Key Period 7b Flashcards
- Black Tuesday
- The final plummet of the stock market
- Closed banks immediately after and aided the day of the great crash
- Reconstruction Finance Corporation
- Provided financial support to state and local governments and made loans to many corporations
- Bonus Army
- Promise that the war vets get a raise in their payment for honor
- When denied rouse in protesters
- Hoover orders Douglas Mc Aurthur
- Hawley-Smoot Tariff
- Raised U.S. tariff on imported goods
- Hoovervilles
- Villages of poverty and homeless
- Against Hoover for his neglect on his citizens
- Dust Bowl
- Dust storm that destroyed many of the homes
- Okies where one of the victims
- Okies
- Left homeless and moves to California
- Was rejected and considered a burden by other states
- The 3 R’s
- Relief Recovery Reform
- Programs that improve the lives and living of Americans
- The New Deal
- Domestic programs passed by congress and presidential executives
- First Hundred Days
- First 100 days of a term in the presidency
- Measure of success
- Emergency Banking Relief
-Banks are allowed to have a “vacation” before financially stable
- Fireside Chats
- 30 Radio Addressees by FDR to urge listeners to have faith in the banks
- Successful
- Huey P. Long
- governor of Louisiana ,member of the senate
- Kingfisher, “share our wealth campaign”, redistribution of wealth to rest of Americans
- American Liberty League
-FDR able to push large amounts of legislation through democratic held congress
- National Labor Relations Act
- Protect rights of employees and employers
- Encouragement of bargaining welfare of business for the American economy
- Schechter v. United States
- SCOTUS struck down major new deal programs
- Minimum wage minimum work hours
- Court-Packing Scheme
- Reform of the Supreme Court
- appointing justices to the court who are over 70
- Roosevelt Recession
- 1937
- Due to financial problems Keynesian economics (deficit spending)
- Good Neighbor Policy
- Foreign Policy towards Latin America with America as a “good neighbor”
- Neutrality Act
- Act declaring U.S neutrality to avoid war
- unintentionally repealed when Roosevelt supported England in war
- Cash-and-Carry
- Foodservice chain of American low price warehouse
- Destroyers for Bases
- Roosevelt’s compromise from helping Britain defying neutrality act
- U.S military bases in Britain