Name of homeless towns that people moved to after they were evicted from their apartments.
Hoovervilles.
The law assisting older Americans and the unemployed.
What is Social Security Act?
The amendment that got rid of prohibition (the 18th amendment)
What is the 21st Amendment?
A period of low economic growth, higher unemployment, and less spending.
Recession
There was not one main cause of the depression but this event signaled that the country's economy was in trouble.
Stock Market Crash of 1929
Large dust storms in the southwest region of the United States lasting for days with no end in sight.
The Dust Bowl
Emptying a bank out of all the money it has and forcing the bank to close.
Bank Run
Roosevelt's method of speaking directly to the people, explaining new laws, changes to the country, and informing people of what they can do to help ease the Great Depression.
What is Fireside Chats?
What critic of the new deal proposed that we "split the wealth"?
Huey Long, gov. of Louisiana
The first female Labor Secretary who helped give workers a 40 hour work week, better conditions, and a minimum wage.
Who is Francis Perkins?
Group of veterans that marched on Washington DC to protest and demand their bonuses that they were promised for serving in WWI.
Bonus Army
What are the 3 R's of The New Deal
Relief, recovery, reform.
A policy which stated banks have to insure customer deposits up to $2,500, even after a economic crash.
What is the FDIC?
When stock brokers demand payment on loans used to buy stocks.
Margin Call
A government corporation administered by the United States Federal Government between 1932 and 1957 that provided financial support to state and local governments and made loans to banks, railroads, mortgage associations, and other businesses.
Reconstruction Finance Corporation
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet an economic crisis.
What is the First Hundred Days?
A law that gave workers the right to form unions so they could fight for better wages and working conditions.
What is the National Labor Relations Act?
A law that took the country off the gold standard, increasing the value of the dollar.
What is the Emergency Banking Act?
Buying stocks on a loan with hopes that the market will never go down.
Buying stocks on margin.