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2013-2014 Final Exam Review 8 th Grade Social Studies. PART 4 : Great Depression, WWII, Cold War. Crash of 1929. Speculation in stocks and a consumer culture based on credit led to panic, bank runs and inflation .
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2013-2014 Final Exam Review8th Grade Social Studies PART 4: Great Depression, WWII, Cold War
Crash of 1929 • Speculation in stocks and a consumer culture based on credit led to panic, bank runs and inflation. • Anger at President Hoover led to shantytowns of unemployed being called Hoovervilles.
The New Deal • During the New Deal years of the Great Depression, the role of the federal government would drastically increase to meet the needs of the failing economy. • FDR created a series of relief programs, for example,the Social Security Act, which established a system of unemployment insurance and pensions for retired workers. • The New Deal also created an era of deficit spending,in which the government spent more money than it had to try and provide relief to Americans.
TO DO LIST: #1- HELP BANKS • FDR’s first order of business was to get the banking system in order • On March 5, one day after taking office, FDR declared a bank holiday (closed banks for four days) to stop the bank failures.
TO DO LIST: #2- GET PEOPLE TO WORK • Tomorrow you will learn about the programs put into place by FDR to get people back to work.
#3: KEEP THE PEOPLE INFORMED • FDR communicated to Americans via radio • His frequent “Fireside Chats” kept Americans abreast of the government’s efforts during the Depression
U.S. Enters the War • The U.S. entered the war after Japan bombed Pearl Harbor. • The U.S. forced Japanese-Americans into internment campsuntil the end of the war. (The government paid reparations to Japanese Americans).
Outcomes of WWII • The Holocaust (discovery of the Final Solution) • Nuremburg Trials • Trial for the highest ranking Nazi members. Convicted of crimes against humanity and sentenced to death. • Creation of the United Nations: designed to promote world peace.
The Cold War • Marshall Plan: a plan for aiding the European nations in economic recovery after World War II, proposed by U.S. Secretary of State George C. Marshall in 1947 • Korean War & Vietnam War: both were Cold War efforts to containcommunism. • Cuban Missile Crisis: tense 13 day standoff between the United States and Soviet Union over the placement of Soviet nuclear missiles in Cuba.
Current Events • What places in the world are struggling against dictators? • Where else do we see people fighting for civil rights? • Who is the current president? Vice president? Governor of NY?