Surprise attack on the United States that led to the U.S. joining WWII and Germany declaring war on the U.S.
What was the attack on Pearl Harbor?
This organisation gave pensions to senior citizens as incentives to retire, while also giving benefits to the disabled.
What is the Social Security Act (SSA)?
This 'natural' disaster caused by mass farming in the mid west and led catastrophe within the farming industry.
What was the Dust Bowl?
Was in office when Congress declared war on Japan.
Who was Franklin Delano Roosevelt (FDR)?
Britain abandoned this in 1931 in an effort to bring about economic stability and limit deflation.
What was the Gold Standard?
Helped to instill and maintain confidence in the banking system by insuring the banks and securing savings.
What is the Federal Deposit Insurance Corps (FDIC)?
This event is often improperly considered the start/cause of the Great Depression but was really just an independent economic event that caused some instability in the economy.
What was the Stock market crash of 1929?
He believed in a more Laissez-faire structure to the government, and the self-stability of the economy.
Who was President Herbert Hoover?
The act declared America's neutrality in WWII and limits U.S.'s ability to give loans to countries currently at war.
What is the Neutrality Act of 1939?
This organisation provided work in damage control in the Appalachian Mountains, providing electricity to those areas to maintain those jobs.
What is the Tennessee Valley Authority (TVA)?
When a bank fails due to all of its customers trying to pull out their money and depleting the bank's reserves.
What is a Bank Run?
He was known for having daily broadcasts to the public every night to explain the issues the country was facing. These 'chats' were referred to as the 'fireside chats'
Who was Franklin Delano Roosevelt (FDR)?
This act gave FDR the authority to approve the sharing of resources, as long as it "benefited the US and its protection." This allowed them to help England in the war effort.
What was the Lend-Lease Act?
Provides mortgage insurance to homeowners and loans to hospitals. Intended to boost construction and housing and improve living quality of citizens.
What is the Federal Housing Administration (FHA)?
When the value of currency increased because people became reluctant to spend money and therefore prices dropped.
What was Deflation?
Created one of the first public works programs in response to the depression. Led to the construction of many infrastructure projects such as a large dam in Nevada.
Who was Herbert Hoover?
The date,(month & year) that the U.S.A. joined WWII
December, 1941
This organisation regulated stock exchanges and provided stability in the stock market.
What was the Security and Exchange Commission (SEC)?
This act led to increased tariffs in an attempt to keep goods in the country and preserve the economy. This backfired as it led to less trade worldwide and isolated economies
What was the Smoot-Hawley tariff Act?
He was the only president in the history of the United States to serve 3 terms as president.
Who was FDR?