Competency 7 Flashcards
In the early 1900’s, how did the Industrial Revolution lead to reform?
Industrial Revolution created huge gap between rich and poor, particularly Moguls (owners, chairmen of board) and working people. Working conditions were difficult and there was need for reform. Also, there was political corruption and the need for reform in the government.
What are muckrackers?
reporters who wrote news stories about political and business scandals that they discovered.
What was the result of the muckrackers?
Progressive Era of 1900-1917
What was the Progressive Era?
movement that worked on making the government rid of social ills and promote the common good and equality guranteed by the Constitution.
What were the results of progressivism?
17th Amendment, which required all US senators to be chosen by election.
19th Amendment- gave women the right to vote
Economic reforms- Many acts were passed including Sherman Anti-Trust act, Elkins Act & Hepburn act (regulated railroads), pure food and drug act (no harmful chemicals in food), meat inspection act (meat not tainted), department of commerce & labor (stop child labor and compensation for workers)
Envronmental Impact- Theodore Roosevelt set aside 238 million acres of federal lands to make into national parks.
Federal Reserce Act- created national banking system
federal trade commission
16th Amendment- established income tax to help relieve the poor and make the wealthy pay a greater share of the nation’s tax burden
Who was the leading black spokesman from 1890-1915?
Booker T. Washington. Educator and believed in Education especially vocation education for African American (career training)
Who was W. E. B. Dubois?
fought for black rights and his efforts resulted in the formation of the Urban League and the NAACP (strongest group organization for Black people). Make sure that they fight for rights for Black people.
What event marks the start of the Depression?
1929 Stock Market Crash
What attitudes and actions of the 1920’s set the stage for the 1929 stock market crash and the Great Depression?
- Uneven distribution of wealth- caused by increased manufacturing productivity, but not increase for pay in workers. So all profits were going to the top .01% of the population. President Calvin Coolidge’s administration favored business and the wealthy. This weakened the economy. Credit was introduced.
- Risky investments in the stock market- government invested in technology (automotive and radio industries) and not in agriculture as they had during WWI when US was feeding much of Europe so farmers fell into debt. The automotive and radio industries slowed due to market saturation (have enough) that caused other dependent industries to also begin to lose money.
- Europe’s economy after WWI was poor because most of Europe was in debt to the US
- Federal government increased interest rates as Stock market declined
What were the immediate effects of the Stock Market Crash of 1929?
- Unemployment reached 25% nationwide
- HUGE number homeless (hoovervilles)
- Hunger lines
- Banks failed
- Dust Bowl
- Businesses failed
This all caused the Depression
Who beat Herbert Hoover in the 1932 Presidential election?
FDR because of his promise for a New Deal
What was the New Deal?
Legislation that FDR asked Congress to pass for Relief, Recovery, and Reform
Explain the 3 steps of the New Deal.
- relieve suffering with job creation projects.
- Recovery- stimulate the economy. Get people buying things again.
- Create social and economic change Ex: social security introduced.
What were alphabet organizations?
Part of FDRs New Deal.
AAA- Agricultral Adjustment Administration- helped farmer crop prices
CCC- Civilian Conversation Corps- get young men to be forest rangers
CWA- Civil Works Administration- build parks, roads, repair buildings
PWA- Public Works Administration- “ and hoover damn
WPA- Works Progress Administration- jobs program
TVA- TN Valley Authority- made huge damn on TN river, makes electricity. Hoover damn
SS Act- Pensions to the aid and to those who can’t work
Why did the nation’s economy not fully recover until America enter WWII?
Provided Jobs
What were the ideologies in America after WWII?
Capitalism: You’re in charge of your own destiny with how hard you work, and how well you invest
Socialism: Everything is shared by everyone. Never works!
Communism: Government will hold on to resources and will take care of you
Fascism: economy run by dictator. Creates popularity by masses because it substitutes nationalism for class system. Famous- Mussoulini, Italy during WWII