Unit 7 - Great Depression Flashcards
Beginning of 1929 - when American entered World War II, period when US suffered worst and most prolonged economic crisis in our history
Great Depression
Failure of US stock market, happened on Black Tuesday, marked the beginning of the Great Depression
Great Crash
October 2, 1929, day the US stock market failed
Black Tuesday
President of the United States when the Great Depression began, blamed for the Great Depression
Herbert Hoover
Communities of cardboard shacks, shantytowns occupied by people who last their homes, developed in and around American towns and cities
Hooverville
Conditions existed in Great Plains, late 1920’s - early 1930’s, caused by decades of overfarming and years of drought, helped cause thousands of Americans to lose their farms
Dust Bowl
Addition to the US Constitution, moved date of presidential inauguration from March 4th to January 20th, shortened time that a lame duck president remained in office
20th Amendment
Addition to the US Constitution, repealed the 18th Amendment, ended Prohibition, added mostly for economic reasons
21st Amendment
At 102 stories, it was for a long time the tallest free-standing structure in the world, symbol of hope for the future for Americans in 1930’s
Empire State Building
Gloomy song written for the President who lost the election in 1932, sadly it epitomized his only term in the White House
“Brother, Can You Spare a Dime?”
The biggest of the public works projects of the early Depression, spanned the Colorado River, provided cheap electricity for many people in the Southwest, later named after the President who was in office at the beginning of the Great Depression
Boulder Dam
The conservative idea that you shouldn’t rely on the federal government, you fix your own problems and take care of others, President at the beginning of the Great Depression pushed this idea that they should rely on this to get them through the economic crisis
Rugged individualism
When you get what you need from the government, President when the Great Depression began gave a lot out despite pushing rugged individualism, President believed the government should not be doing this
Direct relief
Law passed by Congress at the beginning of the Great Depression, raised taxes on imported goods to the highest level in history
Hawley-Smoot Act
Reconstruction Finance Corporation, federal agency made to help American businesses (especially banks) by making loans to stabilize them
RFC