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Great Depression & New Deal: Historic Events 1

AB
21st Amendment (1930s)this put an end to Prohibition (making, selling & drinking alcoholic beverages)
22nd Amendment (1951)this limits the amount of time a person can serve as President of the US to a maximum of 9 years 11 months (2 full terms + less than 2 years if their President dies in Office)
48 hour work weekthe Federal Government limits the number of hours a person can be forced to work (down from 60+ hours)
8 hour dayFederal Government says people can't be forced to work anymore than 8 hours in 1 day
AFLit stands for the American Federation of Labor
AFL CIOa large labor union that INCLUDED both skilled & unskilled workers
American Federation of Laborthis union originally only represented skilled workers
bank failureswhen banks didn't have enough money on hand to give to people wanting to remove all of the money in their savings accounts
Bank Holidayall Banks were closed by the Govt. so they could get all of their finances organized, & balanced
Black Tuesday (Oct. 29, 1929)when the Stock Market crashed - people tried to get all of the money they had invested in the Stock Market out of it
Bonus ArmyWorld War I veterans (former soldiers) marched/protested in Washington,DC to get the $$$ promised them in 1945
breadlineshungry people waiting for food because they didn't have either a job or any money
buying stock "on margin"when a person puts down a small amount of money to pay for a stock & borrows the rest
Californiaduring the Depression many people from the Midwest (Oklahoma & Kansas) traveled there in hopes of gettng a job & earning $$$
CCCit stands for Civilian Conservation Corps
Civil Works Administrationthe Government creates jobs - part of the New Deal - puts people back to work - has them build roads, airports & parks
Civilian Conservation Corpspart of the New Deal - Govt. creates jobs - people build things dealing with nature (conservation): National Forests, Beaches, Parks
commoditya thing, a good, a product
court packingFDR (President Roosevelt) tried to increase the # of Supreme Court Justices to 15 - because the Supreme Court (9) were declaring some of his programs UNconstitutional
CWAit stands for Civil Works Administration
Great Depressiona lot of people are out of work, people don't have much $$$, and some lost their homes/farms
Dust Bowlwhen the farmland in the Midwest: Kansas, Oklahoma, Nebraska, Colorado couldn't grow crops because of the lack of rain & winds blowing the soil away
Emergency Banking Relief Act1933 - part of FDRs "New Deal" - Govt. has the right to inspect banks - make sure they have enough money - aren't corrupt - gives people faith in banks
Empire State Buildinga tall skyscraper in NYC - started during the 1930s
Fair Labor Standards Act (Wages & Hours Law)put an END to CHILD LABOR - established the idea of the "Minimum Wage"
Farm Credit Administration (FCA)Farm Mortgages are refinanced at lower rates with Government help
Farm Security Administration (FSA)low interest rates on long term loans for farmers
FDICit stands for the Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporationthe Govt. guarantees people's money in banks - the banks won't run out of money
Federal Housing Authority (FHA)the Govt. encourages banks to loan money to people for homes


Jim Joyce

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