1. 1920s Check Point

2. The 1920s were characterized by all of the following EXCEPT increased migration of blacks to the North continued high prices for agricultural commodities scandals involving the national government weak impulses toward liberalism Republican executive leadership

3. The farm depression of the 1920s was caused by mechanization and overproduction cheap foreign imports the selling of farms for overdue taxes the failure of the McNary-Haugen Bill inefficient farming methods

4. The Palmer raids of 1919 and 1920 were most closely related to the fear of communism and radicalism formation of the American Federation of Labor enforcement of prohibition rise of racial unrest in the Midwest enforcement of child labor laws

5. The purpose of the immigration restriction acts passed in the 1920s was to exclude Chinese immigrants for a period of ten years favor northern and western European immigration favor southern and eastern European immigration deny citizenship to immigrants from Asia and Africa limit immigration from Canada and Mexico

6. The Scopes trial involved conspiracy on the part of labor to restrain trade the teaching of Christianity in Tennessee schools conflict in values between traditional fundamentalism and modernism teaching the communist doctrine in Tennessee schools the rights of black Americans under the Fourteenth Amendment

7. The reemergence of the KKK, the Red Scare, and the trial of Sacco and Vanzetti best reflect which of the following dislike of immigrants intolerance of foreign ideas a rejection of the communist philosophy a trend toward mass consumption intolerance toward anarchists

8. The Dawes and Young Plans were both attempts to deal with which of the following problems immigration a worldwide arms race problems between labor and management German debt problems federal deficits

9. Great Depression & the New Deal

10. 1. When did the Great Depression Start?

11. Black Tuesday • October 29, 1929 • 16.9 million shares of stock were traded • Resulting in the loss of $14 million in one day

13. 2. What caused the Great Depression?

14. 4 major causes • Stock market speculation • Mistakes by the Federal Reserve Board • An ill-advised tariff • An uneven distribution of wealth

17. 3. What were the immediate economic & political effects?

18. Economic… • Nearly 50% drop in GNP • 50% decrease in national income • 25% unemployment • 20% of all banks failed

19. Political… • End of Republican dominance • Start of the “welfare state” • People EXPECT government intervention in economy to provide welfare

20. 4. How did Hoover respond to the Depression?

21. Hoover’s response… • 1929-1930 • Associationalism • 1930-1932 • Government intervention

23. 5. What event finally ruined Hoover’s reputation?

24. Bonus Army Debacle • 20,000 WW I vets marched on Washington to get their promised $1,000 war bonus early

25. Good Afternoon… • Turn in Take Home Test Answer Sheet ONLY • Prepare for Roaring Twenties Vocab Quiz • Pick up both handouts

26. 6. Who won the election of 1932?

27. Franklin D. Roosevelt

28. 7. What was FDR’s personal background?

29. FDR… • Came from a wealthy NY family • Governor of NY, 1928-1932 • Polio paralyzed him in 1921 • Eleanor Roosevelt was the first active first lady

30. 8. How did FDR change the American Party System?

31. Am. Party System

32. 9. What defined the 5th Party System?

33. 5th Party System… • New Deal Democrats believed… • Government should regulate economy more • Government should stay out of personal affairs

34. 10. How did Republicans Challenge New Deal Liberalism?

35. Republicans challenge… • Government should regulate economy LESS • Government should regulate personal affairs MORE

36. 11. What was the New Deal?

37. New Deal… • FDR’s plan to alleviate the Depression • Divided into… • First New Deal (1933-1935) • Second New Deal (1935-1937)

38. 12. How was the New Deal Implemented?

39. Solidified banking system… • Declared “bank holiday” in March 1933 • FDIC: insured deposits up to $5,000 per account • Securities Act & Securities Exchange Act: regulated NY Stock Exchange

40. Economic Relief for the Poor • FERA: Federal Emergency Relief Administration • CCC: Civilian Conservation Corps • CWA: Civil Works Administration • Homeowner Loan Corporation

42. Agricultural Problems… • AAA:Agricultural Adjustment Administration

44. Industrial Problems… • NRA: National Recovery Administration

45. American Infrastructure… • PWA: Public Works Administration • TVA: Tennessee Valley Authority

47. 13. How did the 2nd New Deal differ?

48. First New Deal Second New Deal • focused a little more on limiting production • focused more on encouraging consumption • government would have to deficit spend

49. 14. What were the major pieces of legislation in the 2nd New Deal?

50. Second New Deal… • Social Security Act • National Labor Relations Act • WPA: Works Progress Administration • Wealth Tax Act