-
Huey Long
Long was a rollicking country lawyer who became governor of Louisiana in 1928
He propose against FDR at "shares of wealth plan"
The poorest Americans were promised an estate worth no less than $5,000 with a $2500 yearly minimum income guaranteed
He wasn't able propose against FDR the New deal because he was assassinated before he could di it -
Stock Market Crash
Was a result of various economic imbalances and structural failings
Main Causes:
Tariff and war debt policies that cut down the foreign market for America goods
A crisis in the farm sector
The availability of easy credit
An unequal distribution of income -
Stock Market Crash part B
Return to Normalcy
a Warren Hardin's "Return to normalcy" meaning life before WWI because "America first" campaign which encourage industrialization and a strong economy independent of foreign influence
Harding supported the idea of isolationism
He wanted the US to focus on peacetime production and prosperity
Bank Run- when a large number of costumers of a bank or another financial institution withdraw they deposits simultaneously due to concerns about the banks solvency -
Immigrants during the Depression
The stock market crashed in 1929 it caused high unemployment , Americans panicked, they began to blame Mexican and European immigrants for their problems
The U.S deported about 1.5 million Mexicans and Europeans between 1929 and 1935
President Hoover authorized a special Mexican Repatriation Act to send Mexican-American immigrants back to Mexico -
Migrant mother
Ms Lang during her career in 1930's 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 kitchens for their food
the last photo "Migrant mother" was published in the San Francisco MARCH 10, 1936
Effect: was funded by federal agencies farm security administration helped draw attention to the desperate conditions in rural America during GD -
Robert Taft (new deal socialism)
Co-operating with conservative Democrat and led the conservative that opposed the new deal
The republican gains in the 1938 elections combined with the creation of the conservative had stopped the expansion of new Deal
Calling from economy in government a balanced budget , and less Centralization of power in the nation's capital -
Francis Townsend
Dr.Francis T was an American Physician who devised the Townsend Plan, a popular proposal for state-funded old-age pensions
Planed to end Great Depression by opening Jobs for young people -
FDR First term
-Roosevelt's famous quote "Only thing we have to fear is fear itself" addressing himself to cause of the economic crisis and its moral , dimensions, Roosevelt placed blame squarely on the greed and shortsightedness of Bankers and businessman
He defeated Herbert Hoover
Major issue Americans facing widespread unemployment
Great depression continued the nations economy continued to wheeze -
FDIC
(FEDERAL DEPOSIT INSURANCE CORPORATION)
-Purpose was to provide stability to the economy and the failing bank system
-Insured bank deposits so that people wont lose their savings in bank failure
This was Roosevelt's reform of the "NEW DEAL" -
20th Amendment
The 20th Amendment was to move the inauguration up for February to January , so two presidents will not be in office at the same time
This period is called the "lame duck" period
"Lame duck" is an elected official whose time in an office or position will soon end and does little as the president -
Agricultural Adjustment Act
It's purpose was to help farmers by reducing production of staple crops, taxes forced farmers to cut amounts they marketed
The government even paid for farmers not to grow crops so prices would not go of and help land -
New Deal
He tried to stabilize the economy and provide jobs and relief to those who were suffering and aimed to restore some measure of dignity and prosperity to many Americans Though this deal
The federal government helped to care for dependent children's and the disabled , and the federal government built dams along the Tennessee River that controlled flooding and generated inexpensive hydroelectric power for the people in the area -
21st 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 -
Tennessee Valley Authority (TVA)
The TVA is a federally owned corporation in the United States to provide navigation , flood control , electricity generation , fertilizer generation, fertilizer manufacturing and economic
this war part of Roosevelt's 3R'S of the new deal -
SEC
Sec was created to watch over the stock market, prevent fraud and guard against other stock market-market-collapse
was Roosevelt's reform against the New Deal -
Gold Reserve Act
United States 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) -
Social Security Act
The social security Act provides the general welfare by establishing a system of federal old-aged benefits and by enabling the several states to make more adequate provision for aged persons, blind persons , dependent and crippled children, maternal and child welfare, public health and he administration of their unemployment compensation laws to establish a social security board to raise revenue and for other purposes -
Judicial Procedures reform bill
The reform Bill was frequently 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
The Bill was to increase the number of U.S Supreme court justices then to bring in several new justices who would change the balance of opinion on the court
Roosevelt failed many times at attempting to pass the law it's failure exposed the limits of Roosevelt abilities to pass legislation . -
Grapes of Wrath
-The Author was John Steinbeck published in 1939
-Okies- farm families from Southern Plains who migrated to California in 1930
People think they are migrating to California for better future, but reality is its hard to find jobs
-Route 66 was the path migrant farmers used to get to California from the Dust Bowl area -
Dust Bowl
Human causes- Farmers have been tilling the great plains , cutting the grasses covering the topsoil
Natural causes- Droughts dried up crops, which turned soil into dust
Result of the causes- Lasting for a decade , heavy winds carrier topsoil across hundreds of miles , burying homes and destroying harvest
Effects- Not able to grow enough to pay their bills, Farmers were forced to abandon their farms , Many farmers moved west to California and found worth as "Farm hands" -
William Randolph Hearst
Hearst's reputation suffered in the 1930's as his political views changed in 1932
He was a major supporter of FDR his newspapers throughout 1933
-Hearst broke with FDR in the spring of 1935 when President vetoed the part man Bonus Bill