America 1920-1970

• The Great Depression began with the stock market crash of 1929 and lasted until 1939.
• Truman ordered the bombing of Hiroshima and Nagasaki in August 1945.
• It was the worst economic downturn in the history of the industrialized world and saw large increases in unemployment, poverty, low profits, deflation, plunging farm incomes, and loss of confidence in the economic system.
• New Deal programs included the Civilian Conservation Corps (CCC), which provided jobs for young men working on conservation projects.
• President Franklin D. Roosevelt introduced New Deal policies aimed at providing relief, recovery, and reform during the depression.
• The National Recovery Administration (NRA) attempted to regulate prices and wages through codes of fair competition.
• The Agricultural Adjustment Act (AAA) paid farmers not to grow crops or raise livestock.
• The Works Progress Administration (WPA) employed millions of people in public works projects such as building roads and bridges.
• FDR's third term was marked by increased government intervention in the economy through initiatives like the National Recovery Administration (NRA) and the Agricultural Adjustment Act (AAA).
• Social Security Act established pensions for retired workers and benefits for widows and children.
• Farmers were encouraged to form cooperatives under the Farm Credit Act.
• The Securities Exchange Commission (SEC) monitored stock market trading to prevent fraud.
• The Tennessee Valley Authority (TVA) built dams along the Tennessee River to generate electricity and improve agriculture.
• The Federal Deposit Insurance Corporation (FDIC) insured bank deposits up to $5,000.
• The Civilian Conservation Corps provided jobs for young men working on conservation projects.
• Republicans won control of Congress in 1938 due to dissatisfaction with FDR's New Deal programs.
• New Deal programs provided employment opportunities and improved living conditions for many Americans.
• During World War II, FDR led the US into war against Germany and Japan, resulting in significant economic growth and social change.
• The Works Progress Administration provided jobs for artists, writers, musicians, actors, and other creative professionals.
• The National Labor Relations Act protected union rights and collective bargaining.
• The National Recovery Administration (NRA) set prices and wages for businesses.
• The Agricultural Adjustment Act paid farmers not to grow crops or raise livestock.
• The Works Progress Administration (WPA) employed millions of people in public works programs.
• Many people were able to find work through public works projects like the Works Progress Administration (WPA).
• FDR was elected president four times, serving from 1933 until his death in 1945.