Unit 8 (Ch. 23, 24, 25) Flashcards

1
Q

Warren Harding in office

A

“Return to Normalcy”
Veteran’s Issues
Washington Naval Conference
Scandals

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2
Q

“Return to Normalcy”

A

Warren Harding’s motto in 1920 election; Runs as Laissez Faire Conservative (End to Progressivism)
- Means they wont enforce anti-trust laws!

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3
Q

Veteran’s Issues

A

Adjusted Compensation Act - promises bonuses to Vets in 20 years
Creates Veterans Bureau

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4
Q

Washington Naval Conference

A

Known as being an isolationist….
Demilitarization Conference - decreased all military sizes across world
- 3:3:1 ratio of Britain:US:Japan in tons of navy metal

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5
Q

Charles Forbes

A

Harding put him in charge of Veteran’s Bureau - Forbes stole $200 million

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6
Q

Teapot Dome

A

Oil reserve that was kept from private development - Albert Fall (Harding’s Cabinet Member) was secretly selling this oil

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7
Q

Attorney General (Daugherty)

A

Gets paid for not prosecuting violators of prohibition

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8
Q

Affairs

A

Harding had many affairs - one with an actress and had a kid; another with the wife on an Ohio politician

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9
Q

Welfare Capitalism

A

Calvin Coolidge’s policy where businesses gave benefits to their workers
- good for business; no government help

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10
Q

Economic Nationalism

A

Raised tariffs on imports 32 times!

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11
Q

Kellog Brian Pact

A

Condemn militarism - agreed not to fight with other countries
- Known as the “International Kiss”

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12
Q

McNary - Haugen Bill

A

Provides economic help for farmers –> VETOED BY COOLIDGE

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13
Q

New Deal

A

Put in place by Roosevelt - Shot for relief (quick), recovery (economy) and reform (prevention)

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14
Q

First One Hundred Days

A

Passes more than 15 major pieces of legislation in his first 100 days in office

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15
Q

Emergency Banking Act

A

Closes all banks for one bank for one week to inspect all of them

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16
Q

Emergency Conservation Work Act

A

200,000 young men go to work because of the Reforestation and Conservation Act

17
Q

Agriculture Adjustment Act

A

Gave subsidies to farmers who cut production

- told farmers to cut wheat, kill animals to eliminate surplus and start over

18
Q

Federal Emergency Relief Act (FERA)

A

Federal government provides money to states governments for food shelters, etc. Harry Hopkins leads organization

19
Q

Tennessee Valley Authority

A

Built a hydroelectric network that supplied electricity to Tennessee Valley area

20
Q

Homeowners Refinancing Act/ Farm Credit Act

A

allows homeowners and farmers to refinance their mortgages

21
Q

Glass-Steagall Banking Act

A

creates FDIC - bank will insure up to $5000 if bank fails; separates commercial and investment banks; Federal Securities Act - full disclosure of stock info to public

22
Q

National Industrial Recovery Act

A

Sets prices and production quotas; minimum wages and maximum hours; competition laws; abolishes child labor; creates Public Works Administration (employed 2.6 million people in 30 days)

23
Q

Schecter v. US

A

Shuts down NRA - ruled unconstitutional

24
Q

Importance of midterm election of 1934

A

Democrats win big in Congress and so Roosevelt is able to continue to pass legislation

25
Q

Social Security Act

A

Provides pensions for most workers; funded by workers; gave assistance to unemployed, disabled and dependent children

26
Q

Works Progress Administration

A

The new PWA after it got shot down by Schecter

27
Q

Wagner Act (National Labor Relations Act)

A

Creates the National Labor Relations Board –> guarantees right of collective bargaining and recognition of Unions; outlaws discriminatory actions against unions

28
Q

Congress of Industrial Organizations

A

Huge group of labor unions; John Lewis - founder