U.S. History Exam 2 - FLASHCARDS - 3_7 Lecture 10
Who ran in 1928?
Huey Long. He wanted a Share Our Wealth program. Assasinated in Baton Rouge
Who was Huey Long?
Wanted a Share Our Wealth program. Everyone gets 2000 to 2500 dollars per year
What was the Works Progress Administration?
5 billion dollar budget for public works in 1835. Men would get 5 dollars a day if they were employed under this administration. Families would get 30 dollars a day
What was the Social Security Act of 1935?
welfare system for elderly, disabled, and unemployed. Gave unemployment insurance funded through employer payroll tax.
What was the Wagner Act of 1935?
Allowed unions to organize without any government interference. You can’t use the power of the government to break up strikes
What was the election of 1936?
Victory for Roosevelt and Democrats against Alfred Landen
What was FDR’s court packing?
Wanted to increase the size of the Supreme Court from 9 judges, to 15 judges. Wanted to also remove judges over 70 years old. Both parties were opposed
What did the democrats propose that got struck down?
lynching laws
What was the Farm Tennancy Act of 1937?
credit to tenant farmers to purchase land and became owners
What was the Fair Labor Standards Act of 1938?
First minimum wage set at 40 cents an hour. Mandated 40 hour work week. No more child labor
Who was John Maynard Keynes?
wrote the book, “The General Theory of Employment Interest and Money”. Argued large scale government spending necessary to sustain purchasing power and stimulate economic activity during downturns. Spend your way out of a recession.
What was the “Report of Economic Conditions of the South”?
Showed the south was the poorest part of the nation and the nation’s number 1 economic problem
Did the depression end with the New Deal reforms?
No
What pushed the USA out of the depression eventually?
World War 1
