Period 7 (2) Flashcards
(74 cards)
stock market crash of 1929
1929 major stock market crash in the United States
Causes of the Great Depression
Weak Farm Economy
Lack of Economic Diversification
Misdistribution of Wealth
Stock Market Speculation
Excessive use of Credit
Overproduction/Underconsumption
Failure of Federal Policies
Global Economic Problems
International Debt
International Trade
Results of Great Depression
Corporate Profits Fall
Bank Failures
Unemployment
Americans responses to the Great Depression:
Self-Blame
Self-Help
Retreat from Consumerism
Conservatism
Communism
Escapism
Hoover’s Responses:
Opposes direct relief
Urges business leaders to maintain wages and production and labor leaders to pledge no strikes
Hawley Smoot Tariff
Revenue Act of 1932
Pearl Harbor
surprise military strike by Japan on the US at its naval base at Pearl Harbor; U.S. was a neutral country in World War II.
Sino Japanese war
China v Japan between 1937 and 1945, following a war in Manchuria that started in 1931; considered part of World War II and the beginning of World War II in Asia.
Lend Lease act
lend or lease arms and supplies to any country deemed “vital to the defense of the United States.”
Tripartite Act of 1940
defensive military alliance agreement between Germany, Italy, and Japan signed in Berlin
Burke Wadsworth Act of 1940
first peacetime conscription in United States history. (Selective Service Act) required that men to register with local draft
Nazi/Soviet non aggression pact
sort of alliance between the two; secret protocol establishing Soviet and German spheres of influence across Eastern Europe
US Neutrality acts of 1936 and 1939
series of acts passed in response to the growing threats of WW II; growth in isolationism and non-interventionism in the US following WW I
Munich Conference
agreement provided for the German annexation of part of Czechoslovakia(Sudetenland), where many ethnic Germans, lived. (failed)
Spanish Civil war
Franco gains power- facist
Which countries does Germany take? (Hitler)
Austria
Czechlovakia(Sudentenland)
Poland
What country does Italy take? (Mussolini)
ethipoia
Pan Americanism
movement to create, encourage, and organize relationships among the states of the Americas, through diplomatic, political, economic, and social means
Good neighbor policy
FDRs foreign policy of the administration of US towards Latin America. US renounced right to unilaterally intervene in the internal affairs of other nations
Reciprocal trade agreement act (+ tariffs)
negotiation of tariff agreements between the US and separate nations(esp Latin American countries); –> negotiate with foreign nations to reduce tariffs in return for reciprocal reductions in tariffs in the US up to 50%.
Problem with war debts and Dawes plan
Germany couldnt pay B and F, so B and F couldnt pay the US; so the US would loan money to Germany;(temporarily resolved the issue of the reparations)
Kellogg-Briand Act
1928 international agreement on peace ; resolved not to use war to settle disputes or conflicts
4 power treaty
treaty signed by the United States, Great Britain, France and Japan at the Washington Naval Conference to respect each other’s Pacific island dependencies for 10 years
5 power treaty
signed during 1922 among the major Allies of World War I, which agreed to prevent an arms race by limiting naval constructio
Washington conference
disarmament conference called by the United States