US History II H1 Flashcards
Banking Crisis
- Banks started to close because of Great Depression(people withdrew their money)
- Steps to strengthen the banks:
- FDIC/ Glass-Steagall (people put money back into the bank)
- Give out loans to grow economy
- Banks are closed for small period of time (so people cannot withdraw their money) and fireside chat is given
- Instill confidence into the American people
- Steps to strengthen the banks:
Black Tuesday
- October 29, 1929, when stock prices fell sharply in the Great Crash
- People started to sell their stocks in order to try to save their money
- Many people commit suicide
Social Security
- Social Security Act
- Having economic support when you retire
- Take care of the people who receive
- Pensions are used, and energizes the economy
- Created during Great Depression
- Having economic support when you retire
Hooverville
- Term used to describe makeshift shantytowns set up by homeless people during the Great Depression
- Led to the creation of Hoover blankets (newspapers) and Hoover heaters (fires)
- Showed how people blamed Hoover for the Great Depression
20th Amendment
- The president and Vice President shall end their terms at noon on the 20th day of January
- Senators and Representatives’ terms end at noon 3rd day of January
21st Amendment
- Amendment that repealed the 18th amendment (mandatory prohibition of alcohol)
- Ended the Prohibition
- Led to a decrease in crime due to bootlegging
Dust Bowl
- Term used for the central and southern Great Plains during the 1930s when the region suffered from drought and dust storms
- People (called Okies) would migrate to cities for jobs (creates pressure for cities)
Federal Deposit Insurance Corporation
- government agency that insures bank deposits, guaranteeing that depositors’ money will be safe
- Insured up to 5,000 dollars
- Done to encourage people to deposit, as well as know that it is protected
- Created by the Glass-Steagall law
- SEC made the stock market a safer place for investments
- Stabilized the stock market
Tennessee Valley Authority
- government agency that built dams in the Tennessee River valley to control flooding and generate electric power (first time in history they had electricity and indoor plumbing)
- Creates jobs
- Works project run by the federal government
- Created industry there because of the promise of cheap power
- form of socialism
Civilian Conservation Corps (CCC)
- New Deal program that provided more than 2 million young men with relief jobs on environmental conservation projects, including reforestation and flood control
- Would clean out the areas, do landscaping
- The men who did the work were housed, clothed, and fed (got paid and sent the money home)
- Eventually became more inclusive by extending training to Mexican Americans as well
National Recovery Administration (NRA)
- National Recovery Administration
- New Deal agency that promoted economic recovery by regulating production, prices, and wages
- Headed by Henry Hopkins
- Created public works projects to create jobs
- Developed codes of fair competition to govern whole industries (help companies make a profit)
- Created minimum wage for workers as well as the minimum price for goods
Public Works Administration (PWA)
- New Deal agency that provided millions of jobs constructing public buildings
- Public Works Administration
- Built bridges, dams, and public buildings
- Improved the nation’s infrastructure and created jobs
- Ex: Bonneville Dam, the Overseas Highway
-Bonus Army
- Group of World War I veterans who marched on Washington, D.C., in 1932 to demand early payment of a bonus promised them by Congress
- Congress holds the bonus’
- Bonus used to support war veterans so they would spend the money and money would circulate throughout the system
Glass-Steagall
- Created the FDIC
- Federal Deposit Insurance Corporation- Instills confidence in the American people to put money back into banks
Fireside Chats
- informal radio broadcast in which FDR explained issues and New Deal programs to average Americans
- Done every week (first president to do this)
- Inspired and provided confidence to American people (We have nothing to fear but fear itself)
- The first chat was about the banks during the 4 day bank holiday
First 100 Days of FDR’s term
- FDR and Congress passed 15 bills (First New Deal)
- Goals: Relief (immediate hardships of the depression), Recovery(achieve long term economic recovery), and Reform (to prevent future depressions)- Starts fire-side chats
