Term review for unit test on Great Depression and New Deal
44075554 | Herbert Hoover | US president blamed for Depression; did "Too Little, Too Late" | |
44075555 | speculation | making high risk investments in the stock market in hopes of getting rich quick | |
44075556 | buying on margin | practice that contributed to inflated stock prices in the 1920s; required only 10% downpayment to purchase stock | |
44075557 | Black Thursday | October 24, 1929; on this day J.P. Morgan's quick buying prevented a stock market crash | |
44075558 | Black Tuesday | October 29, 1929; Stock Market Crash | |
44075559 | stock | share of a company | |
44075560 | Hoovervilles | this is the name for shanty towns that sprung up around major cities during the Great Depression | |
44075561 | Dust Bowl | period of widespread drought and dust storms in the plains states during 1930s | |
44075562 | "Okies" | name given to migrants fleeing the Dust Bowl | |
44075563 | Dorothea Lange | WPA photographer most known for her photographs of migrant workers | |
44075564 | Migrant Mother | famous Dust Bowl image of mother and children taken by Dorothea Lange | |
44075565 | 21st Amendment | repealed prohibition | |
44075566 | Bonus Army | group of WWI veterans who marched to Washington DC in 1932 to demand early pensions | |
44075567 | Election of 1932 | Hoover vs. FDR; two competing ideologies - laissez faire vs. government intervention | |
44075568 | New Deal | the name given to FDR's massive plan for relief, recovery, and reform | |
44075569 | Franklin Delano Roosevelt | popular American president most remembered for the New Deal | |
44075570 | "Nothing to fear but fear itself" | famous phrase from FDR's first inaugural address in 1933 | |
44075571 | Eleanor Roosevelt | she was FDR's "legs" and a strong advocate for the New Deal | |
44075572 | Hundred Days | this early period in FDR's first term as President is notable because of how many programs and laws were created | |
44075573 | bank holiday | temporary bank closures that allowed for federal inspection of financial institutions | |
44075574 | 3 R's of the New Deal | Relief, Recovery, and Reform | |
44075575 | Relief | New Deal programs that provided direct and indirect aid to individuals and families | |
44075576 | Recovery | New Deal programs designed to speed economic recovery | |
44075577 | Reform | measures designed to regulate operation of banks and the stock market to prevent another crash | |
44075578 | fireside chats | talks given by FDR to explain government policies in a reassuring, informative fashion | |
44075579 | deficit spending | government spending in excess of tax revenues; done in 1930s to stimulate the economy | |
44075580 | "Priming the Pump" | another phrase for deficit spending | |
44075581 | FDIC | government program that insures bank deposits in case of a bank failure | |
44075582 | CCC | job creation program that employed young men in environmental projects | |
44075583 | NRA | New Deal program that attempted to set prices and wages in key industries; declared unconstitutional | |
44075584 | AAA | New Deal program that attempted to boost farm prices by paying some farmers not to plant | |
44075585 | TVA | New Deal program that led to creation of hydroelectric dams on Tennessee River | |
44075586 | Second New Deal | renewed burst of legislative activity 1935-36 | |
44075587 | WPA | program of Second New Deal that employed artists and construction workers | |
44075588 | Wagner Act | law recognizing rights of unions to organize | |
44075589 | Social Security System | program created during Second New Deal; provides old-age and disability pensions & unemployment insurance | |
44075590 | American Liberty League | organization that opposed the New Deal on the grounds that it limited American freedoms | |
44075591 | court packing | attempt by FDR to increase the size of the Supreme Court so judges favorable to his policies would be appointed | |
44075592 | Father Charles Coughlin | the "radio priest" who criticized FDR | |
44075593 | Huey Long | Governor and senator from Louisana who promoted a "Share Our Wealth" program |