5/25/23 Test Flashcards
1929-1941
Great Depression
unable to pay debts
bankrupt
a place where food is provided to the needy at little to no charge
soup kitchens
projects set up by gov’t for public’s use
public works
a group of shacks in which the homeless lived during the Great Depression
Hoovervilles
a group of veterans who marched to Washington in 1932 to demand immediate payment of a WWI bonus
Bonus Army (Bonus Expeditionary Force)
Oct 24, 1929
Black Thursday
Oct 29, 1929
Black Tuesday
a person who follows his or her own independent course in life; Hoover’s play
rugged individualism
Young Mens Christian Assoc. set up soup kitchens
YMCA
hired workers to build schools, courthouses, dams and highways; $500 mil was put into it; Ex: boulder dam
PWP (public works program)
loaned $ to railroads, banks and businesses; $2 billion was put into it; Hoover’s policy
RFC (Reconstructive Finance Corp.)
a radio speech given by FDR while in office
fireside chats
the first hundred days of FDR’s presidency, when much New Deal legislation was enacted; 15 laws were passed
hundred days
the program of FDR to end the Great Depression; Relief, Recovery, Reform
New Deal
a process by which a union representing a group of workers negotiates with management for a contract
collective bargaining
a sum of $ paid to people on a regular basis after they retire
pension
spending more than you take in
deficit spending
the total amount of $ that the gov’t owes
national debt
32nd Pres, during the Great Depression
FDR
senator from Louisiana; “King Fish”; believed the rich should be heavily taxed
Huey Long