1. What were the causes of the stock market crash of 1929 and the Great Depression? (stock market) buying on margin would cause over speculation which caused overpriced stock, Too much borrowing from banks due to low interest rate. Government didn't have regulations which caused pooling. Over-speculation and over priced stock were a huge cause. Federal Reserve raised interest rates.
Causes of the Great Depression: Stock Market crash, bank failures, reduction in purchasing, American Economic Policy with Europe, and Drought Conditions.
American Economic Policy with Europe: Smoot- Hawley Tariffs were extremely high and hurt companies. Tariff-tax on imported goods idea: protects American Companies, and encourages people to American business, World trade was ruined by the Tariffs.
Reduction in purchases: people lost jobs.
2. What impact did the stock market crash and Great Depression have on the lives of people in the United States?
3. What did the United States government do to help alleviate the problems the Great Depression brought to our country?
New Deal: Main focus was on business and banks, started in 1932, based on the 3 R's Relief, Recovery, and Reform.
Legislation: Home Owner's Loan Corporation, Federal Emergency Relief Administration.
The Emergency Banking Act reopened the banks and shut down all banks for called a Banking holiday.
Tennessee Valley Authority: Government dams and hydroelectric plants.
FSA and FCIC were also created.
WPA, SEC, SSA, CCC were created.
The FDIC and SEC were created during the 30s
The Tariffs were reduce for easy world trade and we have relatively low tariffs now.
Martha Stewart was arrested for stock Fraud
TVA was government introduced and is still around today but they are a private company now.
4. What long lasting impact did the Great Depression have on the US and world?
5. What were the causes of WWII?
6. What impact did the United States have on WWII?
7. What were the goals for the US during the Cold War?
Stop the spread of commumism, Containment,
8. What were some of the major events that took place during the Cold War?
-Berlin Blockade/airlift, Cuban Missile Crisis, Red Scare/McCarthyism, Space Race, Bay of Pigs, Berlin Wall, End of the Cold War
9. Why did the US go to war in Korea and Vietnam and what were outcome of those wars?
To stop the spread of communism, Korea was made into Communist North, and Free South. Vietnam, we pulled out then North over took South and they became united as Vietnam and are still communist today.
10. How did the Cold War come to an end?
Gorbachev was open to change, He and Reagan met, Soviet economy was bad, soviets were in a war in Afghanistan.
11. Know these major major post-Cold War Events:
-JFK Assassination
-Watergate- Richard Nixon.
-Iran Hostage Crisis- 52 hostages
-Persian Gulf War(1991)- Desert shield/storm
-9-11- terrorist attack
-War in Afghanistan- osama bin ladin
-War in Iraq- WMD's Saddam Hussein
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