Show:
1920s
1920s cont'd
Great Depression & New Deal
Great Depression & New Deal cont'd
Great Depression & New Deal cont'd
100
Who were the "flappers" and what did they do?
They were women in the 1920s, who stepped out of traditional roles as homemakers and worked, smoked, drank alcohol, wore form-fitting dresses, etc.
100
Why was the 1920s called the "roaring 20's"?
The 1920's was called the "roaring 20's" because it was an era of change--traditional roles are changing.
100
What did the Keynesian Theory suggest?
This theory suggested that government spending can rescue and sustain the economy.
100
What did George W. Bush advise the society to do to help the economy, during the 2008 economic recession?
He advised the society to spend money to help restore the economy (following the Keynesian Theory).
100
What is the "New Deal"?
FDR created this program, which was divided into the 3 r's-recovery, relief, and reform, to fight the effects of the Great Depression.
200
What was the primary purpose of the reincarnated KKK?
To protect the purity of Caucasian women.
200
What caused the reincarnation or rising up of the Ku Klux Klan (KKK)?
"The Birth of a Nation" film, which depicted African Americans as dangerous groups of people and purposed to keep the status quo of white supremacy.
200
How do Hoover's beliefs differ from Bush's beliefs concerning constitutionality?
Hoover believed that the constitution restricted him from redistributing wealth among the society, whereas Bush did not view the constitution as a restriction, and redistributed others' wealth to the society (e.g. Troubled Asset Relief Program).
200
What did Hoover's "Reconstruction Finance Corporation" (RFC) propose to do?
To fund $2 million dollars to state and local governments to lend money to struggling banks, railroads, manufacturers, and mortgage companies.
200
What do FDR's "New Deal's" recovery, relief, and reform suggest?
Recovery (meant to recover the economy) Relief (meant to provide relief for the economy and society) Reform (meant to make a change in the society)
300
What were the primary causes for urbanization?
Urbanization is caused by growing technology, agricultural ruin, the big plow up, and automobiles; this caused farmers to move from rural areas into urban areas.
300
Why was 1920s a significant year regarding the census?
Because, during the 1920s, the census showed that there were more Americans living in an urban environment than rural environment for the first time.
300
The stock market crash (Black Tuesday) caused the Great Depression (True or False)?
False; the stock market crash was symbolic of the Great Depression, but did not cause it, as it only affected 3% of greedy capitalists.
300
What were the efforts that FDR took in helping the banks and economy recover?
During his first 100 days, he created "Bank Holiday," established the Emergency Banking Act, and Glass Steagall Act.
300
What did the "Bank Holiday" suggest?
This created an illusion that banks were temporarily being shut down, but were actually permanently being shut down (people's money, which were stored in these banks, were lost).
400
Which were the primary factors that contributed to agricultural recession?
The Big Plow Up, overproduction, and the Dust Bowl.
400
In one of the acts, why was there no restriction placed on Mexican immigrants?
Due to the demand for cheap labor, Mexicans immigrants were permitted to enter into the United States, as they were needed for labor.
400
What were the causes of the great depression?
Consumer debt -> society stopped consuming -> industrial output dropped -> unemployment increases -> economy slows down and eventually crashes.
400
What did the "Agricultural Adjustment Act" (AAA) do to help farmers?
This act provided farmers with loans and addressed the problem of overproduction by encouraging to produce less.
400
What is the significance of the Banking Act or Glass Steagall Act?
This act established strict guidelines for banking operations and introduced the Federal Deposit Insurance Corporation (FDIC).
500
Why were banks failing during the Great Depression?
Due to fear of the economic condition, people withdrew money from banks. Moreover, the banking system was flawed, as conservative presidents were trying to balance federal budget by raising tariffs, income taxes. Also, government was trying to reinforce money through gold standard.
500
What was FDR's underlying purpose in executing his program, the "New Deal"?
He was trying to save capitalism.
500
What is the significance of the Agricultural Adjustment Act (AAA)?
As an effort to balance the supply and demand and reach the goal of parity, this act encouraged farmers to produce less crops, which caused the crop prices to increase and provide some relief for farmers, although it lead to starvation in the society.