1920s Weaknesses
Factories and farms producing more than consumers can buy.
What is Overproduction?
Panic where people tried to withdraw all their cash at once, causing banks to fail
What is a bank run?
The New Deal "R" that provided immediate aid, like food or money (ex: FERA)
What is Relief?
The period where FDR pushed 15 major bills through Congress.
What is the First 100 Days?
The two primary jobs held by Black and Mexican-American workers.
What are farm laborers and domestic workers?
The opposite of overproduction; when the public is not buying enough of what is being made.
What is Underconsumption?
Shantytowns for the homeless named after the President to mock him.
What are Hoovervilles?
The New Deal "R" that provided permanent changes to the law (ex: FDIC).
What is Reform?
FDR's radio talks used to explain his policies to the public.
What are Fireside Chats?
The "split" group in the Democratic party FDR had to please to pass laws.
Who are White Southern Segregationists?
The "Buy now, pay later" system that masked the fact that people were out of cash.
What is Credit?
President Hoover's belief that people should succeed through their own efforts.
What is Rugged Individualism?
The agency that restores confidence by insuring bank deposits
What is the FDIC?
The group of advisors and experts (lawyers, doctors, etc.) FDR hired to help advise him and save the country.
What is the Brain Trust
The name for the political compromise that allowed the "Southern Veto."
What are Exclusions (or Occupational Exclusions)?
The gap where the top 1% grew by 75% while the bottom 90% only grew 9%.
What is Wealth Inequality?
The 1930s ecological disaster caused by the "Great Plow Up" and drought.
What is the Dust Bowl?
The goal of the New Deal was to shift from Laissez-faire to this kind of economy.
What is a Safety Net?
This was the New Deal's first priority upon FDR taking office.
What is the Banking Collapse?
This act allowed Native American tribes to regain land and self-government.
What is the Indian Reorganization Act?
Investing in the market while assuming prices will just keep improving.
What is Speculation?
The event where WWI veterans were teargassed while protesting for their early pay.
What is the Bonus Army?
The law providing permanent benefits for the elderly and disabled.
What is Social Security?
The name for the group of African American advisors in FDR's administration.
What is the Black Cabinet?
What group of farm laborers were replaced in their jobs by Dust Bowl refugees, due to racist practices?
Who are Mexican-Americans and Filipinos?