74 terms

APUSH ch 26

stock market
place where people buy and sell shares of money-making companies
bull market (boom)
when the stock market is increasing
bear market (bust, recession)
when stock market is decreasing
3 recessions
relief, recovery, reform
roosevelts 3 main program ideas
bank holiday
declared so panic of banks would stop
emergency banking act
closed weak banks and only opened strong ones
gave immediate cash help to those that needed it
taxed food processors and gave the money to farmers for not growing food
group of businesses organized by the gov and given power to set rules and regulations for the economy
home owners loan corp
gave loans to homeowners to prevent homelessness and bank closings
permanent agency to insure depositors money in savings banks
permanent agency to monitor stock market activity and to stop fraud
permanent agency designed to ensure money for elderly to survive
provided temorary road and bridge building jobs
temporary jobs to unmarried adults in helping with disaster relief
provided long term gov jobs and other public works
agency to build dams
Wagner Act (NLRA/NLRB)
helped unions and workers. made sure buisness practices were fair
soil conservation act
mandated proper soil maintence to prevent another dust bowl
fair labor standards act
min wage
federal securities act
full disclosure of information related to new stock issues
national employment system act
us employment service
home owners refinancing act
use of gov bonts to guarantee mortgages
banking act
guaranteed satety of bank deposits
national industrial recovery act
min wage and self regulation, ended 1935
public works admin
appropriated funds for fed projects
security and exchange act
fed regulation of stock exchange
national housing act (communications act)
fed housing admin insured loans of private banks and trust companies for construction of homes
national housing act
construction of low cost public housing and slum clearance
resettlement admin
built new model communities for low income city workers
rural electrification admin
administered program of bringing electricity to farms
national labor relations act
encouraged collective bargaining and formation of unions
black thursday
day price of stock faltered causing inventors to sell causing a panic and prices to drop
black tuesday
the day the stock market crashed
great depression
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
dow jones industries
top 30 buisnesses
margin buying
brokers loaned money so people could buy stock
hawley smith tariff
highest tariff in us history
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
bonus army
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.
hoover blankets
Newspapers that homeless people used to cover themselves
rugged individualism
hoovers believe that individuals can provide for themselves, limited gov help
president: rich only child, good convincer, superficial, solidified democratic party, new deal, helped survival but didnt help in long term
100 days
first days of roosevelts first term, 15 pieces of reform
harry hopkins
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
francis townsend
physician that made the townsend plan that everyone over 60 gets $200 per month that must be spent within 30 days
huey long
senator from LA who wanted share the wealth program to take money from the rich and give to the poor
Dust bowl refugees
dust bowl
major great plains dust storms
new union for unskilled labor lead by john lewis
eleanor roosevlet
spoke against racial injustice
black cabinet
AA members of the gov like William Hastie and Mary Bethune
john collier
head of indian affairs, funded reservation education, supported handiwork
indian reorganization act
encouraged tribal unity
liberty league
wealthy industrialist party against the new deal
alfred landon
republican opponent of roosevelt's 1936 election
court-packing sheme
roosevelt wanted to get rid of the 6 oldest court justices who opposed him
andrew mellon
sec of treasury under harding, lower taxes especially for the rich
republican president after harding, helped buisnesses, did little, good term though
douglas macarthur
American general, who commanded allied troops in the Pacific during World War II.
francis perkins
Roosevelt's Secretary of Labor and first woman cabinet member in U.S. history.
john dillinger
Famous bank robber in 1930s.
brain trust
Group of expert policy advisers who worked with FDR in the 1930s to end the great depression
federal reserve policies
slowed the growth of money supply to curb stock market speculation
buisness cycle
fluctuations in economic activity, such as employment an production
fireside chats
The informal radio conversations Roosevelt had with the people to keep spirits up.
the sum of all goods and services produced in a nation in a year
emergency banking act, FERA, CCC
3 examples of relief
3 examples of recovery
SS, Wagner Act, Soil conservation
3 examples of reform