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22 Cards in this Set

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  • Back
1. Great Depression and New Deal
President Roosevelt’s New Deal had three main goals. The first was to provide help to millions of suffering Americans. The second was to improve the economy. The third was to pass new laws so that there were not so many poor people.
2. Great Depression
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.
3. Black Tuesday
Black Tuesday refers to October 29, 1929, when panicked sellers traded nearly 16 million shares on the New York Stock Exchange (four times the normal volume at the time), and the Dow Jones Industrial Average fell -12%. Black Tuesday is often cited as the beginning of the Great Depression.
4. Dust Bowl
The Dust Bowl, or the Dirty Thirties, was a period of severe dust storms causing major ecological and agricultural damage to American and Canadian prairie lands from 1930 to 1936
5. Gross National Product
Gross 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. Unlike Gross Domestic Product (GDP), which defines production based on the geographical location of production, GNP allocates production based on ownership.
6. Herbert Hoover
31st President of the United States (1929–1933). Hoover was a professional mining engineer and author. As the United States Secretary of Commerce in the 1920s under Presidents Warren G. Harding and Calvin Coolidge, he promoted partnerships between government and business under the rubric "economic modernization".
7. Franklin D Roosevelt
also known by his initials, FDR, was the 32nd President of the United States (1933-1945) and a central figure in world events during the mid-20th century, leading the United States during a time of worldwide economic crisis and world war.
8. 2oth Amendment
The amendment reduced the amount of time between Election Day and the beginning of Presidential, Vice Presidential and Congressional terms.[
9. New Deal
The New Deal is a series of economic programs implemented in the United States between 1933 and 1936. They were passed by the U.S. Congress during the first term of Franklin Delano Roosevelt as President of the United States, which lasted from 1933 to 1937.
10. Frances Perkins
born Fannie Coralie Perkins, was the U.S. Secretary of Labor from 1933 to 1945, and the first woman appointed to the U.S. Cabinet. As a loyal supporter of her friend, Franklin D. Roosevelt, she helped pull the labor movement into the New Deal coalition.
11. Fireside Chats
In these chats, FDR talked about the banking system and other economic concerns. Because the President seemed to be talking directly to each listener, everything was "So clearly explained that even the bankers understood it," said one humorist. During the chats, FDR could describe his actions and his reasoning with no one to interrupt so that everyone would understand what the government was doing.
12. FDIC
The FDIC, the Federal Deposit Insurance Corporation, insured savings accounts in banks approved by the government. If an FDIC bank failed, the government would repay the depositors their money
13. Public Works Administration
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.
14. Civilian Conservation Corps
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.
15. Schechter v. U.S
a decision by the Supreme Court of the United States that invalidated regulations of the poultry industry according to the nondelegation doctrine and as an invalid use of Congress' power under the commerce clause.
16. Securities Exchange Commission
The U.S. Securities and Exchange Commission (frequently abbreviated SEC) is a federal agency[2] which holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges, and other electronic securities markets in the United States.
17. Second New Deal
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.
18. Works Progress Administration
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.
19. Wagner Act 1935
The National Labor Relations Act of the Wagner Act of 1935 was created by Congress to protect workers' right to unionization. The National Labor Relations Board was created to enforce the National Labor Relations Act.
20. Social Security Act 1935
On August 14, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, aid for dependent mothers and children, the blind, and the physically handicapped.
21. Huey Long
nicknamed The Kingfish, served as the 40th Governor of Louisiana from 1928–1932 and as a U.S. Senator from 1932 to 1935. A Democrat, he was noted for his radical populist policies.
22. John L. Lewis
an American leader of organized labor who served as president of the United Mine Workers of America (UMW) from 1920 to 1960.