1. What were the causes of the stock market crash of 1929 and the Great Depression?
Causes of the Stock Market Crash
• Over speculation in the ‘20s
• Over production of goods
• Buying on margin
• Uneven Distribution of wealth
• Lack of government regulation
Causes of the Great Depression
• Stock market crash
• Overproduction and under-consumption of goods
• Increased tariffs- were intended to help the US bring in money but it ended up hurting us in the long run because people were not buying from the US because the cost was to high
2. What impact did the stock market crash and Great Depression have on the lives of people in the United States?
• People lost their jobs
• All jobs were taken form women and given to men so they could support their families
• People lost their homes and went hungry
• People received rations from soup kitchens
3. What did the United States government do to help alleviate the problems the Great Depression brought to our country?
• Teddy Roosevelt’s New Deal program: Designed to restore national hope, aid banks and the stock market, provide relief and more jobs(mainly government projects) to people were hit hard financially, and to set up more regulations for the government. It was frowned upon because many saw it as allowing the government to get too powerful.
• Teddy Roosevelt’s 2nd new deal: The biggest thing that was set up by the second new deal was the social security system that benefits the very elderly, the disabled, unemployed people, and children. The social security system, although having undergone some changes, is still in place today. In addition the second new deal created new and expanded on old new deal agencies and set up new labor laws.
• Social Security and welfare systems
• People had to rebuild their lives
• Banks had much more regulations ex. FDIC
5. What were the causes of WWII?
Cause of the War in Europe
• Germany invading Poland
Cause of the War in Asia
• Japan invading Asia
Cause of US involvement
• Japans Attack on Pearl Harbor
6. What impact did the United States have on WWII?
• We were able to produce plenty of supplies with our factories (stuff wins wars)
• The general public of the United States funded the war/ work in factories to aid production
• Very strong, well-armed military
7. What were the goals for the US during the Cold War?
• Promote open markets for US goods to prevent another depression
• Promote democracy around the world, especially in Africa and Asia
• Stop the Spread of Communism
8. What were some of the major events that took place during the Cold War?
• Berlin Blockade/airlift: The soviets blockaded Berlin and the Allied powers brought supplies, like food and fuel, to the Berlin people by air. Therefore making the soviets blockade a complete failure.
• Cuban Missile Crisis: The United State became aware that the soviets were building nuclear weapons with long range capabilities, making the US a target. We came hours away from nuclear war with Cuba and the Soviet Union.
• Red Scare/McCarthyism- spread of the fear of communism in the US
• Space Race- Competition between US and Soviet Union
• Bay of Pigs- Sent trained Cuban exiles to Cuba in hopes that other Cubans would join them in an attempt to overthrow the government in Cuba, which was run by Fidel Castro.
• Berlin Wall
• End of Cold War
9. Why did the US go to war in Korea and Vietnam and what were outcome of those wars?
War in Korea
• North Korea invaded South Korea and the United Nations decided to get involved in the war because we were obligated to because of the Truman Doctrine. When the US got involved, we pushed North Korea all the way to China, who then became afraid that they were going to be invaded. Chine then pushed US troops and Korean troops back. The war is known as the Back and Forth War. still have troops there today!
War in Vietnam
• We began involvement in the Vietnam War to stop the spread of communism.
• First very public war
10. How did the Cold War come to an end?
• Gorbachev agreed that communism wasn’t working and talked with President Nixon about the end of the cold war.
• He was a hero everywhere but his own country
• Soviet Union was failing economically, and its people were suffering because the government was only worried about the military.
They also made a big mistake by invading Afghanistan
11. Know these major post-Cold War Events:
-JFK Assassination- John F. Kennedy was shot and killed by Lee Harvey Oswald while in Texas. Oswald was then shot on his way to jail by Jack Ruby. There are lots of conspiracy theories about the assassination.
-Watergate- Republicans broke into the Watergate hotel in an attempt to get some dirt on the democrats. They were hoping to find evidence of the suspected prostitution ring being run from democratic headquarters. It was found out that Nixon had involvement in this, and after investigation (which found him guilty) Nixon resigned as president as an alternative to being impeached.
-Iran Hostage Crisis- 52 United States soldiers were taken and held captive for 444 days by Iranians. They were outraged because the Shah(their former leader) was in the US receiving medical care and they wanted him returned. The only way they would return the hostages was if we returned the Shah, and we refused.
-Persian Gulf War(1991)-
-9-11- Al Qaeda preformed a terrorist attack on the US by hijacking 4 planes and crashing them into the twin towers, the pentagon, and into a Pennsylvania field. The war with Afghanistan began because of this attack.
-War in Afghanistan- We began war there because of 9-11. We were going to take out Osama Bin Laden and Al Qaeda and over throw the Taliban, in order to prevent future attack on the United States. We also, later on, set up a (weak) democracy in Afghanistan.
-War in Iraq- We went to war in Iraq because Saddam Husaine made us believe that they had weapons of mass destruction.
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