Monday: New Forum Post Leaders. Test tomorrow. Now about prohibition, stock market crash, women rights, elections (philosophy) also about the a lot of the rest of 1920's. Here is the Link to the Blog post with the notes.
Tuesday: Test
Wednesday: Presentations start with 1930's. Key notes are on the bottom of the page.
Thursday: I retook the test during class.
Friday: We started talking about the vote that we made for the presidents. Then we made our seating chart and the groups in which we work.
1930’s Topics:
1.-Causes of the Great Depression
- Overproduction of goods.
- Under consumption of goods by consumers.
- Agricultural slump in 1920's due to overproduction
- High protective tariff policies of the 1920's
- Taxes benefiting the rich-rich got richer, poor got poorer
- Stock market crash.
- Banks closing
- The vicious cycle of the great Depression
- Companies lose money so they lay people off.
- Unemployment rate goes up and less people buy goods as in income has dropped
- Companies profits fall so they have to lay more people off or close
- Cycle repeats itself.
2.-Impact the Great Depression had on people and our country
3.-President Hoover’s attempt(or lack thereof) to help solve Great Depression
- Hoover was viewed as uncaring and as a president who did very little to help with the Great Depression.
- Was seen as he didn't care.
- He was catholic
- Hoover encouraged people to be patient, stay positive and volunteer to help each other
- Federal Farm Board - stabilize prices and to promote the sale of agricultural products.
- Norris- La Guardia Act -strengthened labor union
- Hoover Moratorium - One year halt on German war payments to France. - One year halt on war payments from Great Britain and France to the US.
- Hawley- Smoot Tarrif - Raised tariffs to record levels
4.-1932/1936 Presidential elections
1932: Reconstruction Fiance Corporation:
- Gave loans to bank, state and local govt's and business' to create projects/ jobs for people.
- Gave states loans for emergency relief needs.
- Started under Hoover
- Not as successful as hoped.
Boulder (Hoover) Dam:
- Boulder Dam (now Hoover Dam) is located near Las Vegas.
- The Hoover Dam project including the dam, the All-American Canal' the town of Boulder city, highways, railroads and various other works, cost 165$ million to build.
5.-Bonus Army
6.-Entertainment, sports, music, radio, movies and fads
7.-Franklin Roosevelt’s background and accomplishments-Focus on New Deal
8.-The Three R’s
- Relief, Reform, Recovery
- Relief for the need
- Economic recovery
- Financial reform
9.-The difference between the First New Deal and Second New Deal
10.-Fireside chats
- Dust bowl
- Getting on the radio
- FDR was the first president that took advantage to that
- People could hear now presidents talking
- Calm peoples nerves.
- You could give hope to people.
11.-The Hundred Days
12.-Deficit spending and “priming the pump”
- Not spend a lot of money
- Getting along with it was priming the pump
- A lot of wasted money
- FDR said that we try some things some will work some won;t
13.-FDR vs the US Supreme Court-Court Packing issue
- 9 old people 6 will be over 70
- Roosevelt was frustrated, he thing that they can't do it
- For every person over 70 FDR wanted to put one of his people in there
- Didn't passed. He was trying to see to much power
- Congress and the American public thought he just wants to pack them
14.-Critics and failings of the New Deal-Long, Caughlin, Townshend
- Resons why the new deal was challenged.
- Created a very powerful president that led Congress, this was a violation of checks and balances
- It was a radial departure from Laissez faire ideals. Created "big government"
- Some acts appeared interfering and at worst unconstitutional
- Heavy dept burden- the United States was engaged in deficit spending and this was unhealthy for the economy in the long run.
- Townshend was a doctor
- He thought that old people lost a lot and didn't ahve any sorce of income.
- He wanted to make sure that they get something
- Senator Huey Long
- he was really socialistic
New Deal vs 2nd New Deal
- New Deal
- Restore the nations hope
- Help banks and stock market provide jobs and relief for poor
- plan and regulate the economy
- 2nd New Deal
- Pass new labor laws
- Create and expand new deal agencies
- Establish Social Security for older people unemployed.
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