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huey long
-long was a rollicking country lawyer who became governor of louisiana in 1928
-he propse against FDR at "shores of wealth plan" the poorest americans were promised an estate worth no less than $5,000 with a $2,500 yearly minimum income guaranteed
-he wasnt able propose against FDR the new deal because he was assassinated before he could do it -
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 fallings -
Period: to
the great depression
-during the peak of the great depression the 10 west unemployment rate was 15% until the US
-due to lack of jobs people would have to line up for free bread & soup, most people also lost their homes
-FDR created new jobs with the new deal & reform, recovery,belief -
immigration during the depression
-tension grew towards immigrants & migrant workers both mexican & european due to the lack of jobs
-after a certain amount of time during the depression -
francis townsend
-dr francis was an american physician who devised the townsend plan, a popular proposal for state funded old age pensions
-planed to end the great depression by opening jobs for young people -
William Randolph Hearst
-hearst's reputation suffered in the 1930s as his political views changed in 1932
-he was a major supporter of FDR -
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 & family in the depression
-people were homeless & went hungry millions depended on soup kitchens for their food -
FDR first term
-roosevelt's famous quote "only thing we have to fear is fear its self" addressing himself to cause of the economic crisis & its moral dimensions, roosevelt placed blame squarely on the greed & shortsightedness of bunkers & businessman
-he defeated herbert hoover
-major issue americans facing widespread unemployment
-the great depression continued the nations economy continued to wheeze -
FDIC
-FDIC (federal deposit insurance corporation)
-purpose was to provide stability to the economy & the failing bank system
-insured bank deposits so that people wont lose their savings in bank failure
-this was roosevelts reform of the "new deal" -
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 -
Period: to
new deal
-the plan of "relief, recovery, & reform" was relief for the unemployed & poor, recovery of the economy to normal levels, & reform of the financial system to prevent a repeat depression
-the "new deal" was a series of social liberal programs enacted in the united states -
SEC
-SEC was created to watch over the stock market, prevent fraud & guard against other stock market crash
-was roosevelts reform against the new deal -
TVA
-the tennesses valley authority (TVA) is a federally owned corporation in the US to provide navigation, flood control, electricity generation, fertilizer generation fertilizer manufacturing, & economic. this was part of roosevelt 3rs of 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 -
social security act
-the social security act provides the general welfare by estawishing a system of federal old aged benefits & by enawing the several states -
judicial procedures reform bill
-the reform bill was frequently called the "court packing plan" was a legislative initiative proposed by US president franklin D roosevelt to add more justice to the US supreme court
-court justices the 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 push legislation through direct public appeal -
robert taft
-senate in 1938, he opposed roosevelts new deal because he felt it was socialism
-his alternative plan was calling for economy in government, a balanced budget, & a less centralization of power in the nations capital -
grapes of wrath
-the grapes of wrath is an american realist novel written by john steinbeck & published in 1939
-an okie is a resident,native, or cultural descendant of oklahoma
-the route 66 the main highway in the 1930's that connected the great plains to california -
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
-results of the causes:lasting for a decade, heavy winds carried topsoil across hundreds of miles, burying homes & destroying harvest
-effects:not able to grow enough to pay their bills, farmers were forced to abandon their farms. many farmers moved west to Cali, & found work as "farm hands" -
AAA(agricultural adjustment act)
-its 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 up & help the land -
return to normalcy
-warren harding "return to normalcy (meaning life before wwI) because america first campaign which encouraged industrialization & a strong economy independent of foreign influence
-harding supported the idea of isolationism