USA crash + new deal

• When was Black Tuesday?

  October 29th, 1929
• The 24th October, 1929 is known as what?


  Black Thursday
• Around how many investors were speculators

  600000
• In the decade before the Crash, how many banks failed per annum

  500 banks
• What are the 5 causes leading to the Wall St. Crash


  Exports, overproduction, uneven distribution of income, economic slowdown down, action of speculators.
• Hoover believed too much intervention would damage the spirit of American what

  Self-Reliance
• How many shares were traded on 29th October 1929?

  16 million
• How many veterans stormed Washington D.C.?

  around 25,000
• By 1929, how many shareholders were there in America

  20 million, out of the 120mill population
• In 1929 how many banks failed

  695
• Average wages in the industrial and farming sectors fell by what %?

  60%
• In 1933, nearly how many million Americans were unemployed


  Around 13 million
• Provide 2 ways in which the New Deal attempted to solve the problems of the Depression

  Reduce unemployment. Revive confidence in the economy.
• Name the three core aims of the New Deal

  Relief.

  Recovery.

  Reform.
• Relief


  Assistance to the unemployed and poverty stricken, feeding the starving and stop the loss of homes or farms
• Recovery


  revive the American economy
• reform


  to create a more fair and just society by introducing measures such as unemployment insurance and old age pension to help the sick, disabled and needy.
• provide two reasons why the AAA was a success for the agricultural industry

  increasing prices and incomes doubled
• the resettlement administration of 1935 aimed to move how many families to better land?

  500,000
• by 1931, US internations trade had reduced from 10 billion in 1929 to what?

  3 billion
• give two reasons why the new deal was unsuccessul

  failed to solve unemployment. pressure from Republicans
• What did the CCC do?

  around 3 million 18-25 y/o men signed up for six months work, living in governemnt camps carrying out conservation work such as new forests and roads
• the PWA spend how much between the years 1933-1939


  7 billion
• Tennessee Valley Authority covered how many states


  7
• in what year did FDR cut the New Deal budget

  1937
• what NIRA stand for and what did it aim to do

  national inductrial recovery act. usa government money to build public amenities and improve working conditions
• Why was the Tennessee Valley Authority a success?

  Built 33 dams which irrigated dried-out lands. Provided electricity for the undeveloped areas. Created thousands of jobs in an area badly hit by the Depression.
• what was signifiant about the Works Progresw Administration of 1935

  was part of the second new deal. gave work to 2 million people. put people to working on building roads, schools, sewers and other public buildings. created projects for artists, writers and musicians ad bright together all the orginisations that were creating new jobs.
• what did the wagner act support 1935

  supported the rights of workers to form trade unions and negotiate pay and conditions. this outlawed a nukber of unfair practices used by employers to prevent union development such as firing.
• what is significant about Tuesday 14th may 1935


  Roosevelt meets with like-minded senators to take radical steps in creating a second New Deal.
• the NIRA splits into what two organisations in its attemot to solve unemployment


  the public works administration and the national recovery administration
• by 1932 how many local authorities ran out of money?

  100+
• what percentage of loss was declared in the stock market on black tuesday

  39.63%
• around how many men travvled in 1932 looking for work

  2 million