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57 terms

Apush Chapter 24

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Great Depression
The period following the stock market crash that was the longest, most severe depression yet...it caused far more business failures and unemployment and affected more people.
Black Tuesday (October 29, 1929)
The day the stock market crashed!!
Dow Jones Index
The index of stock prices that fell from its high of 381 before the crash to an ultimate low of 41.
Income Distribution
One of the causes of the Great Depression; uneven distribution of wages compared to the large increases in productivity and corporate profits
Buying on Margin
Allowed people to borrow most of the cost of the stock, making down payments as low as 10 percent
Gross National Product
The value of all the goods and services produced by the nation in one year
Herbert Hoover
The first president who had to deal with the troubles of the great depression
Hawley-Smoot Tariff (1930)
A schedule of tariff rates that was highest in history; set tax increases ranging from 31% to 49% on foreign imports
Debt Moratorium
A suspension on the payment of international debts
Farm Board
Created in 1929 before the crash but supported and enacted to meet the economic crisis and help farmers. Authorized to help farmers stabilize prices by temporarily holding surplus grain and cotton in storage.
Reconstruction Finance Corporation
A federally funded, govt owned corporation created by Congress in 1932 as a measure for propping up faltering railroads, banks, life insurance companies, and other financial situations.
Bonus March (1932)
A march of 1000 unemployed veterans who were soon joined by many others to demand immediate payment of the bonuses promised them at a later date.
Franklin D Roosevelt
The Democratic nominee for the election of 1932, the worst year of the depression; he pledged a "new deal" for the American people, the repeal of Prohibition, aid for the unemployed, and cuts in govt spending.
Eleanor Roosevelt
teddy Roosevelt's niece, who was married to FDR.
Twentieth Amendment
Passed in Feb 1933 and ratified in oct 1933 this amendment shortened the period between presidential election and inauguration.
First New Deal
Established to serve the "three Rs" Relief for the people out of work, Recovery for business and the economy as a whole, and Reform of American economic institutions
Relief, Recovery, Reform
the three Rs of the FDR's New Deal
Brain Trust
A group of university professors whom Roosevelt turned to for advice on economic matters
Frances Perkins
FDR's secretary of labour, the first woman ever to serve in a president's cabinet
Hundred Days
During this period, Congress passed into law every request of FDR, enacting more legislation than any single congress in history.
Bank Holiday
The president ordered this on March 6, 1933 to restore confidence in all the banks that were being closed due to the Great Depression
Repeal of Prohibition
FDR kept his campaign promise and repealed the prohibtion of alcohol with the twenty-first amendment which nullified amendment 18
Fireside Chats
FDR's radio shows to ensure the public. :)
Federal Deposit Insurance Corporation
Guaranteed individual bank deposits up to 5000 dollars
Public Works Administration
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Harold Ickes
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Civilian Conservation Corps
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Tennessee Valley Authority
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National Recovery Administration
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Schechter v. US
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Securities and Exchange Commission
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Federal Housing Administration
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Second New Deal
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Works Progress Administration
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Second New Deal
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Works Progress Administration
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Harry Hopkins
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Nation Labour Relations (Wagner) Act (1935)
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Social Security Act (1935)
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Father Charles Coughlin
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Francis Townsend
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Huey Long
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Supreme Court Reorganization Plan
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Congress of Industrial Organizations
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John L Lewis
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Sit-Down Strike
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Fair Labour Standards Act (1938)
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New Democratic Coalition
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John Maynard Keynes
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Depression Mentality
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Drough; Dust Bowl; Okies
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John Steinbeck, The Grapes of Wrath
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Mariah Anderson
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Mary McLeod Bethune
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Fair Employment Practices Committee
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A. Philip Randolph
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Indian Reorganization (Wheeler Howard) Act (1934)
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