Early Depression
How did Hoover believe the government should help individuals?
It should not help the individual
What is the Gold Standard in the U.S. Economy?
Where the U.S. has $1 worth of gold for every paper dollar.
How did the Political Right feel about FDR's New Deal
It was too much like communism.
What did the 18th amendment do?
Ban the sale, manufacture, and transportation of intoxicating liquors.
Who made up the Bonus Army?
WW1 Veterans
How many laws did FDR enact in his firs 100 days?
76
How does Social Security help the American Public?
Gives monthly money to sick and elderly.
What did some larger breweries and distilleries make during prohibition?
Non alcoholic beverages and food
Why would buying stock on margin be dangerous?
If the stock price falls, you still owe the bank whatever you borrowed from them.
How did the government restore confidence in the banking system?
A banking holiday and creation of the FDIC and SEC
Name of the Catholic Priest that called for inflating the currency and nationalizing the banking system?
Charles Coughlin
This man stole $10,000 in his first bank robbery and even escaped jail.
John Dillinger.
What 2 major strategies did President Hoover use to promote economic recovery?
Met with big businesses to make promises to keep factories open and stop slashing wages and Public Works projects.
What types of projects did the CWA workers build? name 2
roads, schools, airports, playgrounds/parks.
Name of California physician who wanted to give everyone over the age of 60 $200 a month.
Francis Townsend
This man may or may not have orchestrated the St. Valentines Day Massacre. But he was in Florida, so it couldn't have been him, right?
Al Capone
How did the Depression affect immigrants?
Repatriation acts forced legal Americans to Mexico and the Philippines.
tell me the difference between direct and indirect relief in The New Deal
Indirect: giving someone a job to make money.
Direct: giving someone money directly.
Why did the Supreme Court strike down many programs and projects FDR tried to make under the New Deal?
The Court felt that the Executive branch was overreaching its power.
Bonnie and Clyde were known for what type of crimes?
Robbery, Kidnapping and Murder.