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APUSH

CH.24

Food for ThoughtSignificance
Two new national agencies based in Washington, D.C. (NEW DEAL programs) Federal Emergency Relief Administration and the Works Progress Administration
United Automobile Workers (UAW) GM workers industrial union in Flint, Michigan 1936
National Labor Relations Act (Wagner Act) Est. National Relations Board to oversee union elections and prohibit illegal anti-union activities by emplyoers
sit-down strike 1936 48 sit-downs involving ~90000 workers and in 1937 ~400000 workers participated in 477 sit-down strikes
Women's Emergency Brigade support by preparing food and maintaining militant picket lines for sit-down communities
New Deal: federal relief, Social Security system, new standards regulating minimum wages and maximum hours, and Washington-based efforts to improve the nation's housing.
Key Topics: Causes and consequences of the Great Depression; The politics of hard times; Franklin D. Roosevelt and the two New Deals; The expanding federal sphere in the South and West; American cultural life during the 30s; Legacies and limits of New Deal reform
John J. Raskob Chairman of the board of GM
The Bull Market stock market; ~1/3 of population owned stocks
margin accounts, easy credit, and investment funds (similar to today's mutual funds) lured new stock holders purchasing stocks by small down payment and, borrowing the rest from a broker, and using the shares as collateral, or security, on the loan.
"Black Tuesday" October 29, 1929
Causes of Great Depression Stock Market crash inflamed
Created by: pakamor
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