Period 7 (2) Flashcards

(74 cards)

1
Q

stock market crash of 1929

A

1929 major stock market crash in the United States

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2
Q

Causes of the Great Depression

A

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

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3
Q

Results of Great Depression

A

Corporate Profits Fall
Bank Failures
Unemployment

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4
Q

Americans responses to the Great Depression:

A

Self-Blame
Self-Help
Retreat from Consumerism
Conservatism
Communism
Escapism

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5
Q

Hoover’s Responses:

A

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

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6
Q

Pearl Harbor

A

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.

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7
Q

Sino Japanese war

A

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.

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8
Q

Lend Lease act

A

lend or lease arms and supplies to any country deemed “vital to the defense of the United States.”

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9
Q

Tripartite Act of 1940

A

defensive military alliance agreement between Germany, Italy, and Japan signed in Berlin

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10
Q

Burke Wadsworth Act of 1940

A

first peacetime conscription in United States history. (Selective Service Act) required that men to register with local draft

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11
Q

Nazi/Soviet non aggression pact

A

sort of alliance between the two; secret protocol establishing Soviet and German spheres of influence across Eastern Europe

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12
Q

US Neutrality acts of 1936 and 1939

A

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

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13
Q

Munich Conference

A

agreement provided for the German annexation of part of Czechoslovakia(Sudetenland), where many ethnic Germans, lived. (failed)

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14
Q

Spanish Civil war

A

Franco gains power- facist

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15
Q

Which countries does Germany take? (Hitler)

A

Austria
Czechlovakia(Sudentenland)
Poland

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16
Q

What country does Italy take? (Mussolini)

A

ethipoia

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17
Q

Pan Americanism

A

movement to create, encourage, and organize relationships among the states of the Americas, through diplomatic, political, economic, and social means

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18
Q

Good neighbor policy

A

FDRs foreign policy of the administration of US towards Latin America. US renounced right to unilaterally intervene in the internal affairs of other nations

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19
Q

Reciprocal trade agreement act (+ tariffs)

A

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%.

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20
Q

Problem with war debts and Dawes plan

A

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)

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21
Q

Kellogg-Briand Act

A

1928 international agreement on peace ; resolved not to use war to settle disputes or conflicts

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22
Q

4 power treaty

A

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

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23
Q

5 power treaty

A

signed during 1922 among the major Allies of World War I, which agreed to prevent an arms race by limiting naval constructio

