2369821624 | great depression | -longer than previous depressions -caused more business failures -affected both middle/working class | 0 | |
2369841929 | Black Tuesday | -Oct. 29, 1929 -bottom fell out as millions panicky investors order their brokers to sell, when there were practically no buyers to be found. | 1 | |
2369849134 | Dow Jones Index | -had fallen from its september high of 381 to 198 | 2 | |
2369854803 | stock market | -exchange of stocks -not responsible for great depression | 3 | |
2369867727 | buying on margin | -allowed people to borrow most of the cost of the stock, making down payments as low as 10% | 4 | |
2369874636 | Gross National Product | -value of all the goods and services produced by the nation in one year | 5 | |
2369880748 | Herbert Hoover | -wrong in thinking that prosperity would soon return -believed the nation could get through the difficult times if the people took his advice about exercising voluntary action and restraint. -urged businesses not to cut wages, unions not to strike, and private charities to increase their efforts for the needy and the jobless. -afraid gov. assistance to individuals would destroy there self-reliance. -recognized the need for more direct government. | 6 | |
2369900654 | Hawley Smoot Tariff (1930) | -passed by republican congress -set tax increases ranging from 31% to 49% on foreign imports. -political purpose: to satisfy U.S. business leaders who thought higher tariffs of their own against U.S. goods. | 7 | |
2369912584 | debt moratorium | (suspension) on the payment of international debts. -brit and germany accepted | 8 | |
2369916676 | Farm Board | -created in 1929 before stock market crash -helped farmers stabilize prices by temporarily holding surplus grain and cotton storage. | 9 | |
2369925169 | Reconstruction Finance Corporation (RFC) | -federally funded, government owned corp. -created by congress in 1932 as a measure for propping up faltering railroads, banks, life insurance companies, and other financial institutions. -help stabilize key businesses | 10 | |
2369941416 | bonus march 1932 | -thousand unemployed WWI veterans mached to Washington, DC -demanded immediate payment of the bonuses promised them at a later date (1945) | 11 | |
2369950207 | Election of 1932 | -depressions worst year -republicans for hoover -democrats for FDR -Resulted in election of FDR | 12 | |
2369956967 | 20th amendment | (lame duck amendment) -shortened the period between the presidential election and inauguration | 13 | |
2369962253 | FDR | -married to Eleanor -expanded size of federal government, altered its scope of operations, enlarged powers of presidency -disability from polio 1921 | 14 | |
2369974290 | Eleanor Roosevelt | -FDR's wife -leader in her own right -most active first lady in history -writing newspaper columns, speeches, traveling the country -served as presidents social conscience and influenced him to support minorities and the less fortunate. | 15 | |
2369987021 | Three R's | -relief: people out of work -recovery: for business and economy as one -reform: of american economic institutions | 16 | |
2369994477 | Brain Trusts | -included Rexford Tugwell, Raymond Moley, Adolph A. Berle. -roosevelt turned to these professors for economic advise | 17 | |
2370015253 | Frances Perkins | -first woman to serve in a presidents cabinet -FDR's secretary of labor | 18 | |
2370019586 | Hundred Days | -congress passed into law every request from roosevelt...enacting more major legislation than any single congress in history -new laws: WPA,AAA,CCC,NRA | 19 | |
2370027687 | bank holiday | -to restore confidence in those banks that were still solvent -pres. ordered for those banks to have a holiday on March 6, 1933 | 20 | |
2370034542 | Beer-Wine revenue act | -legalized the sale of beer and wine -bringing prohibition to an end | 21 | |
2370038590 | Fireside chats | -March 12, 1933 -FDR said to people that banks were now safe | 22 | |
2370104302 | Emergency Banking Relief Act | -gov. to examine the finances of banks closed during bank holiday and reopen those judged to be sound | 23 | |
2370109778 | Federal Deposit Insurance Corp. (FDIC) | -Guaranteed individual bank deposits up to 5,000 | 24 | |
2370116229 | Home Owners Loan Corp. (HOLC) | -provided refinancing of small homes to prevent foreclosures | 25 | |
2370118401 | Farm Credit Administration | -provided low-interest farm loans and mortgages to prevent foreclosures on the millions of indebted farmers | 26 | |
