The Great Depression~test Flashcards

Terms Definitions
lame duck
Unemployment rate in 1933
hoovers response
RFC reconstruction finance corporation
NCC national credit corporation
Emergency relife and construction act
public works project: hoover dam
Work Progress Administration: Massive work relief program funded projects ranging from construction to acting; disbanded by FDR during WWII
Period of very dry weather.
John Steinbeck
wrote the "Grapes of Wrath."
Father Divine
Harlem evangelist opened soup kitchens, fed thousands a day
word relief
giving the needy goverment jobs
highly infectious disease that causes inflammation of the nerve cells of the brain stem and spinal cord, leading to paralysis
Monkey Trial
Biology Teacher John T. Scopes indicted for teaching evolution. Was defended by nationally known attorneys while W.J. Bryan appeared foolish for being the prosecutor. Bryan died 5 days after the trial. Scopes was found guilty and fined $100 but Tennessee court set aside the fine on a technicality.
the farmers, who in the Great Depression, were forced to move, many moved to Oklahoma
Hundred Days
Special session of Congress that Roosevelt called in 1933 to launch his New Deal programs. The special session lasted about three months: 100 days. Increased the level of federal involvement in the nation's economy
Alphabet soup-
no one could keep it straight
social security act
guaranteed retirement payments for enrolled workers beginning at age 65; set up federal-state system of unemployment insurance and care for dependent mothers and children, the handicapped, and public health
Welfare Capitalism
System where companies supply benefits to workers to promote worker satisfaction and loyalty.
Herbert Hoover
president of the U.S from 1923-1933 leader of the US in the beginning of the great depression. He didn't want the gov involved in the peoples lives and thought that the people should express their individual rights.
welfare state
a nation or government which assumes the primary responsibility for the well-being and prosperity of it's citizens
Installment plan
buying on credit and making monthly payments.
status symbol
a possession thought to reflect a person's wealth, prestige, or superior position in society
New Deal
the historic period (1933-1940) in the U.S. during which President Franklin Roosevelt's economic policies were implemented
Social Security System
Provided old age pensions, disability payments, and unemployment benefits
National Recovery Administration
Designed to assist industry, labor, and the unemployed. The administration made a maximum amount of hours of labor, minimum wages, and gave labor union members the right to choose their own representatives.
Eleanor Roosevelt
FDR's wife an unofficial advisor too. she traveled around the world to report her findings of our country to her husband since he couldn't travel easily due to the Polio
Name the person elected president of the USA in 1928 and who was balmed for the Great Depression in America.
Herbert Hoover
Great Depression
worst period of economic decline in united States history, beginning in 1929
a regular payment to a person that iis intended to allow them to subsist without working
"Fireside Chats"
30 radio speeches given by FDR, called that because he spoke from a chair near the fireplace in the White House. Families gathered in homes to hear him talk and felt he understood their problems.
roaring twenties
a time in the twenties when fashion and technology changed tremendously
black Tuesday
October 29, 1929; the day the stock market collapsed, leading to the Panic of 1929
Dust Bowl-
when crops started to fail and dust from dirt flew all the way across a certain part of the country.
The Hundred Days
during these 100 days Congress passed more than 15 major pieces of New Deal legislation; allowed the federal gov't to become more apart of the nation's economy
the Neutrality Acts
In an effort to avoid conflict, Congress passed a set of acts, designed to continue America's trade with its world partners but prohibit the president from taking sides in the mounting European crisis. They were called:
Tennessee valley authority (TVA)
New Deal Program created to control flooding, conserve oil, and bring hydroelectric power to the mid-south
Laissez faire
A policy based on the idea that the government should play as small a role as possible in the economy.
Dow Jones Ind. Average
Most widely used barometer of the stock markets health
Federal Deposit Insurance Corporation [FDIC]
Insured bank deposits up to $5,000
c)Civilian Conservation Corps
All of the following New Deal agencies still endure today except the:
Tennessee Valley Authority
Federal Deposit Insurance Corporation
Civilian Conservation Corps
Securities and Exchange Commission
During the 1920s, farmers' income . . .
declined due to overproduction
Securities and Exchange Commission (SEC)
a law regulating the sale of stocks and bonds, in 1934 the law gave the SEC the power to punish dishonest stockbrokers and speculators
Federal Emergency Relief Administration (FERA)
to give money to the states for use in helping people in need
What is the best description of the Great Depression?
It was a period of high unemployment rates.
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