Hoover & the Crash
Hoover’s belief that people should succeed without government help
Rugged Individualism
Massive dust storms that destroyed Great Plains farmland
The Dust Bowl
Roosevelt’s radio addresses to reassure Americans
Fireside Chats
his program hired young men to work on conservation projects like planting trees.
The Civilian Conservation Corps
(CCC)
This act temporarily closed all banks in 1933 to stop panic withdrawals.
Emergency Banking Act
Shantytowns named sarcastically after the president during the Depression
Hoovervilles
Migrants who fled the Plains, many heading to California
Okies
The three goals of the New Deal
Relief, Reform, Recovery
This agency built dams and provided cheap electricity in the South
Tennessee Valley Authority (TVA)
This New Deal law separated commercial banking from investment banking.
Glass-Steagall Banking Act
Hoover’s public works project on the Colorado River
Hoover Dam
Tariff that worsened the Depression by reducing international trade
Hawley-Smoot Tariff
FDR’s first wave of emergency programs in 1933
This agency gave direct federal aid to states to provide food, clothing, and shelter.
Federal Emergency Relief Administration (FERA)
This agency insures individual bank deposits to restore public confidence.
Federal Deposit Insurance Corporation (FDIC)
This group of WWI veterans marched on Washington demanding early promised payments
Bonus Army
Environmental cause of the Dust Bowl
Over-farming
Later New Deal focused on long-term reform and social welfare
Second New Deal
This agency funded large-scale construction projects like bridges and schools
Public Works Administration (PWA)
This government agency was created to regulate the stock market and prevent fraud.
Security and Exchange Commission (SEC)
Hoover’s agency that gave loans to banks and businesses to stimulate the economy
The Reconstruction Finance Corporation
Government act passed to control supply from farms in order to better regulate prices of crops
Agricultural Adjustment Act
DR’s controversial plan to add Supreme Court justices
Court Packing
This agency became the largest employer in the nation by funding jobs like artists, teachers, and laborers.
Works Progress Administration
Together, the Emergency Banking Act and Glass-Steagall represented this larger New Deal goal.
What is financial reform / restoring confidence in the banking system?