40382986 | CCC | hired single men (18-25) to work preserving natural resources for $1 a day. | |
40382987 | FERA | federal money to state and local levels, who distributed it. | |
40382988 | WPA | built schools, hospitals; hired artists, writers, composers, photographers, etc. | |
40382989 | NIRA | this program controlled production, set prices, wages, and working conditions. | |
40382990 | PWA | hired workers for thousands of public works (construction) projects | |
40382991 | AAA | the government paid farmers to produce less so prices would increase. Crops and animals were destroyed to keep supply low (and demand high!) | |
40382992 | REA | this program supplied money to extend electricity to rural areas. | |
40382993 | TVA | built 40 dams in 7 states, improved farmland, schools etc. | |
40382994 | FDIC | insured savings accounts in banks by the government | |
40382995 | SSA | old-age pensions, unemployment insurance; medical insurance | |
40382996 | "trickle-down" economics | economic policies should benefit big business; the money will trickle down to the lower classes | |
40382997 | relief programs | programs to immediately provide food and shelter for the needy | |
40382998 | public works programs | projects built by the government for public use.(schools, highways) | |
40382999 | RFC- Reconstruction Finance Corporation | They loaned money to banks, insurance companies, and railroads so that they would stay in business | |
40383000 | FDR's inaugural words | "The only thing we have to fear is fear itself" | |
40383001 | Bonus Army | WWI vets who went to Washington for their bonus; resulted in 4 deaths | |
40383002 | Francis Perkins | 1st female cabinet member | |
40383003 | "bank holiday" | FDR closed bans for 8 days to examine them and restore those that could stay open | |
40383004 | "Hundred Days" | famous three month period when FDR passed 15 bills | |
40383005 | Fireside chats | Radio broadcasts by FDR; served to communicate and calm the nation's fears | |
40383006 | Dorothea Lange | WPA photographer whose work captured the misery of many | |
40383007 | John Steinbeck | author of classic novel "Grapes of Wrath" | |
40383008 | "laissez-faire" | economic policy meaning to "leave alone"; let supply and demand control the outcome | |
40383009 | Black Tuesday | October 29, 1929; the day the stock market crashed | |
40383010 | New Deal | series of programs FDR created to combat the Great Depression | |
40383011 | New Deal goal #1- relief | immediate aid to the worst sufferers | |
40383012 | New Deal goal #2-recovery | boost industry & farming to help the economy | |
40383013 | New Deal goal #3-reform | measures to prevent another depression | |
40383014 | deficit spending | government spends more than it is taking in | |
40383015 | national debt | the total sum of money the government owes | |
103448625 | Huey Long | his idea of a "Share Our Wealth" program would give everyone a house, a car and $2500 a year. | |
103448626 | Charles Coughlin | This priest thought the nation should go more communist. He was anti-semitic and was later censored by the Pope. | |
103448627 | Francis Townsend | He felt people over 60 should get a pension of around $200 a month. | |
103448628 | Liberty League | This group, formed of Republican businessmen, felt the government was interfering in people's lives. | |
103448629 | NIRA & AAA | These two large programs were ruled unconstitutional by the Supreme Court. |
Great Depression
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