Chapter 14 Great Depression

45 terms by chrislewandowski 

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New Deal

The _____ was Roosevelt's plan for getting out of the Depression (relief, recovery, and reform).

Fear

What FDR said we should fear.

Hundred

The 1st _______ days Roosevelt was in office. This was a time of many new programs to try to improve the economy.

Bank Holiday

______ ______- time when Roosevelt closed all U.S. banks to see if the banks were financially healthy. He wanted to restore confidence in the banking system.

FDIC

The _____ insured bank deposits up to $2,500 initially. Abbreviation

SEC

The _____ regulated the stock market.Abbreviation

FERA

Roosevelt's relief organization called _____ which helped people find jobs.Abbreviation

Public works programs

_____ were government-funded projects to build public facilities.

CWA

The _____ employed 4 million workers to build roads, parks, airports, and other facilities.Abbreviation

CCC

The _____ put _2.5_ million young, unmarried men to work maintaining forests, beaches, and parks.Abbreviation

FHA

The _____ was created to improve housing standards and conditions and to insure mortgages (loans).Abbreviation

AAA

The _____ raised farm prices by paying subsidies or government financial assistance to farmers who cut production of certain crops.Abbreviation

TVA

The _____ provided cheap electric power, flood control, and recreational opportunities to the entire Tennessee Valley. Abbreviation

Brain trust

_____- informal group of intellectuals who were FDR's advisers.

Frances Perkins

President Roosevelt appointed the 1st woman cabinet member when he appointed _____ as Sec. of Labor.

Eleanor Roosevelt

Her husband's greatest adviser who worked for woman's rights.

NRA

Some "New Deal" legislation failed and the Supreme Court said the _____ was unconstitutional.Abbreviation

Second New Deal

The _____ went into effect. This caused more social welfare, benefits, stricter control over business, stronger support for unions, and higher taxes on the rich.

Social Security

The _____ _________ Act provided a national pension for the retired, disabled, and the unemployed was passed in 1935.

Alfred Landon

Roosevelt won re-election in 1936 when he defeated _____, the Republican, by a landslide.

Huey Long; 1$; $5

_____ was another demagogue. He wanted to limit individual income to __ million and inheritance to __ million and then redistribute the wealth.

Supreme Court

Roosevelt lost some popularity by trying to pack the _______ ________with liberal justices by raising the number of justices in office. He was later forced to drop the idea when the Republican and southern Democrats sided together.

recession

_____- a period of slow business activity.

36%

Union membership rose about 7.5 million people during the Depression and by 1935 some __ of Americans were unionized.

unconstitutional

The Supreme Court eventually declared some of the New Deal Programs _____.

Radio

__________became a major source of entertainment during the Depression where people gathered around them for fireside chats, shows, and soaps.

WPA

The _____ provided numerous jobs for unemployed artists, musicians, historians, theater people, and writers.Abbreviation

SEC

This program protected investors.Abbreviation

Hoovervilles

shanty-towns that housed many who had lost everything. Shelters were built of old boxes and other discards.

Red Cross

Clara Barton founded this relief organization in in 1881 that assisted people during the Great Depression.

speculation

One of the causes of the Great Depression where an investment that is very risky but could yield great profits

Black Tuesday

October 29, 1929; the day the stock market crashed. Lead to the Panic of 1929

bull market

a market characterized by rising prices for securities

bear market

a market characterized by falling prices for securities

margin

Buying on ________ means purchasing stocks on credit with a loan from a banker.

Great Depression

a severe, world wide economic crisis which lasted from the end of 1929 to the outbreak of World War II.

Hoover

President that initially believed in a hands off approach in dealing with the depression.

Dust Bowl

Region of the Great Plains that experienced a drought in 1930 lasting for a decade, leaving many farmers without work or substantial wages.

Bonus Army

Group of WWI vets. that marched to D.C. in 1932 to demand the immediate payment of their government war bonuses in cash

fireside chats

informal talks given by FDR over the radio; sat by White House fireplace; gained the confidence of the people

Fair Labor Standards Act

Sets minimum wage, requires over-time pay for time worked over 40 hours, and restricts the employment of minors.

Okies

migrants from Oklahoma to California during the dust bowl

Lou Gehrig

____ _____ said the following: "Fans, for the past two weeks you have been reading about a bad break I got. Yet today, I consider myself the luckiest man on the face of the earth."

Jesse Owens

African American who won 4 gold medals at the Olympic games in Germany in 1936.

Soaps

These radio shows like the Guiding Light became popular during the 1930's and were named after their original advertising sponsors.

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