Stock Shock!
Buying stocks with borrowed money
What is buying stocks on margin?
A New Deal program that gave young men jobs planting trees and building parks
What is the Civilian Conservation Corps (CCC)?
The environmental disaster that devastated farms in the Great Plains
What was the Dust Bowl?
The technology FDR used for his Fireside Chats
What is radio?
This branch of government expanded significantly under FDR’s New Deal
What is the executive branch?
Producing more goods than consumers could afford to buy
What is overproduction?
The New Deal agency that insured bank deposits to restore confidence
What is the Federal Deposit Insurance Corporation (FDIC)?
The naturally occurring condition that made the Dust Bowl worse
What is a drought?
A group of WWI veterans who marched on Washington in 1932
Who were the Bonus Army?
Passage of New Deal legislation saw big increases in spending at this level of government
What is the Federal Government?
This tariff raised taxes on foreign goods and reduced international trade
What is the Smoot-Hawley Tariff?
Signed into law by FDR in 1935, this landmark act was designed to provide a "safety net" for the elderly and unemployed, funded through a newly established payroll tax.
What is the Social Security Act (SSA)?
The state many "Okies" moved to in search of work
What is California?
FDR’s controversial plan to add more justices to the Supreme Court
What was the court-packing plan?
Presidents from this political party lowered taxes, reduced regulations and raised tariffs on overseas goods throughout the 1920s
What is the Republican Party?
The event that marked the most severe day of the 1929 stock market crash and accelerated the Great Depression
What was Black Tuesday?
A program that brought electricity, flood control, and jobs to a very poor part of the USA
What is the Tennessee Valley Authority (TVA)?
The U.S. REGION most affected by the Dust Bowl (don't just give a state)
What are the Great Plains?
The argument that the Federal Government must assume more responsibility for helping the poor was a guiding principle of these NEW economic policies
What was the New Deal?
This 1934 proposal by FDR aimed to control banks more strictly after the economy collapsed, showing how the president could expand power during a crisis - even though it did restore public confidence.
What is the Emergency Banking Act?
This New Deal federal agency requires companies selling their stock to the public to file annual reports and financial statements
What is the Securities and Exchange Commission?
A New Deal agency that paid farmers to reduce crop production
What is the Agricultural Adjustment Administration (AAA)?
These terrifying dust storms of the 1930s were massive dust storms that could block out the sun, destroy crops, and bury farm equipment, forcing families to flee their homes.
What are “black blizzards”?
This unconstitutional program created voluntary codes that set prices, wages, and production. The Blue Eagle approves this statement.
What is the NRA (National Recovery Administration)?
Critics of FDR's attempt to reorganize the Supreme Court worried he was becoming too powerful, but this principle, embedded in the Constitution, kept ultimate authority shared between the president, Congress, and the courts.
What is checks and balances?