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Great Depression

QuestionAnswer
Dorothea Lange American photographer who recorded the Great Depression by taking pictures of the unemployed and rural poor.
Herbert Hoover (1929-1933) Party: Republican Major Events: Great Depression strikes; believed that the economy did not need the intervention of the federal government.
Franklin D. Roosevelt 32nd US President - He began New Deal programs to help the nation out of the Great Depression, and he was the nation's leader during most of WWII
Totalitarian A form of government in which the ruler is an absolute dictator (not restricted by a constitution or laws or opposition etc.)
Dust Bowl Region of the Great Plains that experienced a drought in 1930 lasting for a decade, leaving many farmers without work or substantial wages.
migrant worker person who moves from one region to another in search of work
100 days FDR's first 100 days in office. Period from March to June 1933 when Congress passed major legislation submitted by Roosevelt to deal with the Depression
SSA (Social Security Act) provided help for people that were old aged, unemployed, or disabled; founded in 1935. REFORM
FDIC (Federal Deposit Insurance Corporation) The government agency that insures customers' deposits if a bank fails. REFORM
PWA (Public Works Administration) put jobless to work building hospitals, schools, parks, and airports RECOVERY
FERA Federal Emergency Relief Administration: combined cash relief to needy families with work relief. RELIEF
CCC (Civilian Conservation Corps) Provided work for young men 18-25 years old in food control, planting, flood work, etc. RECOVERY
New Deal The name of President Roosevelt's program for getting the United States out of the depression.
New Deal Goals Relief, Recovery, Reform
"Brother Can You Spare a Dime?" Song about the great depression. Showed how even the wealthy and educated can lose everything they have.
Hoover vs. Roosevelt Hoover failed to provide direct relief for the neediest persons and Roosevelt was more willing to use government intervention to solve economic problems.
Causes of the Great Depression - Factories and farms produce more goods than people can buy. -Workers were not earning enough money. - Foreign nations were not trading with the US. - Machines took peoples jobs. -People were in debt.
Bread Lines Establishments that provided free food to people in need
Hoover's response to the Great Depression he didn't believe that gov. should become directly involved In helping to end business crisis because he though the gov. might become too powerful
Bank runs Ppl would lose confidence in bank and felt they needed to be the first ones there to get their money back before their bank fails
Bank closures Only a few banks failed, but everyone freaked out and pulled their cash out, which caused the bank to go bust
Hoover vs. Roosevelt Roosevelt promised bold experimentation to bring country back to prosperity. Hoover basically said to ride it out.
Low wages Workers during the 1920's were paid low wages.
Overproduction Overproduction of factory and farm goods led to a drop in prices.
What's so "new" about the New Deal? The New Deal directly connected the Federal government to the people
Fireside chats radio broadcasts made by FDR to the American people to explain his initiatives
Reform Permanent changes to prevent a future economic depression
Recovery Jobs programs during the depression
Relief Immediate assistance to those in need in the form of money
AAA (Agricultural Adjustment Act) RECOVERY Paid farmers not to grow crops
Buying on Credit/Margin People would buy stocks or other items by taking out loans from banks, or only pay for part of the good, but when the market crashed they could not pay back the money they owed to business or banks
Created by: user-1990075
 

 



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