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14 Cards in this Set
- Front
- Back
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tennessee vallu authority
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1933 helped farmers and created jobs in one of the countrys least modernized regions
provided cheap electric power, flood control, & recreational oppertunities to entire tennessee river valley |
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national debt
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entire country was in debt result of booming economy in the 1920's, stockmarket crash etc...
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coalition
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union of several groups who work together toward a common political, social or economic goal
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Wagner Act
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national labor relations act of 1935
legalized union practices such as collecting bargaining and the closed shop and out-lawed certain antiunion practices such as blacklisting |
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public works programs
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gov funded projects to build public facilities: central to FDR's new deal job programs
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Hawley-Smoot Tariff
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import tax levied in 1930, highest in US history, produced opposite of intended effect when international trade slowed
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buying on margin
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practice of buying stocks by paying 5 to 10 percent of the full price and borrowing the rest
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welfare capitalism
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industrial policy of meeting workers needs with increased pay and benefits for the purpose of preventing labor union organization
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eleanor roosevelt
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first lady 1933-1945; tireless worker for social causes, including women's rights and civil rights for blacks and other groups
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GNP
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gross national product: total anual value of goods and services a country produces
1929- $104 billion 1933- $59 billion |
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speculation
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undertaking risk on stocks or realestate for the chance of profit
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father divine
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african american minister; his harlem soup kitchens fed the hungry during the great depression
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social security act
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legislation of 1935 that established a social welfare system founded by employee and worker contributions: inlcuded old-age pensions, survivors benefits for victims of industrial accidents, and unemployment insurance
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john maynard keynes
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british economist who believed that gov spending could help a faltering economy; his theories helped shaped the new deal legislation
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