Terms in this set (20)
Group of expert policy advisers who worked with FDR in the 1930s to end the great depression
first hundred days of Franklin D. Roosevelt's presidency when a lot of changes occurred
what is a stock
a piece of company
why did the banks close
They ran out of money because everyone was getting their money out
Social Security Act
1935: An act that provided minimal sustenance to the elderly to save them from poverty.
Where was the Dust Bowl?
Oklahoma, kansas, colorado, New Mexico, ad texas
what was the main crop grown in the dust bowl region
Cause of the Great Depression
Overproduction, Unemployment, Stock Market Crash, Bank Closings
Buying on credit
People bought with credit and paid later. Many went into debt. "Possess today and pay tomorrow"
what was the first problem FDR addressed
the banking crisis
How long did the Great Depression last?
Depression shantytowns, named after the president whom many blamed for their financial distress
3 Rs of the New Deal
Relief, recover, reform
A drought in the 1930s that turned the Great Planes very dry.
who was president when the stock market crashed
National Recovery Administration
New Deal agency that promoted economic recovery by regulating production, prices, and wages
what was FDRs fight for the Great Depression called
the new deal
The president to serve for the longest time of twelve years was...
what was it called when Congress passed into law every request of FDR enacting more major legislation than any single Congress in history
the first 100 days
what was the cause of the Great Depression?
stock market crash