2370126752 | Federal Emergency Relief Administration (FERA) | -outright grants of federal $ to states and local gov. that were operating soup kitchens and other forms of relief for the jobless and homeless | 27 | |
2370133709 | Public Works Administration (PWA) | -directed by Harold Ickes -allotte money to state and local governments for building roads, bridges, dams,etc. | 28 | |
2370140401 | Tennessee Valley Authority (TVA) | -experiment in the regional development of public planning. -hired thousands of people in one of the nation's poorest regions(tennessee valley) to build dams, operate electric power plants, control flooding and erosion, manufacture fertilizer | 29 | |
2370150221 | Civillian Conservation Corps. (CCC) | -employed young men on projects on federal ands and paid their families small monthly sums | 30 | |
2370157303 | Schechter vs. US | -Supreme court ruiling declaring the NRA unconstitutional | 31 | |
2370164319 | Civil Works Administration (CWA) | -Hired laborers for temporary construction projects sponsored by the federal government. | 32 | |
2370226513 | Securities and Exchange Commission (SEC) | -created to regulate the stock market and to place strict limits on the kind of speculative practics that had led to the crash of 1929 | 33 | |
2370233909 | Federal Housing Administration (FHA) | -both the construction industry and homeowners a boost by insuring bank loans for building new houses and repairing old ones. | 34 | |
2370240593 | Second New Deal | -1935 -concentrated on relief and reform | 35 | |
2370243395 | Workers Progress Administration (WPA) | -sent billions of dollars between 1935-40 -provided people with jobs -employed 3.4 million men and women who had formerly been on relief rolls of state and local governments. | 36 | |
2370250058 | Harry Hopkins | -operate the WPA | 37 | |
2370253265 | National Labor Relations | -"Wagner Act 1935" -replaced labor provisions of the National Industrial Recovery act -guaranteed a worker's right to join a union and a union's right to bargain collectively -outlawed business practices that were unfair labor | 38 | |
2370263028 | Social Security Act | -1935 -created federal insurance program based upon the automatic collection of taxes from employees and employers throughout people's working careers | 39 | |
2370270472 | Father Coughlin | -catholic priest -radio broadcaster -founded National union for Social Justice, calling to issue an inflated currency and nationalizing all banks | 40 | |
2370279318 | Dr. Frances E. Townsend | -proposing a simple plan for guaranteeing a secure income to senior citizens. -argued that recipients would stimulate the economy and soon bring the depression to an end | 41 | |
2370290920 | Huey Long | -roosevely, "most dangerous of the depression demagogues" -"kingfish" -"share on our wealth" promised a minimal income of 5,000 for every american family , to be paid for by the rich. | 42 | |
2370303341 | court- reorganization plan | -1937 -"court packing" bill -proposed that the press. be authorized to appoint the supreme court and additional justice for each current justice who was older than a certain age. | 43 | |
2370310731 | Committee of industrial organizations (CIO) | -leader John L. Lewis (pres. of United Mine Workers Union. -industrial unions came together -union membership to expand to ALL workers in an industry. (unskilled too) | 44 | |
2370320423 | sit down strike for General Motors plant | -workers instead on their right to join a union. | 45 | |
2370327522 | fair labors standards act | -1938 -provided a host of regulations on businesses in interstate commerce...establishing: 1.minimum wage 2. maximum workweek 3.child-labor restrictions on those under 16 | 46 | |
2370337084 | Fair employment practices committee | -1941 -assist minorities in gaining jobs in defense industries | 47 | |
2370338823 | A phillip randolph | -head of the railroad porters union, threatened a march on washington to demand job opportunities for african americans | 48 | |
2370343438 | indian reorganization | -(wheeler-howard act 1934) -returned lands to the control of tribes and supported the preservation of native american cultures | 49 |
Chapter 34 push 1929-1939 Flashcards
Primary tabs
Need Help?
We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.
For general help, questions, and suggestions, try our dedicated support forums.
If you need to contact the Course-Notes.Org web experience team, please use our contact form.
Need Notes?
While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!