week 5 Great Depression

  • Dorthea Lange's

    Migrant mother is one of a seris of photographs,are homeless women their children & migrant workers
    her work was funded by federal agencies, such as the farm security administration
  • Stock Market Crash

    it was a result of various economic imbalances & structural failings
    in 1920's a rapid growth in bank credit & loans in the U.S
    people who borrowed money were exposed & rush to sell shares & try to redeem their depts
    margin millionaires get wiped out when stock market fall
    stock market crash can be blamed on over exuberance & false expectation
  • Stock Market Crash-A

    buying on the margin:meant people had to pay 10-20% of the value of the shares,you were borrowing 80-90%of the value of the shares
    -an example of buying on margin to get a loan from bank to pay off another loan
  • Stock Market Crash-B

    warren G harding campaign promised to return the us prewar mentally without the thought of war tainting the mind of american people
    a return to the way of life before WW1
    foreign competition by mean of tarries weaken import quotas or other restrictions or handicaps placed on the imports of foreign competitors
  • Stock Market Crash-c

    -disposable income is the amount of money that household have available for spending
    -people were spending instead of saving ,when the market crashed all the people did a bank run to get more
    the bang run caused bank failure b/c the banks couldn't keep up with the people demands for money
  • great depression

    -when panicked sellers traded nearly 6mil on anew york stock exchange
    corporations could no longer raise funds
    in 1940 15% was the lowest employment raise
    people had fought for their daily survival banks failed and many people were out of work
  • migrant mother

    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 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
  • 20th amendment

    the 20th amendment was too 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
  • AAA (Agricultural adjustment act)

    it's purpose was to help farmers by reducing production of staple crops taxas forced farmers to cut amounts they marketed
    -the gov. even paid for farmers not to grow crops so prices would go up and help the land
  • securities and exchange commission

    The Purpose of the SEC is protecting investors from dangerous or illegal financial practices of fraud
    the issues it addressed was the fact that no one was watching stock markets
    the effects collapse in doing so it evolved our markets into high-tech trading centers
  • 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 built dams along the Tennessee River that controlled flooding and generated inexpensive hydroelectric power for the people in the area
  • 21st Amendment

    -many people had simply refused to accept the alcohol
    -Even president harding died alcohol in the white house
    -prohibition was replaced by 21st amendment
    -the experience of prohibition demonstrate that unpopular laws was sometimes not enforced
  • william Randolph hearst

    hearts reputation suvived in the 1930 as his political views changed in 1932 he was a major supporter of FDR his news paper throughout 1933
    -hearst broke with broke with FDR in the spring of 1936 whos president vetoed the pat man bonus bill
  • Gold river act

    -U.S had a bi]-metallic system of money
    -silver was traded
    -gold standerd came to end in 1933 when Roosevelt issued an executive order outlawing the ownership of gold besides jewelry
    -Roosevelt wanted people to reply on Flat money
  • huey long

    -US senator & former governor of Louisiana Huey long promised to give each american family an income of 5,000 a year to be paid for by taxing the Rich Long, was assassinated before he was able to mount his campaign against FDR
  • judicial Procedures reform bill

    Roosevelt proprosed a paln to allow the president to add a new appointment to the supreme court for each justice over 70 years old
    the plan would have givin Roosevelt the right to appoint six justices giving him control over the court
    his court packing scheme was widely viewed as an attempt to upset the traditional seperation of powers Roosevelts government moved beyond
  • grapes of wrath

    -the grape of wrath is an american realist noel writtin by john steinback and published in 1939
    -an okie is a resident ,native of cultural(descendant of Oklahoma
    the route 66 (U.s 66or route 66) the main hwy in the 1930's that connected the great plains to California
    -migrants went to California in hopes to find jobs and places to work but when they got there the jobs were taken
  • Robert Taft (New Deal Socialism)

    Co-operating with conservative Democrats,he Led An alliance for combined action that opposed the new deal.
    The Republican gains in the 1938 election combined, had stopped the expansion of the new deal
    calling for economy in government,a balanced budget,and less centralization of power in the nation's capital
  • 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