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The stock market crash
Main causes:
-Tariff & war debt policies that cut down the foreign market for american goods
-A crisis in the farm sector
-The availability of easy credit
-An unequal distribution of income
-The stock market crash was a result of various economic imbalances & structural falling -
Immigration driving the depression
-The stock market crashed in 1929,it caused high unemployment, American panicked,they began to blame Mexican & European immigrants for their problems
-The U.S. deported about 1.5 million Mexicans & European between 1929 & 1935
-President hoover authorized a special Mexican Repatriation Act to send Mexican-American immigrants back to Mexico -
Migrant Mother
-Ms.lange during her Career in 1930
-She wanted to use the power of the image to effect political change. Many Americans lost their homes and family in the depression people were homeless and went hungry millions depended on soup Kitchen's for their food
-The last photo "migrant mother " was published in the San Francisco March10,1936 -
20th amendment
-"lame duck" is an elected official whose time in an office or position will soon end and does little as the president
-The 20th Amendment was to move the inauguration up for February to January so two president will not be in office at the same time.This period is called the "Lame Duck" period -
AAA(Agricultural adjustment Act)
-it's purpose was to help farmers by reducing production of staple crops,taxes forced farmers to cut amount they marketed
-the gov. even paid per farmers not grow crops so prices would not go up and help the land -
Francis Townsend
- Dr.Francis was a physician who devised the Townsend plan -The plan promised to en the great depression by opening up jobs for younger workers, while forcing seniors to spend money in the consumer economy -Adopted a version of the Townsend plan when the social security program was created
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SEC
-SEC was created to watch over the stock market,prevent fraud and guard against other stock-market collapse
-Was Roosevelt's reform against the new deal -
21 amendment
-The 21st Amendment repealed prohibition
-The 21st Amendment was ratified because many people had simply refused to accept the ban on alcohol
-President Harding drank alcohol in the White House during the prohibition -
TVA
The Tennessee valley authority(TVA) is a federally owned corporation in the united states to provide navigation,flood control ,electricity generation, fertilizer generation fertilizer manufactoring, and economic.This war part of Roosevelt 3R's of the new deal -
Gold Reserve Act
-United State had a bi-metallic system of money
-Silver was also traded
-Gold standard came to an end in 1933 when Roosevelt issued an executive order outlawing the ownership of gold besides jewelry
-Roosevelt wanted people to rely on "flat money"[paper money] -
Judicial Procedures Reform Bill
-The reform bill was Frequency called the "court packing plan" was a legislative initiative proposed by U.S. president Franklin D Roosevelt to add more justice to the U.S. supreme court,court justices then to bring in several new justice who would change the balance of opinion on the court.Roosevelt many times at attempting to pass the law its failure exposed the limits of Roosevelt abilities to push legislation through direct public appeal -
Robert tarf
-Senate in 1938,he opposed Roosevelt's new deal because he felt it was socialism
-It is alternation plan was calling for economy in government,a balanced budget, and a less centralization of power in the nations capital -
Grapes of wrath
-The grape of wrath is an American realist novel written by john Steinbeck and published in 1939
-An Okie is a resident,native,or cultural descent of Oklahoma
-The route 66(U.S.66 or route66) the main hwy in the 1930's
-Migrants went to California in hopes to find jobs and places to work but when they got there the jobs were taken -
FDIC
-Its the federal deposit Insurance Corporation
-Its on independent Agency of the U.S. federal government that preserves public confidence in the banking system by insuring deposits
-President Franklin Roosevelt signed the banking Act in 1933 a Part which established FDIC
-This was part of Roosevelt "reform Legislation" during the new deal