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CHAPTER TEST 12/13

QuestionAnswer
Dust Bowl -Farmers came here for growing crops. -Intense dust storms -Drought -Drought caused no crop production, so no money for banks.
Business Cycle Cycle where business prices move with economy.
Tenant Farmers Other farmers work on other farmers land because they can't own there own.
Trickle-down eco. theory where money lent to banks and businesses will trickle down to consumers.
Huey Long Senator of Louisiana Wanted to "share" Assassination because of that ^ Also known as "king fish"
Black Tuesday Oct. 29th 1929-the day the stock market crashed.
Emergency Banking Bill created by FDR Close down old ruined banks and create new ones.
SEC (security and exchange) created to look over the stock market
AAA (Agricultural Adjustment Act) Raised food prices while lowering supply gov. paid farmers to not grow crops.
Social Security law that set up a pension system for the retired, established unemployment insurance, made insurance for victims of work-related accidents; provided aid for poverty-stricken moms and children, the blind and the disabled.
REA (Rural Electrification Admin) Brought electricity to farms and rural areas.
Wagner Act replaced NIRA protected right to join unions prohibited unfair labor practices
Created by: Dhrvrthd
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