Depression

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Great Depression

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The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s

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Black Tuesday

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The Wall Street Crash of 1929 (October 1929), also known as the Great Crash, and the Stock Market Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout.

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Dust Bowl

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he Dust Bowl of the 1930s lasted about a decade. Its primary area of impact was on the southern Plains. The northern Plains were not so badly effected, but nonetheless, the drought, windblown dust and agricultural decline messed with the agriculture

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Gross National Product

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ross National Product (GNP) is the market value of all products and services
produced in one year by labor and property supplied by the residents of a country.

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Herbert Hoover

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Although Hoover has been blamed for the stock market crash, he, in fact, warned President Coolidge in 1925 about the dangers of excessive stock market speculation. He again expressed concern while running for president in 1928.

After the crash, Hoover ordered federal departments to speed up construction projects, cut $160 million in taxes, and doubled the amount spent on public works.

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Franklin D Roosevelt

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In his first 99 days, he proposed, and a Democratically controlled Congress swiftly enacted, an ambitious "New Deal" to deliver relief to the unemployed and those in danger of losing farms and homes, recovery to agriculture and business, and reform, notably through the inception of the vast Tennessee Valley Authority (TVA). The New Deal effects would take time; some 13,000,000 people were out of work by March 1933, and virtually every bank was shuttered.

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2oth Amendment

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Women's Right to Vote

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New Deal

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he nation needed immediate relief, recovery from economic collapse, and reform to avoid future depressions, so relief, recovery and reform became Franklin D. Roosevelt's goals when he took the helm as president. At his side stood a Democratic Congress, prepared to enact the measures carved out by a group of his closest advisors — dubbed the “Brain Trust” by reporters. One recurring theme in the recovery plan was Roosevelt’s pledge to help the “forgotten man at the bottom of the economic pyramid.”

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Frances Perkins

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As secretary, she played a key role in writing New Deal legislation. Because of her diligence and vision, the National Labor Relations Act (Wagner Act, 1935) was passed, which gave workers the right to collective bargaining and created the National Labor Relations Board.

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Fireside Chats

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The fireside chats were a series of thirty evening radio speeches given by
United States President Franklin D. Roosevelt between 1933 and 1944

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FDIC

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The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass–Steagall Act of 1933. It provides deposit insurance, which guarantees the safety of deposits in member banks, currently up to $250,000 per depositor per bank.

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Public Works Administration

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Public Works Administration (PWA) was part of the New Deal, or 100 hundred days plan agency in the United States headed by Secretary of the Interior Harold L. Ickes during President Roosevelt's time in office. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression.

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Civilian Conservation Corps

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Civilian Conservation Corps (CCC) was a public work relief program in the United States for unemployed, unmarried men, ages 17–25, between 1933-42. A part of the New Deal of President Franklin D. Roosevelt, it provided unskilled manual labor jobs related to the conservation and development of natural resources in rural lands owned by federal, state and local governments.

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Schechter v. U.S

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n 1935, in A.L.A. Schechter Poultry Corp. v. United States, the Supreme Court declared unconstitutional a central piece of this New Deal legislation. In reviewing the conviction of a poultry company for breaking the Live Poultry Code, the Court held that the code violated the Constitution's separation of powers because it was written by agents of the president with no genuine congressional direction.

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Securities Exchange Commission

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The SEC is responsible for implementing a series of regulatory initiatives required under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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Second New Deal

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The Second New Deal is the term used by commentators at the time and historians ever since to characterize the second stage of the New Deal programs of President Franklin D. Roosevelt. In his address to Congress in January 1935, Roosevelt called for three major goals: improved use of national resources, security against old age, unemployment and illness, and slum clearance, as well as a national welfare program (the WPA) to replace state relief efforts.

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Works Progress Administration

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he Works Progress Administration (renamed during 1939 as the Work Projects Administration; WPA) was the largest and most ambitious New Deal agency, employing millions to carry out public works projects, including the construction of public buildings and roads, and operated large arts, drama, media, and literacy projects.

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Wagner Act 1935

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a 1935 United States federal law that limits the means with which employers may react to workers in the private sector who create labor unions, engage in collective bargaining, and take part in strikes and other forms of concerted activity in support of their demands.

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Social Security Act 1935

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By signing this act on August 14, 1935, President Roosevelt became the first president to advocate federal assistance for the elderly

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Huey Long

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n national politics Long made important innovations in campaign technique, including sound trucks and radio commercials. His more lasting contribution was to the state of Louisiana rather than to the nation. ong created a public works program unprecedented in the South, with a plethora of roads, bridges, hospitals, schools and state buildings—it has endured into the 21st century. In his four-year term as governor, Long increased the mileage of paved highways in Louisiana from 331 to 2,301, plus an additional 2,816 miles (4,532 km) of gravel roads.