ASAMST 20A Lecture Notes - Lecture 10: Immigration Act Of 1924, Roaring Twenties, Overproduction
23 May 2018
School
Department
Course
Professor
Great Depressio & the Asia Aerica
Couity Otoer 20
I. What was the 1920s (Roaring Twenties) like?
• Period of great prosperity
o 5% growth
o Positive atmosphere
• Contradictory events:
o Poor working conditions
o Growing racism: growth of KKK
o Consolidated exclusion laws
o 1924 Immigration Act
II. Seeds of the Great Depression 1929
• Overproduction of goods
• Ceasing of new immigration with the exclusion laws
• Decrease in supply of consumers
• Depressig of workers wages: soe people ould’t afford to uy goods.
• Paper hasig: oey was’t aked y gold.
o No regulation of investments
• Growing disparity between the rich and poor with no apparent middle-class.
III. Great Depression (1929-1939)
• How did the Great Depression come about?
o Income drop
o 5,000 bank failures
o Factories operating at 12%
o 30% unemployment and underemployment (only part-time work)
o Oversupply of labor
IV. Labor resistance
• 1934 SF General Strike
• Iteratioal Logshoree’s Uio
• Shake up: arbitrary choosing of part-time work at the dock; also known as unfair, which
caused a protest over hiring practices over the Long shore dock in SF.
V. New types of labor leadership
• CIO (Congress of Industrial Organizations): Asian Americans as active organizers.
• Karl Yoneda (Japenese):
o Labor activist
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Document Summary
Co(cid:373)(cid:373)u(cid:374)ity o(cid:272)to(cid:271)er 20: what was the 1920s (roaring twenties) like, period of great prosperity, 5% growth, positive atmosphere, contradictory events, poor working conditions, growing racism: growth of kkk, consolidated exclusion laws, 1924 immigration act. Income drop: 5,000 bank failures, factories operating at 12, 30% unemployment and underemployment (only part-time work, oversupply of labor. Labor resistance: 1934 sf general strike, shake up: arbitrary choosing of part-time work at the dock; also known as unfair, which. Keynesian economics: laissez faire (cid:894)let the (cid:373)arket de(cid:272)ide how (cid:373)u(cid:272)h to produ(cid:272)e: (cid:862)let it (cid:271)e(cid:863)(cid:895) was repla(cid:272)ed (cid:271)y. Keynesian economic policies by fdr during the great depression time period: keynesian economics: government intervention in market production. This economic policy helped save the economy: new deal (1933-1943), economic recovery, job creation: national parks, post offices, public works, civic uplift and responsibility to take the us out of the depression. The council included asian immigrants and other minorities.
