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Chapter 12 and 13

1. speculation making large investments in order to make a large profit
2. Black Tuesday October 29, 1929 when the stock market crashed
3. Business Cycle periodic growth and contraction of the economy
4. Great Depression 1929 and 1941 when economy faltered and unemployment soared
5. Hawley-Smooth Tariff protective import tax authorized by congress in 1930
6. Bread Line line of people wanting food handouts, charity
7. Hooverville makeshift shankytowns make by homeless people during the Depression
8. Tenant Farmer when banks sold farm lands at auctions and the farmers remained on the land
9. Dust Bowl central and southern Great Plains when they experiences extreme drought and dust storms
10. Okies Dust bowl Refugees
11. Repatriation when Mexican Americans were encouraged or even forced to go back to Mexico
12. Localism when people believed problems could be solved on a local or state level
13. Reconstruction Finance Corporation gave large amounts of government money to railroads and large businesses
14. Trickle- Down Economics economic theory that holds money lent to banks and businesses will trickle down to consumers
15. Hoover Dam dam in Colorado that brought work opportunities for many men
16. Bonus Army group of WW1 vets who marched to Washington D.C. to demand early payment of a bonus they were promised
17. New Deal was Roosevelt's way of getting the US out of the Great depression with government help
18. Fireside Chat informational radio talks where FDR explained new deal programs to the average Americans
19. FDIC Federal Deposit Insurance Corporation, insures bank deposits and promises that money in the bank will be safe
20. TVA built dams to control flooding and also to generate energy
21. CCC civilian conservation corps, provided young men with relief jobs on environmental conservation projects
22. NRA National Recovery Administration, fair competition to govern whole industries, one of the most important deals
23. PWA Public Works Association, built bridges, dams, power plants, and government buildings
24. Second New Deal addressed problems for the elderly, poor, and unemployed
25. WPA work relief through various public works projects
26. Pump Priming the idea that having people work on public works projects to give the consumer money and they will buy more boosting the economy
27. Social Security Act established unemployment security to people who have lost their jobs
28. Wagner Act abolished unfair labor practices, reconized right of employees to organize labor unions, and gave workers the right to collective bargain
29. Collective Bargaining employers negotiate with labor unions about hours, wages, and working conditions
30. Fair Labor Standards Act sat a minimum wage of 25 cents and work week was 44 hours
31. CIO Congress on Industrial Organization, represented unskilled workers
32. Sit-Down Strikes when workers refused to leave the workplace until they came to a settlement
33. Court Packing FDR plan to add six new justices to the court system after the court said some of the New Deal plans were unconstitutional
34. Black Cabinet African American Leaders that served unofficially under Roosevelt
35. Indian New Deal gave Indians financial assistance
36. New Deal Coalition when many diverse groups got together after FDR died to encourage the New Deal ideas
37. Welfare State when government take responsibility of providing for the poor, sick, and unemployed
38. The Wizard of Oz movie that gave Americans hope that their dreams would come true
39. War of the Worlds a radio show that was popular and many Americans actually believed it
40. Federal Art Project gave artists opportunities
41. Mural a large painting on a wall or public space
Created by: ashley3450