Vocabulary terms
What is the SEC - Securities and Exchange Commission
To regulate the stock market and prevent fraud and future crashes.
What is the 22nd Amendment
No person shall be elected to the office of the President more than twice.
What was the impact of the Social Security act?
provided the safety net to provide workers with unemployment insurance, an old age pension, or if they died early.
Who was Eleanor Roosevelt?
First Lady and supporter of FDR’s
New Deal and WWII policies. Also, championed civil rights
for women and minorities
What is TVA - Tennessee Valley Authority?
Government owned dams to generate electricity.
What ultimately ended the Great Depression
World War 2
What was the goal of the Federal Deposit Insurance Corporation?
Insured banks so people would not lose any savings in the event of a bank failure. Restored faith in banks!
What years was Herbert Hoover in the Presidential office?
1929-1933
What is CCC - Civilian Conservation Corps
gave young men jobs planting trees, cleaning up parks, etc.
What was the dustbowl?
Great Plains where heavy droughts had dried up the farmland. This forced many residents of the Great Plains to relocate
What were the New Deals?
Programs that allowed people to have jobs, money, and benefits to help fight the Great Depression
What years was FDR in the presidential office?
1933-1945
What is the Banking Act of 1933 also known as the Glass-Steagall act?
to stabilize the banking system by creating the Federal Deposit Insurance Corporation (FDIC) to insure deposits and by separating commercial banking (lending) from riskier investment banking (underwriting securities)
What were the differences of President FDR leadership and Herber Hoover?
Herbert Hoover didn't help during the Great Depression. FDR helped the American people by creating New Deal policies
During the New Deal, how did the federal government attempt to improve conditions for farmers?
by paying farmers to decrease the crops they produced
The “Dust Bowl” had the greatest impact on
Farmers
What is the WPA - Works Progress Administration
created jobs for artists, writers, and musicians to create murals, plays, and other public artworks.
1. Which was an effect of the Great Depression on the American economy?
High Unemployment
During the New Deal period, Congress blocked Franklin D. Roosevelt’s attempt to
Add judges to the Supreme Court
The New Deal changed American political thinking because it was based on the principle of
increasing the Use of pump priming spending