The Great Depression
Protest Permits in Washington D.C.
Requirement for permits for protests in D.C.
- If planning a gathering (e.g., 100,000 people), you must address logistical questions:
- Where will attendees go to the bathroom?
- How will they have access to water?
- Where will they park?
- Without a logistics plan, a permit will likely be denied.Right to freedom of assembly in the U.S.
- This right, however, has limitations similar to free speech rights.
- Organizations observed important protests, such as the veterans' protest, and learned to mobilize effectively in D.C.Impact on the Civil Rights Movement
- The civil rights movement in the 1960s adopted the formal protest strategy learned from earlier veterans’ protests.
- Anti-war groups also utilized this strategy, demonstrating organized public pressure.
Stock Market Crash of 1929
Discussion on factors influencing the stock market crash.
- Quiz question: What caused the stock market crash?
- Possible answers considered:
- Global farm production weakened.
- Federal tax cuts leading to inflation.
- Speculators purchasing shares on margin (correct answer).
- Costs associated with WWI that bankrupted the economy.
- Correct answer: Speculators purchasing shares on margin using borrowed funds led to the crash.Dust Bowl Effects
- Discussed in relation to John Steinbeck's work.
- Most affected demographic: Farmers on the Great Plains (correct answer).
Herbert Hoover’s Presidency
Criticisms of Hoover's handling of the Great Depression
- Endured negative public sentiment regarding his management of the Bonus March.Hoover vs. Franklin D. Roosevelt (FDR)
- Alleged response from FDR: "I guess that elects me" after seeing the handling of the veterans' march.
- FDR won the election by a landslide, leaving Hoover's political future diminished.
Franklin D. Roosevelt (FDR)
- Elected in 1932 and took office in 1933.
- First president to run for a third term and later a fourth term, resulting in a constitutional amendment limiting terms to two.
- Background:
- From New York and served as governor.
- Paralyzed from the waist down due to polio, managed public appearances to maintain a strong presence.
- Was a cousin of Theodore Roosevelt.
Criticism of Hoover’s Response to the Depression
Hoover's response was criticized for failing to provide direct relief to those in need.
- Quiz question: What did Hoover do wrong?
- Correct answer: Failed to provide direct relief (Hands-off approach).Veterans’ March & Public Sentiment
- Shantytowns referred to as "Hoovervilles" symbolized public discontent with federal responses.
New Deal Introduction
- FDR campaigned on promises of a "New Deal" for America, suggesting increased federal government involvement in economic recovery.
- The New Deal's undefined specifics:
- Similar to slogans like "Hope and Change".
First Hundred Days of FDR’s Presidency
- FDR's first 100 days set a standard for measuring presidential success.
- Accomplished 15 major reforms.
- Comparison: Future presidents evaluated against this benchmark.
- Example: Obama passed key pieces of legislation, but significantly fewer than FDR within the same timeframe.
Characteristics of the New Deal
- Three R's:
- Relief: For the unemployed (e.g., soup kitchens, creating jobs).
- Recovery: Reviving the economy through job creation.
- Reform: Establishing regulations, especially for banking and financial securities, to prevent future crises.
Examples of New Deal Programs
- Relief:
- Funding for states to run emergency relief operations.
- Creation of public works to address unemployment, substantially increasing infrastructure investment.
- Notable projects like the Hoover Dam provided employment and built infrastructure. - Civilian Conservation Corps (CCC):
- Employment program for young men (18-26) that provided room, board, and a monthly wage.
- Focus on conservation projects, planting trees, and improving national parks. - Works Progress Administration (WPA):
- Aimed at employing millions in public works projects, building schools, bridges, and parks.
Structural Reforms and Economic Recovery
- New Deal’s National Industrial Recovery Administration (NIRA):
- Set guidelines for working conditions (minimum hours, minimum wage).
- Encouraged unionization, promoting labor rights and organization.
- Minimum wage initially set at 25 cents/hour. - Agricultural Adjustment Administration (AAA):
- Aimed at reducing overproduction in agriculture by paying farmers to reduce crop acreage. - Tennessee Valley Authority (TVA):
- Addressed electricity access in rural areas, improving infrastructure and quality of life.
Long-Term Impact of New Deal Programs
- Infrastructure built during the New Deal continues to benefit society today.
- Examples include modern roads, schools, and other public works that remain in use. - The New Deal fundamentally changed the role of the federal government, expanding its scope and involvement in economic and social welfare.