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59 Cards in this Set

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Hoover vs. Al Smith, 1928 election
Hoover:
Secretary of commerce through the Harding-Coolidge years who was elected president in 1928, crowning a career of steady ascent, first in mining, then in public service; Hoover's image combined the benevolence fitting a director of wartime relief and the efficiency of a businessman and administrator, but the market crash tainted the end of his presidency and recast him as a stubborn opponent of depression relief.
Stock Market Crash, October 1929
-stock market dropped by 80%
-speculative bubble = 80%
-U.S. Agriculture: farmers lost land because it depended on loans and borrowed against land (1/3 farmers lost land)
Great Depression
reasons: overproduction & overconcentration in auto/construction, profits not being put into employee salaries, buying power not keeping up for production/prices, investors seeking highest return= speculation, overspeculation
-80% of the population was hurt
-challenged America's sense of value of work
-didn't end until enormous amount of production was needed for WW2
Banks failed
assets (loans/ investments) vs. liabilities (deposits vs. retained earnings)
-during 1920s banks could take deposits and put in into loans and investments
unemployment
average rate: 25%
Reconstruction Finance Corporation (RFC)
Federal program established in 1932 under President Herbert Hoover to loan money to banks and other institutions to help them avert bankruptcy.
-to important industries
Federal Home Loan Banks
Act of 1932 that created a series of discount banks for home mortgages, as well as provided Savings and Loan (takes deposits and only makes mortgage loans) and other mortgage agencies a service much like that the Federal Reserve System provided to commercial banks.
-to secure housing
-gov't also issued regulation that Saving and Loan could give more $ for interest
-1980s: deregulated under Reagan
Bonus Expeditionary Force/ Bonus March, 1932
-43,000 WWI veterans marched on WA
-demanded for immediate bonus
-Congress voted no
-WA police called to disperse marchers
-army deployed Douglas MacAruther
-ordered by Patton and Eisenhower to march into crowd
-vomit gas
- 1,000 injured; 4 killed
Franklin D. Roosevelt, 1932-1945
Democratic nominee for vice-president in 1920 and cousin of Theodore Roosevelt who would later be elected president during the Depression in 1932, for the first of four terms (only Pres. elected >2).
-landslide in 1932 election
-most democratic = South
-1921: polio, many Americans never saw
-sent wife to sit among veterans during the 2nd Bonus Army March
-Fireside chats
-from ruling class background, but hated by wealthy class
New Deal
Franklin D. Roosevelt's campaign promise, in his speech to the Democratic National Convention of 1932, to combat the Great Depression with a "new deal for the American people"; the phrase became a catchword for his ambitious plan of economic programs.

-built on Teddy's Square Deal
-series of "let's see what works" solutions
-opportunistic, not planning/plotting a mvmt toward communism
-set up job programs, but never directly to people like welfare
-FDR believed all programs would be temporary
-ignited both ends of opposition: not far enough- Bundes, Natzis, Communists
*didn't bring end to Depression
Glass-Steagall Act, 1933
Banking Act of 1933 that established the Federal Deposit Insurance Corporation and included banking reforms, some designed to control speculation. A banking act of the Hoover administration, passed in 1932 and also known as the Glass-Steagall Act, was designed to expand credit.
-created a wall between securities/equities and banking sector