- Creates many of the new deal agencies
Brain Trust
- FDR sought the advice of a diverse group of men and women to plan the New Deal
- Group of professionals and academics
- Members: Henry Wallace (Secretary of Agriculture), Harold Ickes (Secretary of Interior), and Frances Perkins (Secretary of Labor)
Speculation
- Practice of making high-risk investments in hopes of obtaining large profits
- Investors gambled w/ money they didn’t have, used it to buy stocks
- One reason for the start of the Great Depression & Black Tuesday
George Patton
- Instills fighting spirit into the US troops
- In command of the troops in North Africa (Given to him by Eisenhower)
- Great Leader
- General
- Tours American hospital and hands out medals of decorations (Purple Heart)
- Some boy was afraid in the hospital and he (the boy) was slapped
- Patten was fired, but they gave him his job back
- Religious
- Wanted to attack Russia (Eisenhower said no)
- Known as “Blood and Guts”
Battle of Coral Sea
World War II battle that took place between Japanese and American aircraft carriers
Helped America gain morale during WWII (More confidence)
Japan moved to take Port Moresby in New Guinea
-From their they could threaten Australia and protect their military bases at Rabaul (New Guinea)
-USA sent to aircraft carriers: USS Lexington and USS Yorktown
-May 7th and 8th: Engaged in Battle (First sea fight in which enemies had never sighted each other)
-Technically was a tie, but Japan had to call off their attack to New Guinea (we win :) )
Yalta Conference
- 1945 strategy meeting between Roosevelt, Churchill, and Stalin
- Resort on the Crimean Sea
- Talked about what would be done to post war Germany, Asia, and Eastern Europe
- Agreed Poland, Bulgaria, and Romania would hold free elections
- Stalin later broke this promise
- All agree to Join the United Nations
- Russia agrees to declare war on Japan
Island Hopping
- World War II strategy
- involved seizing selected Japanese-held islands in the Pacific while bypassing others
- Used by the Allies to defeat Japan
Potsdam Declaration
- The Big Three (England, Soviet Union, and USA) consisting of Truman, Atlee, and Stalin met in Potsdam Berlin
- End of WWII
- Establish post WWII Europe
- Stalin promises elections in Poland, Romania, Hungary, Bulgaria
- Goes back on promise, which is framework for Cold War
Nuremberg Trials
- Trials in which Nazi leaders were charged with war crimes
- Showed the evils of the Third Reich
- Ex of person tried: Hermann Goring
- Prosecutors described the crimes (Horrors of the Holocaust)
- Said they were just obeying their superiors (not valid excuse)
Manhattan Project
- Code name of the project that developed the atomic bomb for USA
- Los Alamos in New Mexico had a secret facility
- Created by J. Robert Oppenheimer
Douglas MacArthur
- December 22: Positioned his forces to repel the Japanese invasion
- Miscalculated the strength of the Japanese army
- forced to retreated (from Manila to Bataan & fortification in Corregidor)
- Trapped there for a siege
- Leads to Bataan Death March
- During World War II
- forced march of American and Filipino prisoners of war under brutal conditions by the Japanese military
- More than 7,000 American and Filipino troops died
- Marched 63 miles
- Commander of the USA army forces in Asia
- Struggled to hold US positions in the Philippines
- Japan took Guam, Wake Island, and Hong Kong (destroyed half of our fighter planes in the regions)
- Japan wanted to continue to take resources from Asia
D-Day Invasion
- June 6, 1944
- The day Allies landed on the beaches of Normandy, France
- Allies hit German forces (Most import WWII Battle)
- The war will be over in less than a year because of this invasion
- Commander was Dwight Eisenhower
Blitzkrieg
- lightning war” that emphasized the use of speed and firepower to penetrate deep into the enemy’s territory
- How the Germans took over France (35 days)
Appeasement
- policy of granting concessions in order to keep the peace
- Ex: Giving Hitler a portion of Czechoslovakia (Studetenland)
- Because of this, Hitler keeps getting more and more land (encourages more aggressive actions)
Tuskegee Airmen
- African American squadron that escorted bombers in the air war over Europe during World War II
- Wanted by Eleanor Roosevelt
- Males were trained to be fighter pilots
- Had over 1,500 missions in Europe
- Didn’t lose a single airman