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U.S. History
Topic 8 "The Great Depression and New Deal"
| Term | Definition |
|---|---|
| Herbert Hoover | |
| Black Tuesday | October 29th, 1929 when stock prices fell sharply in the great crash |
| Business cycle | Periodic growth and contraction of the economy |
| Capitalism | an economic system in which a country's industry is controlled by private owners for profit, rather than by the state. |
| Blue Collar | A working class person who typically performs manual labour. |
| Free enterprise | an economic system in which private business operates in competition and largely free of state control. |
| Inflation | A sustained increase in the general price level of goods and services in an economy over a period of time |
| Bonus Army | The assemblage of some 43,000 marchers many who were World War I veterans who gathered in Washington, D.C., in the spring and summer of 1932 to demand cash redemption of their service certificates. |
| Dust Bowl | A period of severe dust storms that greatly damaged the ecology and agriculture of the US prairies during the 1930s |
| Franklin D. Roosevelt | President of the United States during a time of worldwide economic depression and total war. He was a dominant leader of the Democratic Party who built a New Deal program that realigned American politics after 1932 |
| Federal Deposit Insurance Cooperation (FDIC) | Government agency that insures bank deposits, guarenteeing that depositors money will be safe |
| Tennessee Valley Authority (TVA) | Government agency that built damns in the Tennessee river valley to control flooding and generate electric power |
| Civilian Conservation Corps (CCC) | New Deal program that provided jobs to young men on conservation projects like reforestation and flood control |
| National Recovery Administration (NRA) | New Deal agency that promoted economic growth by regulating production, prices, and wages |
| Public Works Administration (PWA) | New deal program that provided millions with jobs constructing new public buildings |
| Works Progress Administration (WPA) | Key new deal agency that provided work relief through various public works projects |
| Social Security Act (SSA) | 1935 law that set up a pension system for retirees and established unemployment insurance |
| New Deal | Programs and legislation enacted by FDR during the Great Depression that promoted economic recovery |
| Mary McLeod Bethune | Advisor for FDR who represented the African American community and was a supporter of the New Deal programs as she saw they contributed to further equality between whites and blacks. |
Created by:
Mr. Peirce
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