Five changes:
1. Regulation Q- of federal reserve, limit amt of interest paid on deposits, tone down competition with banks
2. FDIC
3. took U.S. off the Gold standard and bimetalism
4. Securities an Exchange Commision
5. National Recovery Act
Federal Deposit Insurance Corporation (FDIC)
-under the Glass Steagall Act
-insured deposits up to $2,500
National Recovery Act (NRA)
Term for the sense of entitlement to federal support programs that workers developed due to Franklin Roosevelt's measures to relieve the human suffering and promote economic recovery.
-experimented with imposing wage and labor controls
-min. wage and age
-two sectors excluded: farm/ag sector- families, domestic sector- butlers, maids, etc.
Securities and Exchange Commission (SEC)
to regulate stock market
broad powers to regulate companies that sold stocks and bonds to the public, to set rules for margin (credit) transactions, and to prevent stock sales by those with inside information on corporate plans
Civilian Conservation Corps (CCC)
-paramilitary, under U.S. army
-service programs usually in state parks
-$30 per month sent home to families
-spurred from protest of Bonus Army March
Works Progress Administration (WPA)
-programs to build schools and buildings
-used writers, actors, etc.
-"Slave Narratives" writers went out to find ex-slaves
-murals in banks and post offices depicted culture, agriculture, economy, and dairy industry
Social Security Act, 1935
Term for the sense of entitlement to federal support programs that workers developed due to Franklin Roosevelt's measures to relieve the human suffering and promote economic recovery.
-funded by payroll taaxes
-supplement retirement needs of poor
-excluded farm workers, domestic, and self employed (to get Southern support)
-conservatives complained as too radical
Wagner Act, 1935 (National Labor Relations Act)
Also known as the National Labor Relations Act of 1935; established the National Labor Relations Board and facilitated unionization by regulating employment and bargaining practices.
-guaranteed labor unions right to strike and market
Dust Bowl
Great Plains counties where millions of tons of topsoil were blown away from parched farmland in the 1930s; massive migration of farm families followed.
-esp. to California Valley area for jobs
-1 million left
-even people in East Coast affected
-lasted until end of decade
-The Grapes of Wrath
TVA - Tennessee Valley Authority
Created in 1933 to control flooding in the Tennessee River Valley (Appalachians), provide work for the region's unemployed, and produce inexpensive electric power for the region. and auto.
-enabled use of electronic devices = demand for technologies (fans, toasters, etc.)
John Maynard Keynes
-founder of macroeconomics
-plan to stimulate demand
-spending didn't increase enough until WWII
1936 election
Roosevelt vs. Landon
-landslide
-Roosevelt won a more decisive election than 1932
-80% of voters with less than 2,000 income voted for FDR
summary of depression
the movement of corporate welfare and private benefits to public welfare
-united Americans
court-packing plan, 1937
President Franklin D. Roosevelt's failed 1937 attempt to increase the number of U.S. Supreme Court justices from nine to fifteen in order to save his Second New Deal programs from constitutional challenges.
German American Bund & American Nazis
1930s
Bund = state, society, confederation
House Un-American Activities Committee, 1938
launched by Congressman Martin Dies of Texas
sparked fear of Communism through movie industry
blacklisted writers, actors, and authors
Marian Anderson, 1939
-famous for opera
-planned to perform in D.C. in Constitutional Hall which is run by the Daughters of the Revolution
-DAR refused because she was black
-Eleanor Roosevelt resigned from the DAR and planned for her to perform on Easter Sunday on the steps of the Lincoln Memorial
Germany - NADAP (Nazis) - 3rd Reich
NSDAP: National Socialist German Worker's Party
similar to Italy's fascists (Mussolini) and spains fascists (Franco)

1933- Hitler appointed by Hindenburg as the Chancelor (prime minister)
1934- Natzis in the majority of the vote = the beginning of the 3rd Reich
Reichstag fire, 1933
-1 month after Hitler was appointed
-communists accused- some beheaded
-Hitler used police to suppress unfriendly newspapers
Gleichachaltung
synchronizing society, eliminating differences, totalitarian power- limiting labor unions, etc.
symbols, flags, unforms, ceremonies
propaganda, totalitarian power
blood (race), language (culture), Will
Ideology of Natzis: theories that put Aryans on top or racial hierarchy and Jews, Black, and Americans on the bottom
-embodied the will of the people
-extreme form of nativism
paramilitary SA and SS
d
"Triumph of the Will"
filmed by Leni Reifentahl
-showed ceremonies and parades
failure of League of Nations in China & Abyssinia
1931: Japanese invaded NE parts of China
1937: Chinese killed
Nuremburg Laws, 1935
-1934: Natzi party congress in Nuremburg, Germany
-stripped citizenship from Jews
1936 Olympics & Jessie Owens
-hosted by Germany in Berlin
-4 gold medals, the most of any olympian at that time
1936 Rhineland occupation
-demilitarized after WWI
-Germany reasserted power
1936 Spanish Civil War & Guernica
-fascists aligned with Germany under Franco
1937: Guernica
-many Americans volunteered to fight against Fascists called Lincoln Brigade
-Hemingway's "For Whom the Bell Toles"
Anchluss
1938: union with Austria
-means linking or unification together
-enthusiastic welcome
Sudetenland
1938: German speaking region of Czechoslovakia
Munich Agreement
March 1938: Munich Conference
-Chamberlain, Daladier, Hitler, Mussolini
-Sudentenland
-three conference over 3-4 weeks

