Causes
Financial center where value of publicly owned companies in the US are determined. The crash of this was one of the major causes of the Great Depression.
What is the Stock Market?
Shantytowns people moved into during the Great Depression.
What are Hoovervilles?
Provides the security for the elderly and disabled workers. Paid for by payroll deductions.
Provided outdoors jobs to young men 18-25. Fought forest fires, worked in parks...........
What is the Civilian Conservation Corps? (CCC)
Elected President in 1932 promising Americans a "New Deal"?
Who is Franklin D. Roosevelt? (FDR)
A French term meaning hands off. This is how the government viewed the economy in the 1920s.
What is Laissez-Faire?
Who are Hobos?
Brought electricity and flood control to the south.
What is the Tennessee Valley Authority? (TVA)
Government gave farmers subsidy payments to produce less so prices would increase
What is the Agricultural Adjustment Act?(AAA)
Republican President defeated by FDR in 1932.
Who is Herbert Hoover?
Purchasing stocks for as little as 10% of there actual value.
What is Buying on Margin?
WWI veterans who marched on Washington to demand promised bonus which were to be received in 1945. Led to violence
What is the Bonus Army?
Insured bank accounts.
What is the Federal Deposit Insurance Corporation? (FDIC)
Government hired former artists to build the nations infrastructure, produce plays, artwork, ...........
What is the Works Progress Administration?(WPA)
A HUGE fan of Laissez-Faire politics, encouraged "rugged individualism," had the bonus army ran out of DC by force
Who is Herbert Hoover?
A tax on imported goods. The Hawley Smoot_______________ was a cause of the worsening of the Depression.
What are Tariffs?
What is the Dust Bowl?
Set a minimum wage and maximum hours
What is the Fair Labor Standards Act?
Government gave subsidies to companies who allowed them to set prices and provide fairness to industry.
What is the National Recovery Administration?(NRA)
Threatened to "pack the court" to get New Deal legislation passed, elected President 4 times
Who is FDR?
Producing more items than are being sold on the current market.
What us overproduction?
The slain term given to the Dust Bowl refuges who tried to settle mainly in California.
Who were the Okies?
Gave the government the Authority to regulate the stock market.
What is the Securities and Exchange Commission?(SEC)
The 3 basic goals or areas FDR wanted to provide with his New Deal Programs.
What is Relief, Recovery, and Reform.
Louisiana politician who wanted FDR to use a more aggressive equal distribution of wealth plan to aid the economy during the Depression.
Who is "Kingfish" Huey Long?