Card Set Information
Chapters 31 32 34
Period of prosperity, low unemployment and inflation rates, and increased investments during the 1920’s
Fear of communist activity in the United States following WWI
Engagement in risky business transactions on the chance of quick or considerable profit
The Stock Market Crash; October 29, 1929
Public works projects:
Federally funded public projects intended to stimulate business and provide employment for jobless workers
President Franklin Roosevelt’s legislative agenda for rescuing the United States from the Great
Raised tariffs on numerous goods to protect American manufacturers; hurt consumers and led to tariff wars
What was the cause of the Stock Market Crash of 1929?
a) Explain three measures Hoover took to solve the problems caused by the Stock Market Crash. b) How did these measures lead to the Great Depression?
Increased the strength of labor unions by forbidding any interference by employers with the formation and operation of labor unions
Government action taken to stimulate the economy by cutting taxes, spending money, or lowering interest rates
Grant paid by the government to an industry that benefits the public
The minimum hourly pay a worker may receive
The freedom of private business to operate competitively for profit with minimal governmental regulation
Describe the three general aims of the New Deal.
What were the three main purposes of the Social Security Act of 1935?
a) What was the purpose of the Tennessee Valley Authority? b) Give two reasons why the TVA might be seen as a benefit. c) Give two reasons why people were opposed to the TVA.
a) What was the Agricultural Adjustment Act? b) Give two reasons why this might be seen as a benefit. c) Give two reasons why people were opposed to the AAA.
a) What was goal of the NIRA? b) How successful was this act in achieving its goal?
Describe the three methods used to finance the New Deal programs. Why were these methods criticized?
A national policy of abstaining from political or economic relations with other countries
Government by a single person that is not responsible to the people or their elected representatives
Passed by FDR in 1935 and 1937; prohibited the shipment of munitions to warring nations
Austrian-born, Jew-hating fanatic who became dictator of Germany in 1933
Communist dictator who succeeded Lenin and ruled the Soviet Union during WWII
Fascist dictator who seized power in Italy in 1922
Describe three roots of U.S. isolation during the 1920’s and 1930s.
a) What country invaded Manchuria in 1933? b) What was significant about the League of Nations response to this invasion?