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Migrant Mother
her photographs of migrants workers helped draw attention to the desperate conditions in rural Americans and helped to underscore the need for direct reliefs
Dorothea Lange -
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Huey long
-opposed the new deal because he believed that Roosevelt plan help the Americans economy after the great depression not adequately help citizens living in poverty
-"Share our wealth " plan also known as Huey's long's a program designed to provide a decent standard of living to all Americans by spreading the nation wealth among the people -
Stock Market Crash of 1929 part A
stock market crash was a decline in in U.S stock market valves in 1929 that contributed to the great depression of the 1930s
-Buying the margin became so popular that by the late 1920s, 90% of the purchased price of the stock was being made w/ borrowed money
-U.S economy had come to depend on activity
before the crash nearly 40 cents of every dollar loaned in american was used to buy stock -
Stock Market crash of 1929 part B
-president Harding wanted to return to normalcy and the economy became good
-millions of Americans became unemployed
-protectionism was a result of the great depression whivh a result of the crash -
Stock Market crash of 1929 part C
-As a bank run progresses it generates its own momentum as move people with draw cash the likelihood of default increases triggering fur them with draws
-This can destabilize the bank to the point where it runs out of cash and thus sudden bank failure -
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Great Depression
one fourth of the labor force was out of work hourly wages dropped by 50% hundreds of books had faded price for agricultural products dropped to their level the civil war
the worst unemployment hate was in 1932 and it was 23.6%13 to 15 millions was unemployment
the government instructed a sense it experimental projects and programs known collect as the new deal that elected to restore property to many Americans
many were depended at their homes or evicted -
Immigration during the great depression
immigration act opposed quotas on immigrants from Europe but not from mexico
Mexicans freely entered the us as long as they payed tax and passed a test
many came to escape tumoial cased by the Mex revolution
immigrants were talking all jobs so hoover passed a Mexican reparation act to send them back to mexico -
Dust bowl
-human cause
-farms had grep plowing the grass lands for crops in central plains and trapping under ground water supplies natural causes were 10 year drought has occurring
-farmers had to move to California because their harvest has being destroyed the wind Carrie the topsoil away this is why if was called dust bowl -
William Randolph Hearst
Hearst"s reputation suffered in the 1930's as his polical views changed in 1932 he was a major supporter of FDR
His news papers throughout 1933
Hearst broke with FDR in the spring of 1936 when
president vetoed the pat man bonus bill -
FDIC
it the federal deposit insurance corporation
its on independent agency of the federal government that preserves confidence in the banking system by insuring deposit
president Franklin Roosevelt signed the banking act in 1933 a part established FDIC
This was part of Roosevelt reform legislation the new deal -
20th Amendment
20th amendment intended for lame duck sessions to occur
A lame-duck session of congress in the united states occurs whenever one congress meets after its successor is elected
what each amendment did it changed both president couldn't be the same building -
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Franklin D Roosevelt presidency
He defeated Herbert in the 1932 election
"Only thing we have to fear itself " FDR was trying to say that our fear is what's causing things to go wrong.it gave the American people & government time to clam down &make recovery plans.
The greatest problem was the widespread of unemployment due to the stock market crash of 1932 & the dust bowl
FDR promised American a "new deal " to put them back to work the 3 R'S relief recovery & reform -
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The New Deal
the new deal was helped am recover from depression
relief provide temporary help to suffering and unemployment am includes the social security act
recovery was help the economy bounce back from the depression includes the agricultural adjustment
reform targeted the caused of the depression creating FDIC &bank reform played a big part
he expanded the role of government through programs designed to restore public confidence and provide jobs -
Francis Townsend
-Dr.Francis was physician who devised the Townsend plan
The plan promised the end the great depression by opening up jobs for younger workers while forcing senior to send money in the consumer economy
Adopted a version of the Townsend plan when the social security program was created -
21st amendment
-it passed in 1933
-repealed the 18th amendment
-cause-Americans concerned about the adverse of drinking
-effect -brought and end the era of nation probation of alcohol in america
-even president Harding drank alcohol in the white house -
Gold Reserve act & the Gold Standard
gold &silver have provided two accepted forms of exchange
came to an end in 1933 when pres Roosevelt issued an executive out landing the ownership of gold except for jewelry
Roosevelt wanted people rely on paper money in order to expand the money supply stimulated economic activity
fiat money is printed currency -
S.E.C security &a exchange commission
Was created to watch over stock market present fraud & guard against another stock market collapse
Part of the REFORM in the 3 R'S
required public corporations to register that stock sales -
Social Security Act
in the pre-social securities era almost no had any reliable cash generating from of retirement security
it is an act to provide for the general welfare by enabling the states to make more adequate provision for aged people get checks a for retirement due to the dedicated social security pay roll taxes paid by employee and employers -
AAA Agricultural Adijustment Acts
In 1936 the Supreme Court declared the AAA constitutional
Was a us federal law of the new deal era which reduced agricultural production by paying farmers subsidies not to plant on part of their land & to kill of excess livestock Its purpose was reduce crops surplus there fore effectively raise the valve of crops part off " recovery "in the 3 R'S -
Gold Reserve Act
-united state had a bi-metric system of money
silver was also traded
-gold standard came to end in 1933 when Roosevelt issued an executive order outlawing the owner ship of gold besides jewelry
-Roosevelt wanted people to rely on" fiat money" (paper money ) -
"Grapes of wrath"
Author:John Steinbeck
Route 66:main road of exodus for those fleeing from harsh economic and environmental conditions of the duet bowl "Oakies"
-they called immigrant lookers this .it was a nickname that meant scum
-they moved to fine New means of survival
-mild climates allowed for a long growing season in California & steady income
-they found low paying jobs
-corporation owned farms -
Judicial Procedures Reform Bill
purpose to obtain favorable ruling regarding new deal legislation
cause add more justices to the US Supreme court
viewed the congress saw it as unconstitutional
issued he stepped pass presidential power &did not follow check & balance