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Robert Taft
was a conservative american politician
statesman
was the senate main opponent of Franklin Roosevelt new domestic polices called the new deal
he denounce the socialism trends of the new deal -
buying on margin disposable income Bank Run bank failure
Insecurities such as Stocks by using funds you borrow from your broker disposable income income remaining after deduction of text and other mandatory charges Bank Run sudden withdrawal of deposit of Just One Bank bank failure large numbers of anxious people withdrew their deposit in cash forcing Banks to liquidate loans and often leading to brake failure -
huey long
Opposed to the new deal because he believed that Roosevelt's plan to help the American economy after the Great Depression adequately help citizens living in poverty share our wealth plan is also known as Huey Long a program designed to provide a decent standard of living to all Americans by spreading the nation's wealth among the people -
immigrants during the Depression
Earth during the Great Depression white American fall after jobs filled by Mexicans immigrate public hostility for Mexican group which made it difficult for them to enter the US Hoover authorize the Mexican reputation at send Hispanic Mexicans due to the lack of jobs -
Franklin D Roosevelt
He defeated Herbert Hoover greatest problem facing Americans was widespread unemployment he promised the Americans with the New Deal to start going back to work also an ability to end the Great Depression only thing we have to fear is fear itself -
stock market crash
People could not sell their shares fast enough top Bankers met that Friday and bought stocks above current market price to try to stop the rapid decline in prices this action by Bankers only delayed the Collapse by a few days October 29th Black Tuesday the dam burst the market crashed return to normalcy return to Big Business in addition to its pro-business stance Harding Administration was known primarily for his corruption expose fully after Harding's death in office in 1923 -
Great Depression
1/4 of flag of the labor face was out of work hourly wages dropped by 50% hundreds of Bakersfield price for Agricultural Product dropped to their lowest level jmCe the Civil War
The worst unemployment rate was in 1932 and it was 23.6% 13 - 18 million was unemployed the government instituted a sense of experimental projects and programs know collectively as the new deal set alarm to restore Insperity too many Americans
many were deprived of their home they were evicted -
MigranT Mother
Her photographs of Migrant workers homeless women and children help draw attention to different conditions in Rural America and helped to bring attention to the need for direct relief help -
William Randolph Hearst
William Randolph Hertz Hertz reputation suffered in the 1930s as a political view changed and 1932 who was a major supporter of FDR his new paper throughout 1933 Hurst broke with FDR in the spring of 1935 when President vetoed the pat-Man bonus bill -
immigrants during the depression
With less demand for worker during the depression white american farmers sought after jobs filled by mexican immigrants
Public hostility grew toward mexicans which made it difficult for them to enter the usl -
Tennessee Valley Authority
built 21 government on fence along the Tennessee River control floods and produce electricity from Fear it is a form of Socialism -
fdic
is the federal deposit insurance coprotion
its on independent agency of the us federal government that preserves public confidence in the baking system by insuring deposits
president Franklin Roosevelt signed the banking act in 1933 a part which established FDIC
this was a part of Roosevelt's reform legislation during the new deal -
the gold standard
Gold and silver when trading use of the gold standard came to an end in 1933 when President Roosevelt issued an executive order outlawing the ownership of gold but Roosevelt wanted people to rely on paper money flat money in order to expand the money supply and stimulate economic activity -
New Deal
Roosevelt bring the banker selfishness plus finances for current crisis Roosevelt passed legislation which is hard and less critical times all the important bills submitted in the first hundred days Roosevelt's New Deal and the 3 R's relief recovery reform change the New Deal change the government house it's the government has started to take care of the US it provides Social Security Plus Medicaid for older people who runs the FDIC to ensure our bank and deposit -
21 Amendment
in 1933 the 21st, the 21 amendment to the Constitution was passed and ratified ending national prohibition after the repeal of the 18th amendment some statrs continued prohibition by maintaining state wide temperance laws -
Francis Towsend
Dr. Frances was a physician who devised the Townsend plan
the plan promised to end the great depression by opening up jobs for younger works while forcing seniors to spend money in the consumer economy
adopted a version of the Townsend plan when the social security program was created -
security Exchange Commission
SEC was created to watch over the stock market prevent fraud and guard against other stock market collapse Roosevelt reform against New Deal -
20th Amendment
The causes for lame duck session lame duck sessions of Congress in the United States occurs when there one president meets after he is elected -
gold Reserve Act
United States had bi-metallic system of money silver was also traded gold standard came to and end in 1933 when Roosevelt issued an executive order outlawing the ownership of gold besides jewelry Roosevelt wanted people to rely on flat money paper money -
Social Security Act
1935 was probably the most important measure of the New Deal provided workers with unemployment insurance old age pension and insurance if they died in Irving workers and their employees each pay you contribute to find these benefits Roosevelt put this in place with the new deal as part of the three Rs -
judicial procedure Reform
Roosevelt intent was to add more just needs to Supreme Court cause was to gain ruling Vegardins the New Deal using Roosevelt court packing scheme court viewed it as unconstitutional because it will cause an inefficiency and delays American viewed it as if it was important to interfere with -
AAA
To grow Farmer's crops smaller supply of crops would increased demand for those crops this would help farmers and money it purpose was to improve and preserve National soil resource also free vet it from eroding long-term effect was to help keep the pricing crop stabilize -
AAA
Payment to grow Farmer's crops smallest size crops with increased demand for those crops this would help farmers earn money its purpose was to improve and preserve National soil resource also prevent it from eroding long-term effect to help keep the pricing of crops stabilize -
New Deal
Roosevelt push through legislation which is hard and less critical times all the important bills submitted in these first hundred days Roosevelt explain these New Deal measures is the three Rs relief recovery reform change the New Deal change the government house it's the New Deal the government has started to take care of us it provide Social Security and Medicaid for older people runs the FDIC to insure are Banks deposit and lower Texas -
Grapes of Wrath
Okies moving from Oklahoma 2 California increase the average intelligence of both States also mix comes out 66 is referred to the Mother Road they hoping to find warrants in California they find out you're scared if wages are low and exercise routines and weed patch camp -
Dust Bowl
Drought every so often have unions human causes killing the Great Plains cutting the grass covering the top soil and testing Underground effects money was tight people lost their lives due to not being able to pay the bank crops did not grow in Central America result and became discouraged they abandoned their families canned food and screwed clothing to support their families