chapter 9 great depression social studies Flashcards
experienced rapid growth and unprecedented speculation, culminating in the stock market crash of 1929, which triggered the Great Depression.
New York Stock Exchange
one of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits.
share
you borrow money to buy stocks, if it goes down you still owe what you borrowed
on margins
13 million stocks gone
black Thursday
WW1 soldiers promised cash in 1945
bonus army
speeches given over the radio to tell Americans of what FDR is doing to help
fireside chats
helped improve the lives of people suffering from the events of the depression/ gave opportunities to succeed from FDR
New Deal
acronyms of the new deal
alphabet soup
an independent US government agency that insures deposits in banks and savings associations, protecting depositors against losses in the event of a bank failure, up to a certain limit.
federal deposit insurance corporation FDIC
a line of people waiting to receive free food, a stark symbol of poverty and hardship, particularly during the Great Depression of the 1930s.
breadline
a work-relief initiative established in 1933 to address unemployment during the Great Depression by employing young men in conservation projects like reforestation and park development
CCC
civilian conservation act
a New Deal program established in 1933 to boost agricultural prices by reducing surpluses, offering farmers subsidies to limit production, and ultimately aiming to stabilize the farming economy during the Great Depression.
paid farmers not to farm
AAA
agriculture adjustment act
prevent floods, make electricity, DAMS
created a public corporation “To improve the navigability and to provide for the flood control of the Tennessee River; to provide for reforestation and the proper use of marginal lands in the Tennessee Valley; to provide for the agricultural and industrial development …
TVA
Tennessee valley authority
a period of severe dust storms in the 1930s that devastated the Great Plains region, caused by drought, poor farming practices, and wind erosion, leading to ecological damage and widespread migration.
dust bowl
dust storm that made farmers move to California “oakies”
black blizzard
the tendency to seek distraction and relief from unpleasant realities
swing music/jazz/film/dancing/plays/drama shows/radio
escapism
four conservative supreme court judges
four horsemen
FDR dominates this election by a landslide
election of 1936
bans child labor
fair labor safety act FLSA
takes money from you while to work to get it back when elderly
social security act SSA
workers, provide jobs and relief during the Great Depression, employing millions in public works projects
WPA
works progress administration
allows unions,
which guarantees the right of most private sector employees to organize, to engage in group efforts to improve their wages and working conditions
National Labor Relations Board
NLRB
the practice of increasing the number of judges or justices on a court, especially the Supreme Court, to alter its ideological balance and secure more favorable rulings
court packing bill
22nd ammendment
president can only win 2 terms
