Great Depression/FDR/New Deal Flashcards
Legally organized company
Corporation
Great Plains farmers, minority, discriminated against
Oakies
A period of severely reduced economic activity, sharp rise in unemployment
Depression
A way of gambling with short term investments
Speculation
Payment to a share holder
Dividend
When people went to the banks in a PANIC to withdrawal all their money, banks did not have enough money to give everyone all their money so many people went mad
Bank run/ panic
Public buying of corporations
Stock market
A temporary shut down of operations, in effect closing all state banks
Moratorium
Government charity
Dole
Financial assistance
Subsidy
Formation of unions
Unionization
A leader who gains power by appealing to people prejudices and fears rather than reason
Demagogue
Prejudicial treatment
Discrimination
The expansion of the federal government in almost all aspects of people’s lives, was a direct legacy of the new deal
Federal regulation
FDR instating that there should be 6 more judges in the Supreme Court, people saw that it was his way to get them to swing their vote his way
Court packing
Government spending money creating jobs which leads to more spending on which adds to more jobs
Prime pumping
Did not own their own land, they farmed, vulnerable to changes in farm economy, paid rent to farm, will suffer A LOT
Tenant farmers
Paying only a fraction of a stocks dollar value
Buying on MARGIN
Who was Charles E. Coughlin and what were his ideas?
Roman Catholic priest, against Jew because they ran banks, didn’t support Roosevelt, wanted to run banks like the post office
Who was Huey P. Long, what was his idea and what happened to him?
Senator of Louisiana, made himself in charge of all of Louisiana, was governor then senator, wanted to be prez, opposed FDR, abolished Louisiana government, take people with millions of dollars and give everyone 5 thousand dollars, he was assassinated
Part ownership of company
Share
Signs of economic distress
Recession
Frances Perkins
Secretary of labor
First female cabinet member
John Collier
Commissioner for the Indian reorganization act