Review for Test Roaring Twenties and Great Depression

Tennessee Valley Authority Reform Reform Built dams, hydroelectric plants, reforestation of the Tennessee River Valley. Built dams, hydroelectric plants, reforestation of the Tennessee River Valley. Preserve natural resources. Preserve natural resources. Government accused of being a monopoly Government accused of being a monopoly

Social Security Administration Reform Reform Pension for retired workers age 62 or 65 Pension for retired workers age 62 or 65 Unemployment and death benefits. Unemployment and death benefits. Today added medicare and medicaid. Today added medicare and medicaid. In danger of going bankrupt today. In danger of going bankrupt today.

Federal Housing Administration Relief Relief Government made loans to people in danger of losing their homes (facing foreclosure). Government made loans to people in danger of losing their homes (facing foreclosure). Saved 10,000 homes. Saved 10,000 homes.

FDIC Reform Reform Insures bank deposits up to 5,000 (originally) – moved up to $100,000. Insures bank deposits up to 5,000 (originally) – moved up to $100, changed to $250, changed to $250,000

Securities and Exchange Commission Reform Reform Oversees the stock market Oversees the stock market Ethical practices Ethical practices Prevent insider trading Prevent insider trading

National Labor Relations Board Wagner Act Wagner Act Allowed labor unions to organize. Allowed labor unions to organize. Hold elections for union reps. Hold elections for union reps. Collective bargaining Collective bargaining File grievances. File grievances. Reform Reform

# ’s American Society Drastic social changes- women, automobile, buying on credit. Drastic social changes- women, automobile, buying on credit. Traditional v. modern thinking Traditional v. modern thinking

#3- Shenck v. U.S. Distributed pamphlets during WWI to avoid the draft. Distributed pamphlets during WWI to avoid the draft. Argued freedom of speech. Argued freedom of speech. Lost because of wartime. Lost because of wartime. Created a “clear and present danger” Created a “clear and present danger”

#4- Problems in agriculture Borrowed heavily from banks to buy large farms and machinery. Borrowed heavily from banks to buy large farms and machinery. Overproduced which decreased prices. Overproduced which decreased prices. Couldn’t repay loans Couldn’t repay loans Dust bowl Dust bowl

#5- Hoover Hoover was Republican Hoover was Republican Believed in laissez faire Believed in laissez faire

#6- New Deal Relief, Recovery and Reform Relief, Recovery and Reform Roosevelt believed government should be actively involved. Roosevelt believed government should be actively involved. Some argued government had too much control and was too involved. Some argued government had too much control and was too involved.

#7- Dust Bowl Severe drought in the midwest. Severe drought in the midwest. Described in Grapes of Wrath. Described in Grapes of Wrath. Roosevelt proposed- Agricultural Adjustment Act- subsidies and buy surpluses. Roosevelt proposed- Agricultural Adjustment Act- subsidies and buy surpluses.

#8- Lasting Impact of New Deal Social Security Social Security FDIC FDIC Securities and Exchange Commission Securities and Exchange Commission Wagner Act Wagner Act

#9- Scopes Trial John Scopes, a high school biology teacher was teaching evolution (evolution v. creationism). John Scopes, a high school biology teacher was teaching evolution (evolution v. creationism). Arrested and convicted. Arrested and convicted. Traditional v. modern values. Traditional v. modern values.

#10- Sacco and Vanzetti Two Italian immigrants executed without sufficient evidence. Two Italian immigrants executed without sufficient evidence. Anti-Immigrant attitudes. Anti-Immigrant attitudes.

#11- Hoover and Roosevelt Hoover- laissez faire- hands off and the economy will fix itself. Hoover- laissez faire- hands off and the economy will fix itself. Roosevelt- Prime the pump- put money into the nations economy to get it started. Roosevelt- Prime the pump- put money into the nations economy to get it started. Government should be actively involved. Government should be actively involved.