Trucks, buses, and private automobiles made the railroad industry lose business causing workers to be laid off or reducing workers hours
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New forms of energy
Hydroelectric power, fuel oil, and natural gas replaced coal energy
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deflation
Decrease in the general price level of goods and services
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McNary-Haugen Bill
Called for federal price supports for key products such as wheat, corn, cotton, and tobacco; gov would buy surplus crops at guaranteed prices and sell; pres coolidge vetoed the bill twice (thought farmers have never made money)
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credit
An arrangement in which consumers agreed to buy now and pay later for purchases; often in the form of an installment plan and included interest
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Alfred E Smith
Democrat presidential candidate vs Hoover in 1928 election; served 4 terms as governor of NY; Hoover won
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Dow Jones Industrial Average
The most widely used barometer of the stock market's health; measure based on the stock prices of 30 representative large firms on the NY stock exchange
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"Bull market"
Period of rising stock prices
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speculation
Buy stocks and bonds on the chance of a quick profit, while ignoring the risks
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Fed
Nickname of the federal reserve system; created in 1913 to serve as the nation's central bank
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Black Tuesday
October 29, 1929; number of shares dumped onto the market was a record 16.4 million; by mid-november investors had lost about $30 billion
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Great depression
Period from 1929 through the 1930s in which the economy plummeted and unemployment skyrocketed
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Gross national product
The nation's total output of goods and services; nearly cut in half between 1929 and 1932
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Joseph p kennedy
Father of john f kennedy; sold his stocks before the crash and made money
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Hawley-smoot tariff act
Passed by congress in 1930; established the highest protective tariff in US history; designed to protect american farmers and manufacturers from foreign competition; had the opposite effect
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Causes of the great depression
Tariffs and war debt policies that reduced the foreign market for american goods; a crisis in the farm sector; the availability of easy credit; unequal distribution of income
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buying on margin
paying a small percentage of a stock's price as a down payment and borrowing the rest
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Shantytowns
Little towns consisting of shacks; also called "Hoovervilles" bc they blamed Hoover for the Depression
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Soup kitchens/ bread lines
Lines or people waiting to receive food provided by charitable organizations of public agencies
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Herman Shumlin
A Broadway theatrical producer, described the men he saw around him in NYC
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Dust Bowl
Region that was hit the hardest by the dust storm (Kansas, Oklahoma, Texas, New Mexico, and Colorado)
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Okies
Migrants that went to the west (on route 66); originally referred to Oklahomans but came to be used negatively for all migrants
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Monopoly
Board game invented in 1933; families entertained themselves
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Since Yesterday
Frederick Lewis Allen
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hoboes
Men who left their families behind and hit the road; also called transients
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Direct relief
Cash payments or food the government provides to the poor
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Jeane Westin
Author of Making Do: How Women Survived the '30s
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Eugene Williams
Age 13; was one of the desperate teens to ease the pressure on their families
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"Wild boys"
Teenagers looking for a way out of the suffering or to ease the pressure on their family
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"Hoover tourists"
Aka "wild boys"; sons of poor farmers; out-of-work miners, and wealthy parents who had lost everything; eager to tour america for free
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George Phillips
Age 11-17; rode the rails, first catching freights out of his hometown (princeton, missouri)
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"bulls"
Armed freight yard patrolmen
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herbert hoover
after stock market crash in oct 1929, he tried to reassure americans that the nation's economy was on a sound footing; important thing was for americans to remain optimistic; was an engineer and is humanitarian; born to a quaker family in iowa; went to stanford
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"rugged individualism"
what hoover praised during his campaign; the idea that people should succeed through their own efforts; should take care of themselves and families rather than depending on the gov
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boulder dam
hoover authorized it and it would be the world's tallest dam and the second largest; later called hoover dam; provides electricity and flood control, regular water supply, and provides water for cities such as LA and vegas
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"farm holiday"
farmers burned their corn and wheat and dumped their milk on highways rather than selling it at a loss; it was when they refused to work their fields
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"hoovervilles"
