- worldwide - many left jobless and homeless - banks fail - prosperity is over
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what were common after the stock market crash
soup and bread lines
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what phrase was common after the stock market crash
"brother can you spare a dime?"
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what were the causes of the stock market crash (5)
- over speculation (buying on credit/margin) - over production - imbalance of trade (Hawley-Smoot Tariff) - farm problems - problems in banking (Federal Reserve
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what doesn't hoover believe in; what does he believe in instead
govt handouts or direct aid; volunteerism and "rugged individualism"
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what did the Reconstruction Finance Corporation (RFC) do
give loans to banks and railroads
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who were the bonus army
ww1 vets that wanted their "bonus"
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what did the Bonus Army create in Washington
a "Hooverville"
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what was the effect of the Bonus Army
it was a PR disaster for Hoover
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what did the Stimson Doctrine say
the US will not recognize territory taken by force
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who was the GOP candidate in the election of 1932
Herbert Hoover (incumbent)
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what did some people blame Hoover for
some people blamed him for the SMC
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what did Hoover's campaign say in the election of 1932 to put a positive spin on the situation
"it could have been worse"
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who were the Dem president and VP candidates in the election of 1932
president: FDR VP: Henry Wallace
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what does FDR say he has while campaigning during the election of 1932
he says he has a "new experiment" called the New Deal
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how does FDR talk about the New Deal
he is purposely vague on what the New Deal is
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who does FDR say he cares about
the "forgotten man"
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what do the Dems promise to do in the the election of 1932
they promise to repeal prohibition
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who wins the the election of 1932
FDR (Dem)
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how many states does Hoover win in the election of 1932
6
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describe the relationship between Hoover and FDR after the election of 1932
there was tension between Hoover and FDR
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what major shift occurred in the election of 1932
black voters voted for Dems instead of GOP
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why did blacks typically vote for the GOP prior to the election of 1932
because the Dem were held responsible for the Civil War
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how was FDR related to Teddy Roosevelt
they were 5th cousins
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describe FDR's family
he was from a rich upstate NY family
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describe FDR's political experience before becoming president (3)
- Gov. of NY - Asst. Sec. of the Navy - VP candidate on the losing ticket in election of 1920
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describe FDR's personality
suave
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what happened to FDR in 1921
he was struck by polio
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how did polio impact FDR (2)
- he felt he no longer had a political future - he became more humble and more empathetic
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how was Eleanor Roosevelt related to TR
she was his niece
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where did Eleanor Roosevelt start
she started in the settlement house movement
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what was Eleanor Roosevelt called
the "Conscience of the New Deal"
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describe Eleanor Roosevelt as a 1st lady
she was a very active first lady
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what was Eleanor Roosevelt a crusader for
civil rights and the poor
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who did Eleanor Roosevelt fight for
the oppressed
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what was Eleanor Roosevelt's newspaper column called
"My Day"
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what is the most well-known line from FDR's inauguration
"The only thing we have to fear is fear itself"
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what were FDR's personal advisors called
his Brains Trust
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describe the time period in which FDR took over (4)
- he took over at a difficult time - high unemployment - businesses closed - banks in trouble
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what % of the US population was unemployed in 1932
25%
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what was the New Deal
programs to help get the US out of the depression and put people back to work
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what was FDR's \#1 challenge as he took office
to fix the banks
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what did FDR want to bring to the forgotten man
FDR wanted to "bring a decent standard of living to the forgotten man"
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what did FDR expand the role of the govt to do
he expanded the role of the govt to provide jobs
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what were the first 100 Days of FDR's presidency called; why
the 3rs; relief
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what did the 20th amendment do
it shortened the time between election and inauguration; before the amendment
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what is the 20th amendment called
the lame duck amendment
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what did the 21st amendment do
repeal of prohibition
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what were fireside chats
FDR reassured the people of America on the radio (no TV)
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what did FDR do to the banks
he closed them for 3 days
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what did the Glass-Steagall Act do (2)
- created the FDIC - insured people's money in the bank
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what did the Civilian Conservation Corps (CCC) do
put young men to work
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what work did the CCC do
reforestation and flood control
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what did the Agricultural Adjustment Act (AAA) do
payed farmers not to farm in order to raise crop prices
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what does the securities and exchange commission (SEC) do
monitors the stock market
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what did the National Recovery Administration (NRA) do (3)
- established fair codes for labor - est. max working hours - est. minimum wages
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what did the Wagner Act do
gave workers the right to organize
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why was the NRA difficult to implement
because it took a great deal of self-sacrifice on the part of the business (businesses care more about profit)
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what did the SC do to the NRA; why
the SC declared the NRA unconstitutional; they felt the executive branch was too involved in commerce
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what did the Federal Housing Authority (FHA) do
gave loans out for homeowners
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what did the Tennessee Valley Authority (TVA) do (3)
- gave electricity to rural areas - controlled problems with erosion and flooding - created jobs
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to who and what type of assistance did the Social Security Act give (3)
- unemployment insurance - old age pension - help for the disabled
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what was the Social Security Act an example of
direct relief
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how did the GOP feel about the Social Security Act
they were upset with it (Hoover was anti direct-aid)
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who was Frances Perkins (2)
- Secretary of Labor under FDR - 1st woman in a cabinet position
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who was Charles Coughlin
a critic of the New Deal
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what was Charles Coughlin's radio show called
Social Justice
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what did Charles Coughlin want
he wanted a guaranteed income and nationalized banking
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who was Huey Long
a critic of the New Deal and a Louisiana politician
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what was Huey Long's nickname
Kingfish
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what was Huey Long's program called; what did it call for
- Share the Wealth - Every man a king - $5000 income to every family
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who was Dr. Francis Townsend
a critic of the New Deal
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what did Dr. Francis Townsend want; what did this lead to
he wanted to give everyone over the age of 60 $200 a month; the Social Security Act
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what was the American Liberty League
a group that was a critic of the New Deal
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what did the ALL say
the New Deal was too socialistic
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who was the ALL led by
Al Smith
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what did other critics of the New Deal fear
the rapid growth of the federal govt and the growing national debt
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what decade was the Dust Bowl
1930s
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what were the reasons for the Dust Bowl (3)
- drought - erosion - over farming
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what happened to the land in the Dust Bowl
the land became un-farmable
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who were Okies
people from Oklahoma
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what did Okies do
they went W to California on Route 66 to look for jobs
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what book did John Steinbeck write; what was it about
The Grapes of Wrath; it was about the Dust Bowl
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what was the Committee for Industrial Organization (CIO)
a union of unskilled workers
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who was the CIO led by
John L. Lewis
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who were the candidates in the election of 1936
Dem: FDR GOP: Alfred "Alf" Landon
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where was Alfred "Alf" Landon from
Kansas
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who won the election of 1936
FDR
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what did FDR perceive the results of the 1936 election as; how did the SC feel about this
he perceived them as a mandate to continue the New Deal; they disagreed
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what did FDR wants the SC to do
be more sympathetic to New Deal programs
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what was FDR publicly critical of
the Supreme Court
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describe the SC during FDR's second term
they are very old and very GOP
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what was FDR's court packing scheme
he wanted to enlarge the SC and add up to 6 new judges
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how was FDR's court packing scheme received; what did this do
it was unpopular; its unpopularity hurt the momentum of the New Deal
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what did John Maynard Keynes advocate
"deficit spending" to stimulate growth
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what is deficit spending also called
priming the pump
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what did Adam Smith write
Wealth of Nations
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what did Adam smith believe
an "invisible hand" controls business; the invisible hand is competition