Great Depression && the New Deal
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Created by:
jlocdagunna on April 8, 2010
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33 terms
Terms | Definitions |
|---|---|
 Business Cycle.. | The Pattern Overtime of Economic Growth && Expansion, Followed By Economic Contraction && Decline.. |
| Peak.. | Highest Point of Economic Growth at Any One Stage of the Business Cycle.. |
| Trough.. | Lowest Poin of Economic Depression at Any One Stage of the Business Cycle.. |
| Downward Spiral.. | Term For the Cycle That Keeps Dragging Down During a Depression -- Spending Falls, So Employers Cut Production && Lay Off Workers -- Causing More Decline In Spending && Leading To More Lay-Offs.. |
| Installment Buying.. | Term in 1920s for Purchasing a Car, Radio, or Other Expensive Items By Making Monthly Payments.. |
| Inventory.. | Total Amount of Manufactured Goods On-Hand in Manufacturies, Warehouses, && Stores Yet To Be Sold To the Consumer.. |
| Stock.. | Share of Ownership in a Corporation.. |
| Speculation.. | Instead of Purchasing Stock as a Long Term Investment, This Term Describes the Act Of Buying Stock As A Gamble That It's Price Will Continue To Rise, So The Buyer Can Quicly Resale It At a Profit.. |
| Margin Buying.. | Term For Buying Stock By Paying Only A Part (Perhaps 10%) of the Price && Borrowing the Rest From the Stock Broker.. |
| Deficit Spending.. | Term For the Federal Government Spending More Than it Takes in in Taxes && Other Revenue; The Government Has to Borrow the Remainder.. |
| Bond.. | Issued By A Business or Government as a Way To Borrow Money For New Projects or Business Expansion; These are Sold to Investors && Repaid WIth Interest Over a Specific Time Period.. |
| Bull Market.. | The Nickname for the Increase or Upward Trend in Economic Growth.. |
| Bear Market.. | The Nickname for the Decrease or Downward Trend in Economic Decline.. |
| Dawes Plan.. | The 1924 Plan to Kick Start the Global Economy with the Agreement to Lower the Reparation Payments Paid By Germany to Britain && France.. |
| Dust Bowl.. | A Long Severe Drought That Hit the Midwest in States Like KS, OK, TX, && AK; Ecological Disaster that Wiped out Many Farms.. |
| Herbert Hoover.. | The President from 1928-1932 Who Was Believed To Have Caused the Great Depression Because of His Laissez Faire Approach on the Economy.. |
| Revenue Act of 1932.. | The Largest Tax Increase in Peacetime History that More Than Doubled The Income Tax.. |
| Hawley-Smoot Tariff Act.. | Imposed Tax on Imports; Extremely Bad for Farmers.. |
| Hoovervilles.. | The Nickname for Ran-Down Shanty Towns and Tent Cities.. |
| Franklin D. Roosevelt.. | President From 1932-1941.. Promising a New Deal to Repair the Economy after Herbert Hoover.. |
| First Hundred Days.. | Time Period When a Series of Laws Where Passed to Represent the New Deal.. |
| Federal Emergency Relief Administration.. | First Federal Aid to the Poor; Providing Employment Schemes.. Attempted to Deal With Problems Associated With Poverty.. |
| Civilian Conservation Corps.. | Gave Direct Aid && Employment to Young Men.. Federal Camps Establised and 3 Million Men Joined.. |
| Federal Housing Administration.. | Provided Federal Money To Banks to Give Out Loans For Housing.. Because of the Expensive Prices.. |
| Works Progress Administration.. | Biggest Federal Jobs Programs in the New Deal.. Provided Jobs to Solve Unemployment.. [Artists, Role Plays, && Builders] |
| Social Security Act.. | First Retirement Program to Help the Unemployed Elderly.. |
| Tennessee Valley Authority.. | Poverty And Under-Developement of Tennessee River Valley.. Lack of Electricity && Constructions.. |
| Rural Electrification Act.. | Dealt With The High Cost && Helped Federally Fund the Distribution of Electricity.. |
| Agricultural Adjustment Act.. | Provided Federal Funds to Farmers by Paying Farmers Subsidies In Order For Them NOT To Farm.. Increased Farm Unemployment && Increased Food Prices.. |
| National Industries Recovery Act.. | Focused on Industry Recovery && Regualted Business.. Created a Vast Array of Associations including the NRA [National Recovery Administration] |
| Wagner Act.. | Focused on Labor Reforms [Relationship Between Workers && Managers] Established the Legal Right of Workers to Form Unions.. |
| Federal Depository Insurance Corporation.. | Established the Banking Act of 1933 by Insuring Peoples Savings in Banks.. Made a 5 Day Bank Holiday.. |
| Securities && Exchange Commission.. | Regulated the Stock Market.. Federal Watch-Dog Agency && Enforced Federal Laws.. |
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