His lack of action during the early years of the Depression would cause many Americans to blame him for the economic crisis
Herbert Hoover
100
This federal program insured bank deposits and increased confidence in banks
FDIC
100
2 or more consecutive quarters of negative economic growth
recession
100
Many Americans withdrew all of their money all at once during these, resulting in the failure of many banks
Bank Runs
100
FDRs regular radio addresses to the nation
Fireside Chats
200
He promised the American people prompt, vigorous action against the Depression, and asserted in his Inaugural Address, "the only thing we have to fear is fear itself."
FDR
200
Agency to protect public and private investors from stock market fraud and deception
Securities and Exchange Commission
200
Economic policy based on the belief that providing aid to big businesses and the wealthy will result in decreased unemployment
trickle down
200
Period of severe drought and crop failure in the Midwest
Dust Bowl
200
In order to increase public confidence in financial institutions, FDR proclaimed this early in his presidency
Bank Holiday
300
FDR was related to this former US president
Theodore Roosevelt
300
This federal program employed young, single males to plant trees, build parks and roads, and fight soil erosion on federal lands.
Civilian Conservation Corps
300
On this day the stock market suffered one of the greatest losses in history when it fell by nearly 12%
Black Tuesday or October 29, 1929
300
Unemployment rate at the height of the Depression
25%
300
This disease left FDR paralyzed from the waist down
polio
400
Economist who argued for massive government spending as a means of ending the depression
John Maynard Keynes
400
Established a national pension fund for retirees, the unemployed, people with disabilities, and families with dependent children.
Social Security Administration
400
When more goods are produced than can be consumed
overproduction
400
Roosevelt’s “New Deal” was based on these three goals:
Relief, Recovery, Reform
400
These temporary shantytowns emerged on the outskirts of major US cities, like Seattle, during the Depression.
Hoovervilles
500
Group of WWI veterans who marched to Washington in 1932 asking to receive their pension bonuses early
Bonus Army
500
This federal program spent over $4 billion on construction projects including public buildings, highways, bridges, and dams.
Public Works Administration
500
taking risks on the stock market by purchasing stock in the hopes of selling it later at an inflated price
speculation
500
practice of using borrowed money to pay for up to 90% of the purchase price of stock
Buying on Margin
500
The first few months of FDR’s presidency, during which time he issued a national bank holiday and persuaded Congress to pass 15 major pieces of New Deal legislation to fight the Depression, is commonly referred to as: