CCC
Relief
Poor Crops (boll wevil), Jim Crow Laws, not allowed to vote, poor education
In what year did the Stock Market Crash?
1929
Asked businesses to keep a minimum wage and other business practices
National Recovery Administration
Finish the line "the only thing we have...
"to fear is fear itself"
FDIC
Reform
Define Nativism
belief that immigrants are inferior to native born Americans
How did overproduction lead to the Depression?
Companies had too much product, could not sell it and had to lay off workers
Social Security
What major public work is Hoover famous for?
Hoover Dam
SS
Reform
What was the Harlem Renaissance?
Rebirth of African American culture (music, dance, literature)
How did other countries contribute to our depression?
They restricted trade because we restricted trade- therefore we did not have anyone to trade with
Built dams and hydroelectric plants to supply electricity to rural areas
Tennessee Valley Authority
What was Roosevelt's Plan called?
The New Deal
AAA
Recovery
List 3 ways the standard of living improved in the 1920s
how could someone that did not invest in the stock market lose their money BECAUSE of the stock market crash?
Banks loaned on margin and could not collect when stock investors lost everything
Sets rules for trading in the Stock Market
Securities and Exchange Commission
What was the Reconstruction Finance Corporation?
Plan to give money to businesses
PWA
Recovery
Why were people in debt in the 1920s?
buying on credit/installment buying all of the new manufactured goods (car, radio, fridge, etc)
What does the FED do when unemployment is high?
Lower interest rate
Guarantees bank deposits even if the bank closes
Federal Deposit Insurance Corporation
List 3 plans Hoover had and why didn't they work?
Let charities do handouts, Reconstruction Finance Corp, More public projects