what shantytowns were referred to as
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"hoover blankets"
what homeless people called the newspapers they wrapped themselves in
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"hoover flags"
empty pockets turned inside out
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federal farm board
an organization of farm cooperatives; intended to raise crop prices by helping members buy crops and keep them off the market until prices rose
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bonus army
10k-20k WWI veterans and their families arrived in Washington DC from various parts of the country; aka bonus expeditionary force; led by walter waters; came to support a bill under debate in congress
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disbanding the bonus army
hoover thought they should be disbanded bc he thought they could become violent; led by general macarthur and major eisenhower; infantry gassed more than 1,000 people including an 11 month baby (died) and an 8 year old boy (partially blinded)
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Franklin Delano Roosevelt
democratic nomination for president; known as FDR; 2 term governor of NY and distant cousin of theodore roosevelt; possessed a "can-do" attitude; won had polio which paralyzed him from the waist down but could stand with braces
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20th amendment
moved presidential inaugurations to january; passed in feb 1933
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"brain trust"
(picked advisers) a select group of professors, lawyers, and journalists
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new deal
roosevelt's new set of policies for his new administration; designed to alleviate the problems of the great depression; goals : relief for the needy, economic recovery, and financial reform
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hundred days
period of intense activity launched by the roosevelt administration; march 9 - june 16, 1933; congress passed more than 15 major pieces of new deal legislation
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emergency banking relief act
authorized the treasury department to inspect the country's banks on march 5 (declared a bank holiday by roosevelt and closed all banks to prevent further withdrawals); those that were sound could reopen and those insolvent (unable to pay their debts) remained closed
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fireside chats
Roosevelt's radio talks about issues of public concern, explaining in clear, simple language is New Deal measures
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21st amendment
repealed prohibition
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Gardiner Means
economist who tried to justify the NRA by stating the goal of industrial planning
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deficit spending
spending more money that it receives in revenue
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american liberty league
opposed new deal measures bc it believed that it violated respect for the rights of individuals and property
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people who opposed the new deal
francis townsend
huey long
charles coughlin
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dorothea lange
photographer who documented american life during the great depression and the new deal; subjects were destitute migrant workers; had a limp from child polio; photograph "migrant mother"
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farm security administration
federal agency which established to alleviate rural property; funded much of lange's works which helped draw attention to the desperate conditions in rural
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second new deal or second hundred days
pres roosevelt's second burst of activity; he called on congress to provide more extensive relief for both farmers and workers
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Eleanor Roosevelt
first lady; social reformer who combined her deep humanitarian impulses with political skills; use influence in democratic national committee to urge admin to appoint women to get gov prepositions; made sure new deal included relief programs for women and men
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rexford tugwell
one of the president's top advisers
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1936 election
republican alfred landon (kansas) vs democrat roosevelt; roosevelt won the presidency and large majorities in both houses; marked the first time most african americans had voted democratic over republican; marked first time that labor unions gave untied support to a presidential candidate
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carl mydans
photographer hired by the FSA who captured a farmer working his land in granger homestead, iowa
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marian anderson
one of the most admired singers in the world and one of the top box office draws in the country; invited to perform in washington, dc but wasn't allowed to perform at constitutional hall bc of her race (african american); eleanor roosevelt and the NAACP arranged for her to sing at the lincoln memorial on easter sunday
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walter white
an official of the NAACP; hoped that they would get a new deal instead of a raw deal
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frances perkins
america's first female cabinet member; secretary of labor
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philip randolph
organized the country;s first all-black trade union (the brotherhood of sleeping car porters); his work and other laid the groundwork for what would become the civil rights movement
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mary mcleod bethune
an educator who dedicated herself to promoting opportunities for young african americans; hired by the president to head the division of negro affairs of the national youth admin
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"black cabinet"
organized by bethune; consisted of influential african americans to advise the roosevelt administration on racial issues; included william hastie and robert weaver (appointees to roosevelt's department of the interior)
