CH32-33 Flashcards
A conference held in Washington D.C. in 1921, which with the goal of reducing naval arms race between the major world powers. The conference resulted in several important agreements, including the Five-Power Naval Treaty which established ratios of naval forces between the United States, Britain, Japan, France, and Italy. The conference marked the first time that major powers had come together to negotiate disarmament and limit their military capabilities in order to promote international peace.
Washington Naval Conference
A financial plan created by an international committee led by Charles Dawes in 1924. The plan aimed to address the economic crisis in Germany after World War I, by restructuring its debt and providing loans. It enabled Germany to make its reparation payments to France and other Allies, which helped to ease tensions and stabilize Europe’s fragile economy.
Dawes Plan
A multilateral agreement signed in 1928 by more than 60 countries, including the United States, France, and Germany. The pact renounced the use of war as a means of settling disputes, and committed signatories to resolving their differences through peaceful means. While the agreement did not prevent the outbreak of World War II, it laid the foundation for international efforts to promote peace and disarmament in the decades that followed.
Kellogg Briand Pact
A severe economic downturn that began in 1929 and lasted for a decade. One of the main causes was the stock market crash of 1929, which led to a sharp decline in consumer spending and investment. Other factors that contributed to the downfall included overproduction, the Dust Bowl drought, and a lack of government regulation in the financial sector. The Great Depression had a significant impact on the global economy, leading to high unemployment, widespread poverty, and a loss of confidence in capitalism.
The Great Depression
A term used to describe the period between Franklin D. Roosevelt’s inauguration as President of the United States in 1933 and the passage of numerous pieces of legislation aimed at addressing the Great Depression. During this time, Roosevelt and his administration passed a series of programs and initiatives, including the Emergency Banking Act, the Civilian Conservation Corps, and the National Industrial Recovery Act. These measures provided much-needed relief to Americans suffering from the effects of the Great Depression and helped to stabilize the economy.
“First Hundred Days”
Also known as the National Labor Relations Act, declared that workers had a right to form labor unions, elect representatives, and bargain collectively. Union membership increased
Wagner Act
This administration addressed the need for affordable quality housing. It created 51 housing projects and camps for migrant farm workers. The administration’s goals were to provide jobs, since it also ran it’s own construction projects and provided loans. Examples of the project
Public Works Administration (PWA)
Their main goal was police the stock market. They required register and disclose their assets, being that their overall mission was to preserve financial order and protect stock investors
Security and Exchange Commission (SEC)
They set plans to bring electrical power and economic recovery. Some examples are waterways, fertilizer, and cheap electricity. The Hoover Dam was built
Tennessee Valley Authority (TVA)
Used over $27 million to fund projects in the fine arts. Examples included literature music, and drama.
Federal Art Project
Provides financial support for the elderly.
government imposed a 1% tax on incomes. Also provided $ for disabled, mothers of dependent children, and the unemployed
Social Security (SS)
the government paid farmers to plant fewer crops. Farmers where convinced to destroy their crops.
They also helped by loaning money to farmers.
Agricultural Adjustment Act (AAA)
Provided direct aid, states would use the $ for food kitchens, housing
camps, cash payments for living expenses
Federal Emergency Relief Act (FERA)
They monitored banks to make sure their practices were profitable and fair, as well as guarantee deposits
Federal Deposit Insurance Commission (FDIC)
They oversee work programs and educational grants for youth 16-25. The goal was to provide financial & work assistance for High School & College students to continue their education.
National Youth Administration (NYA)
