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21 Cards in this Set
- Front
- Back
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Great Depression
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What: It was a severe worldwide economic depression in after WWII. It is an example of how the world's economy can decline. Cropping, mining and logging suffered the most.
When: September 4, 1929. Sig: The Great Depression was the longest and most widespread, and deepest depression of the 20th century. |
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Black Tuesday
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What: It is also known as the Great Crash in which the stock market crashed in the United States leading to the beginning of the Great Depression.
When: October 1929 Sig: The black Tuesday crashed signaled the beginning of the Great Depression and affected all Western industrialized nations. Most devastating stock market crash in the US. |
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Dust Bowl
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What: It was a period of a very severe dust storms causing major ecological and agricultural damage to Americans. It was caused by droughts and extensive farming.
When: From 1930 to 1936 Sig: Millions of acres of farmland became useless and people were forced to leave their homes. People migrated to California. |
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Gross National Product
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What: It was the market value of all products and services produced in 1 year by labor and property supplied by the people living in the country.
When: 20th century Sig: The Gross National Product allocates production based on ownership. |
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Herbert Hoover
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Who: He was the 31th President of the United States and a mineral engineer and author.
When: August 10, 1874-October 20, 1964 Sig: During the Great Depression he tried to combat it with volunteer efforts. He promoted partnerships between government and business. |
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Franklin R. Roosevelt
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Who: He was the 32th President of the United States and the central figure in world events during the 20th century.
When: January 1882-April 1945 Sig: He led the United States during a time of worldwide economic crises. He contributed to reviving the national spirit. He gave form to the New Deal. |
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20th Amendment
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What: The amendment reduce the amount of time between Election Day and the beginning of Presidential, Vice Presidential and Congressional terms.
When: January 23, 1933. Sig: Congress shall assemble at least once in every year. |
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New Deal
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What: Is a series of economic programs in response to the Great Depression. It was called the 3 R's "relief, recovery and reform".
When: 1933-1936 Sig: It produced a political alignment making the Democratic Party the majority. |
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Frances Perkins
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Who: She was the US Secretary of Labor and the first women appointed to the US cabinet. She helped craft laws against child labor.
When: April 1880 to May 1965 Sig: She was the first women to be appointed to the US cabinet. She helped pull the labor movement into the New Deal coalition. |
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Fireside Chats
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What: They were a series of radio speeches given by United States President Franklin D. Roosevelt during the Great Depression.
When: 1933-1936 Sig: They helped Roosevelt to pressure legislators to pass measures that he had proposed. |
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FDIC
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What: Is a United States government corporation created by the Glass–Steagall Act of 1933. Examines and supervises certain financial institutions for safety and soundness.
When: 1933 Sig: It provides deposit insurance, which guarantees the safety of deposits in member banks. Since its founding no depositor has lost any insured funds as a result of a failure. |
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Public Works Administration
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What: It was part of the New Deal in the United States during President Roosevelt's time in office. It was created by the National Industrial Recovery Act in response to the Great Depression. It concentrated on the construction of large-scale public works such as dams and bridges, with the goal of providing employment.
When: June 1933 Sig: It was planned to help fix the Great Depression. This Administration was focused on saving natural resources. |
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Civilian Conservatives Corps
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What: It was a public work relief program in the United States for unemployed, unmarried men. 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.
When: 1933 to 1942 Sig: designed to provide employment for young men in relief families who had difficulty finding jobs during the Great Depression while at the same time implementing a general natural resource conservation program in every state and territory. |
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Schechter vs. US
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What: It was 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.
When: 1935 Sig: Declared unconstitutional the National Industrial Recovery Act, a main component of President Roosevelt's New Deal. |
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Securities Exchange Commission
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What: Is 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.
When: June 1934 Sig: It has the power to license and regulate stock exchanges, the companies whose securities traded on them, and the brokers and dealers who conducted the trading. |
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Second New Deal
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What:Refers to the second stage of the New Deal programs of President Franklin D. Roosevelt. It 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 .
When:January 1935 Sig: It includes programs to redistribute wealth, income and power in favor of the poor, the old, farmers and labor unions. Contains one of the most important programs: Social Security. |
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Works Progress Administration
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What: It 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. Created by order of President Roosevelt.
When: 1935 Sig: It provided work for three million "employables" at this time. |
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Wagner Act 1935
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What: Also known as the National Labor Relations Act which limited the means with which employers may react to workers in the private sector.
When:1935 Sig: It does not apply to workers who are covered by the Railway Labor Act, agricultural employees, domestic employees, supervisors, federal, state or local government workers, independent contractors and some close relatives of individual employers. |
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Social Security Act 1935
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What: Federal Program which provides sociall welfare and social insurance programs and covered unemployment insurance as well. It was initially signed into law by President Franklin D. Roosevelt in 1935.
When: 1935 Sig: It gives benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. |
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Huey Long
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Who: He was a Louisiana governor. His nickname was The Kingfish. He was noted for his radical populist policies. He advocated federal spending on publick works.
When: August 1893-September 1935. Sig: Long created the Share Our Wealth program, he was an ardent critic of the Federal Reserve System's policies and he was noted for his radical populist policies. |
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John L. Lewis
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Who: He was an American leader of organized labor who served as president of the United Mine Workers of America. He was the driving force behind the founding of the Congress of Industrial Organizations.
When: February 12, 1880 – June 11, 1969 Sig: Major player in the history of coal mining. Lewis was one of the most controversial and innovative leaders in the history of labor |
