10: The 1920s, the Great Depression, and the New Deal Free Online FlashCards

Who did not fully share in the 1920s economic gains?

Prosperity was uneven: farmers, many industrial workers, African Americans, immigrants, and rural communities often did not share fully in the decade’s economic gains.

What was the economic risk of installment buying?

Installment plans let families buy goods before saving the full price, but increased household debt and made the economy more vulnerable when incomes declined.

About what share of families owned radios by the late 1920s?

By the end of the 1920s, about 40 percent of American families owned radios, helping create shared national audiences for entertainment and political speech.

How did the Immigration Act of 1924 allocate national quotas?

The Immigration Act of 1924 limited each nationality to 2 percent of its U.S. population according to the 1890 census, favoring northern and western Europeans.

Why did African Americans participate in the Great Migration?

African Americans moved from the rural South to northern and western cities seeking jobs, education, political participation, and relief from Jim Crow and racial violence.

What happened in Tulsa’s Greenwood District in 1921?

On May 31 and June 1, 1921, white mobs attacked Tulsa’s Greenwood District, destroying homes, businesses, churches, and cultural institutions and leaving thousands homeless.

What was the Harlem Renaissance?

The Harlem Renaissance was a major flowering of African American literature, music, art, and intellectual life that made Black culture central to modern American culture.

Why was the 1929 crash not the sole cause of the Depression?

The crash was a trigger and amplifier, but the Depression’s depth resulted from speculation, unequal purchasing power, farm debt, industrial contraction, bank failures, and weak monetary responses.

What did the Banking Act of 1933 create?

The Banking Act of 1933 created the Federal Deposit Insurance Corporation, which insured deposits and helped restore confidence after widespread bank failures.

What did Hoover’s voluntarism emphasize?

Hoover initially emphasized voluntary cooperation among businesses, local governments, charities, and individuals, believing direct federal relief could weaken responsibility and local self-government.

What were the New Deal’s three Rs?

The New Deal’s three goals were relief for immediate hardship, recovery of production and employment, and reform to prevent future economic disasters and provide security.

What work did the Civilian Conservation Corps provide?

The Civilian Conservation Corps employed young men in conservation work, including reforestation, soil-erosion control, and park development.