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group of businesses organized by the gov and given power to set rules and regulations for the economy
national housing act (communications act)
fed housing admin insured loans of private banks and trust companies for construction of homes
day price of stock faltered causing inventors to sell causing a panic and prices to drop
a severe, world wide economic crisis which lasted from the October 29 1929 to the outbreak of World War II
uneven distribution of income, easy credit, imbalance in foreign trade, mechanization of industry
4 reasons for great depression
president: didnt take action, believed in volunteerism, didnt see it as the gov place to step in, helped buisness more than public, ordered bonus army out, uneffective overall
WWI veterans demanding their bonus, went to DC to protest, huge amount, violently kicked out
shanty-towns that housed many who had lost everything. Shelters were built of old boxes and other discards.
president: rich only child, good convincer, superficial, solidified democratic party, new deal, helped survival but didnt help in long term
A New York social worker who headed the Federal Emergency Relief Administration and Civil Works Administration
father charles cougin
catholic priest that didnt like the new deal, gounded the national union for social justice
physician that made the townsend plan that everyone over 60 gets $200 per month that must be spent within 30 days
senator from LA who wanted share the wealth program to take money from the rich and give to the poor
Group of expert policy advisers who worked with FDR in the 1930s to end the great depression
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