APUSH ch 26
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Created by:
ilovepointe on February 11, 2012
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74 terms
Terms | Definitions |
|---|---|
 stock market | place where people buy and sell shares of money-making companies |
| bull market (boom) | when the stock market is increasing |
| bear market (bust, recession) | when stock market is decreasing |
| depression | 3 recessions |
| relief, recovery, reform | roosevelts 3 main program ideas |
| bank holiday | declared so panic of banks would stop |
| emergency banking act | closed weak banks and only opened strong ones |
| FERA | gave immediate cash help to those that needed it |
| AAA | taxed food processors and gave the money to farmers for not growing food |
| NRA | group of businesses organized by the gov and given power to set rules and regulations for the economy |
| home owners loan corp | gave loans to homeowners to prevent homelessness and bank closings |
| FDIC | permanent agency to insure depositors money in savings banks |
| SEC | permanent agency to monitor stock market activity and to stop fraud |
| SS | permanent agency designed to ensure money for elderly to survive |
| CWA | provided temorary road and bridge building jobs |
| CCC | temporary jobs to unmarried adults in helping with disaster relief |
| WPA | provided long term gov jobs and other public works |
| TVA | agency to build dams |
| Wagner Act (NLRA/NLRB) | helped unions and workers. made sure buisness practices were fair |
| soil conservation act | mandated proper soil maintence to prevent another dust bowl |
| fair labor standards act | min wage |
| federal securities act | full disclosure of information related to new stock issues |
| national employment system act | us employment service |
| home owners refinancing act | use of gov bonts to guarantee mortgages |
| banking act | guaranteed satety of bank deposits |
| national industrial recovery act | min wage and self regulation, ended 1935 |
| public works admin | appropriated funds for fed projects |
| security and exchange act | fed regulation of stock exchange |
| national housing act (communications act) | fed housing admin insured loans of private banks and trust companies for construction of homes |
| national housing act | construction of low cost public housing and slum clearance |
| resettlement admin | built new model communities for low income city workers |
| rural electrification admin | administered program of bringing electricity to farms |
| national labor relations act | encouraged collective bargaining and formation of unions |
| black thursday | day price of stock faltered causing inventors to sell causing a panic and prices to drop |
| black tuesday | the day the stock market crashed |
| great depression | a severe, world wide economic crisis which lasted from the October 29 1929 to the outbreak of World War II |
| uneven distribution of income, easy credit, imbalance in foreign trade, mechanization of industry | 4 reasons for great depression |
| dow jones industries | top 30 buisnesses |
| margin buying | brokers loaned money so people could buy stock |
| hawley smith tariff | highest tariff in us history |
| hoover | president: didnt take action, believed in volunteerism, didnt see it as the gov place to step in, helped buisness more than public, ordered bonus army out, uneffective overall |
| bonus army | WWI veterans demanding their bonus, went to DC to protest, huge amount, violently kicked out |
| hoovervilles | shanty-towns that housed many who had lost everything. Shelters were built of old boxes and other discards. |
| hoover blankets | Newspapers that homeless people used to cover themselves |
| rugged individualism | hoovers believe that individuals can provide for themselves, limited gov help |
| roosevelt | president: rich only child, good convincer, superficial, solidified democratic party, new deal, helped survival but didnt help in long term |
| 100 days | first days of roosevelts first term, 15 pieces of reform |
| harry hopkins | A New York social worker who headed the Federal Emergency Relief Administration and Civil Works Administration |
| father charles cougin | catholic priest that didnt like the new deal, gounded the national union for social justice |
| francis townsend | physician that made the townsend plan that everyone over 60 gets $200 per month that must be spent within 30 days |
| huey long | senator from LA who wanted share the wealth program to take money from the rich and give to the poor |
| okies | Dust bowl refugees |
| dust bowl | major great plains dust storms |
| cio | new union for unskilled labor lead by john lewis |
| eleanor roosevlet | spoke against racial injustice |
| black cabinet | AA members of the gov like William Hastie and Mary Bethune |
| john collier | head of indian affairs, funded reservation education, supported handiwork |
| indian reorganization act | encouraged tribal unity |
| liberty league | wealthy industrialist party against the new deal |
| alfred landon | republican opponent of roosevelt's 1936 election |
| court-packing sheme | roosevelt wanted to get rid of the 6 oldest court justices who opposed him |
| andrew mellon | sec of treasury under harding, lower taxes especially for the rich |
| coolidge | republican president after harding, helped buisnesses, did little, good term though |
| douglas macarthur | American general, who commanded allied troops in the Pacific during World War II. |
| francis perkins | Roosevelt's Secretary of Labor and first woman cabinet member in U.S. history. |
| john dillinger | Famous bank robber in 1930s. |
| brain trust | Group of expert policy advisers who worked with FDR in the 1930s to end the great depression |
| federal reserve policies | slowed the growth of money supply to curb stock market speculation |
| buisness cycle | fluctuations in economic activity, such as employment an production |
| fireside chats | The informal radio conversations Roosevelt had with the people to keep spirits up. |
| gnp | the sum of all goods and services produced in a nation in a year |
| emergency banking act, FERA, CCC | 3 examples of relief |
| AAA, NRA, WPA | 3 examples of recovery |
| SS, Wagner Act, Soil conservation | 3 examples of reform |
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