WEEK 5

  • Dorothea Lange

    -migrant mother is one of a sets of photograph
    -her subject are homeless women, their children & migrant workers
    -her work was funded by federal agencies, such as the farm security administration
    -the editor then told the federal authorities whom urged the government to rush to the camp to prevent starvation
  • Period: to

    Immigration 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 problems
    -the United States deported about 1.5 million Mexicans and Europeans between 1929 and 1935
    -President Hoover authorized a special Mexican Repatriation Act to send Mexican-American immigrants back to Mexico
  • stock market crash-b

    -Warren G Harding campaign promised to return the US prewar mentally without the thought of war tainting the minds of American people
    -a return to the way of life before WW1
    -foreign competition by means of tarries weaken import quotas or other restrictions or handicaps placed on the imports of foreign competitors
  • 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 from bank to pay off another loan
  • stock market crash-C

    -disposable income is the amount of money that households have available for spending
    -people were spending instead of saving, when the market crashed all the people did a "bank run" to get more money
    -the "bank run" caused the "bank failure" b/c the banks couldn't keep up with the peoples demands for money
  • robert taft (new deal socialism)

    -co-operating with conservative democrat and led the conservative that opposed the New Deal
    -the republicans gains in the 1938 elections combined with the creation of the conservative j/had stopped the expansions of New Deal
    -calling for economy in gov. a balanced budget, less centralization of power in the Nation's Capital
  • Securities & exchange commision

    -the purpose of the SEC is protecting investor from dangerous or illegal financial practices of fraud
    -the issue it addressed, was the fact that no one was watching the stock markets
    -the effects of its passage was prevent another stock market collapse; in doing so, it evolved our markets into high-tech trading centers
  • Tennessee valley authority

    -it was created by congressional in may 1933 to provide flood control, electricity generator & economic development during the depression
    -this was president roosevelts new deal for reform
    -largest public power company in the U.S. was the 5th largest river system, provides electricity for Tennessee but also parts of Kentucky, Alabama,Georgia,north Carolina& Virginia
    -some feared the "TVA" was a form of socialism
  • 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
  • Judicia Procedures Reform Bill

    -the reform bill was frequently called the "court packing plan" was a legislative initiative proposed by US president Franklin D Roosevelt to add more justice to the US supreme courts
    -the bill was to increase the number of US supreme court justice the to bring in several new justice who would change the balance of opinion on the court
    -Roosevelt failed many times at attempting to pass the law its failure exposed the limits of Roosevelts abilities to push legislation through direct public appeal
  • 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 US
    -margin borrowed money were exposed & rush to sell shares & try to redeem their debts
    -stock market crash can be blamed on over exuberance & false expectation
  • civilian defense organizations

    -These organizations and others worked together to mobilize the civilian population in response to the threat
    -commissioned civilian pilots patrolled the coast and borders
    - organized approximately 10 million volunteers who trained to fight fires, decontaminate after chemical weapon attacks, provide first aid, and other duties
    -sent civilians instead of officials