5/25/23 Chapter Test Flashcards

1
Q

buyers of stocks pay 10% of the cost of the stock when they make the purchase.

A

On Margin

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2
Q

the period of economic hard times following the Stock Market Crash lasted 1929 - 1941

A

Great Depression

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3
Q

unable to pay debts

A

Bankrupt

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4
Q

places where the hungry could get a free meal

A

Soup Kitchens

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5
Q

projects built by the government for public use

A

Public works

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6
Q

clusters of shacks where the homeless lived

A

Hoovervilles

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7
Q

group of veterans that marched at Washington D.C. during the depression waiting for their Bonus Payment from WWI (Bonus Expeditionary Force)

A

Bonus Army

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8
Q

panicked traders sold 13 million shares of stock on October 24, 1929

A

Black Thursday

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9
Q

stock prices fell drastically and there were no buyers for the stock October 29 1929

A

Black Tuesday

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10
Q

a person is responsible for themselves (Hoover’s Policy)

A

Rugged Individualism

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11
Q

helped the poor and unemployed set up Soup Kitchens

A

Young Men’s Christian Association

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12
Q

reduce unemployment and increase purchasing power through the construction of highways and public building ($500 million was put in) and built Boulder Dam

A

Public Works Program

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13
Q

Hoover’s new govenment sponsored financial institution whose purpose lend to banks and financial institutions. $2 Billion was lent

A

Reconstruction Finance Corporation

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14
Q

banks were closed for 4 days by FDR during the depression

A

Bank Holiday

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15
Q

FDR’s comforting chats by a fire during the Great Depression

A

Fireside Chats

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16
Q

the first 100 days of FDR’s presidency where 15 laws were passed

A

Hundred Days

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17
Q

the program of FDR to end the Great Depression (Relief, Recovery, Reform)

A

New Deal

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18
Q

a process by which a union representing a group of workers negotiate with management for a contract

A

Collective Bargaining

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19
Q

a sum o money paid to people on a regular basis after they retire

A

pension

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20
Q

spending by government greater than its income

A

deficit spending

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21
Q

the total amount of money that the government of a country owes to companies countries etc

A

National Debt

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22
Q

he 32nd president who helped the U.S. get through the Great Depression and proposed the New Deal

A

FDR

23
Q

senator from Louisiana AKA “Kingfish”who believed that the rich should be heavily taxed

A

Huey Long

24
Q

California Doctor who proposed that everyone over 60 should get a $200 pension each month

A

Francis Townshend

25
Q

priest from Detroit who criticized FDR for not taking action against banker and rich investors

A

Charles Coughlin

26
Q

a group of very smart people who helped FDR plan his New Deal

A

Brain Trust

27
Q

first woman to hold cabinet post - secretary of labor

A

Frances Perkin

28
Q

would decide which banks were safe to re-open

A

Emergency Banking Act

29
Q

1933 headed by Harry Hopkins (social worker). Employed single men from 18 to 25 to plant trees, build bridges and parks earning $1 a day

A

Civilian Conservation Corperation

30
Q

1935, Harry Hopkins’ idea to build hospitals, schools, parks, playgrounds, and airports

A

Works Progress Administration

31
Q

Built the Grand Coulee Dam in Washington

A

Public Works Administration

32
Q

paid farmers to not grow certain crops - smaller harvest - higher prices (supply and demand principle)

A

Agricultural Adjustment Act

33
Q

loaned money to extend electrical lines to rural areas

A

Rural Electrification Administration

34
Q

dust storms due to severe drought from Texas to the Dakotas for 5 years

A

Dust Bowl

35
Q

moved from job to job (farming jobs)

A

migrant workers

36
Q

group of black leaders, unofficial group of advisors to the President

A

Black Cabinet

37
Q

the rights due to all people (voting)

A

civil rights

38
Q

1924 Native Americans were granted citizenship

A

Indian New Deal

39
Q

supported organized labor movement, civil rights unit, and worked tirelessly for the poor

A

Eleanor Roosevelt

40
Q

educator for the Black Cabinet who worked for a Florida College

A

Mary McLeod Bethune

41
Q

black singer who wasn’t allowed to sing, at the Daughter s of the American Revolution friends with Eleanor Roosevelt

A

Marion Anderson

42
Q

commissioner of Indian Affairs

A

John Collier

43
Q

wrote “Grapes of Wrath” about migrant workers

A

John Steinbeck

44
Q

Harvard Economist form the Black Cabinet

A

Weaver

45
Q

state department of the Black Cabinet

A

Ralph Bunche

46
Q

white photographer who took pictures of poor farmers

A

Margaret Bourke

47
Q

took griping photos of migrant workers

A

Dorothea Lange

48
Q

head of mine workers who broke away from the AFL, and formed the CIO

A

John Lewis

49
Q

strike where groups of people take unauthorized possession of a work place by sitting down and stop all machines + refuse to leave the factory

A

Sit Down Strike

50
Q

it protected workers from unfair management practices, allowed collective bargaining, and set up minimum wage

A

Wagner Act/National Labor Relations Act

51
Q

head of the garment workers apart of the CIO

A

Dubinsky

52
Q

came up with sit down strikes and social security it broke away from the AFL which it only used skilled workers

A

Congress of Industrial Organizations

53
Q

head of the needle workers apart of the CIO

A

Hillman

54
Q

established minimum wage ($.25/hour) , overtime pay (over 44 hours), youth employment standards etc

A

Fair Labor Standards Act