| Term | Definition |
|---|
| why did the farmers economic status establish during ww1 go "bust" ? | a) competition in europe b) technology c) over production and glutting the market |
| how did the isolationist and protectionist policies of america after ww1 contributte to world wide economic collapse? | becasue no on eoulcd buy european goods becasue of the tarriffs --- froze the trade--- |
| how did the greed of industrialists in america cause the great depression | industrialist took out the loans from the bank thinking they would be able to pay it back but they couldnt so when the bank asked for teh money they loanded out they couldnt pay it back and everything started crashing |
| what was hoovers economic policy of "laissez-faire"? how did it it contribute to the increasing economic crisis? | -"laissez-faire"-approach- let it bebelieved taht business would solve teh problem so govt' wouldnt get envolved |
| compare hoovers economic policy to FDR's policy | -hoover-- believed taht business would solve teh problem so govt' wouldnt get envolved FDR's- all of the new deals (alphabet soup) |
| skip this | skip this |
| how did america avoid fascism? ( look at fdr's attempt at packing the court and checks and balances" | . guarantee sufficient eletric power and to preven flooding in the southeast |
| how did fdr's policies lead to deficit-spending | becuase of all of his programs and he was spending a lof of money to try to make the economy better, but it was putting america farther into debt so he would have to raise the taxes or soemthing to get the money he needed--- on future money-- going to have to tax the people |
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