This happened on October 29, 1929
What is the Stock Market Crash?
President that promised "a New Deal for the American people"
Who is Franklin Roosevelt?
In regards to money, people did this in the 1920's and it contributed to the great crash.
people spent money they didn't have and went into debt
works progress administration
what does WPA stand for?
this happens when people spend money
the economy becomes stable
Was elected President in 1932
Who is Franklin Roosevelt?
Americans blamed this president for causing The Great Depression
Who is Herbert Hoover?
this happened to farmers as an immediate result of the dust bowl
lost farms and they had to move west
the CCC, WPA, and TVA were part of this program
this happened to 1 in 4 Americans during the Great Depression
what is unemployment?
this led America out of The Great Depression
America preparing for WWll
He had over 8 million followers so many people supported him and his views. Since he had so many followers in the north and midwest, Roosevelt had to pay attention to him because he needed those people to vote for him. He had a big campaign to reject the new deal and was successful
who was Charles Coughlin
people became unemployed and homeless
what effect did the stock market crash have on people?
this agency built dams and generated electricity to a 7 state region
what is TVA?
the New Deal did this for the people
They gave them jobs
Long periods of this in the Great Plains cause severe soil erosion
What is drought?
He was the senator of louisiana. He was the most dangerous opponent that Roosevelt had. He tried to have an alliance with a lot of Roosevelt's opponents.
Who is Huey Long?
this was when companies made more products than people were willing to buy
what is overproduction?
this agency built public highways and buildings and was made to help unemployed people
what is WPA?
this invention allowed FDR to talk to the American people in his "Fireside Chats."
what is a radio
The farming area in the Midwestern U.S that suffered severe drought and farming conditions
what is the Dust Bowl?
They were keen to stop Roosevelt doing anything which might improve conditions for black people or in any way alter the domination of their states by whites.
who were southern democrats in congress?
This was when people would put in 10-20% of their own money, and a broker would pay the rest
What is margin buying?
projects for this agency involved soil conservation and tree planting
what is CCC?
the government established this plan so that Americans would begin to trust banks and deposit money there once again
What is FDIC?