Agreement- Hitler will take over Sudetenlad
-September 1938: entered Czech. first 6 months later
Appeasement
became a negative term = appeasing a dictator
Nazi-Soviet Non-Aggression Pact
1939
-German communists 1st opposition group gone
-1 week later invaded Poland from both sides = declaration of war
1941: Germany reversed when invaded S.U.
Axis nations vs. Allied nations
Axis Powers
Group of Nations that formed in 1937 with the "Anti-Comintern Pact" between Italy, Germany, and Japan, but expanded when Hungary, Romania, and Bulgaria were forced into the Axis fold, allowing Hitler to control nearly all of Europe.
-Germany plus Austria
-Italy
-Japan


Allied Nations
-U.K.
-Soviet Union
-U.S.
Stalingrad
1943: battle
-russian halted the Germans at Leningrad and Stalingrad
-killed or captured 330,000 German soldiers
-turning point of the war
Pearl Harbor
bombed by Japanese Navy
day after:
-G. and Italy declared war
-U.S. returned
Pacific island hoping campaign
Midway Island (Summer 1942)- U.S. sunk 3 submarines
Japanese-American internment camps
-U.S. concerned about Japanese-American citizens being spies
Nisei 442nd Regiment
Japanese Americans; literally, "second generation".
-recruited out of the internment camps
-most successful in war= proved others doubts wrong
-1 man had 21 medals of honor
-Camp Shelby, Mississippi
D-Day
June 6, 1944, when an Allied amphibious assault landed on the Normandy coast and established a foothold in Europe from which Hitler's defenses could not recover.

-invasion of France
-greatest losses by Germany and S.U.
-had U.S. not been involved, S.U. would have demolished G.
Battle of the Bulge
-combined U.S. and Britain drove toward Berlin from the west
-pushed back across Rhine river into Germany
-Germany entered counterdefensive
- 6 weeks for the Allies to recover
Yalta Conference
February 1945
Meeting of Franklin D. Roosevelt, Winston Churchill, and Joseph Stalin at a Crimean resort to discuss the postwar world on February 4-11, 1945; Soviet leader Joseph Stalin claimed large areas in eastern Europe for Soviet domination.
-in old S.U.
-Stalin, Roosevelt, and Churchill
-land liberated with self decision in Europe
-S.U. agreed to enter war against Japan 3 months after the surrender of Germany
V-E Day, May 8, 1945
Germany surrendered, Hitler committed suicide, Mussolini executed
Hiroshima & Nagasaki
U.S. has still been the only country to decide to use atomic bombs

Nagasaki: 120,000 died plus later radiation sickness deaths
V-J Day, August 15, 1945
actual atomic weapons used
Holocaust
The wholesale extermination of some 6 million Jews along with more than 1 million others by the Nazis.
FDR's 3 options to responding to the Depression
did a combination of three:
1. blame and crack down on business
2. open up doors for business growth- reducing tax policies
3. help poor with programs
Farewell: A Memoir of a Texas Childhood
reverses normal order of biological generation- creates his parents, parents creates their parents