Under Roosevelt’s first New Deal programs Ran under the Federal Emergency Relief Administration, like the Civilian Conservation Corps (CCC) got 250,000 young men to work across the country on local projects. Also to reform the economy, the goal of (NIRA) or the National Industrial Recovery Act tried to end competition by making rules on how low prices can be and restrictions on the products themselves. That way a business can’t go and under price an item could easily afford the loss and make the
It was written July 26, 1935. It was written to explain the once very nourished land now has awful storms of dusts and no food. 2) According to Henderson, what are three changes that happened in Oklahoma during the 1910s and 1920s? What is her attitude about these changes? Throughout those years people began expanding causing more towns and trains and easier access to food and very supple land.
What were the effects of Hitler's rise to power? Choose one group of these groups and explain how and why it was affected by Hitler's appointment: The Wall Street Crash of 1929 caused an economic collapse in Germany. Businesses went bankrupt and unemployment consequently rose. In 1933 Hitler's election campaign slogan was "work and bread" as at the time unemployment in Germany stood at 6,014,000. When Hitler came to power his first actions to improve unemployment were to set up the National Labour Service, which gave men employment in public work schemes such as building roads.
DID YOU SEE ANYTHING THAT MADE THEM THINK OF THE GREAT GATSBY? 1920s = period of great social change, particularly in America affects many areas: music/dance; art/architecture; fashion; role of women; social mores (also political/racial intolerance) Reactions to this: ‘The Lost Generation’ Prohibition WHAT WAS PROHIBITION? The Volstead Act of 1920 prohibited the manufacture, sale and transportation of ‘intoxicating liquors’ WHAT WERE THE EFFECTS OF PROHIBITION? Definitely did not stop people consuming alcohol: WHERE IS PROHIBITION REFERRED TO IN THE GREAT GATSBY? The Speakeasy FILM CLIP Bugsy Malone (Fat Sam’s Grand Slam) Prohibition repealed 1933 during the depression, but too late, organised crime/corruption remained.
Consumption skyrocketed as Americans relished in the heyday of western capitalism. The environment that emerged from this climate helped to bring about an “orgy of speculation” sending Americans scrambling for easy profits in the bull market of the 1920s. However through excessive leveraging, borrowing on margin, and a restrictive economic policy, the boom soon turned to bust. The belief that high price levels could be maintained indefinitely was proved drastically wrong in what will forever be remembered as one of the worst economic disasters in the annals of American History. What was set in motion in late October 1929 can be traced back to the brewing market conditions and economic environment of the very decade it which the crash took place.
Initially, billions were wasted on war, bonds were a problem, and propaganda started to rise. Us spend about 33 billion on the making of the war. How did they get all that money? By taxing tobacco, liquor and luxury goods. Movie stars gave speeches in schools factories and street corners to help stop bonds free of charge.
With the help of the rearmament programme, unemployment was virtually eliminated by 1939. While government investment was the most important factor in this, the improvement in the world economy also helped. To help the farmers the Reich Food estate was set up in September 1933. It reorganised food production and fixed crop prices. Laws were passed to guarantee small farmers continued ownership of their farms.
Franklin D. Roosevelt and the Success of His New Deal The American economy started weakening by the middle of the1920s. However, over investment and speculating in stocks inflated their prices that contributed to the delusion of a robust economy. Since stocks were the hottest commodity to invest in, people borrowed money and used their stocks as collateral to the banks.The Great Depression was considered started on Black Thursday October 24th, 1929 when the New York Stock Exchange collapsed in the greatest market crash with the Dow closed at 316.38, and the plunge continued until the Dow reached its low of 41.22 in 1932. When the stocks values dropped, people were not able to pay for their debts while the banks just held worthless collaterals. Many banks declared bankruptcies because they could not get back their money from stock investors.
The Klu Klux Klan was active and the Nativist Movement against blacks, Jews and foreigners was growing (Williams, 1954). The so called ‘new immigration’ of over 800 000 foreigners in 1920 furthered the dislike of foreigners. The Emergency Quota Act of 1921 was passed, establishing a yearly quota limiting immigration (Williams, 1954). This was later replaced by the Immigration Act of 1924, further restricting immigration. The US government also raised tariffs on US exports and imports, to and from Europe in an attempt to strengthen the economy and establish the US as economically independent (Williams, 1954).
Stalin achieved most of his aims; Grain production rose to nearly 100 million tones in 1937, although the numbers of animals never recovered. Russia sold large quantities of grain to other countries; this of course made a huge difference to the economy in Russia. A colossal 17 million people left the countryside to go to work in the towns this was part of industrialization which helped to improve the economy. The kulaks were eliminated, this was one Stalin’s main aims and finally, the peasants were closely under the government's control, which pleased Stalin greatly. There were many failures in collectivization, particularly the - output fell in the 1930s largely for three reasons; the peasants resented the state taking their land, machinery and livestock, so they did not work as hard and put more effort into their private plots, where they could keep any profit generated.