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22 Cards in this Set

  • Front
  • Back
1. Great Depression and New Deal
A devastating economic crash and the governments response to it.
2. Great Depression
The Great Depression was an economic depression following WWI.
It lasted from September 4, 1929 to about 1941. It had a devastating effect on the whole world, though, as international trade dropped about 60%
3. Black Tuesday
The day that the stock market officially collapsed. October 29, 1929.
4. Dust Bowl
A famine that spread throughout the Great Plains due to bad farming techniques that for generations that ruined the soil and the failure to rotate crops also ruined the soil and it became dust that would fly around in crazy sand storms.
5. Gross National Product
the market value of all products and services produced in one year by labor and property supplied by the residents of a country
6. Herbert Hoover
31st President of the United States and is best known for failing to help the economic depression that occurred while he was in office. His "volunteer efforts" to help the depression were a complete and utter failure.
7. Franklin D Roosevelt
The 32nd President of the United States and a major reformer and inspiring leader of the Great Depression and WWII.
8. 2oth Amendment
Limits the amount of terms that a president can be elected/ serve
9. New Deal
A bunch of new economic programs that FDR passed to try to improve the economy and help the people find jobs through relief for the unemployed and poor; recovery of the economy to normal levels; and reform of the financial system to prevent a repeat depression
10. Frances Perkins
First woman in the US Cabinet
11. Fireside Chats
a series of thirty evening radio speeches given by United States President Franklin D. Roosevelt between 1933 and 1944.
12. FDIC
It provides deposit insurance, which guarantees the safety of deposits in member banks, currently up to $250,000 per depositor per bank
13. Public Works Administration
part of the New Deal
on the construction of large-scale public works such as dams and bridges, with the goal of providing employment
14. Civilian Conservation Corps
Another way that the government gave jobs. This time to young, unmarried men from provided unskilled manual labor jobs related to the conservation and development of natural resources in rural lands
15. Schechter v. U.S
A unanimous decision that declared unconstitutional the National Industrial Recovery Act(which authorized the President of the United States to regulate industry and permit cartels and monopolies in an attempt to stimulate economic recovery)
16. Securities Exchange Commission
Has responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges
17. Second New Deal
Includes 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
a national welfare program
19. Wagner Act 1935
An act 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 in support of their demands
20. Social Security Act 1935
provided benefits to retirees and the unemployed, and a lump-sum benefit at death. Payments to current retirees are financed by a payroll tax on current workers' wages, half directly as a payroll tax and half paid by the employer. The act also gave money to states to provide assistance to aged individuals,er for unemployment insurance, Aid to Families with Dependent Children, Maternal and Child Welfare, public health services, and the blind
21. Huey Long
proposing new wealth redistribution measures in the form of a net asset tax on corporations and individuals to curb the poverty and hopelessness endemic nationwide during the Great Depression. To stimulate the economy, Long advocated federal spending on public works, schools and colleges, and old age pensions. He was an ardent critic of the Federal Reserve System's policies.
22. John L. Lewis
- Founded CIO (Congress of industrial organizations)
- Buddies with FDR
- super-advocate for high wages and workers rights :)