Central government makes all economic decisions (Communist factor/trait)
Command Economy
Offered farmers money to produce less cotton in order to raise prices during the Great Depression
Agricultural Adjustment Act (1933)
American statement that the government did not want colonies in China, but favored free trade there
Open-Door Policy (1899)
Uneven distribution of income ($) throughout a population
Income Disparity
Established minimum wage ($), overtime pay ($), recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments
Fair Labor Standards Act (1938)
Human-made waterway linking the Atlantic to the Pacific across the Isthmus of Panama
Panama Canal
Rising prices and fall in value of money
Inflation
Authorized the President to regulate (monitor) industry for fair wages ($)and prices that would stimulate the economic recovery (Great Depression)
National Industrial Recovery Act (1933)
American military based attacked by the Japanese on December 7, 1941
Pearl Harbor (1941)
Theory (John Maynard Keynes) that increased government spending and lower taxes stimulate demand (in order to pull the U.S. out of the Great Depression)
Keynesian Economics
Established the legal right of most workers to join labor unions and to bargain collectively with their employers
Collective Bargaining - Process in which employers negotiate with labor unions about hours, wages, and other working conditions
Wagner Act (1935)
President Theodore Roosevelt’s reassertion of the Monroe Doctrine to keep the Western Hemisphere free from intervention by European powers
Roosevelt Corollary
Programs and legislation enacted by Franklin D. Roosevelt (FDR) during the Great Depression to promote economic recovery and social reform
New Deal: Relief, Recovery, Reform
Limited the number of immigrants allowed into the United States through national origins quotas; The quota provided immigration visas to two percent of the total number of people of each nationality in the United States as of the 1890 national census
Immigration Act of 1924
Star of a campaign aimed at recruiting female workers for the defense industry during World War II
Rosie the Riveter