The Big Sad by https://padlet.com/chris_godin_rod/ud2hq52e3t2r Made with a quick smile en-us 2019-03-21 16:33:40 UTC 2023-05-18 02:01:02 UTC hello@padlet.com BIG SAD in ECO&POL chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/343889722 ECO: 9,000 banks failed due to the stock market crash. Longest economic crisis. farmers couldn't spark the economy because of the low prices on crops. Americans lost their jobs. Economy shrank because of Hoover. There were soup lines
POL: Europeans bought less American products. Increasing economic poverty in the US.
Hoover was elected and his popularity went down. Roosevelt's New Deal tried to solve poverty and unemployment.]]> 2019-03-21 16:41:32 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/343889722 FDR & NEWDEAL chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/343893180 The New Deal was implemented by FDR to improve American life. The New Deal implemented plans like CCC, the WPA, the TVA, the SEC.]]> 2019-03-21 16:48:09 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/343893180 CANADA & GD chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/343893414 The Great Depression hit  Canada.
There was a lot of poverty.
1 in 5 Canadians depended on the government 
30% unemployment rate
left Canadians homeless or unemployed 
known as the Dirty Thirties
Droughts on Prairies and heavy dependence on agriculture
 the country’s Gross National Expenditure [overall public and private spending] fell by 42%
The government needed a push to gain more money flowing into the Economy. That was when WWII broke out.
(The Canadian Encyclopedia) ]]> 2019-03-21 16:48:35 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/343893414 LA & GD chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344064029 Fascism was introduced in LA at the same time that the Great Depression was hitting them. The President of Brazil used propaganda to spread nationalism.
Bolivia, Chile, and Peru were the worst hit by the depression.
Brazil lost trade exports of coffee by 50%. The coffee had to be dumped or burned to make sure that prices don't fall.
As a result, foreign investment reduced]]> 2019-03-22 02:41:12 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344064029 GD on African Americans and women chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344064094 African Americans: experienced the highest unemployment rate. Even less money than before being in the depression.
Encourage activism, Civil Right Movements. Boycotts were started because of the unfairness
African-Americans created their own organizations
Women: economy had a one sex type in which only one sex could work. And for the most cases, women weren't chosen.
"Clerical workers, teachers, nurses, telephone operators, and domestics largely found work. In many instances, employers lowered pay scales for women workers, or even, in the case of teachers, failed to pay their workers on time. But women's wages remained a necessary component in family survival. In many Great Depression families, women were the only breadwinners."
women's jobs rose while mans work went down
Opportunities for women. Some blamed women for stealing jobs. ]]> 2019-03-22 02:41:42 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344064094 GD on arts in US chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344064144 "it was a decade of cultural ferment, in which American writers, artists, and intellectuals experimented with new, more socially oriented forms of literature, painting, theatre, music, and mass entertainment."

"Indeed, most American novelists, poets, artists, composers, and scientists continued to believe, as they had since the 19th century, that the United States was culturally inferior to Europe. So, to learn the latest modernist techniques in literature, painting, or music, or to study the most advanced theories in physics or psychoanalysis, they assumed they had to go to London, Paris, Berlin, Vienna, or Copenhagen."]]> 2019-03-22 02:42:07 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344064144 Pic chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344313969 Free Coffee and Doughnuts for the unemployed ]]> 2019-03-22 17:11:54 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344313969 Policies chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344340425
  • Emergency Banking Act - March 9: FDR closed all banks as soon as he was inaugurated to stop bank runs. It was enacted at great speed. A special session of Congress passed the bill in seven-and-a-half hours. This Act allowed banks to reopen once examiners found them to be financially secure. Five thousand banks reopened in the next three days. 
  • Government Economy Act - March 20: The Act cut the pay of government and military employees by 15 percent. It cut government spending by 25 percent. The $1 billion saved went to finance New Deal programs.

