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40 Cards in this Set
- Front
- Back
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McNary-Haugen bill |
Called for federal price support on crops vetoed by Coolidge |
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Remember |
Many Americans lived above their means |
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What was increase in pay 1920-29 |
75% for wealthy 9% for poor |
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Who was in election of 1928 |
Republican:Herbert Hoover v. Alfred Smith Hoover wins |
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Dow Jones Industrial average |
Most widely used barometer of stock market health |
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Speculation |
Buying on chance of quick profit |
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Buying on margin |
Borrowing the money paying a small down payment |
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What is black Tuesday? |
October 29th millions lost money 16.4 million shares dumped |
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Hawley-smoot tariff act |
Highest protective tariff act in history designed to help had opposite effect world Trade dropped 40% |
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Causes of depression |
1tarrifs and war debts cut foreign market 2crisis in Farm sector 3 availability of easy credit 4unequal distribution of income |
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Whites demanded Latinos be deported |
Hundreds of thousands left by will and d force of government |
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Rural areas |
Were less hard hit could still farm for their lives to get food |
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Dust bowl areas |
Kansas Oklahoma Texas new Mexico and Colorado |
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Okies= all migrants from dust bowl |
1 |
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Women |
Canned food sewed cloths |
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Herbert Hoover |
Government should play limited role in fixing economy |
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Federal home loan bank act |
Hoover signed, lowered mortgage rate for homeowner allowed farmers to refinance farms and avoid forclosure |
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Reconstruction finance corporation |
Hoover most ambitious goal authorized up to 2billiob for emergency financing for banks life insurance railroads and other large businesses |
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Bonus army |
Led by walter waters came to support patman bill (offered ww1 vets who hadn't been adequately payed a bonus wanted immediate pay) Hoover didn't support but fed and have supplies |
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1932 election Franklin D Roosevelt wins |
Known as FDR wanted reform his plans were the new deal |
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100 days |
Got Congress to pass emergency banking relief act authorized treasury department to inspect banks sound could reopen other not |
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Glass steagal act of 1933 |
Created FDIC provided federal insurance up to 5000 dollars |
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Federal securitys act passed in 1933 |
Required corporations to provide complete info on all stocks and made liable for misinterpretation |
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Securitys and exchange commission |
Regulate stock market |
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FDR persuaded Congress to lift prohibition |
1 |
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AAA Agricultural Adjustment Act. |
Sought to raise crop prices by lowering production which the government achieved by paying farmers to leave land untilled |
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CCC civilian conservation corp |
Put young men 18-25 to work building roads making parks and playing trees |
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NIRA national industrial recovery act |
Built schools |
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PWA Public workers administration |
1 |
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NBA national recovery administration |
Set prices and established standards |
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WPA Works Progress Administration |
How to buy Harry Hopkins part of this second new deal set out to create as many jobs as quickly as possible by 11 billion dollars to give more jobs to more than 8 million people |
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Nya National Youth administration |
Was created specifically to provide education jobs counseling and recreation for young people also offered financial aid |
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Wagner Act |
Reestablished Nira provision of collective bargaining also prohibited unfair labor practices setup NLRB National Labor Relations Board |
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Social Security Act |
Provided old age insurance for retirees 65 or older and their spouses unemployment compensation system and aids to families with dependent children and people with disabilities |
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Frances Perkins first female cabinet member |
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Mary McLeod Bethune |
One of the hundred african-americans appointed to keep solutions in government and educator who dedicated herself to promoting opportunities for young African Americans Was Won hired by the President to head the division of Negro affairs of the National Youth administration work to ensure blacks were hired |
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John Collier Commissioner of Indian Affairs |
1 |
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New coalition deal |
An alignment of the first group dedicated to supporting the Democratic Party |
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Congress of Industrial Organizations |
The committee for industrial organization was expelled from FL and changed its name this split lasted until 1955 |
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Federal Deposit Insurance Corporation FDIC and the Securities and Exchange Commission sec |
Regulate banking and investment activities |
