Vocab
The period of economic hard times in America from 1929 to 1941.
Great Depression
New Deal program that insured savings accounts in banks insured by the government.
FDIC
Which group was suffering economically ($) before the Great Depression began?
Farmers
To boost farm prices, the government paid farmers to?
Destroy surplus crops or not grow them at all.
Unable to pay one's debt.
Bankrupt
Law that set up a system of pensions (retirement funds), unemployment insurance, and money to support dependent children and people with disabilities.
Social Security Act
What things (negative) happened to people during the Great Depression?
-Bankrupt -Families split up
-Unemployed
-Lost home
-Birth rates=down
During the Great Depression, Americans found an escape from their worries in what two entertainment options?
Movies and Radio
October 29, 1929, when Americans sold their stock in panic as the stock market crashed. Known as the beginning of the Great Depression.
Black Tuesday
New Deal program that hired workers to build hospitals, schools, parks, playgrounds, and airports.
Works Progress Administration (WPA)
Area of the Midwest where blinding dust storms carried away dried-out topsoil in terrible storms.
Dust Bowl
What was the spark that started the Great Depression
Stock Market Crash
New Deal
New Deal program that brought flood control and electric power to seven states. It also planted new forests and protected farmland in the area.
Tennessee Valley Authority (TVA)
What were the TWO causes of the Great Depression?
Overproduction + Weak Banks
The first three months FDR was in office, 15 major new laws were passed as part of the New Deal.
Hundred Days
Law that protected American workers from unfair management practices.
Wagner Act