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southern tenant farmers union
sought to protect the rights of tenant farmers and sharecroppers, both white & black
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john collier
commissioner of indian affairs; helped create the indian reorganization act
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indian reorganization act
marked a change in gov policy; helped to restore some reservation lands to tribal ownership; mandate change economically, culturally, and politically
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new deal coalition
an alignment of diverse groups dedicated to supporting the democratic party; included southern whites, various urban groups, african americans, and unionized industrial workers
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congress of industrial organizations (CIO)
included john lewis (united mine workers of america) and david dubinsky (international ladies garment workers); rapidly signed up unskilled and semiskilled workers; previously known as the committee for industrial organization but it was expelled
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memorial day massacre
clash at the republic steel plant in chicago on memorial day; police attacked striking steelworkers outside the plant; 10 people killed and 84 wounded
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new hollywood stars
clark gable, marlene dietrick, and james cagney (film industry) ā helped launch a new era of glamor and sophistication in hollywood
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gone with the wind
one of the most famous films of the era and one of the post popular of all time actors : clark gable and vivien leigh about life among southern plantation owners during the civil war
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flying down to rio
light romantic comedy featuring fred astaire and ginger rogers
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disney movies
wizard of oz (1939) and snow white and the seven dwarfs (1937)
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comedy movies
monkey business (1931) and duck soup (1931)
starred the zany marx brothers
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gangster films
little caesar (1930) and the public enemy (1931)
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film that presented new deal positively
mr. deeds goes to town director frank capra portrayed honest, kindhearted ppl
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orson welles
actor, director, producer, and writer who told the story of the war of the worlds (a novel) on the radio and people who listened thought it was real directed movies such as citizen kane and touch of evil
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comedians
bob hope, jack benny, and the duo burns and allen but moved onto tv and movies
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soap opera
homemakers
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children programs
the lone ranger generally aired later in the afternoon when children home from school
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hindenburg
what one of the first worldwide radio broadcasts was about
a german zeppelin in new jersey crashed
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head of WPA
harry hopkins
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federal art project
FAP; branch of the WPA
paid artists a living wage to produce public art; aimed to increase public appreciation of art and promote positive images of american society
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grant wood
american painter showed familiar subjects in realistic ways (sister and dentist as models for a farmer and daughter)
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american painters
edward hopper, thomas hart benton, jackson pollock, grant wood
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WPA's federal theater project
hired actors to perform plays hired artists to provide stage sets and props subsidized the work of important american playwrights (clifford odets ā waiting for lefty)
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woody guthrie
used music to capture the hardships of america forced to seek a better life somewhere else bc of dust bowl "dust bowl ballads" told of devastation from dust storms had his own radio show (first in LA then NYC) notable song : this land is your land
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WPA's federal writers' project
gave writers jobs such as... saul bellow (won pulitzer and nobel prize) richard wright (african american author who completed his novel native son - about a young man trying to survive in a racist world) zora neale hurston (wrote their eye were watching god
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john steinbeck
one of this country;s most famous authors who received assistance from the federal writers' project novel : the grapes of wrath
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james farrell
wrote studs lonigan trilogy which provides a bleak picture of working-class life in an irish neighborhood of chicago
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jack conroy
wrote the disinherited which portrays the violence and poverty of the missouri coalfields (where his father and brother died in a mine disaster)
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marjorie kinnan rawlings
wrote the yearling which depicted the tough life of a family in florida
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james agee and walker evans
writer and photographer who collaborated on a book let us praise famous men
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thornton wilder
wrote play our town which captures the beauty of small-town life in new england
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SEC
securities and exchange commission
created in 1934 which continues to monitor the stock market also enforce laws regarding the sale of stocks and bonds
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wagner act and fair labor standards act
set standards for wages and hours, banned child labor, and ensured the right of workers to organize and bargain collectively