GPS 17&18 Flashcards

0
Q

Recession

A

A period of slow business activity

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1
Q

Bonus army

A

A group of World War I veterans and their families who protested in Washington DC in 1932 demanding immediate payment of a pension bonus that had been promised for 1945

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2
Q

Twenty-first amendment

A

Constitutional amendment ratified in 1933 to repeal prohibition

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3
Q

Civilian conservation corps

A

Established by Congress in 1933, this program put more than 2.5 million young man to work restoring and maintaining forests, beaches, and parks

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4
Q

Agricultural adjustment administration

A

Established in 1933 to raise farm prices through government financial assistance

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5
Q

Tennessee Valley Authority

A

Federal project to provide inexpensive electric power, flood control, and recreational opportunities to the Tennessee River Valley

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6
Q

Public works program

A

Government-funded projects to build public facilities

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7
Q

Revenue

A

Income

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8
Q

Sitdown strike

A

Labor protest in which laborers stop working but refuse to leave the workplace

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9
Q

Wagner act

A

Law passed in 1935 that aided unions by legalizing collective-bargaining and closed shops, and by establishing the National Labor Relations Board

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10
Q

Dow Jones industrial average

A

Measure of average of stock prices of major industries

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11
Q

Black Tuesday

A

October 29, 1929, the day on which the Great Crash of the stock market began

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12
Q

Deficit spending

A

Paying out more money from the annual federal budget than the government receives in revenues

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13
Q

Hundred days

A

Period at the start of Franklin Roosevelt’s presidency in 1933, when many New Deal programs were passed by Congress

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14
Q

Second new deal

A

Period of legislative activity launched by President Franklin Roosevelt in 1935

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15
Q

Business cycle

A

Periods in which a nation’s economy grows, then contracts

16
Q

Social Security system

A

System established by the 1935 Social Security act to provide financial security, in the form of regular payments, to people who cannot support themselves

17
Q

Hooverville

A

Term used to describe a makeshift homeless shelter during the early years of the Great Depression

18
Q

New deal

A

Term used to describe President Franklin Roosevelt’s relief, recovery, and reform programs designed to combat the Great Depression

19
Q

Dust Bowl

A

Term used to describe the central and southern Great Plains in the 1930s, when the region sustained period of drought and dust storms

20
Q

Great Crash

A

The collapse of the American stock market in 1929

21
Q

Great Depression

A

The most severe economic downturn in the nation’s history, which lasted from 1929 to 1941

22
Q

National debt

A

Total amount of money that the federal government borrows and has to pay back