1 / 52

Standard 5 Cody Davis 5

Standard 5 Cody Davis 5. Question 1 - 10. 48. Recognize the cause-and-effect relationship of economic trends as they relate to society in the United States during the 1920s and 1930s. Answer 1 – 10.

nasim-gonzales
Download Presentation

Standard 5 Cody Davis 5

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Standard 5 Cody Davis 5

  2. Question 1 - 10 48. Recognize the cause-and-effect relationship of economic trends as they relate to society in the United States during the 1920s and 1930s.

  3. Answer 1 – 10 Cause: The crash of the stock market of 1929. Effect: People went into a depression. 2. Cause: Production had expanded much faster than wages. Effect: A huge gap between the rich and the poor. 3. Cause: Unequal distribution of the income. Effect: Most Americans couldn’t participate fully in the economic advances of the 1920s.

  4. Question 1 - 20 49. Identify and/or evaluate the impact of business practices, consumer patterns, and government policies on the 1920s and 1930s as they relate to the Great Depression and subsequent New Deal.

  5. Answer 1 – 20 Business practices: Key basic industries, such as railroads, textiles, and steel barely made profit. Railroads lost business to new forms of transportation (trucks, buses, and private automobiles). Demand for crops fell after the war, and crop prices declined by 40% or more. Farmers went into debt. They tried to make more crops to sell but only went into further debt.

  6. Question 1 - 30 50. Examine the human experience during both the Great Depression and the New Deal.

  7. Answer 1 – 30 The human experience during the Great Depression was unbearable. The economic downturn increased the number of Hoovervilles urban settlements. Hoovervilles, with their lack of running water and terrible living conditions, caused widespread illnesses and unhealthy living circumstances. Soup kitchens gave free food to homeless Americans, who often received their only meal a day from these volunteer establishments. The G.D. also resulted in an increase in racism and discrimination, as African-Americans, Hispanics, and women were often denied any available jobs in favor of white men.

  8. Question 1 - 40 51. Analyze the long-term social, political, and economic consequences of the 1920s and the 1930s on society in the US and/or Florida.

  9. Answer 1 – 40 The G.D. was the longest, most widespread, and deepest depression of the 20th century. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment rose to 25%. When the Smoot-Hawley Tariff Act was put into action, which was intended to encourage the purchase of American-made products by increasing the cost of imported goods, while raising revenue for the federal government and protecting farmers. Other nations increased tariffs on American-made goods in retaliation, reducing international trade, and worsening the depression. So, the long-term effect of this act didn’t turn out beneficial. The first New Deal was put into play when Roosevelt came into presidency

  10. Question 1 - 50 52. Explain the effects of the changing role in tourism in Florida’s development and growth, the land boom and bust, and/or the impact of the Great Depression.

  11. Answer 1 – 50 Tourism supported Florida's economy a little during the winter months. Many people drove to Florida to enjoy the warm climate. But because Floridians were facing economic difficulties, Florida State Police were stationed at Florida's border; if people did not have enough money or a job to support them, they were not allowed to enter the state. Florida was having a hard enough time supporting residents without increasing the extra number of people who wanted to live in a year-round warm state but who didn't have the means to take care of themselves or their family.

  12. Question 2 - 10 Agricultural Adjustment Act [AAA]

  13. Answer 2 – 10 1933. U.S. Federal Law of the New Deal era which restricted agricultural production by paying farmers subsidies not to plant on part of their land and to kill off excess livestock. Its purpose was the reduce crop surplus and therefore effectively increased the value of crops. The money for these subsidies was generated through an exclusive tax on companies which processed farm productions.

  14. Question 2 - 20 Bank Holiday

  15. Answer 2 – 20 A public holiday in the U.K. or other commonwealth countries. Banks close and people get time off of work. First official bank holidays were the 4 days named in the Bank Holidays Act of 1871.

  16. Question 2 - 30 Black Tuesday

  17. Answer 2 – 30 Stock Market crashed and it signaled the beginning of the Great Depression

  18. Question 2 - 40 Bonus Expeditionary Force

  19. Answer 2 – 40 The popular name of the assemblage of some 43,000 marchers—17,000 WWI veterans, their families and affiliated groups– who gathered in Washington D.C., in the spring and summer of 1932 to demand early cash-payment redemption of their service certificates. Led by Walter W. Waters, a former army sergeant.

  20. Question 2 - 50 Buying on Margin

  21. Answer 2 – 50 Financial instrument has to deposit to cover some or all of the credit risk of their counter-party.

  22. Question 3 - 10 Civilian Conservation Corps [CCC]

  23. Answer 3 – 10 a public work relief program that operated from 1933 to 1942 in the U.S. for unemployed, unmarried men from relief families, ages 18-25. Robert Fechner was the head. Provided unskilled manual labor jobs related to the conservation and development of natural resources in rural lands owned by federal, state, and local governments

  24. Question 3 - 20 Dust Bowl

  25. Answer 3 – 20 a major period of severe dust storms causing major ecological and agricultural damage to American and Canadian Prairie lands in the 1930s (1934 and 1936) caused by severe drought

  26. Question 3 - 30 Economic Boom

  27. Answer 3 – 30 a dramatic increase in consumer buying and product production. Economy starts to recover after and recession or a depression

  28. Question 3 - 40 Federal Deposit Insurance Corporation [FDIC]

  29. Answer 3 – 40 Formed on June 16th, 1933. It operates as an independent agency created by the Banking Act of 1933. Examines and supervises certain financial institutions for safety and soundness, performs certain consumer-protection functions and manages banks in receiverships (failed banks).

  30. Question 3 - 50 Great Depression

  31. Answer 3 – 50 Severe worldwide economic depression in the decade preceding WWII. Started in 1930 and lasted until the late 1930s or mid 1940s. It originated in the U.S. after the fall in the stock prices that began around September 4, 1929 and then when the stock market crashed on October 29, 1929 which is known as Black Tuesday.

  32. Question 4 - 10 Gross National Product (GNP

  33. Answer 4 – 10 the market value of all the products and services produced in 1 year by labor and property supplied by the residents of a country. The production is based on ownership

  34. Question 4 - 20 Impact of climate and natural disasters

  35. Answer 4 – 20 Dust Bowl; drought. Left soil susceptible and unable to be used. So crop production fell and messed everything up.

  36. Question 4 - 30 Nation Labor Relations Act (Wagner Act)

  37. Answer 4 – 30 Became effective on July 5, 1935.Foundational statute of U.S. labor law which guarantees basic rights of private sector employees to organize into trade unions, engage in collective bargaining for better terms and conditions at work, and take collective action including strike if needed.

  38. Question 4 - 40 National Recovery Act (NRA)

  39. Answer 4 – 40 was the primary New Deal agency established by U.S. president Franklin D. Roosevelt (FDR) in 1933. The goal was to eliminate "cut-throat competition" by bringing industry, labor and government together to create codes of "fair practices" and set prices.

  40. Question 4 - 50 National Recovery Administration

  41. Answer 4 – 50 • an agency that provided young Americans with aid and employment during the Great Depression.

  42. Question 5 - 10 New Deal

  43. Answer 5 – 10 President Franklin Roosevelt’s program to alleviate the Problems of the Great Depression, focusing on relief for the Needy, economic recovery and financial reform.

  44. Question 5 - 20 Recovery

  45. Answer 5 – 20 The act, process, duration, or an instance of recovering.

  46. Question 5 - 30 Reform

  47. Answer 5 – 30 to put or change into an improved form or condition

  48. Question 5 - 40 Relief

  49. Answer 5 – 40 money, food, or other help given to those in poverty or need.

More Related