severe winds swept unprotected soil into dust storms Led to both economic and health hardships or many |
| Franklin delano roosevelt | 32nd president Slogan: only thing we have to fear is fear itself encouraged new hope for emerging from GP Age 39, he contracted poliomyelitis and regained use of his legs through a vigourous excercise program Led congress through 100 days |
| FDR 2 | Pocused on economic and agric. recovery and support or the unemployed and elderly Attempted to enlarge the SC. and put in place justices that would support his legislation, but he failed Mobilized the US for entry into ww1 |
| The 100 days | FDR called a special session of congress to deal with the weak American banking system Congress assed an emergency act on banking and continued the session to deal with unemploymen and failing farm prices known as100 days, session launched first new dea |
| FDR's banking acts, the gold standard, and the SEC | Emergency banking relief act was the 1st act of fdr's 100 days, it provided funds 2 open sum banks and it combined/ liquidated others Glass seagull banking act insured deposits in commercial banks, created the FDIC, % split commercial & investment bankin |