Great Depression

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Great Depression

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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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October 29th, 1929. This is the date of the most famous stock market crash in history. Stocks lost 13% of their value on Black Tuesday. The date is considered the beginning of the Great Depression.

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Dust Bowl

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a period of severe dust storms causing major ecological and agricultural damage to American and Canadian prairie lands from 1930 to 1936

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Gross National Product

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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

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Herbert Hoover

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the 31st President of the United States (1929–1933). Hoover was a professional mining engineer and author

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Franklin D Roosevelt

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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

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20th Amendment

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The terms of the President and Vice President shall end at noon on the 20th day of January, and the terms of Senators and Representatives at noon on the 3d day of January, of the years in which such terms would have ended if this article had not been ratified; and the terms of their successors shall then begin

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New Deal

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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

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Frances Perkins

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the U.S. Secretary of Labor from 1933 to 1945, and the first woman appointed to the U.S. Cabinet

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Fireside Chats

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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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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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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

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Civilian Conservation Corps

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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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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

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Securities Exchange Commission

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a federal agency 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

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Second New Deal

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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

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Works Progress Administration

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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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he federal Old-Age, Survivors, and Disability Insurance (OASDI) program. The original Social Security Act (1935) and the current version of the Act, as amended encompass several social welfare and social insurance programs

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Huey Long

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erved 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

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John L. Lewis

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an American leader of organized labor who served as president of the United Mine Workers of America from 1920 to 1960