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Topic 19.12History HL24 flashcards

The Great Depression and the Americas (mid 1920s–1939)

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Card 1 of 2419.12.1
19.12.1
Question

What are the two main categories of causes of the Great Depression that Paper 3 requires you to explain?

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All Flashcards in Topic 19.12

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19.12.112 cards

Card 1concept
Question

What are the two main categories of causes of the Great Depression that Paper 3 requires you to explain?

Answer

Political causes (e.g. Republican low-regulation, low-tax, high-tariff policy under Harding/Coolidge) and economic causes (overproduction, unequal wealth, credit/margin buying, weak banks, farm depression).

Card 2definition
Question

What is 'buying on margin'?

Answer

Buying shares using mostly borrowed money, putting down only a small deposit — this multiplied both gains and losses, making the 1929 stock market crash far more damaging.

Card 3process
Question

Give an example of a chain of causation from overproduction to bank failure.

Answer

Overproduction → unsold goods and falling prices → factories cut jobs and profits fall → some turn to stock speculation instead → Crash wipes out margin investors → banks that lent for speculation or held falling investments collapse.

Card 4example
Question

What was the Smoot-Hawley Tariff (1930) and what effect did it have?

Answer

A law raising US import taxes on over 20,000 goods, meant to protect US industry. Other countries retaliated with their own tariffs, so world trade collapsed, deepening the Depression globally.

Card 5concept
Question

What philosophy guided Herbert Hoover's response to the Depression?

Answer

Voluntarism and 'rugged individualism' — the belief that private charity, local government, and voluntary business cooperation should solve the crisis, not direct federal relief to individuals.

Card 6definition
Question

What was the Reconstruction Finance Corporation (1932)?

Answer

Hoover's main intervention: a federal agency that lent money to banks, railroads, and insurance companies to stop them collapsing. Criticized for rarely reaching ordinary unemployed families.

Card 7example
Question

What was the Bonus Army incident (1932) and why did it matter?

Answer

WWI veterans camped in Washington DC demanding early payment of a promised bonus; Hoover had the army forcibly clear them. The harsh scenes badly damaged Hoover's public image before the 1932 election.

Card 8concept
Question

What are the '3 Rs' of FDR's New Deal?

Answer

Relief (immediate help for the unemployed and poor), Recovery (getting the economy growing again), and Reform (fixing structural weaknesses so it couldn't happen again).

Card 9comparison
Question

Name two New Deal agencies focused mainly on Relief, and two focused mainly on Reform.

Answer

Relief: Civilian Conservation Corps (CCC), Works Progress Administration (WPA). Reform: Social Security Act (1935), Wagner Act (1935).

Card 10example
Question

Why did the Supreme Court strike down the NRA and AAA?

Answer

The Court ruled in 1935 (NRA, Schechter case) and 1936 (AAA) that these programmes were unconstitutional over-reach by the federal government into areas beyond its powers.

Card 11comparison
Question

Name one critic of the New Deal from the political left and one from the right.

Answer

Left: Huey Long ('Share Our Wealth'), who said it didn't redistribute wealth enough. Right: the American Liberty League, business leaders who said it was pushing the US towards socialism.

Card 12concept
Question

Did the New Deal fully end the Great Depression by 1939?

Answer

No. Unemployment fell from about 25% (1933) to about 14% (1937), but a recession hit in 1937–38. Full recovery only came with wartime production spending from 1941.

19.12.212 cards

Card 13concept
Question

Who was Canadian PM until 1930 and believed relief was a provincial, not federal, responsibility?

Answer

William Lyon Mackenzie King (Liberal)

Card 14concept
Question

Who was Canadian PM 1930–1935 whose tariffs deepened the Depression before a late 'New Deal'?

Answer

R.B. Bennett (Conservative)

Card 15example
Question

What was the On-to-Ottawa Trek?

Answer

A 1935 protest where relief-camp workers rode boxcars toward Ottawa demanding better conditions; stopped violently at the Regina Riot

Card 16definition
Question

Define Import Substitution Industrialization (ISI).

Answer

Building domestic factories to produce goods that were previously imported, used by Latin American states when imports became unaffordable

Card 17example
Question

What triggered the 1930 coup against President Yrigoyen in Argentina?

Answer

Economic collapse and falling export revenue discredited his government, leading to a military takeover and the 'Infamous Decade'

Card 18example
Question

How did Getúlio Vargas come to power in Brazil, and what did his rule become?

Answer

Seized power after a disputed 1930 election; later ruled as dictator under the Estado Novo from 1937

Card 19process
Question

Process: how did export dependence lead to political instability in Latin America?

Answer

Export prices collapsed after 1929 → government tax revenue fell → states couldn't pay debts/workers → public anger → coups/authoritarian takeovers

Card 20example
Question

How did African Americans experience New Deal relief programmes?

Answer

They suffered the highest unemployment and faced discrimination in relief programmes (e.g. unequal CCC pay), despite being a target of some aid

Card 21definition
Question

What were the Federal Art, Theatre, and Writers' Projects?

Answer

US New Deal programmes that paid unemployed artists and writers to create murals, plays, and guidebooks

Card 22comparison
Question

Compare: Canada's response to the Depression vs the USA's under FDR.

Answer

Canada (King then Bennett) was slower and more limited due to divided federal/provincial power and political caution; the USA under FDR intervened boldly and quickly with the New Deal

Card 23example
Question

What is Mexican muralism, and who is its key example named in this micro?

Answer

Large public murals celebrating workers and national identity; Diego Rivera is the named example

Card 24concept
Question

What percentage of Canadian workers were unemployed by 1933?

Answer

About 27%

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