Causes of the Depression
Where people can buy pieces of companies, called shares
Stock market
Name given to homeless encampments during the Depression
Hoovervilles
Record levels of this led the US government to try to provide jobs to Americans
Unemployment
New Deal programs related to recovery were mostly aimed at helping...
Businesses
The very first action Roosevelt took related to the banks when he became president
Closed all of the banks for several days (bank holiday)
It means buying stocks with borrowed money
Buying on margin
It was a period of drought that resulted in massive dust storms in the great plains (stupid rectangle) states
The Dust Bowl
This agency still exists and provided unemployment insurance and payments for elderly and disabled people
Social Security Administration
The FHA and the HOLC programs helped Americans get access to what?
Housing
The FDIC still exists today, and provides what to Americans?
Insurance on their bank deposits
The president of the United States during the Great Depression
Herbert Hoover
Man who was elected president during the Great Depression
Franklin Roosevelt
The government agency that employed men to build roads, schools, hospitals, and other needed infrastructure
Works Progress Administration (WPA)
(will accept Public Works Administration)
This agency still exists and provides insurance for home loans.
Federal Housing Administration (FHA)
This agency, still in existence today, regulates the stock market and shares its acronym with a college football conference
Securities and Exchange Commission (SEC)
It's what happened when people heard that banks were running out of money and going out of business
Bank runs
Places where hungry people would go and volunteers would provide them something to eat and drink
Soup kitchens
The agency that employed unmarried young men to plant trees, fight fires, and build national parks
Civilian Conservation Corps (CCC)
The New Deal program that aimed to raise crop prices and farmer income by paying them to reduce production
Agricultural Adjustment Act (AAA)
The National Labor Relations Board ensures Americans right to do what?
The month and year that the stock market crashed
October 1927
WWI soldiers who went to Washington DC to get promised payments from the government; the president sent the military to burn their camp to the ground
Agency that made grants to states to distribute for relief
Federal Emergency Relief Administration (FERA)
This agency, still in existence today, provided electricity to impoverished southern states (and its acronym featured on the television show LOKI)
Tennessee Valley Authority (TVA)
50%