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Define: armistice
Agreement to stop fighting.
Define: Great Migration
Movement of African Americans from the south to the north/west for jobs.
Define: stock
An ownership share in a corporation.
Define: stock market
the place where stocks are bought and sold
Define: investor
Someone who takes money and spends it on something to make profit
Define: stockbroker
A person who buys and sells stocks to customers
What were the causes World War I in Europe?
M-militarism (countries began building up armies in hopes of protecting their empires)
A-Alliances (countries began distrusting those around them, alliances began to form)
N-Natioanlism (people began to take pride in their country and would began disliking other countries around them)
I-imperialism(Many european countries establishing colonies around the world)
A-Assasination (Serbian natioanlist Arch Duke Franz Ferdinand on 1914 june 28th)
At the beginning of World War I, what was the United States’ role in the war?
Was nuetral
What were the three reasons for the United States entering World War I
1.Lusitania germany killed many
american passangers on the british passanger ship
2. propaganda
3. zimmerman telegram (mexico attack us from germanby)
How did Georgia and its citizens contribute to World War I?
textile mills made fabric uniforms.
railroads carried supllies and soliders to ports
Farmers grew more food
Commercial canning of plants
What new forts were established in Georgia during World War I?
CAMP BENNING
Fort McPherson
Camp Gordon
When did the armistice for WWI take place?
November 11th 1918 (US JOIN WAR APRIL 1917)
What is the boll weevil?
A small beetle that destroys cotton inside the boll
Where did the boll weevil come from?
Mexico
What does the boll weevil eat?
Cotton from the boll
What effect did the boll weevil have on Georgia’s economy?
Destroyed 2/3rds of GA cotton crops
What other natural disaster hit Georgia hard in 1924?
The drought
What were both the positive and negative effects of the drought?
Great migrations, couldnt afrm
How did Georgia end up in a deep depression?
Boll weevil + drought made farms fail causing the banks that loaned to the farms take huge losses and many farm related businesses closed
What led to the Great Migration?
The drought made no jobs in farms so many blacks left to north to find work
Because times were good during the Roaring Twenties, what did people start to do? How?
Started focusing on buying things using credit and installment plans
How did people buy stock?
On margin, only paid for part of the stock and loaned the rest.
What was happening in the stock market from March until October 1929?
Went down and up in a series of mini crahses, each time it recovered.
What happened on “Black Tuesday”?
The stock market on tues october 29th 1929
How did bank failures take place in the 1920’s and 1930’s?
If All of banks customers tried to withdraw their money so the banks would run out of money.
How did bank failures contribute to the Great Depression?
many people lost life savings and those bamks still open were very hestiant to give peopleloans.
After the stock market crashed, how did Americans change their spending habits?
stopped purchasing goods
Name 3 effects of a reduction in purchasing.
Didnt make as many products (lowered production rates)
Didnt need as many workers (Many were laid off)
25% of ameriucans lost their jobs and didnt have money to spend
Explain how overproduction of agricultural crops occurred. How did this contribute to the Great Depression?
Occured when the Us grew as many crops as they could meaning the price of the crops went down which led to less profit for farmers further contributing to the great depresion
What was the New Deal?
FDRS relif program
What was the first objective of the New Deal and what did FDR do to accomplish it?
Economic recovery, closed all banks until they could prove they had good money management, only then they were allowed to reopen. Then established FDIC insurance program that indiciduals have in a bank.
What were the four goals of the New Deal legislation?
Economic recovery
Relieve suffering of unemployed
reform defects in the country
improve society
The New Deal had many programs that were referred to by their initials, what do the following initials mean?
CCC-civilian conservation corps
AAA- Agricultural Adjustment Act
REA- Rural electrification act
SSA - Social secuirity admin
Who was given jobs through the CCC?
Young single men, mostly war veterans.
What famous hiking trail was built by the CCC?
The appalachain trail.
How did the CCC help Ga?
helped construct sewer prohjects
flood control + drainage products
recreation facilities and gov facilities
Built + expanded schols and hospitals
What was the AAAs purpose?
To help farmers by raising [price of crops by limiting the suplly
How did the AAA attempt to accomplish this purpose?
Paying farmers not to plant crops (subsidy)
encouraging farmers to plan penuts, corn and tabocco instead of cotton
encouranging famrmers to raise more livestock
Subsidy:
Paying farmers not to produce a certain crop in hopes of raising the prices
Why did sharecroppers and tenant farmers not benefit fron the AAA?
Because the Afrm subsidies wnt to the propety/farm owners rather than the tenant farmers
What was the affect of the AAA in georgia?
farmers took subsidies and raised fewer crops
bought new farming equipment and diversified their crops
some left farming all together
By 1940 GA was leading stayte in penbut production
1950 led in poultry
Peach harvesting also increaed
Why did Roosevelt visit Warm Springs?
Visited Warm Springs as a treatment to his Polio
What new deal program was created because of roosevelts visits to Warm springs?
Rural electrification association
Why did president Roosevelt propose this idea?
Noticed that electricty was rare in rural areas/farms anbd was more expensive
What was the affect of the REA?
allowed farmers to have electricity and electric appliances that made farm life easier
what new deal program is still in use today?
Social secuirity Administratiin
What 2 programs were established by the SSA?
Old age benefits for retired workers (Would be given moeny to live on)
Unemployment ebenfits
(Would givve moeny to unemployd and disabled people)
What 2 groups were NOT covered by the SSA?
Farm and household wokrers who did not own land
How did the New Deal progras affect African Americans?
Many household and farm jobs were by blaxks at this time and they did not own land or get paychecks from a company that paid the SSA so tehy werent covered
Who was the govener of GA when the New Deal was created?
Eugene Talmadge
What group of georgians supported Eugene Talmadge?
Rural Farmers
What political office did talmadge serve b4 govener?
served as Ga commisioner of agriculture 3 tinmes (+ supported economic policy that benefitred famrers)
As govener, what piece of legislature did the support that hel[ed the farmers?
Lowereing price of automobile registration tags+ lowering the price of utilities
How did talmadge feek about the new deal relif programs?
he was a conservative and didnt like federal governmnebts interventials or teh government helping the poor instead of building highways for public
Why did federal gov take over the new deal laws in GA?
Took over the programs in GA to make sure money was spent as it should becaue Eugene refuse to follow program
Why did he run for US senate in 1936
us law wouldnt let him run for govener 3 times in a row.
How many times was talmadge elected givener/.
4 terms but died before doing the 4th one