20s And 30s Review Flashcards
Scandals
Tea pot dome- Harding’s Secretary of the Interior – Albert Fall leased government land to oil companies for drilling. He pocketed the lease money
Hoover response to stock market crash
Trickle down economics- tax breaks for the rich
Franklin Roosevelt
President during the Great Depression
New deal and three R’s
Roosevelt’s plan to end the Great Depression:
Relief, recovery, and reform
New Deal laws
Social Security Wagner Act Works progress administration Fair Labor Standards Act Agricultural Adjustment Administration
Critics of the new deal
Conservative republicans
Court-packing scheme
Franklin Roosevelt’s politically motivated and ill-fated scheme to add a new justice to the Supreme Court for every member over seventy who would not retire.
Tariffs and attitudes of the 1920s
Raised tariffs on imported goods
Harding reflected a laissez Faire attitude
Expatriate writers
The lost generation. A person residing in a country other than that of their citizenship. F. Scott Fitzgerald
Hemmingway
Expatriate writer
Langston Hughes
Harlem Renaissance poet
F. Scott Fitzgerald
Expatriate writer
Fundamentalist and scopes monkey trial
Fundamentalist strictly believed the words from the bible and rejected all theories of Darwin evolution. Scopes was tried for teaching evolution in schools.
KKK
Ku Klux Klan; oppose social change and black emancipation through violence and terrorism
Harlem Renaissance
Cultural rebirth for African American community. Centered in Harlem. The “new negro”.
Cause and effects of stock market crash
Causes: Buying on the margin. Installment plan. No regulations. No insurance on money deposited in banks.
Effects: bank failures. Decline in consumerism. People were unable to pay back their loans.
Buying on the margin
Buying stock but only paying a percentage of the total and paying the rest with borrowed money from the bank.
Installment plans
Paying a fixed price over a period of time.
Advertising in the 20s
Advertising was big because companies had not mastered the art of mass production, all they needed was a way to get people to buy their goods.
New deal policies that helped bankers businessmen and consumers.
Emergency Banking Act: declared bank holidays in an attempt to stem the bank runs
The FIDC: insurance on money deposited into banks
Flapper
A fashionable young woman intent on enjoying herself and flouting conventional standards of behavior.
19th ammendment
Women suffrage
Role of women in the prohibition
Against the consumption of alcohol. Supported the 18th amendment.
Eleanor Roosevelt
Wife of FDR. most active First Lady
Working conditions
Laborers were reduced to poor living conditions
Power or weakness of labor unions
Many geeked the power of unions during the red scare. They felt that they were bringing in too much socialistic ideals.During the FDR presidency he promoted the ideas of collective bargaining.
Immigration in this time period
Immigration was restricted. America was becoming a melting pot.
Immigration restrictions
Immigration Act of 1924 set a quota for how many immigrants were allowed in the country
Red scare
The hunt for communist in America
Palmer Raids
Palmer was known for his ruthlessness in finding and capturing communists
Sacco and Vanzetti
Anarchist who were charged with murder because the government feared they were communists, even though there was not sufficient evidence.
Wagner Act
Protected the right of employees to organize into unions and to bargain collectively.
CIO
Congress of industrial organization- laborers Union together.
1920s problems of overproduction
Farmers had to much product, but not enough demand because the war had come to an end.
Lack of support from federal government in the 20s
The government chose a laissez Faire stand point.
Great Depression effects on farmers
Dust Bowl- all the top soil was plowed and the farmer were unable to produce food
New deal laws: AAA- gave subsidies to farmers to farms on certain portions of land
Soil conservation act: farmers were paid to cut production of soil depleting crops
