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21 Cards in this Set
- Front
- Back
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Great Depression
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What- A worldwide economic downturn.
When- started in the early 1920's and lasted up to the late 1940's Significance- The depression affected almost every country in the world economy, caused many economic reforms in the United States. |
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Black Tuesday
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What- The day that millions of shares were sold and that the Dow dropped 30 points
When- October 29, 1929 Significance- Marked the beginning of the Great Depression in the United States. |
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Dust Bowl
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What- A severe drought across the Great Plains that dried the topsoil and sent it flying into the air
When- lasted from 1930 to 1936 Significance- Destroyed the great plain's agricultural productivity and made it difficult to recover from that. |
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Gross National Product
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What- the market value of all products and services produced in one year by labor and property supplied by the residents of a country
When- United States economy Significance- marked the economic prosperity of the United States |
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Herbert Hoover
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Who- 31st president of the United States.
When- president from 1929–1933 Significance- Promoted partnerships between the government and businesses. |
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Franklin D Roosevelt
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Who- 32nd president of the United States who served more than two terms during the world wars and economic crisis.
When- President from 1933-1945 Significance- Focused on social programs to benefit the citizens and is considered one of the greatest US Presidents. |
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20th Amendment
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What- An amendment that sets the term limits of elected Federal officials
When- ratified on January 23, 1933. Significance- Stopped officials from remaining in power when others should be taking their place. |
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New Deal
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What- A series of economic reform programs implemented by Franklin Delano Roosevelt
When- 1933 and 1936 Significance- Focused on the difficulties caused by the Great Depression, and attempted to bring about 'relief, recovery, and reform.' |
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Frances Perkins
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Who- The first women to be placed into the presidential cabinet, done by FDR.
When- U.S. Secretary of Labor from 1933 to 1945 Significance- Was the first woman cabinet member, and helped to bring the Labor Movement into the New Deal |
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Fireside Chats
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What- a series of thirty evening radio speeches given by United States President Franklin D. Roosevelt
When- between 1933 and 1944 Significance- Reassured the American people that the economy would recover and that they will overcome the Depression. |
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FDIC
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What- A government corporation that was created as part of the Glass–Steagall Act, it protected people who placed money into member banks.
When- started in January 1, 1934 Significance- No investor has ever lost their funds due to a bank failure since the start of the corporation. |
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Public Works Administration
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What- A part of the New Deal that allowed for an organization to be created to be able to oversee public projects like dams and bridges.
When- June 1933 Significance- Was another step ion FDR's campaign to improve the lives of the people of the US |
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Civilian Conservation Corps
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What- Another program created by the New Deal that provided unskilled labor for the unemployed.
When- between 1933-42 Significance- provided many jobs to those who were otherwise unemployed and also helped to conserve the national parks and other public venues |
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Schechter v. U.S
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What- A court case that brought into question the constitutionality of laws regulating the poultry industry
When- 1935 Significance- Marked the National Industrial Recovery Act unconstitutional and an unjust use of federal power |
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Securities Exchange Commission
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What- A government run organization that enforced the security laws of the federal government
When- put into place in 1934 Significance- gave the federal government a way to be able to enforce their laws to better protect the United States. |
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Second New Deal
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What- A term used to describe the second stage of FDR's plans to improve the United States in its time of need.
When- Announced during his 1935 address to Congress Significance- FDR aimed to improve use of national resources, security against old age, unemployment and illness, and slum clearance, and also wanted to create a national welfare system to replace the existing state run efforts. |
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Works Progress Administration
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What- A very ambitious program from the second new deal that would provide millions of jobs that would work to create public buildings, roads, and started art and literary programs
When- Started in 1935 Significance- Was another attempt to be able to help ease the impact of the depression on the United States and bring people back into the workforce |
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Wagner Act 1935
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What- an act that set guidelines for how employers can react to employees that strike or create labor unions.
When- 1935 Significance- Made it so that employers could not act irrationally without having to face punishment themselves. |
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Social Security Act 1935
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What- a program that provided assistance for the elderly, the ill, and the unemployed
When- 1935 Significance- helped to protect people who would otherwise have no source of income and was the first federal program that supported the elderly |
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Huey Long
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Who- a senator and backer of FDR, proposed ideas for the redistribution of wealth in the United States.
When- ran for the presidential bid in 1936 Significance- Was a backer to FDR's policies but also had his own ideas about how the United States should recover from the Great Depression |
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John L. Lewis
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Who- another supporter of FDR, a liberal who shared many of the same ideas and drive to better the society of the United States.
When- FDR's presidency Significance- Was an avid fighter for what he believed in and gained ground for FDR's policies. However, he was an isolationist and disagreed with his foreign policies. |
