A | B |
Herbert Hoover | this Republican won the presidential election of 1928 |
Black Tuesday | this term refers to the stock market crash of October 29, 1929 |
Dow Jones Industrial Average | name of the most widely used measure of the stock market's health |
buying on the margin | refers to paying a small percentage of a stock's price as a down payment and borrowing the rest |
speculation | this term refers to making extremely risky business transactions on the cance of making quick or considerable profit |
credit | this is an arrangement in which consumers agree to buy now an dpay later for pruchases, often on an installment plan that includes interests charges |
Hoovervilles | name given to shantytowns during the Great Depression |
shantytown | cardboard "villages" where homeless people lived on the outskirts of big cities during the Great Depression |
Dust Bowl | this caused a migration of people, mainly farmers, moving from states like Oklahoma and Arkansas, to the western US |
stock | the term "buying on the margin" refers to a risky way of buying this |
Herbert Hoover | calling their shantytowns "Hoovervilles" people coveyed their disgust with this man |
Federal Home Loan Bank Act | its main purpose was to prevent farmers and homeowners from losing their property |
Bonus Army | consisted of WWI veterans and their families |
Glass-Steagall Banking Act | this established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system |
Federal Deposit Insurance Corporation | created by the Federal Securities Act |
FDIC | Federal Deposit Insurance Corporation |
Federal Emergency Relief Administration | provided 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 Authority | this 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 Act | this 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 Corps | this put almost 3 million young men to work building roads, developing parks, and helping in soil-erosion and flood-control projects |
Federal Securities Act | this required corporations to provide complete information on all stock offerings, withthe greater goal of restoring public confidence in the stock market |
Emergency Banking Relief Act | this 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 Act | this 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 Wright | in his classic novel, "Native Son", he depicts the difficulties faced by a yound man trying to survive in a racist world |
The Grapes of Wrath | this 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 Steinbeck | wrote "The Grapes of Wrath" |
Gone with the Wind | one 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 Gable | movie stars who appeared in "Gone with the Wind" |
Orson Welles | this 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 Act | this provides for an old-age insurance program |
Social Security Act | this provides for an unemployment compensation program |
Social Security Act | this provides programs that aid needy families with children and the needy disabled |
National Labor Relations Board | created under the Wagner Act, this continues to act as a mediator in disputes between unions and employers |
Securities and Exchange Commission | created in 1934, this continues to monitor the stock market and enforce laws regarding the sale of stocks and bonds |
Tennessee Valley Authority | pollution was an unfortunate result of this program to promote flood control and build hydroelectric power plants |
Federal Deposit Insurance Corporation | created 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 Perkins | first woman to serve as a cabinet member |
Eleanor Roosevelt | first lady to FDR |
FDR | Franklin Delano Roosevelt |
Franklin Delano Roosevelt | President who used the "New Deal" to try to address the problems that cause the Great Depression |
New Deal | FDR's economic package of relief, recovery, and reform |
the 3 R's | relief, recovery, reform |
Huey Long | he 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 Act | this set a national, minimum hourly wage, and prohibited factory labor for children under 16 years of age |