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37 Cards in this Set
- Front
- Back
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Consumer
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A person who purchases items for their own use
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Black Tuesday
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The Wall Street crash of 1929 great crash many people who invested in stocks lost a lot of money
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Bankrupt
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When you are unable to pay for your own debt
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Relief
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A feeling of reassurance and relaxation
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Hoovervilles
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Popular name for towns built by homeless people they were named after Herbert Hoover the 31st president
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Public works program
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It helped get more people employed and get jobs
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Bonus Army
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Many people demanded immediate cash payment redemption of their service certificates
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RFC
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Independent agency gave $2 billion in aid to state and local governments and made loans to banks railroads mortgage associations and other businesses
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Franklin Delano Roosevelt
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First hundred days in office were known as the hundred days 32nd president let US through the Great Depression
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Brain trust
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Franklin would invite expert lawyers and professors to come and advise him on economic affairs
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New deal
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Franklins program to reverse the effects of the depression
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Hundred days
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Franklins presented variety of legislation to Congress which brought relief to needy and a boost of the economy
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Fireside chats
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When people were bored and scared about the depression they would listen on the radio so Franklin decided to give his speeches on the radio
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Bank holiday
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Franklin close the banks because people were scared to put money in that account
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EBRA
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This act was dictated of closing some banks and leaving others open to survive the crisis
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FERA
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Main job was to alleviate household unemployment by creating new unskilled jobs in local state governments
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CCC
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It provided jobs for single men between 18 and 25 men can make $1 each day
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TVA
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Created to provide navigation flood control electricity generation fertilizer Manufacturing in the Tennessee Valley
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PWA
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Public works construction created in response to Great Depression
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AAA
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Helped farmers overproduction caused farm income to stop the government said they would pay farmers even if they're unemployed
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FDIC
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Insured savings accounts in banks approved by the government
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REA
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Loaned money to extend electricity to rural areas one quarter of the farmers had it
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WPA
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Made jobs for people many people could have jobs during depression
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NRA
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The goal was to a eliminate cutthroat competition by bringing industry labor and the government together and write codes of fair competition
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SSA
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Established a system for old aged benefits people
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Black cabinet
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Organized group of African-Americans to advise Franklin on racial issues
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NLRA
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Protects employees in private sector to discuss organizing and workplace issues
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Collective-bargaining
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The ability for someone to negotiate with someone
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FLSA
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Introduced a maximum 44 hours seven-day week working minimum-wage time and a half for ot
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Deficit spending
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Government spending in excess of revenue of funds raised by borrowing rather than from taxation
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The dust bowl
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Major duststorm causing agriculture damage was terrible for farmers working at the time
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Migrants
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One that moves from one place to another
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The grapes of wrath
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John Steinbeck national book award Pulitzer prize focused on poor families of tenant farmers
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Frances Perkins
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US secretary of labor first woman appointed to the US cabinet
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Huey Long
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Nickname was Kingfish 40th governor of Louisiana
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Mary McLeod Bethune
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Best known for starting a school for African-Americans in Daytona Beach Florida
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Richard White
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African American author much of his literature includes racial themes joined Communist Party
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