ch. 24-25 Flashcards
what was hoover’s public perception during the depression?
-unpopular
-“do nothing” president
-wasn’t even trying to help the depression
what was the result of the hawley smoot tariff?
-was a tariff menat to help american economy
-only worsened it
-other countries retaliated with similar/worse tariffs
-hurt ability of america to sell to other nations
how did FDR appeal directly to the public to support his banking reform plan?
-called it “banking holiday” (appealing name)
-fireside chats: fatherly figure communicating his plan and connecting to his citizens
-charismatic
what was FDR’s “hundred days?”
-new policies and laws enacted during FDR’s first days in office to combat the depression
how did FDR’s strategy of eal with the depression differ from hoover?
-FDR advocated for bold experimentation to try to fix the depression
-hoover was more lassiez-faire, let it work itself out
what was FDR’s first strategy for dealign iwth the banking crisis?
-bank holiday
-closed banks to recoup cash holdings
what was the glass steagall act?
-issued federal insurance to bank accounts up to a certain amount
-FDIC
what was the provision of the agricultural adjustment act?
-government subsides to cut farm supply
-pays farmmers to not work
what new deal program possible drw the most criticism for being socialist?
-TVA: gov. funded power projects in the south
-created bc electricity cost was hig and FDR wanted to use federal assitance to level playing field
-sparked controversy bc it was government buisness competing with private
what political voting result came from FDR’s victories in 1932 and 1936?
democratic dominance, president had been republican dominated for a while
what was the indian reoganization act of 1934?
-reversed the dawes act
-promoted tribal self-governmetn
who mad eup the american liberty league?
-republican and democrattic conservatives
-fought against “reckless spending” and “socialist programs” of new deal/FDR
what were some significant results of the newl deal?
-FDR altered presidential expectations
-FDIC
-social security
-fair labor standards act (no more child labor, 40 hr work week)
what was the dust bowl/what issues did it cause?
-massive dust clouds on the great plains
-happened bc soil was so nutrient deprived bc of lack of crop alterntantion
-resettlement agency relocated urban and rural families to other communities bc of it
what was FDR’s new strategy after the roosevelt recession in 1937?
-keynesian economics
-spend his way ou of it
what was the controversy surrounding FDR’s ocurt-packing scheme?
-criticized for abuse of power
-seen as tryign to become a dictator
-proposed to add judges to court
-supreme court had ruled against many new deal policies
what factores contribued to the rise of facism in europe?
-devastated economy + destabilized governments = rise of fascism and authoritarian governments that would “fix” issues
what was the U.S. initial response to the facist aggression in europe/africa in the 1930s?
-isolationism/neutrality
-withdrew from the london enomic conference in 1933
-nye committee advised total neutrality, even in buisness
-linked buisness greed to involvement in WWI
what were the provisions of the neutrality act of 1935?
-embargo of arms to warring countries
-barred U.S. citizen travel on beligerent ships
-allowed trad to warring nations through “cash and carry”
-paid in cash and provided their own transport
what did FDR’s “quarantine speech” talk about?
-criticized ajpan’s conquering of china
-froze all japanese assets in the U.S. and ended trade
-80% of japanese imports
what nation did germany invade when they broke the munich agreement?
czechoslovakia
what country did germany invade that officially started WWII?
poland
what motivated FDR to run for a third term in 1940?
-state of the world/war/instability
-hilter invaded poland and WWII began
-U.S. neturality is slipping away
how did the lend-lease act mark the end of U.S. neutrality in WWII?
-U.S. now allowed to provide and materials to allies and defer payment until after war
-siding with allies basically
-raised the question of if neutrality was ended bc they were favoring allies