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44 Cards in this Set

  • Front
  • Back
MARGIN
Amount of stock you could buy with credit auction
REASONS FOR THE DEPRESSION (7)
1.Old Industrial base
2.Unequal distribution of wealth
3.Easy credit
4.Low farm prices
5.Bad banking practices
6.High tariffs
7.Investor stupidity-greed
SPECULATION
Buying and selling for quick profit
Dow Jones Industrial Average
A measured based on a price of a stock of 30 large companies widely used as a barometer of the stock markets health.
Hawley Smoot Tariff
A law enacted in the 1930's that established the highest protective tariff in the US history- worsened depression
How many farms were foreclosed on between 1929-33?
400 thousand
Dust Bowl
The region including Texas, Oklahoma, Kansas, Colorado and New Mexico that was made worthless for farming by drought and dust storms in 1930's.
Direct Relief
The giving of money or food by the government directly to needy people.
Boulder Damn
A damn on the Colorado River that is now called the Hoover Damn. Built during depression as part of public works program intended to stimulate business & provide jobs.
Hoover
1.Federal home loan bank act
lowered farm mortage rates
2.tax cut
3.reconstruction finance company - provice emergency funds to banks/business $2 billion
Bonus Army
A group of WWI veterans & families who marched on D.C. to demand payment for bonus that they had been promised.
Emergency Banking Relief Act
7 bank holiday
Banks were inspected by Treasury department and those that were stable could reopen.
Glass-Steagal Act
1933 Law that established the Federal Deposit Insurance Corporation (FDIC) to protect individual bank accounts.
Federal Security Act
A law enacted in 1933 that required corporations to provide complete accurate information on all stock offerings.
Prospectus
Gives you info on new stocks
AAA 1 Agricultural Adjustment Act
(unconstitutional)
Paid farmers not to grow things
AAA 2
Parity set minimum farm prices
Civilian Conservation Core (CCC)
Agency established as part of the New Deal that put young, unemployed men to work building road, parks and planting trees.
CWA Civil Works Administration
Built schools

no money no CWA's
National Industrial Recovery Act
A law enacted in 1933 to establish codes of fair practice for industries and to promote industrial growth.
Blue Eagle Parliament
Unconstitutional
Clark Gable
Actor in movie
Gone with the wind
Judy Garland
Actress in movie
Wizard of Oz
Frances Perkins
First Female cabinet member
Marx Brothers
Comedians
HOLC
Home Owner Loan Corporation - for foreclosures
Federal Home Agency
Home loan insurance
FERA - Federal Emergency Relief Act
only direct relief
Deficit Spending
Governement spending of more money than it recieves in revenue.
Works Project Agency
Agency established as part of second new deal that provided the unemployed with jobs.
Radio personalities
Bob Hope, Jack Benny, Burns and Allen
Orsen Wells
Narrator of the story "War of the Worlds" on radio.
Thomas Benton & Grant Wood
Both painters
John Stienback
Author of Grapes of Wrath
Thorton Wilder
Author of "Our Town"
National Youth Association
An agency that provided young americans with aid and employment during depression.
Fair Labor Standards Act
1. set minimum wage
2. idea of overtime
3.set 40 hour work week
New Deal Coalition
An alliance of diverse groups including southern whites, blacks and unionized workers who supported the policies of the democractic parties.
CIO -
Congress of Industrial Organizations
Wagner Act
Also known as National Labor Relations Act, it protected workers rights after supreme court declared the NIRA unconstituional.
Dorthea Lange
Photograher during great depression.
Social Security
1. pensions
2. aid to dependent children
3. unemployment compensation system
Tennessee Valley Authority
Provided cheap power
Alfred (ALF) Landon
Ran for President in 1936.
Republican
lost election to Roosevelt.