Upgrade to remove ads
Arts and Humanities
History of the Americas
Topic 11: The Great Depression and New Deal
Terms in this set (17)
when the stock market and the price of stocks is increasing. Profitable to buy on margin.
buying on margin
installment buying for stocks. Purchaser pays a small amount and borrows the rest from a stockbroker. Profitable in a bull market.
On October 29, 1929, the stock market crashed as many people tried to sell their stocks. This led to a chain reaction of job losses that led the U.S. to the Great Depression, where 25% of working Americans became unemployed.
On the Great Plains, a series of droughts combined with unsuitable farming techniques created this situation. Farmers could no longer grow crops in this area.
Franklin D. Roosevelt
President from 1933-1945, famous for his plan to end the Great Depression, the New Deal, and his leadership during WWII.
FDR's plan to end the Great Depression. This plan had three goals: relief, recovery, and reform. Actions and programs included a bank holiday, the creation of many "alphabet soup" agencies to turn the economy around and put Americans back to work, and the creation of a social safety net through social security. WWII eventually completely pulled the U.S. out of the Depression.
Federal Deposit Insurance Company (FDIC)
the government began insuring bank deposits so Americans money was not threatened by banks loaning it all out
Works Progress Administration (WPA)
this government agency hired artists, workers, and musicians to work on public projects creating buildings, bridges, painting murals, etc.
Agricultural Adjustment Act (AAA)
a law enacted in 1933 to raise crop prices by paying farmers to leave a certain amount of their land unplanted, thus lowering production
Tennessee Valley Authority (TVA)
a federal corporation established in 1933 to construct dams and power plants in the Tennessee Valley region to generate electricity as well as to prevent floods
National Recovery Administration (NRA)
In order to promote fair business competition, incentivized businesses to have price controls and wage work hours. The symbol of the eagle let consumers know that the business abided by these things.
Civilian Conservation Corps (CCC)
provided work to young men ages 18 to 25 building roads and infrastructure; wages sent to families
Public Works Administration (PWA)
gave states money in order to create jobs to construct schools and other public buildings; funded artists creating public works as well
FDR spoke on the radio in support of New Deal programs to explain them to Americans. Helped Americans feel more secure about changes and created trust in FDR.
Relief, Recovery, and Reform
the three main goals of the New Deal Programs
War Bonus Army
WWI veterans who were promised bonuses they never received protested in Washington DC during the Depression
when you buy something when prices are rising, or you think they will rise, with the intention of turning a profit. Overdoing this leads to huge price increases, creating a bubble.
Recommended textbook explanations
HMH Social Studies American History: Reconstruction to the Present Guided Reading Workbook
United States History: Beginnings to 1877
Deborah Gray White, William Deverell
The Americans: Reconstruction to the 21st Century
Gerald A. Danzer, J. Jorge Klor de Alva, Larry S. Krieger, Louis E. Wilson, Nancy Woloch
American Anthem: Modern American History
Deborah Gray White, Edward L. Ayers, Jesús F. de la Teja, Robert D. Schulzinger
Sets found in the same folder
Topic 13: The Early Cold War
Topic 14: Post-War Prosperity and Civil…
Topic 7: The Progressive Era
Topic 15: Vietnam War, Great Society, an…
Sets with similar terms
Great Depression and New Deal
Unit 11: Great Depression & New Deal
The Great Depression & New Deal Names
The Great Depression & New Deal
Other sets by this creator
APUSH Chronology: Periods and Major Events
APUSH: Period 8
APUSH: Period 7