Causes
This practice of buying and selling stocks too much in the 1920s led to the Crash in 1929
Speculation
This is the nickname for the day the stock market crashed in 1929
Black Tuesday
This program provided banking insurance. If a bank failed, you would not lose everything!
Federal Deposit Insurance Corporation
This was a program designed to provide employment and energy sources for the under-developed South
Tennessee Valley Authority
The nickname for people leaving the Dust Bowl for California
Okies
This disaster ruined American farm lands when wind storms blew away over-worked soil
The Dust Bowl
Hoover believed in this style of economics which meant little government action in fixing the Great Depression
Laissez-Faire Economics
This act gave emergency money to banks for recovery.
Emergency Banking Act
This act gave relief to farmers and outlined how to protect soil to prevent future "dust bowls"
Agricultural Adjustment Act
CCC, WPA, TVA, NRA: Unemployment Relief or Fixing The Banks?
Unemployment Relief
Factories did this practice, causing supplies to go up and demand/profit for products to go down, forcing closures.
Over-production
This was the march of WWI veterans to Washington DC that was violently broken up by President Hoover
The Bonus Army
This group was created to prevent fraud, insider trading, and over-speculating on the stock market
Securities and Exchange Commission
This program gave jobs outdoors, food, clothes, and a place to sleep for young men
Civilian Conservation Corps
SEC, FDIC, EBA and Bank Holiday: Unemployment Relief or Fixing the Banks?
Fixing The Banks
This certain tax made world economies mad at the USA by making their imported products very expensive.
Smoot-Hawley Tariff
FDR's "New Deal" had 3 goals, or 3 Rs. What were they?
Relief, Recovery, Reform
The most important New Deal act. It provided the "federal safety net" needed for all future Americans that would struggle with employment or tragedy
Social Security Act
These two groups gave job opportunities to Americans by creating construction projects that would build roads, hospitals, airports and other infrastructures.
Public Works Administration and Civil Works Administration
The name of the book that defined American struggle during the Great Depression
The Grapes of Wrath
These 3 groups of Americans struggled financially despite the riches of the 1920s...
African Americans, Coal Miners, Farmers
This was the name given to giant homeless camps in cities during the Great Depression
Hoovervilles
This was the event where FDR closed all banks until they could be inspected and approved for a re-opening
Bank Holiday
This program created the 40-hour work week, minimum wage, supported labor unions, and put rules on trusts/monopolies.
National Recovery Administration
This is an individual who has a high net worth as a result of the assets they own "on Paper."
Paper Millionaires