Executive Branch
I was the President of the United States at the start of the Great Depression
Herbert Hoover
While the New Deal was successful America would not fully break out of the Great Depression until:
World War II (1941)
CCC
Civilian Conservation Corps
Provided employment to young American men, planted trees, worked on conservation of state and national parks.
In the early 20's there will be a slight recession due to troops returning home to the work force, and factories switching from wartime to consumer based products, this is known as:
Demobilization
The Stock Market Collapse of 1929 was also known as:
Black Tuesday
FDR's economic policy included the (3) R's
What were they?
Relief
Recovery
Reform
I was an individual who came up with a pension plan that would offer Americans over 60y/o a $200/ monthly stipend to generate economic growth & free up employment opportunities to younger Americans:
Francis Townsend
I helped build 21 dams over 7 states, providing jobs and electricty to middle America.
TVA: Tennessee Valley Authority
(2) Positive impacts the Henry Ford had to the U.S. economy:
Cars, Automobiles
($5/ a day)
40-Hour work week
Assembly Line
Liberal Elites, Southern Conservative Democrats & Northern Labor workers would all unite in congress to support FDR's economic respone to the great depression as what unified force?
"New Deal Coalition"
"Rugged Individualism"
I was a Louisiana Gov. who promised the "Share the Wealth" program which taxed the wealthy and provided $5,000 a year to each American family. Unfortunately my assassination in 1935 prevented a Presidential Campaign.
Huey Long
I helped farmers by regulating sales and preventing surplus.
Deemed Unconstitutional and later re-adjusted
AAA
Agricultural Adjustment Act
Agricultural Adjustment Administration**
If I dont have the $$$ now, I can always use this method of payment which allowed me to pay the money back later with interest
Credit
Causes of the Dust Bowl (1930): (2)
High Winds
Over farming
Drought
New Machinery
Hoover will "kick out" and arrest members of a group of Veterans protesting for their promised war bonuses early: what was this group of Americans known as?
What is: The Bonus Army
The Supreme Court would deem several New Deal policies unconstitutional but most notably what (2) Alphabet agencies were stopped because of FDR overextending Federal Authority.
AAA Agricultural Adjustment Act/ Agency/ Admin.
NRA National Recovery Act/ Administration.
I was apart of the (2nd) New Deal and helped provide a "safety net" to unemployed, retired Americans. Still impactful today:
Social Security Act. (1935)
Buying on Margin
When I take out a loan from a bank and only pay for a fraction of the stock speculating the stock price will increase
It's not what you know, but who you know: what was the nickname given to FDR's group of advisors, professors, and economic experts tasked with studying the causes and effects of the Great Depression.
The "Brain Trust"
How did FDR prove his proactive attitude towards addressing the Great Depression
By enacting several "New Deal" agencies and policies in his 'First 100' days.
Between 1937-1938 America would suffer another economic setback known as the Roosevelt Depression. The main causes could be attributed to:
*Reduction in Govt. Spending trying to balance the budget.
*Lack of consumer spending from social security Taxes
* The Federal Reserve instructing banks to hold cash reserves=less loans
During his first 100 days, Roosevelt will close down a certain American industry to allow them time to re-organize and restabilize in what was known as:
Bank Holiday
The Republican Presidents of the 1920's would implement what (2) tariffs which led to decrease in international trade:
(1922),(1930)
Fordney-McCumber Tariff
Smoot-Hawley Tariff
This New Deal policy regulated banks and prevented your savings from being used on risky investments
Glass-Steagall Act