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Vocabulary
Chapter 12 and 13
| Question | Answer |
|---|---|
| 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 |