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11.5 The Great Depression

The Americans- Reconstruction through 20th Century
Chapter 14-15
CA History Social Science Standard 11.5

AB
Herbert Hooverthis Republican won the presidential election of 1928
Black Tuesdaythis term refers to the stock market crash of October 29, 1929
Dow Jones Industrial Averagename of the most widely used measure of the stock market's health
buying on the marginrefers to paying a small percentage of a stock's price as a down payment and borrowing the rest
speculationthis term refers to making extremely risky business transactions on the cance of making quick or considerable profit
creditthis is an arrangement in which consumers agree to buy now an dpay later for pruchases, often on an installment plan that includes interests charges
Hoovervillesname given to shantytowns during the Great Depression
shantytowncardboard "villages" where homeless people lived on the outskirts of big cities during the Great Depression
Dust Bowlthis caused a migration of people, mainly farmers, moving from states like Oklahoma and Arkansas, to the western US
stockthe term "buying on the margin" refers to a risky way of buying this
Herbert Hoovercalling their shantytowns "Hoovervilles" people coveyed their disgust with this man
Federal Home Loan Bank Actits main purpose was to prevent farmers and homeowners from losing their property
Bonus Armyconsisted of WWI veterans and their families
Glass-Steagall Banking Actthis established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system
Federal Deposit Insurance Corporationcreated by the Federal Securities Act
FDICFederal Deposit Insurance Corporation
Federal Emergency Relief Administrationprovided direct relief int he form of food and clothing to the neediest people hit by the Depression--the unemployed, the aged, and the ill
Tennessee Valley Authoritythis helped to create propsperity in a poverty-stricken region by providing funds to build and repair dams, flood-control projects, and power plants
Agricultural Adjustment Actthis paid farmers to lower production and, in some cases, to destroy crops, with the greater goal of raising crop prices and farm income
Civilian Conservation Corpsthis put almost 3 million young men to work building roads, developing parks, and helping in soil-erosion and flood-control projects
Federal Securities Actthis required corporations to provide complete information on all stock offerings, withthe greater goal of restoring public confidence in the stock market
Emergency Banking Relief Actthis authorized the Treasury Department to inspect banks and to close those that were unsound, with the greater goal of restoring public confidence in the banking system
National Industrial Recovery Actthis created an administration that set fair prices on many products and established labor standards, with the greater goal of ensuring fair business practices and promoting industrial growth
Richard Wrightin his classic novel, "Native Son", he depicts the difficulties faced by a yound man trying to survive in a racist world
The Grapes of Wraththis classic novel by John Steinbeck focuses on the difficulties faced by people who, forced off the Great Plains during the Dust Bowl, move to California
John Steinbeckwrote "The Grapes of Wrath"
Gone with the Windone of the most popular movies of all time, this sweeping drama about life among Southern plantation owners during the Civil War starred Vivien Leigh and Clark Gable
Vivien Leigh and Clark Gablemovie stars who appeared in "Gone with the Wind"
Orson Wellesthis actor, director, producer, and writer created one of the most famous radio broadcasts of all time, "The War of the Worlds", and direct the movie classic, "Citizen Kane"
Social Security Actthis provides for an old-age insurance program
Social Security Actthis provides for an unemployment compensation program
Social Security Actthis provides programs that aid needy families with children and the needy disabled
National Labor Relations Boardcreated under the Wagner Act, this continues to act as a mediator in disputes between unions and employers
Securities and Exchange Commissioncreated in 1934, this continues to monitor the stock market and enforce laws regarding the sale of stocks and bonds
Tennessee Valley Authoritypollution was an unfortunate result of this program to promote flood control and build hydroelectric power plants
Federal Deposit Insurance Corporationcreated through the Glass-Steagall Banking Act, this has shored up the banking system by protecting people's savings against loss in the event of a bank failure
Frances Perkinsfirst woman to serve as a cabinet member
Eleanor Rooseveltfirst lady to FDR
FDRFranklin Delano Roosevelt
Franklin Delano RooseveltPresident who used the "New Deal" to try to address the problems that cause the Great Depression
New DealFDR's economic package of relief, recovery, and reform
the 3 R'srelief, recovery, reform
Huey Longhe claimed that the New Deal policies failed to adequately help the common person and proposed a social program called "Share Our Wealth"
Fair Labor Standards Actthis set a national, minimum hourly wage, and prohibited factory labor for children under 16 years of age


Orange, CA

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