The Great Deppresion Flashcards
Harbor Hoover
President during the depression
Golden anniversary of the festival of light
Huge celebration of inventing light
Black Tuesday
October 29, 1929 stock market crashed. Begin of great Deppresion
Paraday of plenty
Farmers grew more food than they could sell. Price collapse
Associationalism
Hovers idea that the companies lead themselves without any intervention as well as the volunteers affairs
Hawley-Smoot tariff
Raised import taxes to protect USA jobs, but it backfired.
Hoovervilles
Shantytowns where the homeless lived due to economy
Dust bowl
Poor farming turned land into dust. Forced thousands to flee their farms
Bones army
Ww1 veterans who demanded early pay. Hoover crash them violently
FDR
Elected in 1932 promises bold action. Expended government to fight poverty and unemployment.
New deal
FDR’s program to provide, jobs, reform economy during depression
Agriculture adjustment act (AAA)
Paid farmers to not grow.
Work progress administrator (WPA)
Gave millions of people jobs and income to unemployed americans
Wagner act
Guaranteed workers’ right to unionize. Big shifting labor power.
Social security
Aimed to provide financial support to people who are retired, disabled, or unable to work due to certain condition