ECON 113 Chapter Notes - Chapter 3: Hooverville, Douglas Macarthur, Bonus Army
Document Summary
Depressions in america: mid-1890s, resolved by globalization and immigration, 1930s, wwi + restrictionist legislation halts immigration. Effects of the great depression: decreased class conflict, e. g. brother, can you spare a dime? song by e. y. Hoovervilles : communities of shacks on the edges of cities or landfills. 1924: congress votes on a special supplementary payment to the veterans of wwi that could be collected in 1945 or upon the veteran"s death. Bonus army marches to washington demanding earlier relief // bonus march. General douglas macarthur) brings out tanks, fires tear gas at crowd. Fdr agrees that govt. cannot afford bonus. 1931: drought in the great plains leads to farmers losing property en masse from debt. Technology (e. g. tractors) = need to hire fewer workers. Fashion trends shift toward thinness = less food necessary. Father charles coughlin : pastor with a popular radio show during the depression who denounced intransigent capitalists like ford and hoover who denied worker"s claims for relief.
