One reason the Stock Market crashed was that people were buying stocks in a special way, so they paid for only a small percentage of the stock upfront. What was this method of buying called?
Buying on credit, on margin
100
PWA- Public Works Activists?
No, Public Works Administration (Act)- gave out public works jobs
100
The New Deal was based on fulfilling the Three R's, which were what?
Relief, Recovery, Reform
100
What is known as one of the most successful New Deal programs for providing electricity to a certain region of the country?
The Tennessee Valley Authority (TVA)
100
Who didn't like FDR and called for nationalization of US banks (and blamed all problems on Jews)?
Father Charles Coughlin
200
Overproduction of certain goods, including many crops, led to prices going up, known as what?
Inflation
200
CCC- Crazy Chicken Calls?
nope, Civilian Conservation Corps- gave young men jobs in the west, headed by the War Department
200
The Glass-Steagle Banking Reform Act was important because it created the FDIC, which does what?
Insures bank deposits of up to a certain amount of money
200
US v. Butler declared what new deal agency unconstitutional?
The First AAA
200
Who didn't like FDR and proposed a monthly pension plan for seniors? They had to use all of the money during the month.
Dr. Francis E. Townshend
300
Another reason for the Crash was an uneven distribution of income. What famous "Senator" proposed a solution to this problem, known as the "Share Our Wealth" program?
Senator Huey Long
300
WPA- Whales Punch Alex?
No, Works Progress Administration - created public works jobs such as buildings
300
One of the first New Deal legislations, what act created the Federal Emergency Relief Administration to bring people back to work?
The Federal Emergency Relief Act
300
How did FDR react to the Court declaring his legislation unconstitutional?
Judiciary Reorganization Bill of 1937, add 6 justices
300
No one really liked this guy, especially the Bonus Army, which marched on his house...who is seen as one of the worst Presidents in history?
Hoover
400
Another reason for the fall of the economy was the unstable banking system. To fix this, Roosevelt called for a Bank Holiday and ultimately passed what Act?
The Emergency Banking Relief Act
400
SEC- South East Conference
No, Securities and Exchange Commision- regulated the stock market
400
What act (has 2 names) protected the rights of workers to organize unions, strikes, and collectively bargain?
National Labor Relations Act (Wagner Act)
400
What Recovery Act created a set of laws to regulate business and promote fair competition?
National Industrial Recovery Act (NIRA)
400
Many people don't like what concept today, and it had its opposition during the New Deal Era too? Paid money to elderly...
Social Security
500
To stop overproduction, a major problem of the economy, Roosevelt got what act passed to encourage farmers to stop growing?
Agricultural Adjustment Act (AAA)
500
HOLC- Haters Own Little Cars?
no, Home Owner's Loan Corporation- refinanced mortgages, prevented foreclosures
500
The Fair Labor Standards Act established what?
MINIMUM WAGE
500
Schechter Poultry Corp. v. US made what act/administration unconstitutional?
NIRA
500
Who, even after the Great Depression began, was against government involvement into politics, and was hated by many Democrats?