American Cultures Review, Mr. Homan Final Exam Review Chapters 14 & 15.
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Transcript of American Cultures Review, Mr. Homan Final Exam Review Chapters 14 & 15.
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American Cultures Review, Mr. Homan
Final Exam Review
Chapters 14 & 15
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American Cultures Review, Mr. Homan
How did popular perceptions of prosperity influence the
election of 1928?• Americans were happy
with Republican leadership of the country.
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American Cultures Review, Mr. Homan
How did speculation and margin buying cause stock prices to rise?
• Caused over investment as people ignored the risks and bought more than they could pay for.
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American Cultures Review, Mr. Homan
What did the experience of farmers and consumers during the
1920s suggest about the health of the economy?
• Beneath the surface prosperity, the economy was in trouble.
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American Cultures Review, Mr. Homan
What are the causes of the Great Depression?
• Tariffs (taxes on imports) cut down on the foreign market for American goods;
• A crisis in the farm sector;• The availability of easy credit;• An unequal distribution of wealth.
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American Cultures Review, Mr. Homan
Identify causes of the Dust Bowl?
• Overproduction of crops;
• Destruction of grasslands;
• Drought;• High winds.
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American Cultures Review, Mr. Homan
Why did so many men leave their homes during the Depression?
• Men were disheartened by their inability to support their families and abandoned them.
• Others hoped to find work and send money home to their families.
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American Cultures Review, Mr. Homan
How did the Great Depression affect women and children?
• Women– Managed tight
household budgets;– Encountered opposition
in holding jobs outside the home.
• Children– Suffered from poor diets
and inadequate health care;
– Welfare programs and schools were closed down.
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American Cultures Review, Mr. Homan
What did the Bonus Army want?• As veterans of WWI
they had been promised a cash bonus
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American Cultures Review, Mr. Homan
How did Roosevelt plan to alleviate the problems of the Great Depression
after winning the 1932 election?
• The New Deal • The New Deal focused on three general goals:– Relief for the needy– Economic recovery– Financial reform
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American Cultures Review, Mr. Homan
What did Roosevelt do during the Hundred Days?
• Passed 15 major pieces of legislation expanding the role of the national government in the economy.– Called for a bank holiday and allowed only healthy banks
to reopen.– Revived public confidence in banks
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American Cultures Review, Mr. Homan
Which New Deal programs were created to provide relief for farmers and workers?
• Agricultural Adjustment Act (AAA)– Reduce supply to increase prices
• Tennessee Valley Authority (TVA)– Built dams for flood control & hydroelectric power
• Civilian Conservation Corps (CCC)– Built roads, planted trees & developed parks
• Civil Works Administration (CWA)– Built schools, hired teachers, built roads
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American Cultures Review, Mr. Homan
How did liberal and conservative critics differ in their opposition to the New Deal?
• Liberals– Did not do enough to
help the poor;– Did not go far enough in
reforming the nation’s economy.
• Conservatives– Spent too much money
on direct relief;– Trying to control
business and socialize the economy.
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American Cultures Review, Mr. Homan
Why did Roosevelt launch theSecond New Deal?
• Based on the popularity of the first Hundred Days and the urging of the his social reformer wife, Eleanor.
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American Cultures Review, Mr. Homan
Why was the Wagner Act significant?
• It gave the federal government the power to protect and aid workers.
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American Cultures Review, Mr. Homan
The New Deal Coalition was a diverse group dedicated to supporting FDR and the Democratic
Party from the 1930s through the late 1960s. The coalition included:
• Southern whites• Mexican Americans• Native Americans• African Americans• Unionized
industrial workers
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American Cultures Review, Mr. Homan
Identify the lasting legacy of the New Deal
• Banking and finance are reformed.• Government takes a more active role in the
economy.• Workers benefit from labor standards.• Social Security system continues to provide for the
needy.• Conservation efforts continue to preserve the
environment.