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1935 BCE
reform of the new deal
social security was probably the most important measure of the new deal it provided workers with unemployment insurance ,old age early workers and their employers can paid new contribrtions to fund these benifits in part of roosevelt -
1933 BCE
securities and exchange commission
-the purpos of the sec is protecting investors from dangerous or illegal financial practies of fraud
-the issue it addressed was the fact that no one was watching the stock market -
1932 BCE
william randolph hearst
hearts reputation suffred in the 1930 as his polical view changed in 1932 he was a major supporter of fdr his new papers throught 1933
-heart broke with fdr in the spring of 1936 when president veoted the pat man bonus bill -
1930 BCE
Francis Townsend/senior income plan
-Dr. Francis Townsend was an American physician who devised the Townsend Plan, a popular proposal for state-funded old-age pensions
-His alternative plan promised to end the Great Depression by opening up jobs for younger workers, while forcing seniors to spend more money in the consumer economy
-The Roosevelt administration eventually adopted a version of the Townsend Plan when it created the Social Security program -
1930 BCE
dust bowl
-farmers had been plowing the grass land for crops in central plains and trapping under ground water supplies natural causes were 10 years drought was occuring farmers had to move cali because their harvest was being destroyed -
1929 BCE
immigrants during the depression
-the stock market crashed in 1929 it caused high unemployment ,americans panicked they began to blame mexican and european immigrants for their problem
-the u.s deported about 1.5million mexican and europens between 1929 and 1935
-president hoover authorized a special mexican repatriation act to send mexican american immgrants back to mwxico -
1920 BCE
return to normalcy
return to its pro-business stance harding administration was known primanily for his corruption exposed dully after harding death in office in 1923 how it was after ww1 b4 the great depression ,the gool time -
dorothea lange
migrant mother is one of a sires of photograph her subject are homeless women their children and migrant workers her work was funded by federal agencies such as the farm security administration the editor than told the federal authorities whom urged the goverment to rush did to the camp to prevent starvation -
stock market
its was a result of various economic imbalances and structural failings
-in 1920 a rapid growth in bank credit and loans in the us
-margin millionaires get wiped out when stock market fall -
stock market crash -c
-people were spending instead of saving when the market crashed all the people did a bank run to more money
-the bank run caused the bank failure b/c the banks couldent keep up with the peoples demand for money -
great depression
when panicked sellers traded nearly 60million shares on the new york stock market
-people had fought for their daily survival bants failed and many people were out of work
-people were hungry and went homeless -
fdic
-purpose was to provide stability to the economy and the failing bank system
-insured bank deposits so that people wont lose their savings in bank failure -
aaa (agricultural adjustment act)
its purpose wasc to help farmers by reducing production of staple crops ,taxes forced farmers to cut amounts they marketed the goverment even get paid farmers not to grow crops so prices would not go up and help the land -
21 amendment
many people had simply refused to accept the ban on alcohol even president harding drank alcohol in the white house prohibition was repealed by the twenty first amendment the experience of prohibition demonstrated that unpopular laws are sometimes unenforceable -
new deal
-the plan of relief recovery ,an reform was relief for the unemployed and poor recorvy of the economy to normal levels
-the new deal was a series of social programs enacted in the united states -
20th amendment
sets the date at which federal goverment elected and also defines who succeeds the president if the president dies elected officials who had been replaced were office longer than was necessary called lame duck period mire the new president from taking in office in februaty back to january to lesson lame duck period -
gold reserveed act unitstates had a bi metalic system of money
united states had a bi metalic system of money silver was also traded when roosevelt issued an executive order outlawing the ownership of gold besides jewelry roosevelt wanted people to rely on fiat money (papermoney) -
huey long
u.s senator and former governor of louisiana Huey long promised to give each american family an income of $5,000 was assassinated before he was able to mount his campaign against FDR -
first term of franklin d roosevelt
-his positive approach and charm help him defeat herbort hoover in now 1932
-depression was the only issue of conseque in the campaign ,americans had to choose between unsuccessful polices from hoover -
robert taft
co operating with conservative democrat and led the conservative that opposed the new deal the republican gains in the 1938 election combined with the creation of the conservative had stopped the expansion of new deal calling for economy in goverment a balanced budget and less centralization of power in the nation capital -
grapes of wrath
the grapes of wrath is an american realist novel written byb john steinbeck and published in 1939 an okie is a resident native or cultural descendant of oklahoma the route (u.s 66 or route 66) the main hwy in the 1930s that connected the great plains to california migrants went to cali to find jobs and to work but when they got there the jobs were taken