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24
Q

Washington conference

A

disarmament conference called by the United States

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25
9 power treaty
1922 treaty affirming the sovereignty and territorial integrity of China as per the Open Door Policy.
26
Harding is pres. in the 1920- slogan?
"Return to Normalcy" - reflect isolationism
27
Sources of eco boom after the war
- US only industrial power left - manufacturing rose by 60%
28
New tech/advancements in new era
- radio - planes - complex computers - genetics(mendel/morgan) - business consolidation (US Steel) and modern Administrative systems (General motors) - Trade associations (fear of overproduction that caused past recessions) - mechanized farming
29
"welfare capitalism"
(capitalism that includes social welfare policies and/or the practice of businesses providing welfare services to their employee) --> sworkers standard of living rose; Ford shorted workweek, increased wages; improve sanitation and safety in factories
30
company unions
- feeble, workers didnt really have control
31
workers and organized labor unions in new era
hard times, esp. for unskilled laborers
32
Philip Randolph
gained increases in wages and shorter working hours for black people (Brotherhood of sleeping car porters)
33
"American Plan"
- union busting -- strengthing of corporations; open shop (not required to join labor union) - supreme court not protect unions - union membership down
34
Parity and McNary-Haugen Bill
"parity" adequate price for farm goods; high tariffs; gov buy surplus domestic crops and sell them abroad; Pres. Coolidge vetoed bill twice
35
Modernist religion
- emphasis on immediate, personal fulfillment, abandon literal interpretation of Bible (Fosdick) - devaluing of religion
36
sheppard Towner act
fed funds for prenatal care and child care(classified woman as mothers)
37
National Origins Act
annual immigration limited; targeted japanese people; favored euro immigration;
38
New KKK
- no catholics, no black people, no jewish, no foreign people(S, W, N)
39
Fundamentalist
traditional faith groups- rural; bible interpreted literally; opposed to charles darwin
40
Scope trial
Teacher in tennessee taught evolution (illegal there) and there was a trial-- made a fool out of the fundamentalist and they weren't politcally active again
41
Dems during new era
suffered bc of diversity of coalition; in a deadlock for pres. candidate-- their compromise defeated by coolidge
42
1928 election
Hoover beat al smith (dem, couldnt unite them)
43
Hardy and cooolidge
both passive presidents; gov shouldnt interfere in nation
44
Cash and carry
policy required countries at war to pay in cash for U.S. arms and supplies, and transport them in their own vessels,
44
Federal Emergency Relief Administration
- FERA provides cash grants to states to prop up bankrupt relief agencies (Harry Hopkins) - More comfortable with work relief as a form of government assistance (CWA, CCC)
45
Agricultural Adjustment Act
- AAA, producers of 7 basic commodities - Tell farmers how much to produce and pay to leave land idle (+ tax on food processing to provide funds for payment) → rise in prices for farm goods → farmers incomes increase → Boost in agricultural economy; more stable, but favor large farms - (Cancelled by Supreme Court, but allowed Soil Conservation + Domestic Allotment Act where the government paid farmers to decrease production)
46
Emergency Banking Relief Act and "Bank Holiday"
-Protect larger banks -Treasury Department inspects banks before they reopen -Federal assistance reorganization to the banks - people put money back in banks
47
Civilian Conservation Corp
- Provide employment to young men(not really to women) - They planted trees, built reservoirs, developed parks, improved agricultural irrigation - Racial segregation in the corps
48
Tennessee Valley Authority
-Progressive reformers want public development of nation’s water resource(dam, electric power) in Tennessee -1932, electricity migrate Samuel Insull collapses → hostility to utilities → TVA completes the dam, and build other dams, generates/sells electricity to public Recovery
49
National Industrial Recovery Act
- Compromise with business and workers → relaxed antitrust legislation for business to force them to recognize workers rights to bargain(unions), income of workers increase along with prices, increase jobs, and increase consumer buying power + public works - Hugh S. Johnson called for ‘blanket code’ – minimum wage 30-40 cents per hour, maximum work week 40 hours, and not child labor → raise consumer buying power and raised employment - difficulties = poorly written, administration hard bc so vast, large producers ensured it would favor them
50
Works Progress Administration
-help unemployed Americans-- system of work relief bigger in size and budget(+5 billion) and operations Harry Hopkins → building/renovating public buildings: schools, post offices, government office buildings, airports, roads, bridges → money into economy - even paid writers, sculptors, painters, actors, musicians
51
Glass Steagall Banking Reform Act
- 1933 Government’s power to curb irresponsible speculation in banks - Established Federal Deposit Insurance Corporation, guarantee bank deposit to up to($2,500)
52
Social Security Act
- 1935, many programs: for the elderly, pension system → income on retirement, large amount of women and African Americans excluded unemployment insurance(laid off workers receive temporary government assistance) - aid to people with disabilities and dependent children
53
Securities and Exchange Commission
Securities and Exchange Commission police the stock market
54
Fair Labor Standards Act
National minimum wage, 40 hour workweek, strict childlabor laws Rejected women and minority workers at first
55
Wagner Act
Gave workers a crucial enforcement mechanism to force employers to recognize unions and bargain with them
56
Rural Electrification
Electric power to farmer; loans to farmers to relocate to better land
57
Share our wealth society
Wealth redistribution; (take from the rich and give to the needy) org.
58
New deal for labor unions
good times- 80% of strikes settle in favor of unions
59
West Coast Hotel v Parrish
Supreme Court upholds wagner and social secuirty
60
Recession of 1937
Roosevelt recession - thought they were out of the woods, so cut spending(boom collapses and eco decreases again); --> Temporary nat eco committee
61
Fair Labor Standards Act
national minimum wage, 40 hour workweek, limit on child labor, excluded women and minoritites
62
Racial discrimination in new deal
- CCC segregated - NRA paid blacks less than whites - TVA excluded them in employment - Fed Hoursing Admin, didnt provide mortgages to them in white neighborhoods - WPA made them do the least skilled and lowest paying jobs/excluded them - failure to challenge jim crow laws/ outlaw lynching
63
Indian Reorganization Act 1934
nations right to own land collectively; still very poor
64
New Deal achievements
- DID NOT revive/reform eco, but elevated workers and farmers - stabilize stick market and banking system - basis of welfare system - reinforce gender and racial discrimination - Gov/people higher interest in eco. matters
65
St. Valentines day massacre associated with
al capone
66
Who were the flappers
young middle class women
67
Result of anti catholic sentiment in election of 1928
al smith could not carry a solid Dem South
68
1960, the limits on immigration into the US was
overturned by the passage of new legislation
69
The immigration restriction act passed in the 1920s favored..
Northern and western European immigrants
70
Marcus Garvey
emphasis on the importance of Black pride and Black nationalism
71
Characterize the stance of writers in the 1920s (Sinclair lewis and scott fitzgerald)
criticize middle class conformity and materialism
72
Women during the 1920s had a ---- in political activism
decline; despite gaining the right to vote
73
US attempted to influence the outside world after the first world war by
using trade and investment in order to maintain international connections