Business Cycle
New Deal Programs
Vocabulary
FDR vs. Hoover
Money, Money, Money
100
The 1st step in the business cycle (up)?
What is prosperity
100
Provided flood control and electricity generation for Tennessee area
What is the TVA (Tenessee Valley Authority)?
100
Shanty towns also known as this.
What are Hoovervilles?
100
Started the New Deal
Who is FDR?
100
Banking Act of 1935 created this.
What is FDIC?
200
The 2nd step in the business cycle (down)
What is recession?
200
Paid farmers who agreed to reduce production of basic crops.
What is AAA
200
Known also as transient people.
What are migrant workers?
200
Shantytown nicknamed after him?
Who is Hoover?
200
Provided money to the elderly in the form of old age pensions
What is social security?
300
The 3rd step in the business cycle (bottom)
What is depression?
300
Provided jobs at national parks to unemployed men during the depression
What is the CCC (Civilian Conservation Corps)?
300
Guessing about the value of stock
What is speculation?
300
Perceived as a man of action.
Who is FDR?
300
Senator Huey Long advocated for this plan.
What is "share-the-wealth" plan?
400
The last step in business cycle (up again)
What is recovery?
400
Gave jobs to unemployed people to carry out work projects including construction of public buildings
What is the WPA?
400
Wanted immediate cash payment for their certificates they earned during WW1
What is the Bonus Army?
400
Viewed as the 'do nothing" president
Who is Hoover?
400
Radio priest who advocated nationalization of banking and currency
Who is Father Coughlin?
500
The 4 parts of the business cycle
Prosperity, Recession, Depression, Recovery
500
Gave money to states and municipalities to give money, clothes and food to the unemployed.
What is FERA (Federal Emergency Relief Act)?
500
FDR trying to get more justices on the Supreme Court
What is court-packing?
500
Expected the people to rely on private charities and state governments for aid
Who is Herbert Hoover?
500
Give 4 examples of NEW Deal programs.
What is AAA, CCC, WPA and TVA
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