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Major Causes of the Great Depression
- -overproduction and under consumption
- -1929 stock market crash
- -europe never recovered from world war 1
- -"hooverville"
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Effects of the Great Depression
- -unemployment in 1935 was 29%
- -homeless homies
- -health deteriorated
- -banks failed
- -farm income drops 60 %
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Franklin Roosevelt (1932-1945)
- -he was a boss ass bitch
- -"fireside chats": took advantage of media
- -declared bank holidays
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The New Deal (uno)
- -hundreds of government programs ti revitalize the economy (6 to be exact)
- -huge nail in the coffin of laizzes faire capitalism
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Agricultural Adjustment Act (AAA)
prevented overproduction in farms
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National Industrial Recovery Act (NIRA)
prevented overproduction in factories
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Civilian Conservation Cooperation (CCC)
hired young men to do public work projects
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Public Works Admin (PWA)
- BUILDS BRIDGES, AIRPORTS, ETC
- (oops cap lock)
- hired older people to write for museums and stuff
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Tennessee Valley Authority (TVA)
put men to work on building damns to make electricity (along tennessee rivers)
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Federal Deposit Insurance Cooperation (FDIC)
guaranteed bank deposits up to 5,000 dough
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Dust Bowl
- -combination of drought and high winds in part of Texas, Oklahoma, Arkansas, and Kansas
- -Okies: people who left to Cali for agriculture
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The New Deal (dos)
- -even more acts yay
- -just three this time
- -social security, WPA, and NLTA
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Welfare Capitalism
capitalist economy in which the government takes responsibility for the economic well-being of its citizens
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Social Security Act
- national government takes some money of yours into savings account for retirement
- -old age pension
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Categorical Assistance
assistance to a category (handicapped, unemployment)
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National Labor Relations Act (NLRA)
made the government a referee between employees and employers
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Emergency Relief Money Act
government spending a bunch of money, in an emergency, by putting people to work
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WPA
built tons of road, plazas, etc
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Effects of the 2nd deal
- -changed our economy permanently
- -made national government and president more powerful
- -prevented future depression
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adolf hitler
- in 1930 Hitler invaded british
- british was like OH HELL NO THESE NIGGUHS and declared war
- -blitz and crieg
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Pearl Harbor
- -December 7th 1941
- -japan sunk eight battle shios
- -sneak attack on pearl harbor and BOMBED it
- -japan were on the side with the germs
- -wanted to cripped the US navy before they got involved
- -got the US involved with the war
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Second Front
- why u frontin??
- -invaded France so that Germs sends his army to get another battle place (so we can close in on the mofos)
- -allies disagreed in when to set it up
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D Day
- june 6th 1954
- -attacked germs at 5 beaches
- -omaha was the most important
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Battle of Stallengrad
turning point in WW2, Germs advanced stopped
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Battle of Midway
- june 19
- -Japanese wanted to invade cali
- -the momentum was stopped of the Japan Navy
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Strategy of The allies at the pacific
- island hopping
- (kinda like homie hopping)
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Atomic Bomb
- -dropped an atomic bomb on Hirosbima (trueman)
- -japanese surrendered August 1945
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Why was the Atomic Bomb dropped?
- -to save american lives
- -the economic and political pressure from the Manhattan project
- -atomic diplomacy: the us dropped the bomb to scare russia
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Japanese-Americans
- -120,000 japs in cali were relocated to camps
- -forced to sell property
- -fear that japs would help the japanese
- -1988 US offered repatriation to survivors
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African Americans in WW2
- -the great migration 1877-1945
- -race is a nation problem
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Women in WW2
-doing non-traditional work
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The government in WW2
- - War production Board: government that told industrialists what to make
- - Office of Price Administration: put rations on what people buy and set the prices
- -nation government triples in size
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COLD WAR
- The competition between the U.S & Soviet Union between 1945-1991
- -it was fought indirectly
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Cause of the Cold War
- -competing ideology (US was capitalism and the Soviet was communism)
- -Russian expansion after WW2 to the west
- -2nd front
- -Soviet Union created there own atomic bomb in 5 years wtf
- -The "fall" of china (china just converted to communism)
- -U.S rebuilding germs
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the homie president truman
- -first cold war president
- -fair deal
- -truman doctrine
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Fair deal
- same idea as new deal but didn't pass
- instead there was an
- Employment Act: the government would do whatever it could to keep the employment rate high
- -this should that welfare was real af
- -civils rights for blacks (To Secure His Rights)
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Turman Doctrine
- the policy of containment
- -the US would prevent the spread of communism the western europe
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Marshall Plan
massive economic aid package to western europe. we gave over 12 mil into europe because we wanted to stabilize there economy
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Nation Security act (1947)
created the department of defense, national security council, and central intelligence agency
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North Atlantic Treaty Organization
an alliance between the US and the most western part of europe
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NSC-68
- report on the status of the Cold war
- -if we dont get better, we lose
- -the cold war is bound to happen
- -its a win lose
- (globalized the cold war)
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Korean War
- North Korea crossed boundaries to make south korea become communism
- the soviet union helped the north and the us helped the south
- the americans pushed the north back to the chinese boundaries
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McCarthyism (joseph mccarthy)
- -the search of communism in the American in the early 1950s
- -house of Un American Activities
- -Army Mccarthy Hearings- people say him for who he truly is,
- drunk and insane
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Reason for Mccarthyism
- -Communist spies
- -soviet bombed 5 years too early
- -klaus fuchs: worked on the atomic bomb and got convicted for selling secerts
- -amerasia america: american magazine that was in asaia
- -classified government info was found in asia office
- -Alger Hiss Trial: convicted of telling
- -internal subversion: internal threats
- -political rhetoric: soft on communism??
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Eisenhower (republican 1952-1960)
- hidden hand presidency: the way that eisenhower directed his administration while seeming to not be in involved
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Esienhower in da cold war
- -massive retaliation: if china starts something we blow the hell out of them
- -brinkmanship: the US would not back down in a confrontation
- -domino threat: the belief that if one country fell to communism, then all the others will
- -deterrence: prevent the soviet union from attacking the US
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Postwar Prosperity
- -cars, construction, defense spending
- -baby boom
- -suburbs and levittown
- -sun belt: cali, new mexico, texas (oil, air space, ag stuff)
- -TV
- -toys
- -health
- (GI Bill: living expensive for veterans, vaccines, infant mortality rate goes down)
- -fallout shelter
- -sex (Dr. Alfred Kinsey, america wasn't moral)
- -defense spending (pays universities to research → labs → industries)
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Seeds of Discontent
- -continued proverty (Edmund Murrows "See it Now"
- -negative reactions to suburbia "the man in the grey flannel"
- -U2 Incident: spy plane shot down, government lied
- -game show scandal
- -development of youth culture (hottie james dean and marlon brandu, beatniks)
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