Causes of the Boom Flashcards
(61 cards)
Reasons for the Boom
Impact of WW1
Republican government policies
Technological innovation
Consumerism
Causes of the Depression
Inequality of wealth
Farming Problems
Overproduction + Tariffs
Republican government
Wall Street Crash
What was Lend Lease?
By 1940, President Roosevelt believed that isolationism was harming U.S. interests. As Britain struggled to afford American war supplies, he addressed the public in a fireside chat, calling the USA the “arsenal of democracy” and proposing to lend goods instead of selling them. This led to the Lend-Lease Act in March 1941, allowing the U.S. to lend or lease war materials to nations vital to its defense—Britain received $7 billion in support under this program.
What years did Truman run between?
1945-53
What years did Eisenhower run between?
1953-1961
Women during the war
Women also served in the armed forces. Over 150,000 women served in
non-combatant roles in the Women’s Army Corps and the United States Naval Women’s Reserve, known as the WAVES.
Just over 1,000 young women joined the Women Airforce Service Pilots. They flew military aircraft from factories to military bases across the country.
Pearl Harbour
In the 1930s, tensions rose between Japan and the USA due to Japan’s expansion in Asia. After Japan invaded China and allied with Germany and Italy, the U.S. responded with sanctions and stopped exporting oil and steel. Japan, seeing no resolution, launched a surprise attack on Pearl Harbor on December 7, 1941, killing around 2,400 Americans. This led the U.S. to enter World War II.
What was the purpose of the Nye Committee appointed by Congress in 1934?
To investigate how the USA became involved in World War One.
What did the Nye Committee conclude?
That US munitions-makers, industrialists, and financiers influenced the government’s decision to go to war and profited from it.
What idea did the Nye Committee report support, despite lacking specific evidence?
That America went to war in WWI due to the greed of lobbyists.
What legislation did Congress pass between 1935 and 1937 to prevent future war involvement?
Neutrality Acts.
What did the Neutrality Acts prohibit the USA from doing?
Selling weapons, giving loans, or providing credit to countries at war.
What was the purpose of the Cash and Carry policy introduced in 1939?
To allow countries to buy American goods with cash and transport them using their own ships.
Which countries benefited from the Cash and Carry policy?
Britain and France.
How did the USA support Britain and France during early WWII while remaining officially neutral?
By selling them weapons, warships, and planes under the Cash and Carry policy.
What was Roosevelt’s stance on isolationism during the 1940 election?
Americans would not be sent into any foreign war.
Why was Roosevelt cautious about fully entering WWII despite supporting the Allies?
Because isolationism remained popular in the USA.
Who became president after Franklin D. Roosevelt’s death in April 1945?
Harry S. Truman.
When was Harry S. Truman elected president in his own right?
1948
What was the name of Truman’s social reform program?
The Fair Deal.
Which civil rights action did Truman take in 1948?
He desegregated the military through Executive Order 9981.
How much did Truman raise the minimum wage to?
From 40 cents to 75 cents per hour.
What improvements did Truman make to social security?
He improved its coverage.
What type of housing development did Truman provide funds for?
Slum clearance and low-cost housing.
