Chapter 14 Great Depression

New Deal
The _____ was Roosevelt's plan for getting out of the Depression (relief, recovery, and reform).
What FDR said we should fear.
The 1st _______ days Roosevelt was in office. This was a time of many new programs to try to improve the economy.
Bank Holiday
______ ______- time when Roosevelt closed all U.S. banks to see if the banks were financially healthy. He wanted to restore confidence in the banking system.
The _____ insured bank deposits up to $2,500 initially. Abbreviation
The _____ regulated the stock market.Abbreviation
Roosevelt's relief organization called _____ which helped people find jobs.Abbreviation
Public works programs
_____ were government-funded projects to build public facilities.
The _____ employed 4 million workers to build roads, parks, airports, and other facilities.Abbreviation
The _____ put _2.5_ million young, unmarried men to work maintaining forests, beaches, and parks.Abbreviation
The _____ was created to improve housing standards and conditions and to insure mortgages (loans).Abbreviation
The _____ raised farm prices by paying subsidies or government financial assistance to farmers who cut production of certain crops.Abbreviation
The _____ provided cheap electric power, flood control, and recreational opportunities to the entire Tennessee Valley. Abbreviation
Brain trust
_____- informal group of intellectuals who were FDR's advisers.
Frances Perkins
President Roosevelt appointed the 1st woman cabinet member when he appointed _____ as Sec. of Labor.
Eleanor Roosevelt
Her husband's greatest adviser who worked for woman's rights.
Some "New Deal" legislation failed and the Supreme Court said the _____ was unconstitutional.Abbreviation
Second New Deal
The _____ went into effect. This caused more social welfare, benefits, stricter control over business, stronger support for unions, and higher taxes on the rich.
Social Security
The _____ _________ Act provided a national pension for the retired, disabled, and the unemployed was passed in 1935.
Alfred Landon
Roosevelt won re-election in 1936 when he defeated _____, the Republican, by a landslide.
Huey Long; 1$; $5
_____ was another demagogue. He wanted to limit individual income to __ million and inheritance to __ million and then redistribute the wealth.
Supreme Court
Roosevelt lost some popularity by trying to pack the _______ ________with liberal justices by raising the number of justices in office. He was later forced to drop the idea when the Republican and southern Democrats sided together.
_____- a period of slow business activity.
Union membership rose about 7.5 million people during the Depression and by 1935 some __ of Americans were unionized.
The Supreme Court eventually declared some of the New Deal Programs _____.
__________became a major source of entertainment during the Depression where people gathered around them for fireside chats, shows, and soaps.
The _____ provided numerous jobs for unemployed artists, musicians, historians, theater people, and writers.Abbreviation
This program protected investors.Abbreviation
shanty-towns that housed many who had lost everything. Shelters were built of old boxes and other discards.
Red Cross
Clara Barton founded this relief organization in in 1881 that assisted people during the Great Depression.
One of the causes of the Great Depression where an investment that is very risky but could yield great profits
Black Tuesday
October 29, 1929; the day the stock market crashed. Lead to the Panic of 1929
bull market
a market characterized by rising prices for securities
bear market
a market characterized by falling prices for securities
Buying on ________ means purchasing stocks on credit with a loan from a banker.
Great Depression
a severe, world wide economic crisis which lasted from the end of 1929 to the outbreak of World War II.
President that initially believed in a hands off approach in dealing with the depression.
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.
Bonus Army
Group of WWI vets. that marched to D.C. in 1932 to demand the immediate payment of their government war bonuses in cash
fireside chats
informal talks given by FDR over the radio; sat by White House fireplace; gained the confidence of the people
Fair Labor Standards Act
Sets minimum wage, requires over-time pay for time worked over 40 hours, and restricts the employment of minors.
migrants from Oklahoma to California during the dust bowl
Lou Gehrig
____ _____ said the following: "Fans, for the past two weeks you have been reading about a bad break I got. Yet today, I consider myself the luckiest man on the face of the earth."
Jesse Owens
African American who won 4 gold medals at the Olympic games in Germany in 1936.
These radio shows like the Guiding Light became popular during the 1930's and were named after their original advertising sponsors.