Terms Flashcards

0
Q

Buy on margin

A

Buy using a loan to pay back later

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1
Q

Stock exchange

A

A place where shares in corporations are brought and sold through an organized system

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2
Q

Recession

A

A downward turn in business activity

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3
Q

Depression

A

Total economic downturn for many years

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4
Q

Black Thursday

A

Stock market decreased steadily investors sold many shares this day

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5
Q

Public works

A

Projects such as highways, parks, and libraries built with public funds for public use

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6
Q

Hawley Smoot Tariff

A

Tax on imported goods, Americans bought less of these, foreign countries did this too, foreigners bought less American goods.

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7
Q

Hoovervilles

A

Poor people live here because of president Hoovers failure to act

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8
Q

Relief

A

Aid for the needy, welfare

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9
Q

Hundred Days

A

Roosevelts proposals for new economic programs

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10
Q

Fireside Chats

A

President sat by fire and talked to the people over radio

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11
Q

Emergency Banking Relief

A

Give money to the state for use for helping people in need

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12
Q

Bonus Army

A

Congress had agreed to give each veteran of World War I a bonus jobless veterans wanted their bonuses right away they March 2 DC demanding their money Hoover sent troops to get rid of them scaring America

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13
Q

Reconstruction Finance Corporation

A

Lent money to local businesses and state or local programs but didn’t like to make loans so it did not work

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14
Q

New Deal

A

Hundred days

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15
Q

Work Relief

A

Programs that gave needy people government jobs

16
Q

Civilian Conservation Corps – CCC

A

public works - relief

17
Q

Federal Emergency Relief Administration – FERA

A

Give money to states to provide needy - relief

18
Q

Agricultural Adjustment Act – AAA

A

Control the agricultural supply and farm prices - recovery

19
Q

United States vs Butler

A

Court case where butler sue US cuz AAA is unconstitutional

20
Q

Tennessee Valley Authority – TVA

A

Controls flooding, conservation and electricity -relief and recovery

21
Q

National Industrial Recovery Act – NIRA

A

Business regulation - recovery

22
Q

National Recovery Administration – NRA

A

Minimum-wage and abolish child labor - recovery

23
Q

Public Works Administration – PWA

A

Roads, highways, and public buildings - relief

24
Q

Federal Deposit Insurance Corporation – FDIC

A

Ensures deposited money in banks - reform

25
Q

Securities and Exchange Commission – SEC

A

Monitors the stock market - reform

26
Q

Pension

A

A sum paid regularly to a person, usually after retirement

27
Q

Share Our Wealth

A

Taxing rich then giving Americans that money to buy homes

28
Q

Second New Deal

A

The laws passed at this time changed American life even more than the hundred days

29
Q

Works Progress Administration – WPA

A

Public works - relief

30
Q

Social Security Act

A

Created a tax on workers to provide monthly pensions for elderly people

31
Q

Welfare

A

Standard of care, well-being

32
Q

Wagner Act

A

Aka national Labor Relations act guaranteed workers the right to form unions

33
Q

Fair Labor Standards Act

A

Banned child labor and set a minimum wage

34
Q

Court Packing

A

Asked Congress to increase the number of court justices planning to fill the new positions with people who agree with him about the new deal