Transcript 100 People Events Economics Politics Society

People
Events
Economics
Politics
Society
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Henry Ford did not invent the
automobile. Rather he is significant
because of what development in the
production of the automobile?
The use of the assembly line.
This black leader proposed that
blacks should return to Africa and
proposed the establishment of a
black national army in the U.S.
Marcus Garvey
Commodore Matthew Perry, with his
big naval gunships, forced open the
ports of this country to trade with the
United States.
Japan
This author of the Communist
Manifesto said that all of history was
a struggle between the haves and the
have-nots.
Karl Marx
This millionaire businessman of the
Industrial Age made his fortune in
oil – starting in Cleveland, Ohio.
John D. Rockefeller
Please explain why the 1919 Race
Riots were caused by the Great
Migration.
As the economy slowed at the end of
WWI, white northerners unleashed
their anger upon newly arrived
blacks because blacks took their jobs
(they would work for less pay).
What New Deal program was
established to attempt to prevent
problems that led to the Stock
Market Crash of 1929?
Securities and Exchange
Commission (SEC)
This event, striking the world in
1918, killed many more people
world-wide than the first world war.
Influenza Epidemic
This event was the “spark” that set
off the powder keg that was WWI.
The assassination of archduke Franz
Ferdinand.
Please explain how the policies of
laissez-faire capitalism led to the
Haymarket Square Riot.
Since the government did not
interfere with private business,
bourgeois owners could run their
factories in inhumane ways. Since
the government would not help
them, workers started to form
unions, and sometimes strikes and
rallies would get out of hand – like
Haymarket.
In a purely capitalist economy, the
price of a given commodity is
regulated by what two factors?
Supply and Demand
What is the number one thing that
communism seeks to eliminate from
society?
Private property
Please identify what Gross Domestic
Product (GDP) is?
GDP is the measurement of the total
wealth of a nation
Please identify what a depression is.
A depression is a severe economic
downtown, usually typified by high
unemployment.
Please explain Adam Smith’s
“Invisible Hand Theory.”
The theory is that, in a capitalist
economy, when an individual
pursues his greedy self-interest, he
inadvertently benefits society as a
whole.
Theodore Roosevelt was called a
trust-busting president. What does
this refer to?
TR aggressively went after
monopolistic companies and broke
them up.
What was the purpose of the
Espionage Act?
It restricted speech that presented a
“clear and present danger” to the
country during WWI.
Why did the court-packing plan
cause some of the country and his
own party to start to lose faith in
FDR’s New Deal programs?
People saw it as an attempt by the
presidency to circumvent the checks
and balances of the judicial branch.
Please explain how the politics of
laissez-faire capitalism led to the
terrible working conditions in U.S.
factories during the Industrial Age.
Since the government did not
regulate business at all, bourgeois
factory owners could get away with
treating their workers in an
inhumane way.
Please contrast how President
Herbert Hoover and President
Franklin Roosevelt dealt with the
Great Depression.
Hoover (Republican) believed that
individuals and private businesses
could solve the problems of the
Depression.
FDR (Democrat) believed that the
power of the federal government had
to be used to help people out of the
Depression.
Why did the availability of the
automobile given rise to a culture of
“Flaming Youth” of the 1920s?
Teenagers could escape the control
of their parents by going out in their
cars.
How did Upton Sinclair’s book The
Jungle about Chicago’s meatpacking
plants change society?
It led to the creation of the Food and
Drug Administration (FDA).
What were some direct effects of
Prohibition?
Rise in rebellious drinking
Underground market (bootlegging,
speakeasies)
Police corruption
Strengthened organized crime.
This artistic movement celebrated
the dignity of African-Americans in
contrast to the world of white racism
in which they lived.
The Harlem Renaissance.
How did the Eugenics movement
seek to solve the problem of poverty
in the United States?
Eugenicists believed that genes that
produced poverty were passed on
from generation from generation.
You could eliminate those “poor
genes” by sterilizing poor people.