Chapter 9&10 Vocab
Fireside Chats
When many depositors decide to withdraw their money at one time
Bank Run
A homeless and usually penniless wanderer
Hoboes
After losing the election of 1920, Roosevelt temporarily withdrew from politics, the next year he caught the dreaded paralyzing disease known as...
Polio
If Roosevelt's bill to increase the number of justices and allow the president to appoint an additional justice who had served 10 years did not retire within six months of reaching age 70, how many justices would he have been able to appoint?
DAILY DOUBLE
6 New Justices
A serial drama on television or radio using melodramatic situations
Companies making more goods than people can buy, causing a decrease in sales
Overproduction
The group of World War I veterans who marched on Washington in 1932 was called the
Bonus Army/Marchers
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression, was called
The Hundred Days
Which figure in the Roosevelt administration was most active in bringing African Americans and women into the New Deal coalition?
First Lady Eleanor Roosevelt
A long period of rising stock prices
Bull Market
If they remain too low, banks make risky loans and companies expand too much
Interest Rates
During the Depression, many people were able to enjoy which two popular forms of entertainment?
DAILY DOUBLE
Movies and Radio
Union organizing tactic in which employees stopped work inside a factory and refused to leave
Sit-Down Strike
Something that provides security against misfortune; specifically, government relief programs intended to protect against economic disaster
Safety Net
The act of a leader to change the political balance of power in a nation's judiciary system by appointing judges who will rule in favor of his or her policies
Court-Packing
The stock market took its steepest dive on October 29, 1929, the day now known as
Black Tuesday
During the Depression, charities set up ___________________ to give poor people meals
Soup Kitchens
Law providing modest payments to older Americans and the unemployed
Social Security Act
Role of the government to work out conflicts among competing interest groups
Broker State
Government practice of spending borrowed money rather than raising taxes, usually in an attempt to boost the economy
Deficit Spending
High tariffs placed on imports by the ________-_______ tariff caused foreign exporters to raise their tariffs, resulting in fewer products being sold overseas, raising the average tariff rate to the highest level in American history
Hawley-Smoot Tariff
When their land was mortgaged and turned over to the banks, these penniless families began moving West from Oklahoma to California, hoping for a better life... what were these migrants known as?
Okies
Considered the most highly praised New Deal work relief program, offering unemployed men 18-25 years old, the opportunity to work under the direction of the forestry service planting trees, fighting forest fires, and building reservoirs
Civilian Conservation Corps (CCC)
Economic theory states that government should spend heavily in a recession to jump-start the economy
Keynesianism