Great Depression
The main causes that led up to the great depression
What are consumer debt, oversupply/overproduction, farmer debt?
causes of the dust bowl
high winds, inexperienced farmers ripping out grass, increased technology made dirt more dusty, drought
National Industrial Recovery Act
required to write "codes" that included fixed prices, fixed wages, and production quotas. gave employees tight to organize/bargain(couldn't be required)
Federal Surplus Commodities Corporation
oversupply of agricultureal good, "slaughter of the innocents" gov. borugh surplus commodities from farmer to distribut to low-income families
Civilian Conservation Corps (CCC)
Young single men to enlist in work programs to improve public lands, forests, and parks. provided meals, money, lodging, education
the official "beginning" of the great depression
What is the Stock Market Crash of 1929?
what women employment in great depression was like
many more women gained jobs in things like nursing, teaching,etc. jobs that wouldn't be lost or suffered from overproduction. (more hired due to less pay for women)
Schechter Poultry Corp. vs. U.S.
congress argued they didn't break the commerce cause due to many cases of "in the agregate"
Social Securit Act
proved moentary benefits for elderly, funds for blind, dependent/crippled children, maternal/child welfar, public health, unemployment compensation laws
National Youth Administration
Due to high adolescent hobos, the NYA provided work/ education for YM and yw 16-25 years old. youth who lacked proper medical care for economic reasons receive it through NYA
when people took money out of bank and how Hoover responded
The Bank Runs and the Bank Holiday
the president that overtook hoover
Who is Franklin D. Roosevelt (FDR)
Federal Credit Unions
owned by member, weren't there for the profit
National Labor Relations Act (Wagner Act)
guarenteed workers right to collectively bargain, union elections certied by board, based on majority. outlawed strike-breaking and discriminatory firings
Public Works Administration/Works Progress Administration
construction that build schools, hospitals, storm drains, sewer lines, bridges, airfield, milkes of roads. WPA created one style of architecture
what speculation is and what it did
What is is reckless pouring of money into stocks and the market underwent rapid epansion. stock prices higher than actual value
The 3 R's.
What is Relief (for unemployed), Recovery9of economy through federal spending/job creation, Reform(regulatory legislation, creation of new soical welfare programs)
Glass-Steagall Banking Act
seperated commercial banking from investment banking, created the Federal Deposit Insurance-Corporation (FDIC) which protected money in event of bank failure, insured at least $250,000
Fair Labor Standards Act
minimum wage $0.25 per hour ($5.73 in 2026). overtime pay>40 hours a week. banned/regulated child labor
Rural Electrification Administration
federal gov. made low-cost loans to farmers who banded together to create non-profit cooperatives to get electricityh to their lands
signs of the great depression
mild recession, production delcine, unemployment rose, falling food prices due to droughts
The Emergency Banking Act
divided banks into 4 categories to help reopen banks that were solvent and assit those that weren't
Securities act and SEcurities Excahnge Act
Gold Reserve Act
provide transparency for those buying stock/shares
Gold transferred/returned to U.S. treasury due to hoarding gold and shortage of cash in circulation
Fireside Chats
Roosevelt addressed Americans in 30 speeches via radio. praised the "fortitude and good temper" of the people during the banking holiday