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14 Cards in this Set
- Front
- Back
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Causes of the Great Depression
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Margin buying, lack of middle class, income gap.
(Stock market crash was the barometer, Smoot-Hawly made it worse.) |
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Herbert Hoover
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31st president durring great depression. Humanitarina in WWII. Didnt handle the depression well because he didnt believe in direct reliefe.
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Bonus Army
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WWII veterens who marched at D.C demanding an early pension. 1932.
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Black Tuesday
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Stock market crash. Margin buyings fault. 29 Oct 1929
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FDR (D)
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32nd president. Handled depression well. New Deal, creating alphebet agencies. 4 terms.
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Keynesian approach
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Give reliefe directly to the people
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Dust Bowl
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Many dust storms because of bad farming and droughts. Caused the farmers to move to California.
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FDIC
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Federal Deposit Insurance Corporation. Kept banks from failing by guarenteeing the bank $30000
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SEC
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Securities and exchange commision. Regulated to stock market.
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CCC
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cicil conservation corps. Young men working on projects.
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TVA
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Tennassee Valley Authority. Generate power for Tennassee areas. Controll floods.
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SSA
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Social Security Act. Created retirement, disibility, survivor, widow, orphan, benefits.
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WPA
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Works Progress Administration. Created jobs for the unemployed, like Hoover Dam. Artistic works aswell.
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FLSA
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Fair Labor Standards Act. Set minimum wage, minor age, limit on hours a week.
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