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Huey Long
-Long was a rollicking country lawyer who became governor of Louisiana in 1928
-He propose against FDR at "shores of wealth plan".The poorest american were promised an state of worth no less than 5,000 with a 2500 yearly minimum income guaranteed
-He wasnt able propose against FDR the New Deal because he was assassinated before he could do it -
Stock Market Crash
Main causes of the great depression:
-Tariff and 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 and structural fallings -
Stock market part B
Return to normalcy:
-A warren Hardin's"return to normalcy"meaning life before ww1 because "american first" campaign which encouraged industrialization and a strong economy independence of foreign influence
-Hardin's 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 bank solvency -
Immigration during the Depression
-Tension grew towards immigrant and migrant worker both Mexican,and European due to the lack of jobs and dust bowl
-After a certain amount of time during the depression the U.S stopped allowing immigrants into the country.
-The police started deporting Mexicans & Europeans immigrants and in some rare occasions farmers in the south were deported because they were mistaken for immigrants -
Migrant Mother
-Ms Lange 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 kitchen 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 american during great depression -
Robert Taft
-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 conservative had stopped the exposition of new deal
-Calling for economy in government a balanced budget -
Francis Townsend
-Dr.Francis.t was an american physician who devised the Townsend pan,a popular proposal for state-funded old-age pension
-Planed to end great depression by opening jobs for young people -
FDR first term
-Roosevelt's famous quote"only things we have to fear is fear itself".Addressing himself to cause of the economics crisis and its moral dimension,Roosevelt placed blame squarely on the greed and shortsightedness of Bunkers&businessman
-He defeated Herbert Hoover
-Major issue:Americans facing widespread unemployment
-Great Depression continued the nations economy continued to wheeze -
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 time period was called"Lame Duck" period
-"Lame Duck" is an elected official whose time in an office or position will soon end -
FDIC
-Federal deposit insurance corporation
-Purpose was to provide stability to the economy and the failing bank system
-Insured bank deposit so that people wont lose their savings in bank failure
-This was Roosevelt's reform of the "new deal" -
Period: to
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 through this new deal
-The federal government helped care for dependent children's and the disabled,and the federal gov, built damns along the Tennessee river that controlled flooding and generated inexpensive hydroelectric power for the people in the area -
AAA(Agricultural adjustment act)
-It's purpose was to help farmers by reducing production of stable crops,taxes forced farmers to cut amounts they marketed
-Te gov. even paid for farmers not to grow crops so prices would not go up and help the land -
21st amendment
-The 21st amendment repealed prohibition
-The 21st amendment was ratified because many people had simply refused to accept the ban on alcohol -
TVA
The Tennessee valley authority 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 3rd of the new deal -
Period: to
Franklin D.Roosevelt
-He defeated Herbert Hoover in the 1932 presidential election
-Major issues were the cultural issues which had before dominated previous elections.The depression was of major concern during this election -
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 -
Gold Reserve Act
-United states had a bi-metallic system of money
-Silver was also traded
-Gold standards 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 establishing a system of federal old-aged benefits -
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 opinions on the court Roosevelt failed many times at attempting to pass the law its failure exposed the limits of Roosevelt abilities to posh legislation through defect public -
Grapes of Wrath
-The author was john Steinbeck published in 1939
-Okies:farm families from southern plains who migrated to California in the 1930
-People think they are migrating to California for better future but reality is 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
Results of the causes-Lasting for a decade,heavy winds carried topsoil across hundreds of miles,burying homes and destroying harvest.
Effects -not able to grow enough to pay their bills,