history USA (CH4)

• What does the TVA stand for?


  Tennessee Valley Authority
• How many jobs did the TVA create?

  Over 9,000
• Cons of the TVA

  Displaced 15,000 families and destroyed Native American sites and cemeteries
• What does the AAA stand for?


  Agricultural Adjustment Administration
• How many farms were helped by the AAA?


  90%
• What was the rise in agricultural produce from 1933-6?


  50%
• Cons of the AAA


  Failed to help small tenant farmers and African Americans. Modernisation put labourers out of work.
• What does NIRA stand for?


  National Industrial Recovery Act
• What does the PWA stand for?


  Public Works Administation
• What did the PWA do?


  Built schools, roads, dams, bridges and airports
• What percent of US schools and hospitals were built by the PWA?


  70% of schools and 35% of hospitals
• Cons of the PWA


  It required loads of public money in the form of taxes
• What does HOLC stand for?


  Home Owners Loan Coorporation
• What did the HOLC do?


  Helped American families at risk of losing their homes because of unemployment and falling wages
• How many families had received loans by 1935?

  Over 1 million
• Cons of the HOLC


  It stopped offering loans past 1935 and focused on repayments
• What does the CWA stand for?


  Civil Works Aministration
• How many short term jobs did the CWA provide?


  4 million
• What does FERA stand for?


  Federal Emergency Relief Administration
• How many part time jobs were created by the FERA?


  Over 20 million between 1933 and 1935
• What does the CCC stand for?


  Civilian Conservation Corps
• How many people did the CCC help?


  2.5 million
• What does the SEC stand for?


  Securities and Exchange Commission
• What does the EBA stand for?


  Emergency Banking Act
• When was the EBA passed?


  The day after Roosevelt's inauguration for 4 days
• How many banks were permanently closed by the EBA?


  5%
• Prohibition


  A nationwide ban on the production, importation, and sale of alcoholic beverages in the United States from 1920 to 1933.
• Speakeasy


  A secretive or hidden bar or club where people could drink illegally during Prohibition.
• Bootlegging


  The illegal production, transportation, and sale of alcohol during Prohibition.
• Racial Segregation


  The practice of separating people based on their race, often enforced through laws and social norms.
• Jim Crow Laws


  Laws that enforced racial segregation and discrimination in the United States, particularly in the South, from the late 19th century to the mid-20th century.
• Great Migration


  A period of mass migration of African Americans from the rural South to urban centers in the North and West, particularly during World War I and the 1920s.
• Roaring Twenties


  A term used to describe the cultural and social changes that took place in the United States during the 1920s, including increased consumer spending and a sense of optimism.
• Stock Market


  A financial market where companies sell and trade shares of stock, and investors buy and sell stocks in hopes of making a profit.
• Black Thursday


  October 24, 1929, when stock prices began to plummet, triggering the stock market crash.
• Black Tuesday


  October 29, 1929, when stock prices fell sharply, causing a massive loss of wealth and leading to the Great Depression.
• The Great Depression


  A global economic downturn that lasted from 1929 to the late 1930s, characterized by widespread unemployment, poverty, and political instability.
• Consumer Culture


  A culture that emphasizes the importance of consumer goods and services, characterized by mass production, advertising, and consumer spending.
• Overproduction and Overspeculation


  The situation where many industries were producing more goods than people could afford to buy, leading to a surplus, and stock prices were inflated due to speculation, creating a bubble.
• Low Interest Rates


  The situation in the 1920s where interest rates were low, making it cheap for investors to borrow money to buy stocks, leading to a surge in stock market activity and prices.