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22 Cards in this Set
- Front
- Back
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Sequence of Events Leading up to and after the Crash
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People invested, bought things/stocks on credit, if stocks bad no money to repay loans, banks ran out of money, people lost all money, businesses close(no people to buy products).
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Hoover's Response
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Doesn't get involved, doesn't want people dependent on the government, tries Public Works Progress but too late, cut spending raised taxes, encourage charities, don't fire people, but again too late, Hooverville's.
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Bonus Army
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WWI vets want their bonuses come with families to DC and protest, General MacArthur used tear gas, bayonets to get protesters away. One man shot and killed.
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Election of 1932
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FDR dominates winning most of the states.
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Similarities and Differences between Hoover and FDR
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Hoover didn't try as much, FDR did everything in his power to help. Neither did anything about lynching. FDR a Democrat.
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20th Amendment
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Moved inauguration up from March to January.
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Fireside Chats
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Radio shows held by FDR informing people about the goings on at DC. Nice tone. People very responsive.
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3 Rs
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Relief, Recovery, and Reform: Themes of the New Deal
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First 100 Days
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FDR sends tons of bills through congress, many passed, got a lot done.
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Huey Long
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Louisiana Senator who thought we should redistribute the wealth - didn't like FDR.
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Charles Coughlin
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Catholic Priest who had a radio show and said the Jewish people caused the Depression.
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Social Security Act
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Gives money to people once they retire, money is from peoples aving in their pension funds.
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Rural Electrification Act
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Gave electricity to rural areas - brought people together.
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Public Works Administration
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Gave jobs to people to build roads, dams, and other public things.
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Securities and Exchanges Commision
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Regulated the Stock Market
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Agricultural Adjustment Administration
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Regulated farm production, pushed soil conservation and taught better farming techniques.
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Court Packing
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FDR- tries to pack Supreme Court adds justices that support him, Illegal. His popularity dives.
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Deficit Spending
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Spending barrowed money pushes people deeper into debt.
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Dust Bowl
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Over plowing leads to dry land, dust in air, drought, dust storms. Occurred in Oklahoma, Texas, New Mexico, Colorado. People migrated to California and Washington causing over crowding.
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Eleanor Roosevelt
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Helped poor children, addressed letters. Eyes and Ears for FDR. A role model.
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Depression in Other Countries
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US couldn't trade or provide loans to countries in Europe trying to rebuild.
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Effects of the New Deal Today- Liberal vs. Conservatives
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They still argue today about if local or national government should have more power. Liberal want government to interfere.
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