Society
Percentage of Americans unemployed at the height of the depression?
25%
Installment plans and buying with money you don't have?
Overuse of Credit
Who created the New Deal?
President Roosevelt (FDR)
Retirement for 65 years and older?
Social Security Administration
What is a flapper?
Young women who moved away from traditional roles.
People pulling their money out of the bank all at once?
Bank Run
Caused price of good to drop?
Overproduction
Why did the people support FDR and his New Deal over President Hoover and his plan?
Hoover did very little (Laissez-faire) to combat the Great Depression often relying on charities to meet the needs of the people.
Regulates the Stock Market?
Securities and Exchange Commission
The fear of communism that led to rounding up and deporting thousands of immigrants?
Red Scare
What are the TWO causes to the Dust Bowl?
1. Overproduction of the farmland (poor soil management)
2. Drought
Debt from war?
Overspending during WWI
FDR's 15 measured plan (New Deal) was passed through Congress in the first __________ days of his presidency?
100
Insures your money in the bank?
Federal Deposit Insurance Corporation
Negative effect of Prohibition?
Rise of organized crime
What were the shacks and shanty town called in major cities?
Hoovervlles
Laissez-Faire and Tarrifs
Oversight of Government Policies
Three goals of the New Deal?
1. Relief
2. Recovery
3. Reform
Provided electricity in rural areas to help raise the standard of living and create jobs?
Tennessee Valley Authority
Many people opposed this theory because it said the lower class didn't have the ability to be successful?
Social Darwinism
The deportation of Mexican immigrants during the Great Depression.
Mexican Repatriation
Buying on margin?
Overspeculation
Conservative organization that thought the New Deal gave the government too much power and provided too much help?
American Liberty League
Created construction jobs and protected artists?
Works Progress Administration
What results did Ford hope to achieve with the assembly line?
Increased productivity and efficiency