AP Success - AP US History: Huey Long and Share Our Wealth
Some Democratic politicans in the Great Depression advocated for stronger social welfare programs than those the New Deal provided Americans.
Here is the whole sum and substance of the share-our-wealth movement…
The yearly income of every family shall be not less than one-third of the average family income, which means that, according to the estimates of the statisticians of the United States Government and Wall Street, no family's annual income would be less than from $2,000 to $2,500. No yearly income shall be allowed to any person larger than from 100 to 300 times the size of the average family income, which means that no person would be allowed to earn in any year more than from $600,000 to $1,800,000, all to be subject to present income-tax laws…
An old-age pension to the persons of 60…
To limit or regulate the hours of work to such an extent as to prevent overproduction…
The raising of revenue and taxes for the support of this program is to come from the reduction of swollen fortunes from the top, as well as for the support of public works to give employment whenever there may be any slackening necessary in private enterprise.
Huey P. Long. “Share Our Wealth.” 1934.
Question 1
Briefly describe ONE economic policy expressed in the excerpt.
Question 2
Briefly explain ONE historical development between 1900 and 1934 that made the ideas described in the excerpt appealing to some Americans.
Question 3
Briefly compare ONE way the ideas expressed in the excerpt were similar to or different from President Roosevelt's New Deal policies.
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