Between the Wars

Time of low economic activity and high unemployment

• Depression

• Recession

• Contraction

• Expansion

Collective Bargaining

• Rights of employers to negotiate with their union

• Rights of unions to negotiate with their employers

• Rights of employers to ban unions in their company

• Rights of employees to get rid of employers they do not like

"Spend money to make money"

• Hyperinflation

• Collective Bargaining

• Collectivization

• Deficit Spending

Deficit Spending

• When you spend more than you have in your bank account

• When the government goes into debt on purpose

• What caused the Great Depression

• What caused Hoover to not act on the Great Depression

Collectivization

• Getting rid of private farms

• Getting rid of state run farms

• Getting rid of profits from farms

• Getting rid of peasants as farmers

How does FDR help the Great Depression?

• Leaving the economy alone

• Fireside chats

• Instituting the New Deal

• Keeping US out of WWII

What treaty was created after World War I?

• The Treaty of Paris

• The Treaty of Versailles

• The Treaty of World War I

• The Peace Treaty

On October 29, 1929 a big drop in the stock market happened. This day is called…

• Black Friday

• Black Tuesday

• Blue Face

• Red Robin

What government system is being described:

- Extreme nationalism

- One strict ruler with total control

- The country is more important than the people

- Some ownership of business

• Nazism

• Communism

• Fascism

• Capitalism

This world leader had polio at the age of 39. He would serve as President of the United States for 16 straight years.

• Adolf Hitler

• Joseph Stalin

• Benito Mussolini

• Franklin D. Roosevelt