    • Beer-Wine Revenue Act - March 22: It legalized the sale of beer and wine and taxed alcohol sales, raising federal revenue. The Beer-Wine Revenue Act was followed by the passage of the 21st Amendment, which effectively ended Prohibition.
    • Civilian Conservation Corps - April 5: The program hired 3 million workers over the next 10 years to conserve public land. They planted forests, built flood barriers, and maintained roads and trails.
    • Abandonment of Gold Standard - April 20: FDR stopped a run on the precious metal. He ordered everyone to exchange all gold for dollars. 

    • Federal Emergency Relief Act - May 12: This program funded a wide variety of jobs in agriculture, the arts, construction, and education.
    • Agricultural Adjustment Act - May 12: This legislation subsidized farmers to reduce crops. It doubled crop prices by 1937. It was overturned by Supreme Court in 1936 because it taxed processors but gave funds to farmers. That was remedied in 1938.
    • Emergency Farm Mortgage Act - May 12: The act provided loans to save farms from foreclosure.
    • Tennessee Valley Authority Act - May 18: The program established a federal corporation that built power stations in the Tennessee Valley, the poorest area in the nation.

    • Securities Act - May 27: It required corporations to provide information to investors before issuing stock.
    • Abrogation of Gold Payment Clause - June 5: The government no longer had to repay dollars with gold.
    • Home Owners Refinancing Act - June 13: The act established the Home Owners Loan Corporation that refinanced mortgages to prevent foreclosures. It also provided additional capital to mortgage lenders. When it closed in 1935, it had refinanced 1 million homes, which was the equivalent of 20 percent of all urban mortgages.

    • Glass-Steagall Banking Act - June 16: This law separated investment banking from retail banking. It prevented retail banks from using depositors' funds for risky investments. It gave the regulation of retail banks to the Federal Reserve, prohibited bank sales of securities, and created the Federal Deposit Insurance Corporation. The act was repealed in 1999 by the Gramm-Leach-Bliley Act.
    • National Industrial Recovery Act - June 16: This labor and consumer law set up the Public Works Administration to create public works jobs, like San Francisco's Golden Gate Bridge and New York City's Triborough Bridge. This law also created the National Recovery Administration. It outlawed child labor, established a minimum wage of $1.25, and limited the workday to eight hours. It gave trade unions the legal right to bargain with employers. It was declared unconstitutional in 1935.



    In 1934, conservative businessmen criticized the New Deal as for being too socialistic. Others, like Louisiana politician Huey Long, said it didn't do enough for the poor. Despite their criticisms, FDR pushed for these additional programs:


    • Gold Reserve Act - January 30: FDR prohibited private gold ownership. He increased the price of gold to $35 per ounce, up from $20.67 per ounce where it had been for 100 years. That almost doubled the value of the gold held in Fort Knox from $4.033 billion to $7.348 billion, making the United States the world's largest owner of gold.
    • National Housing Act - June 27: This law established the Federal Housing Administration, which provides federal insurance for mortgages.
    • Securities Exchange Act – The law created the Securities and Exchange Commission, which regulates stocks and the stock market. 

    • Federal Communications Act – The Act consolidated all federal regulation of telephone, telegraph, and radio communications under the Federal Communications Commission.
    https://www.thebalance.com/fdr-and-the-new-deal-programs-timeline-did-it-work-3305598

    ]]>     2019-03-22 18:04:54 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344340425     chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344340829 2019-03-22 18:06:11 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344340829 Pic chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344355426 Strikers from unemployment relief camps established by the federal government in British Columbia and Ontario on their way to Ottawa to complain about camp conditions, 1935. Their journey was stopped in Regina.
    Library and Archives Canada, C-029399]]>     2019-03-22 18:40:47 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344355426     Pdf chris_godin_rod https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344360602 https://pdfs.semanticscholar.org/878c/98cc0955b640ce58a7c97947a2523159e174.pdf]]> 2019-03-22 18:57:36 UTC https://padlet.com/chris_godin_rod/ud2hq52e3t2r/wish/344360602