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15 Cards in this Set
- Front
- Back
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False Prosperity |
illusion of having money. People thought they were rich but they were not |
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Income gap |
most americans were below the poverty line while the rich got richer (goes hand in hand with false prosperity) |
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Installment plans |
people could buy now pay later (false prosperity) |
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stock market crash |
economic prosperity was not regulated which caused bakks to suffer which effected citizens |
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bull market |
continuation of rising stock prices |
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federal reserve |
the central bank run by the government |
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rfc |
reconstriction finance corporation -provided emergency loans from govt to large coportations such as businesses or banks |
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capitalism |
individuals and companies own produtcs compared to the government |
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socialism |
major industries are owned by govt rather than individuals |
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100 days |
first 100 days of FDR's presidency that were aimes at ending the confluct |
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FERA |
federal emergency relief admininstration -provides temporary support (ie finacial aid) for unemployed |
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ccc |
cicilian consercation corps -provide jobs for unemployed as well as schools, airports, hostpicatls,parks, etc |
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wpa |
works progress administration -provide jobs for unemployed as well as schools, airports, hostpicatls,parks, etc |
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FDIC |
federal deposit insurance corporation government guaranteed safety depostiosf ro all americans |
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sec |
secutires exhange commission regulated stock market to prevent fraud and abuse from businesses |
