- What were the causes of the stock market crash of 1929- lack of government regulation, buying stocks on margin! Pooling, Over-priced stock. By 1930, between 6 and 7 million people were unemployed. And the Great Depression? - The Stock Market Crash, Bank failures, American economic policy w/Europe, Drought Conditions.
- What impact did the stock market crash and Great Depression have on the lives of people in the United States?- When stock prices fell, panic struck, Mass Withdrawals, Bank runs, No way to recover savings, 20,000 companies went bankrupt. Forced families in crowded apartments, women went and tried to find work, 1/4 of families did not have one employed member. 12 million people became unemployed. People neglected dental and doctor work. Nearly 750,000 farms were lost. Suicide and Crime rate went up.
- What did the United States government do to help alleviate the problems the Great Depression brought to our country?- New Deal Programs: Wagner Act- rights to organize into trade unions, and collective bargaining. FLSA- maximum work day/week, established minimum wage, time and a half overtime, and banned most child labor. PWA- large scale, public works construction agency, built dams, bridges, hospitals, and schools, purpose to provide employment, and revive the economy.
- What were the causes of WWII? - The treaty of Versailles. Japanese Aggression. Germany kept invading countries, and we would “forgive” him, if he promised to stop. (appeasement) But he just kept on doing it, and finally we dug our heels in, and told him not to do it again, but he did, and we went to war.
- What impact did the United States have on WWII? – changed the tide of it
- What were the goals for the US during the Cold War? - To stop the spread of communism, to spread democracy. Promote trade throughout the world.
- What were some of the major events that took place during the Cold War?-
-Berlin Blockade/airlift- Russia blockaded Berlin, because they thought it was theirs, so we sent planes in, and airdropped supplies to the citizens. Cuban Missile Crisis- Soviet Union gave Cuba missiles that could reach, and destroy most cities in the US. So we were going to invade, but a last minute deal was reached where they would take their missiles out of Cuba, we would never invade Cuba, and we would take our missiles out of Turkey, Red Scare/McCarthyism-we thought communists were going to take over the US, so senator McCarthy accused people, and held hearings asking the accused if they were communist, or if they knew somebody who was communist. Bay of Pigs- the CIA trained Cubans to invade, and overthrow Castro. No Americans took part in the Invasion to keep it secret. We thought Cubans would join forces with the rebels, but that didn't happen. And most of the Cuban invaders that we trained were killed or captured, and everybody knew that we had a part in this. Berlin Wall- after Berlin was split up into Free, and Communist, the Russians thought that people would rather come to the communist side, but instead people saw communism for what it was and were fleeing from the communist side. So the Soviets built a wall to keep everybody in. Gorbachev and Reagan helped bring it down. End of the Cold War- Gorbachev instated the policies of glasnost and perestroika (De-Stalinization) getting rid of Everything Stalin did to the people of the Soviet Union.
8. Why did the US go to war in Korea and Vietnam and what were outcome of those wars? - To stop the spread of communism. Korea: North invaded the South
9. Know these major post-Cold War Events:
-JFK Assassination- JFK, Blown away, what else do we have to say.
-Civil Rights- Brown vs. Board of Education court/affirmative action- required companies to hire certain # of black people/colleges to allow certain # of people.
-Watergate- somebody was caught breaking into the DNC office (Watergate complex). And they had bugged the Nixon’s administration’s opponents. Nixon denied having been involved with this, but then two reporters kept digging, and had an Informant gather information on this, and they figured out it was the Nixon Administration, He got into deep trouble, a lot of people resigned, and he eventually resigned, because if he didn’t he would have got impeached.
-Persian Gulf War (1991)- Saddam Hussein gassed his own people. Iraq invaded Kuwait, oil disputes. Operation Desert Shield- protected Saudi Arabia from Iraqi invasion. Operation Desert Storm- invaded Kuwait to free them from Iraq. No Fly zone, and weapon inspectors.
-9-11- Al Qaeda hijacked some 4 planes, 2 flew into the World Trade Centers, 1 flew into the Pentagon, And the last one was headed for the White House until the passengers stormed the cockpit, and forced it down.
-War in Afghanistan- brought about because of 9-11.
-War in Iraq- intelligence said that Saddam Hussein was getting WMD’s. US never found WMD. Ended Saddam’s reign.
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