This economic pattern is the movement up and down between periods of growth and decline in a free enterprise economy
Business Cycle
100
Another name for food, clothing, shelter, and money that is provided to the needy
relief
100
radio broadcasts by Roosevelt that were listened to by millions of Americans
fireside chats
100
Created by a group of business leaders in order to oppose the New Deal
American Liberty League
100
Proposed by Francis E. Townsend. The Plan would give citizens over 60 years of age $200 a month.
Old Age Revolving Pension (OARP)
200
Continuing rise in stock prices
bull market
200
Camps that were full of shacks built out of cardboard boxes or scrap wood.
Hoovervilles
200
A series of government programs created by Roosevelt that intended to lift the country out of the depression by creating jobs, spurring economic activity, and providing for the basic needs of the people
New Deal
200
Program of new reforms introduced by Roosevelt in January 1935
Second New Deal
200
Period where the nation became locked in a downward economic spiral; The Gross National Product fell almost 30%, and unemployment grew
The Great Depression
300
Buying stocks on credit with a loan
buying on margin
300
Program started by Hoover in order to stimulate the economy. It loaned money to businesses and banks to help keep them operating.
Reconstruction Finance Corporation (RFC)
300
Congress created this in order to protect bank accounts.
Federal Deposit Insurance Corporation (FDIC)
300
A pension plan created for retired workers over the age of 65
Social Security Act
300
a continuing drop in stock prices
bear market
400
Raised U.S. taxes on imports to all-time highs
Smoot-Hawley Tariff
400
Projects that were created to benefit the public and create jobs; Built hospitals, roads, and schools
public works
400
Created in 1933; Congress authorized $500 million of relief money; half of which went to the states to distribute the money directly to families
Federal Emergency Relief Administration (FERA)
400
occurs when a government borrows in order to spend more money than it receives in revenue
Deficit Spending
400
Putting money in a high-risk investment with the hope of making a profit
Speculation
500
What month, day, and year did the stock market crash?
October 29, 1929
500
Group of veterans that marched to Washington DC and demanded their bonuses.
Bonus Army
500
Created by congress ; workers built dams in seven states along the Tennessee River basin. The dams controlled flooding, reduced soil erosion, and generated cheap hydroelectric power
Tennessee Valley Authority (TVA)
500
A system where the government provides for the basic needs of its citizens, including health care and unemployment benefits