We continued presenting today.
Ch. 15 Test Topics
Describe the cycle of the Great Depression?
What was the New Deal(1st and 2nd) and it's goals(3 R's)?
1st- 3R's, dealt with banking, railroads and farming, Brain Trust thought of it, there was a bank holiday to help the banks recover. 1933-1934, helped the banks and big businesses- trickle down theory.
2nd- Wagner Act- promoted labor unions, WPA relief program, SSA, fair labor unions. 1935-1936, helped the poor, get money and buy products- trickle up.
Differences- 1st economic recovery, get out of the depression.
2nd- social justice, stay out of the depression.
Why did people criticize the New Deal?
Why was FDR upset with the US Supreme Court and what did he do to try to solve this issue?
How did the New Deal help:
Unemployed
Farmers
Factory workers/labor
Young people
Banks/business- Glass-Steagall Act
Home owners
Elderly- SSA- Social Security Administration
Native Americans
Describe the culture of the 1930's.
Football, baseball, basketball, boxing were big sports.
Baseball- Negro league and Major league.
Soccer- first World Cup was held in Uruguay in 1934.
Olymipcs were in Germany in 1936. America had it's biggest team ever, Jesse Owens, African-American track runner, won and Hitler turned his back to him.
Fashion
Guys- business suit, old clothes, trenchcoats.
Girls-vintage hats with matching purses, fur, take money and bought clothes instead of food.
Key terms:
Hundred Days- FDR's concept, 1st hundred days in office, called congress to special session for 3 months, made series of social, economic, and job-creating bills, 15 major bills passed in 100 days.
Fireside chats- series of radio broadcasts from Roosevelt, first one in 1929, people sent letter of what they wanted hinm to talk about.
Priming the pump-got more people jobs, they had to spend a lot of money, lead to more debt-3.3 billion through the public work administration.
Deficit spending- spending money you don't have, FDR wanted us to get out of the depression, to support relief programs we needed to spend more money.
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