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The "new deal"
New Deal programs
What caused the great Great Depresion
Technology
Bustling Economy
100
Established the "new deal"
What is Franklin D. Roosevelt?
100
Provided workers with the unemployment insurance, old age pensions, and insurance if they died early.
What is Social Security?
100
Time period when the economy went in to a downfall.
What is the Great Depresion?
100
created the affordable model T car
What is Henry Ford
100
in which a flood of new, affordable goods became available to the public.
What is consumer revolution
200
the part of the "New Deal" that helped tide people over until the economy recoverd.
What is Relief?
200
insured bank deposits so that people would not lose their saving in case a bank failed.
What is Federal Deposit Insurance Corporation (FDIC)?
200
Crashed causing the Great Depresion
What is the Stock Market
200
New invention to keep food cooler and fresh
What is Refrigerator?
200
In which a consumer would make a small down payment and then pay off the rest of the debt in regular monthly payments.
What is Installment buying
300
This was a measure to recover the economy and raise incentives to produce and by rebuilding people's purchasing power. The president thought that if the government put money in to consumers hands they would go out and spend more which would increase the demand for goods to be made and more jobs created again.
What is Recovery
300
gave people jobs building rail roads, playground, swimming pools, sidewalks and sewers in their hometown. also the WPA hired artists and writers for local history and public art projects.
What is works progress administration (WPA)
300
In the 1920's a rapid expansion of new products were on the rise. but businesses were making more then they could sell because not every citizen has the income to buy these types of products like example, Farmers and railroad workers income were decreasing in the 1920's. thus then manufacturers were making more then they could sell.
What is over production
300
Made the creation of goods faster and more cheaply allowing more people to buy that item for less
What is the Assembly line?
300
the period of rising stock
What is a bull market
400
measures were aimed at remedying defects in the nation's economy to ensure that another depression would never strike again.
What is Reform
400
was created to watch over the stock market and guard against another stock market collapse
What is Securities and Exchange Commission (SEC)
400
stock prices in the 1920's soared high. people sought to strike it rich by buying stock. Also people bought stock by buying on margin which allowed people to buy stock and only pay a cut of the prices and promise to pay it back after they sold their stock. so thus the government wasn't able to manage it's banks and the stock market crashed and people weren't able to pay off their debt.
What is speculation
400
The type of transportation that made it easier to live farther from work, travel farther and go on vacations
What is Model T
400
purchasing stock on margin, a buyer paid as little as 10% of the stock price upfront to a broker.
What is buying on margin
500
was used to put people back in to work and stabalize the economy.
What is The New Deal?
500
part of the WPA, put people between the ages of 16 and 25 to work at after-school jobs around their high schools and colleges. these member mowed lawns, painted walls and did other jobs.
What is National youth Administration (NYA)
500
On October 29, 1929 the stock market crashed. the demands for goods went down and thousands of people lost their life savings. this led to factories closing, wages dropped, and a lot of workers lost their jobs. this caught the nation in to a vicious downward spiral.
What is stock market crash
500
helped produce a standardized culture
What is the radio and phonograph?
500
time when stock prices would continue to rise.
What is "new era"