Great Depression & New Deal Content Flashcards

(45 cards)

1
Q

Americas first female cabinet member

A

Frances Perkins

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2
Q

educator who dedicated herself to promising opportunities for young African Americas

A

Mary McLeod Bethune

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3
Q

actor, director, producer, writer, created one of the most renewed radio broadcasts, “The War of the Worlds

A

Orson Welles

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4
Q

African- American author who wrote the novel “Native son”

A

Richard Wright

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5
Q

barometer of the stock market’s health

A

Dow Jones Industrial Average

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6
Q

buying stocks and bonds on the chance of a quick profit while ignoring the risks

A

speculation

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7
Q

paying a small percentage of a stock’s price as a down payment and borrowing the rest

A

buying on margin

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8
Q

buying and selling stocks

A

New York stock exchange

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9
Q

bottom fell out of the market and the nations confidence

A

Black Tuesday

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10
Q

the period from 1929 to 1940 in which the economy plummeted and unemployment skyrocketed

A

Great Depression

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11
Q

little towns consisting of shacks

A

shantytown

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12
Q

offered free or low-cost food

A

Soup Kitchen

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13
Q

lines of people waiting to receive food provided by charitable organizations or public agencies

A

bread ;lines

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14
Q

windstorm in 1934 that picked up millions of tons of dust from the plains and carried it to East coast cities

A

dust bowl

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15
Q

WWl vets (the bonus expeditionary force)

A

Bonus Army

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16
Q

Roosevelt promised a new deal for the American people

A

New Deal

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17
Q

spending more money than the government receives in revenue

A

deficit spending

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18
Q

set maximum hours at 44 hrs per week, decreasing to 40 hrs after two years

A

Fair Labor Standards Act

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19
Q

organize industrial unions

A

Congress of Industrial Organizations

20
Q

regulate banking and investment activities

A

Federal Deposit Insurance Corporation

21
Q

regulate banking and investment activities

A

The Securities and Exchange Comission

22
Q

acts as a mediator in labor disputes between unions and employers

A

National Labor and Relations Board

23
Q

What event led to the great Depression

A

Black Tuesday (stock market crash)

24
Q

When did black Tuesday take place?

A

October 29 1929

25
4 major causes of the Great Depression
- tariffs and policies reduce market for American goals - farmers in trouble - avaliability of credit - unequal distribution of income
26
buy now pay later
credit
27
What were peoples response to Black Tuesday?
people panicked and pulled their money from banks
28
Who was elected as president during the Great Depression?
Herbert Hoover
29
Hoovers major weaknesses?
unable to handle Congress, the press, and the public
30
Was Hoover a successful president?
no
31
lowered mortgage rates and allowed farmers to refinance
Federal Home Loan Bank Act
31
What caused the dust bowl?
- over farming - tearing up of protective grasslands
32
$2 billion in emergency financing for large businesses
Reconstruction Finance Corporation
33
help people and banks (short term)
relief
34
temporary programs to restart flow of consumer demand (temporary long term)
recovery
35
permanent programs to prevent depression (permanent long term)
reform
36
people that left the dust bowl and moved to CA
Okies
37
social reformer who used her humanitarian impulses and political skills
Elenor Roosevelt
38
FDR's biggest critic
Huey Long
39
direct relief program
Federal Emergency Relief Administration (FERA)
40
aid to the elderly
Social Security Act (SSA)
41
job programs (WPA)
works progress administration
42
insured bank deposits
Federal Deposit Insurance coporation (FDIC)
43
rural electrification
Tennessee valley authority (TVA)
44
job programs (CCC)
civillian conservation corps