Standard 6 - Great Depression/New Deal Flashcards
Moved inauguration of the President from March to January 20th. Shortened to the “lame Duck” session
20th Amendment
Environmental crisis in the west in which top-soil is carried hundreds of miles, caused by drought, farming methods, disease, and insects
Dust Bowl
FDR’s wife, became the eyes and ears for FDR. she led the movement for womens rights, supported the new deal and opposed the jim crow laws.
Eleanor Roosevelt
FDR’s programs for Relief, Reform, and Recovery
New Deal
Buying goods on the installment plan. Buy now and pay later.
Credit
Farmers from the dust bowl affected great plains that relocated in large numbers to southeren california to work farm jobs that were located there.
Okies
Government spending money to create stimulus in the economy.
Keynesian Economics
New deal program that employed thousands of men to build public words; hospitals,schools, airports, etc
Also employed were artists, writers, and musicians.
Works Progress Administration
Gave power to the labor unions by goving workers the rights to organize or join labor unions and to bargain collectively with their employers.
National Labor Relations Act (Wagner Act)
New Deal Program to (gov. money) pay farmers to decrease production in certain crops and increase prices. (was ruled unconstitutional)
Agricultural Adjustment Act (AAA)
Believed to have made labor unions stronger than the business owners themselves.
Wagner Act
World War 1 veterans who were promised their pension, but they marched on Washington D.C to demand their bonus to be released to them early
Bonus Army
Orders used to respond to emergencies or when congress would ot take up the issue. President Roosevelt used over 3000 of these
Executive Orders
Photographer hired by the WPA to photograph Americans during the Great Depression. She liked to focus on the struggling migrant farmer, sharecroppers, etc.
Dorthea Lange
Created for people too old to work, and the helpless, like childeren. It guaranteed payments for enrolled workers beginning at 65.
Social Security Act (SSA)
Buying stock with a portion (margin) of the money, and borrowing the rest from the banks or brokers.
Buying on Margin
When the Government spends more money than it takes in taxes. And is typically done to try to jumpstart the economy
Deficit Spending
Buying products, land, or stock, that is cheap with the hopes of selling at a higher price.
Speculation
President of the United States in 1933. His economic stimulus package was called the New Deal, government intervention created. The purpose was to put people back to work through federal programs. His fireside chats restored faith in the U.S. government.
Franklin D. Roosevelt
Roosevelt believed this was the key to economic recovery but this too was also ruled unconstitutional by the Supreme Court (after this happened FDR attempted to “pack”the Supreme Court with justices that he thought would be favorable to his programs)
National Recovery Administration (NRA)
Established to encourage people to put their money back in the banks. It insured individual deposits up to 5,000.00. The goal was to restore american trust in the banking industry
Federal Deposit Insurance Corporation (FDIC)
October 29, 1929 the day of the stock market crash.
Black Tuesday
New Deal program that created flood control, jobs, and brought electricity to 7 Southern states at a much cheaper price than private electric companies were doing at the time. Mississippi was one of the states that received electricity through the TVA.
Tennessee Valley Authority (TVA)
Writer from the “Lost Generation” but became well known for his book “The Grapes of Wrath” about a family from Oklahoma and their struggles during the Great Depression.
John Steinbeck
