In 1932 Franklin D. Roosevelt won the presidency in a landslide victory over Herbert Hoover (President at that time). He implemented many ideas to get the nation out of the depression. He based his ideas off of three principles; relief, recovery, and reform. Roosevelt’s “New Deal” was tremendously successful as it improved the nation’s economy and lowered the enormously high unemployment rate. The event that started the Great Depression was “Black Tuesday.” On this day, the stock market crashed.
The populist movement was a period in history where America was plagued with a lot of corruption and economic issues. The gold standard was causing deflation, the farmers were trying to gain political power, many businesses were being monopolized, and so much more. The gold standard was one of the biggest debate points of the election of 1896. William Jennings Bryan, the Democratic candidate, was a large supporter of free silver. Free silver, if put into the economy, would most likely cause inflation and help the farmers.
Usually, the election represents the competition between two major parties – the Democratic and Republican. However, there exist many third parties that constantly fail during the elections. One of the major differences between Democratic and Republican Parties concerns taxes and the economy. Democrats promote fair trade, balancing budgets, and believe in necessity to pay down national debt through enhanced taxes on higher income Americans (Parla). The Democratic Party states that the government has the possibility to create economic opportunities, help those people who suffer from current real estate crisis and prevent it in future.
Also, he gave elected officials the right to choose their own followers to public office. Jacksonian Democrats also sought “relaxed property qualifications to vote”. Jacksonian Democrats were all about representing the common man, and, since it represented the powerful and wealthy eastern people trumping over poor farmers, they shut down the “Second Bank of The United States”. Populists were also about representing the common man. In fact, they wanted “free and unlimited coinage of silver” to help debtor farmers in the west that had borrowed gold from wealthy western Americans.
(Document 3) To some, the heavy cost of indentured servitude was too much. “(Document 3) Mittelberger describes the price of indentured servitude as the, "barter and sale of their children as if they were cattle. What made the American colonies a prosperous land of opportunity In the South, "The trade of this colony Virginia is large and extensive.” (Document 4) The rise of large towns is a good indication of the high level of economic prosperity and standards of living in colonial America. “(Document 2) In contrast, Gottlieb Mittelberger writes in his Journey to Pennsylvania that those who can perform manual labor in their own country should, "stay THERE rather than come to America. That opportunity, however, was at the cost of their fellow man.
Most Americans feared socialism; they linked it to trade unions, mass immigration and anarchy. Socialists believed in equality Big business leaders were afraid of organised labour; the growth of for ‘social justice’ including causes such as women’s suffrage, direct election to the senate and conservation. Some Progressives were pacifists and anti-imperialists but most were strong nationalists. The Progressive wing of the Republican party reunited with the mainstream party in 1916. Progressivism achieved very little as a separate party but at one time, it seemed that it could achieve national support.
Executive: usually the head of state; approves the laws – Pres. Barack Obama in USA 3. Judicial: interprets and enforces the laws Capitalism versus Socialism * Both are economic systems, NOT forms of Government. * Definition: Capitalism is an economic system that emphasizes private ownership of the means of production or a privately controlled economy. In a capitalist society, you have a free market and companies live by the profit motive.
Industry groups are most interested in what the agency does c. Regulators are appointed by political figures who are elected by interest groups. 3. On the Right – Chicago School – take away the regulatory power of agencies (conservative view of big government) 4. On the Left – Nader – arguing for judicial review and increased checks on the agency iii. Rights revolution of the 1960s and 1970s 1.
Week 3 Individual Work By the 1890s, the United States had by far the world’s most productive economy. American industry was producing twice as much as their closest competitor-Britain. From the Civil war until the 1890s, most Americans had little or no interest in territorial expansion. Americans resisted expansion for two major reasons. The first reason was that imperial rule seemed inconsistent with America’s republican principles.
The Gilded Age • “Gilded Age” by Mark Twain • New technology • Breaker boys: sat in coal refineries and picked out impurities in the coal • Corruption of every political office • Boss Tweed: one of the most corrupt figures of this time • Income disparity – extremely wealthy and extremely poor people • People are getting into debt • Government only cares about their own agendas • Social issues: immigration, international interventions, and new technology • Rise of industries leads to urbanization: the transition from rural to urban living to take advantage of new technology 80% in farms to 80% in cities • Rush of people to cities fills jobs but creates social problem: living conditions near all time low for most • Immigration to