Week 5

By Miya67
  • 1933 BCE

    The Gold Standard

    -Gold & Sliver were traded.
    -use of the gold standard came to an end in 1933 when president Roosevelt issued an executive or does outlawing the ship of gold
    -But Roosevelt wanted people to reoly on paper money (fiat money) in order to expand the money supply & stimulate economic activity
  • 1933 BCE

    21st Amendment

    -in 1933, the 21 amendment to the constitution was passed and ratified ending national prohibition. -after the repeal of the 18th amendment some states continued prohibition by maintaing statewide temperance laws..
  • Period: 1933 BCE to 1938 BCE

    New Deal

    • Roosevelt blamed the bankers selfishness & financiers for current crisis -Roosevelt posed through legislation which is hard in less critical times -all the important bills submitted in these 1st 100 days Roosevelt explained these n-d measures as the three R's relief ,recovery , reform change
      -The n-d change the god, how since the new deal the Gov. has shifted to take care of U.S it provides social & medicare for older people , the the FDIC to insure our banks deposits and lower tares

  • Robert Taft

    -Taft was elected for US senate in 1938.
    he opposed and denounced FDR's New deal said that it had socialist trends. Taft's plan called economy in gov, a balanced budget , and less centralization of power in the nationals capitalist.

  • Stock Market Crash

    -Causes the stock market crash of 1929 was largely caused by bad stock market investment .low wages, a crumbling agricultural sector, & high amounts of debt that couldn't be liquidated.upward trends in the stock market caused many people to invest , money,even if they didnt have the financial assets to back up their investments
    A:Explain buying on the margin

  • Great Depression

    -When panicked sellers traded nearly 16 million shares on the new York stock exchange
    -Corporations could no longer raise funds
    -In 1940, 15% was the lowest unemployment rate
    -People had fought for their daily Survival business failed, farmers lost there farms, banks failed and many people were out of work
    -The money supply growth caused by huge international gold influence was a crucial source of the recovery of the united states economy
    -People were hungry and went homeless

  • Huey long 'Share Our Wealth "

    -Was a democratic Governor of Louisiana opposed the new deal bc he believed Roosevelt plan didn't help people living in poverty after great depression
    -His plan wanted to take money from the wealthy & give to the poor

  • Federal Deposit Insurance corporation

    -The FDIC provided federal insurance for individual bank accounts of up to $5,000 reassuring millions of bank customers that their money was safe
    - congress and the president also worked to regulate the stock market , in which people had lost faith because of the crash of 1929
    -The FDIC was part of Roosevelt new deals the 3 R'S Relief , Recovery ,reform

  • Migrant Mother

    -She Focused her photography career on destitute migrant workers , children & Mothers
    -There career helped raise funds by federal agencis . it also helped draw attention to the desperate conditions in rural america and helped to underscore that need for direct.

  • Migrant Mother

    -She focused her photography career on destitute Migrant Workers,Children & mothers
    -Her career Helped Raise Funds by federal agencies it also helped draw attention to the desperate conditions in rural america and helped to underscore the need for direct relief

  • AAA (Agricultural Adjustment Act)

    -Gave Farmers government payment ,to grow farmers crops
    -smaller supply of crops would increase demand for those crops, this would help farmers earn money.
    -its purpose was to improve & preserve national soil resources also prevent it from eroding
    -long term effect was to help keep the pricing of crops stabilized.

  • Dust Bowl

    -Drought is a part of a weather cycle ,Naturally occurring on the Great Plane
    -Farmers from TX to N.D used tractors to break up the grasslands and plants millions of areas of new farmland
    -Dust traveled hundreds or miles ,Plagued by dust storms and evictions thousands of farmers and share croppers left their land behind .
    -by the end of the hundreds of thousands of farm families had migrated to cail and other pacific coast states

  • Grapes of Worth

    -okies:Where natives from Oklahoma forced to move due to drought and farm foreclosures int he 1930's to California using route 66 to seek better jobs
    Migrant Hopess vs really people came from all around the us with hopes of a better life and better jobs, but only came to find even more poverty or if not already poor they became poor.