21 terms

The Great Depression and The New Deal

The Great Depression and The New Deal
great depression
the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s
hebert hoover
was the 31st president of the US, promoted partnerships between government and business under the rubric "economic modernization," Hoover tried to combat the ensueing Great Depression with volunteer efforts, none of whice produced economic recovery during his term.
franklin d. roosevelt
President of the US during Great Depression and World War II
john steinbeck
United States writer noted for his novels about agricultural workers (1902-1968)
dorothea lange
United States photographer remembered for her portraits of rural workers during the Depression (1895-1965)
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.
new deal
the historic period (1933-1940) in the U.S. during which President Franklin Roosevelt's economic policies were implemented
shanty-towns that housed many who had lost everything. Shelters were built of old boxes and other discards.
fireside chats
informal talks given by FDR over the radio; sat by White House fireplace; gained the confidence of the people
eleanor roosevelt
wife of Franklin Roosevelt and a strong advocate of human rights (1884-1962)
relief, recovery, reform
These were the categories into which the New Deal was split. Relief defined by the acts implemented in the area of aid to the unemployment. Recovery put forth measures that would help aid in the speedy recovery of areas hit hardest by the depression. Reform tried to recreate areas that seemed faulty
National Recovery
allowed industries to create "codes of fair competition" and set minimum wages and max hours of work for workers.
banking crisis
When individuals and companies lose confidence in the banking system and withdraw their deposits in what is called a 'run on banks.'
Agriculture. Adjustment Acts
payments to farmers who agreed not to grow wheat, corn, tobacco, and other crops so farm prices went up and farmers better off
civilian conservation corps
Relief: (CCC) March 31, 1933; reduced poverty/unemployment, helped young men and families; young men go to rural camps for 6 months to do construction work; $1/day; intended to help youth escape cities; concerned with soil erosion, state/national parks, telephone/power lines; 40 hr weeks
federal reserve
the central bank of the United States
gold standard
a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
fiat money
money that the government declares to be legal tender although it cannot be converted into standard specie
twenty-second amendment
Passed in 1951, the amendment that limits presidents to two terms of office.
schechter poultry v. u.s.
Supreme Court case which declared the NRA (National Recovery Administration) unconstitutional
court-packing plan
President FDR's failed 1937 attempt to increase the number of US Supreme Court Justices from 9 to 15 in order to save his 2nd New Deal programs from constitutional challenges